Time Warner Cable
Comcast hit back at critics of its impending $45 billion merger with Time Warner Cable in a strongly worded filing with federal regulators. The company, which ranks as the nation's largest cable provider, accused Netflix, Discovery Communications, and others of attempting to extort it in return for sweetheart deals and abstaining from opposing the merger.
AT&T To Roll Out High-Speed Broadband Service On Apple's Home Turf, May Expand It To Google's
Cupertino will be the first California market in which AT&T will deploy its fiber network. The telecommunications giant, whose $67 billion deal to acquire DirecTV is under regulatory review, may also expand the rollout to San Francisco, Oakland, and parts of San Jose, including Mountain View.
Seth Meyers Is Unhappy With His Cable Company, Which Will Soon Be Part Of His Parent Company
Of being a Time Warner Cable subscriber, Seth Meyers said, "It's not great, I don't love it." His comments came during an interview with BuzzFeed CEO Jonah Peretti as part of BuzzFeed Brews with CBS This Morning.
AT&T Hopes History Doesn't Repeat Itself
Sixteen years ago, in 1998, AT&T's then-Chief Executive C. Michael Armstrong spent close to $100 billion buying up cable companies to pursue an ambitious plan to bundle video, internet, and phone service. It did not go well. And now, with its DirecTV deal, AT&T is basically trying to do it again.
Dialing For Dollars
Multiple news outlets reported Monday that AT&T is closing in on a deal to acquire DirecTV, the nation's largest satellite TV operator, for $50 billion. The potential deal comes after years of on-again, off-again negotiations between the two companies and follows the impending $45.2 billion merger of Comcast and Time Warner Cable.
Univision CEO Says Comcast-Time Warner Cable Merger Is Bad For Hispanic Consumers
Randy Falco, who previously served as one of the highest-ranking executives at NBC, said on Univision's first-quarter earnings call Monday that the Comcast-Time Warner Cable merger is bad for competition, particularly for Hispanic consumers. NBC owns Univision's top competitor, Telemundo.
After being usurped by Comcast to acquire all of Time Warner Cable, Charter Communications managed to save face by inking a deal to buy and swap some cable systems with Comcast in a complex, three-step, roughly $20 billion deal. As a result, Charter, whose biggest shareholder is cable industry pioneer John Malone, will become the second-largest cable distributor in the country, trailing only the combined Comcast-Time Warner Cable.
NBC Universal CEO Wants To Get Paid For Ratings Gains Among 18- To 49-Year-Olds
Steve Burke made the pitch during an on-the-record lunch with reporters ahead of next month's upfronts and just two days before parent company Comcast is due to defend the merits of its $45.2 billion merger with Time Warner Cable before the Senate.
The proposed $45 billion mega-merger between Comcast and Time Warner Cable put the spotlight squarely on Federal Communications Commission Chairman Tom Wheeler. The FCC and Department of Justice will conduct the merger review, looking at such factors as market concentration, pricing power, and broadband access, among other issues, to determine approval or rejection.
Charting A New Course
Cable company Charter Communications, in which John Malone's Liberty Media holds a 27% stake, made an unsolicited $61.3 billion bid for larger rival Time Warner Cable. The move marked the beginning of what is expected to be a protracted battle that could reshape the nation's cable landscape.
Why Every TV Network Owner Is Smiling Today
Time Warner Cable's loss of 306,000 video subscribers as a result of its blacking out CBS for the better part of August proves that the fight against programming-fee increases is futile. The situation is best summed up with a line from Goodfellas: Fuck you, pay me.
Arrival Of Fall, Not Football, Could End CBS Blackout
Time Warner Cable subscribers have been unable to watch CBS for 17 days due to a contract dispute. But, if historical trends are any guide, the beginning of fall — not the start of the football season — could provide the impetus to end the standoff.
Here's The Memo Sent To Current TV Employees About The Sale To Al-Jazeera
Current's CEO Joel Hyatt informed his staff that they had been purchased by Qatar-based Al-Jazeera, and that the network would no longer be carried by Time Warner Cable in an email on January 2. The subject line: "BIG NEWS FOR THE NEW YEAR!"