erings. Charter Charter provides cable services in the United States. Charter offers various entertainment, information and communications solutions to residential and commercial customers. Its infrastructure consists of a hybrid of fiber and coaxial cable plant with approximately 12.8 million estimated passings, with 97% at 550 megahertz (MHz) or greater and 98% of plant miles two-way active. As of December 31, 2013, Charter served approximately 5.9 million residential and commercial customers. Charter sells video, Internet and telephone services primarily on a subscription basis, often in a bundle of two or more services. Bundled services are available to approximately 97% of Charter's passings, and approximately 62% of customers subscribe to a bundle of services. Charter served approximately 4.2 million residential video customers as of December 31, 2013, and approximately 92% of video customers subscribed to digital video service. Digital video enables customers to access video services, such as high definition (HD) television, Charter OnDemand (OnDemand) video programming, an interactive program guide and digital video recorder service. Charter also served approximately 4.4 million residential Internet customers as of December 31, 2013. Charter's Internet service is available in various download speeds up to 100 megabits per second (Mbps) and upload speeds of up to 5 Mbps. Charter provided telephone service to approximately 2.3 million residential customers as of December 31, 2013. Telephone services typically include unlimited local and long distance calling to the U.S., Canada and Puerto Rico, plus other features, including voicemail, call waiting and caller ID. Through Charter Business, Charter provides scalable, tailored broadband communications solutions to business and carrier organizations, such as video entertainment services, Internet access, business telephone services, data networking and fiber connectivity to cellular towers and office buildings. As of December 31, 2013, Charter served approximately 567,000 commercial primary service units, primarily small- and medium-sized commercial customers. Charter's advertising sales division, Charter Media, provides local, regional and national businesses with the opportunity to advertise in individual markets on cable television networks. Live Nation Live Nation has four business segments: Concerts, Ticketing, Artist Nation and Sponsorship & Advertising. Concerts: Live Nation's Concerts segment principally involves the global promotion of live music events in their owned and/or operated venues and in rented third-party venues, the operation and management of music venues and the production of music festivals worldwide. Live Nation promoted 22,900 live music events in 2013, including artists, such as P!nk, Jay-Z, Jason Aldean, Maroon 5, Beyonce, Rihanna and One Direction and through festivals, such as Rock Werchter, Electric Daisy Carnival, Reading and Download. Ticketing: Live Nation's Ticketing segment is primarily an agency business that sells tickets for events on behalf of its clients and retains a convenience charge and order processing fee for its services. Live Nation sells tickets for its events and also for third-party clients across multiple live event categories, providing ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums and theaters. Live Nation sells tickets through a combination of Websites, telephone, mobile apps and ticket outlets. Live Nation's Ticketing segment also manages its online activities, including enhancements to Websites and bundling product offerings. Through all of its ticketing services, Live Nation sold approximately 149 million tickets in 2013 and sold an additional 100 million tickets through venue clients' box offices. Artist Nation: Live Nation's Artist Nation segment primarily provides management services to music artists in exchange for a commission on the earnings of these artists. The Artist Nation segment also sells merchandise associated with musical artists at
liberty media corp - a
(LMCA:Consolidated Issue Listed on NASDAQ Global Select )
12300 Liberty Boulevard
Englewood, CO 80112
Sponsored Financial Commentaries
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