Cable TV provider Charter in advanced talks to combine with Cox, Bloomberg News reports

U.S. media companies are considering options for fading cable TV businesses, a longtime cash cow where revenues are eroding as millions of consumers embrace streaming video. Last month, Charter reported revenues that topped estimates as it benefited from plans that offer customers the option to combine internet, TV and phone services into a single, customizable package. Cox, the largest private broadband provider in the U.S., also provides cable services, according to its website.