Advertisement
 
YOU ARE HERE: LAT HomeCollectionsCharter Communications Corp
IN THE NEWS

Charter Communications Corp

FEATURED ARTICLES
BUSINESS
January 28, 1999 | From Bloomberg News
Charter Communications Corp., a cable-TV operator owned by billionaire Paul Allen, and Tele-Communications Inc. will acquire cable systems from InterMedia Partners in a transaction valued at $2.4 billion, the companies said. Charter will gain 400,000 of InterMedia's 1.2 million subscribers and give TCI, the No. 2 cable-TV operator and co-owner of InterMedia, cable systems in Montana and Indiana with 140,000 customers. TCI will also receive 300,000 subscribers in Nashville from InterMedia.
ARTICLES BY DATE
BUSINESS
January 28, 1999 | From Bloomberg News
Charter Communications Corp., a cable-TV operator owned by billionaire Paul Allen, and Tele-Communications Inc. will acquire cable systems from InterMedia Partners in a transaction valued at $2.4 billion, the companies said. Charter will gain 400,000 of InterMedia's 1.2 million subscribers and give TCI, the No. 2 cable-TV operator and co-owner of InterMedia, cable systems in Montana and Indiana with 140,000 customers. TCI will also receive 300,000 subscribers in Nashville from InterMedia.
Advertisement
BUSINESS
October 14, 2006 | From Bloomberg News
Gemstar-TV Guide International Inc. accused Digeo Inc. of infringing patents for interactive TV listings. Gemstar sued Digeo in federal court in Los Angeles after the closely held company refused to negotiate a license and targeted Gemstar with an antitrust lawsuit, General Counsel Stephen Kay said. Hollywood-based Gemstar's suit also names Charter Communications Corp., a cable provider controlled by billionaire Paul Allen that uses Digeo's Moxi program guide. Spokesmen for Kirkland, Wash.
BUSINESS
October 8, 2004 | From Bloomberg News
Charter Communications Corp. said it lost as many as 60,000 basic cable customers in the third quarter, the fourth consecutive quarterly decline. Sales rose about 7.5% during the quarter, excluding results from cable-TV systems that were sold, the St. Louis-based company said of the preliminary results. Charter had revenue of $1.16 billion a year ago.
ENTERTAINMENT
December 3, 2013 | By Joe Flint
Finding a closer to replace Mariano Rivera isn't the only headache the Yankees face this off-season. The team's YES Network, which carries most of its games, will soon need a new distribution deal with Time Warner Cable, the biggest pay-TV operator in the New York City area. On the Time Warner Cable website, YES is listed as a network whose contract is "about to expire. " Although the site does not give a date, people familiar with the matter said the contract expires in January.
BUSINESS
February 18, 1999 | From Bloomberg News
Charter Communications Corp., the cable TV company owned by billionaire Paul Allen, agreed to buy cable systems in 18 states from two closely held partnerships, broadening its business in the Southeastern U.S. Charter is buying systems with a combined 460,000 subscribers from Denver-based InterLink Communications Partners and Rifkin Acquisition Partners. Charter didn't say how much it will pay to acquire the partnership interests or how much debt is being assumed.
NEWS
February 24, 1999 | From Times Wire Services
Adelphia Communications Corp., one of the nation's largest cable-television companies, said Tuesday it agreed to buy FrontierVision Partners for about $1 billion in cash and stock, its third acquisition deal in three months. Adelphia and other large cable companies are buying smaller rivals to gain customers and deliver programming more efficiently. The purchase of FrontierVision would add 702,000 cable subscribers to Adelphia's base of 2.
BUSINESS
November 3, 2011 | Bloomberg News
DirecTV, the largest U.S. satellite- television provider, reported a 7.7 percent increase in third- quarter profit after a football promotion helped it gain U.S. subscribers. Net income climbed to $516 million, or 70 cents a share, from $479 million, or 55 cents, a year earlier, DirecTV said today in a statement. Sales increased 14 percent to $6.84 billion, compared with analysts' $6.78 billion projection. DirecTV, based in El Segundo, California, added 327,000 U.S. users, driven by demand for its NFL Sunday Ticket promotion.
BUSINESS
May 31, 2002 | SALLIE HOFMEISTER, TIMES STAFF WRITER
In an attempt to stave off bankruptcy, cable operator Adelphia Communications Corp. was in intense negotiations late Thursday with billionaire Paul Allen to secure a loan of as much as $2 billion, sources close to the talks said. Allen, who controls the nation's fourth-largest cable firm, Charter Communications Corp., was putting the finishing touches on the deal, which would be structured to protect him if Adelphia is forced to file for Chapter 11 bankruptcy protection.
BUSINESS
May 24, 2005 | Sallie Hofmeister, Times Staff Writer
Roger Keating, who will become head of Southern California's largest cable system if Time Warner Inc.'s proposed acquisition of Adelphia Communications Corp. is completed, promised Monday that the transaction would mean improved customer service and more advanced offerings throughout the region.
BUSINESS
June 22, 2002 | SALLIE HOFMEISTER, TIMES STAFF WRITER
A complaint filed by Gemstar-TV Guide International Inc. to protect its patents backfired Friday, undermining the company's ability to dominate the electronic programming arena. An administrative law judge for the International Trade Commission ruled that the Pasadena-based company misused one of its patents. The judge also rejected a claim that Pioneer Electronics Inc., Scientific-Atlanta Inc. and EchoStar Communications Corp.
Los Angeles Times Articles
|