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SEC Filings

10-Q
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 10-Q on 10/26/2017
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Video revenues consist primarily of revenues from basic and digital video services provided to our residential customers, as well as franchise fees, equipment rental and video installation revenue. Residential video customers decreased by 345,000 from September 30, 2016 to September 30, 2017.

The increase in video revenues is attributable to the following (dollars in millions):

 
Three months ended
September 30, 2017
compared to
three months ended
September 30, 2016
Increase / (Decrease)
 
Nine months ended
September 30, 2017
compared to
nine months ended
September 30, 2016
Increase / (Decrease)
Bundle revenue allocation and price adjustments
$
140

 
$
169

Increase in video on demand and pay-per-view
55

 
45

Decrease in average basic video customers
(76
)
 
(102
)
TWC Transaction

 
3,806

Bright House Transaction

 
629

 
$
119

 
$
4,547


On a pro forma basis, assuming the Transactions occurred as of January 1, 2015, the increase in video revenues is attributable to the following (dollars in millions):

 
Nine months ended
September 30, 2017
compared to
nine months ended
September 30, 2016
Increase / (Decrease)
Bundle revenue allocation and price adjustments
$
299

Increase in video on demand and pay-per-view
46

Decrease in average basic video customers
(221
)
 
$
124


Residential Internet customers grew by 1,265,000 customers from September 30, 2016 to September 30, 2017. The increase in Internet revenues from our residential customers is attributable to the following (dollars in millions):

 
Three months ended
September 30, 2017
compared to
three months ended
September 30, 2016
Increase / (Decrease)
 
Nine months ended
September 30, 2017
compared to
nine months ended
September 30, 2016
Increase / (Decrease)
Increase in average residential Internet customers
$
205

 
$
410

Price adjustments, bundle revenue allocation and service level changes
145

 
258

TWC Transaction

 
3,268

Bright House Transaction

 
571

 
$
350

 
$
4,507




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