Tom Rutledge: Last News

Charter Communications CEO Christopher Winfrey saw his total compensation package fall dramatically in 2024 from the year before, when he was granted option and stock awards valued at about $83 million.

Charter Communications CEO Chris Winfrey said the company’s ongoing integration of streaming services for Spectrum TV and internet customers will have “a pretty significant impact on acquisition and retention.”

The chief executive of Charter Communications Christopher Winfrey saw total compensation last year of just over $89 million, inflated by $75 million in option awards.

Addressing Thursday night’s carriage impasse with Disney, Charter Communications executives told Wall Street investors on a conference call today that their linear video business is “at the edge of a precipice.”

Charter Communications, a major broadband provider and the No. 2 U.S. cable TV operator, has promoted Chris Winfrey to CEO. On December 1, he will succeed longtime cable business leader Tom Rutledge, who will segue to an executive chairman role after five decades in the industry.

Brian Steinberg Senior TV Editor Chris Winfrey, a longtime senior executive at cable giant Charter Communications, will become president and CEO of the company, starting December 1. He will succeed Tom Rutledge, the cable-industry veteran ,who will serve as executive chairman of the company and its board of directors. Winfrey has been chief operating officer of Charter, the operator of the massive Spectrum cable service, after a long stint working as its chief financial officer., “It has been an honor and a pleasure to lead Charter and this incredible team over the past 10 years,” said Rutledge, in a statement. “We have grown the company through innovation and strategic investments and have positioned Charter to provide the best converged connectivity products and services available today. During my 50 years in this industry, I have witnessed first-hand its ability to continually evolve and change the world, and our opportunity today is greater than ever with ubiquitous connectivity being central to everything we do.”

Charter CEO Tom Rutledge says Netflix’s recently announced plan to limit password sharing is “a point we’ve been trying to make for years.”

Comcast and Charter, the top two cable TV operators in the U.S., are forming a streaming joint venture based on Comcast’s popular Xfinity Flex devices.

Todd Spangler NY Digital EditorComcast and Charter Communications, the two biggest cable operators in the U.S., are joining forces in the streaming wars.The two companies on Wednesday announced a 50-50 joint venture to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs to reach customers in major markets across the country with the platform.Comcast will license Flex, its aggregated streaming platform and hardware to the JV, contribute the retail business for XClass TVs, and contribute Xumo, the free, ad-supported streaming service it acquired in 2020. Charter will make an initial contribution of $900 million, funded over multiple years.The XClass TVs will be available through national retail partners and potentially direct from Comcast and Charter to provide more customer choice.

Tom Rutledge, chairman and CEO of Charter Communications, saw his 2021 compensation rise to $41.9 million from $38.8 million in 2020.

After a conversation covering broadband, wireless spectrum, DOCSIS and other “wonky” corners of Charter Communications’ business, CEO Tom Rutledge saved his pay-TV punches for the closing stretch.

Charter Communications CEO Tom Rutledge sees the pay-TV bundle continuing to shrink because it has been “priced out of the market” during the streaming era. But video will remain a key part of the company’s strategy.