Sinclair Broadcast Group filed documents with the Federal Communications Commission withdrawing its applications to acquire Tribune Media and asking the agency to cancel hearings set to discuss the merger. Sinclair asked that its applications to a
Tribune Media said in court filings that its merger path over the past 12 months with Sinclair Broadcast Group was bloodied not by regulatory pressure but by its partner's hubris, and is seeking $1 billion in damages to help heal its wounds. Tribu
When they set out on their own in 2012 after more than two decades working for one of the most revered names in the cable industry — the late Bill Bresnan, founder of Bresnan Communications — Jeff DeMond and Andrew Kober had a clear vision of wher
The Walt Disney Co.’s pending deal to buy certain assets of 21st Century Fox were briefly interrupted by a larger offer from Comcast, but the cable giant’s reluctance to offer a termination fee and concerns that the transaction would face stiff re
Comcast, Charter, and Cox have teamed up with ad sales company NCC Media to form a new division within NCC to design, deploy and sell unified advertising solutions across the country to participating NCC partners.
New Street Research managing partner Jonathan Chaplin said the cable business is going to look vastly different in the next five years. “Today the wireless and cable industries have completely separate networks.
Time Warner shareholders approved the pending $108.7 billion merger with AT&T on Feb 15, putting the mega-deal on a path for a year-end 2017 close.
Credit rating agency Moody’s Investors Service predicts that mergers & acquisitions activity among telecommunication companies will continue as the industry seeks to offset low revenue potential and intensifying competition with deals.
Cable One said it has agreed to purchase mid-sized cable operator NewWave Communications from private equity group GTCR for $735 million in cash. The deal is expected to close in the second quarter of 2017.
Tiny public utility Conway Corp., is the latest company to enter the ultra high-speed Internet arena, with plans to unveil a 1-Gigabit per second broadband service in Conway (AR) in December. Conway Corp.