January 4, 2000 |
With NFL playoffs looming, about 400,000 cable subscribers have lost their connection to the Fox channels because of a dispute between the entertainment giant and a cable operator. The conflict, between Fox Group Inc. and Cox Communications Corp., has already caused sports fans in Texas to miss the Cotton Bowl and a Dallas Cowboys game and probably frustrated "Ally McBeal" followers Monday night in that region as well as in Northern Virginia and Cleveland.
September 10, 2001 |
AOL Time Warner Inc. is stepping up efforts to acquire a major stake in AT&T Corp.'s cable system, offering a deal that would give the media giant control of AT&T Broadband's operations, sources familiar with the matter said Sunday. AOL has been in talks with AT&T since July, when AT&T rejected an unsolicited $41-billion stock swap bid by Comcast Corp. for AT&T Broadband, the nation's largest cable provider. AT&T then began seeking other suitors, including Walt Disney Co.
April 22, 2005 |
In a move that promises to radically alter the Los Angeles cable landscape and could eventually improve service, Time Warner Inc. and Comcast Corp. agreed Thursday to jointly acquire Adelphia Communications Corp. for about $17.6 billion in cash and stock. The offer by the nation's top two cable operators beat a $17.1-billion bid by Cablevision Systems Corp., a late entry in the yearlong auction for Adelphia, which filed for bankruptcy protection two years ago.
March 8, 2003 |
Satellite leader DirecTV is threatening to knock the ABC Family channel from its lineup as the battle between TV distributors and program suppliers escalates. The El Segundo-based company is the latest major TV distributor to refuse to pay the hefty rate increase for ABC Family demanded by the channel's owner, Walt Disney Co. According to top industry executives, the channel's modest popularity doesn't warrant the 35% hike, given its rather tiny group of loyal viewers.
March 7, 2003 |
With shares of AOL Time Warner Inc. trading at historical lows, talk of a takeover has become the latest parlor game from Wall Street to Hollywood. Viacom Inc. Chief Executive Sumner Redstone is among those who have played along, telling investors and analysts at recent meetings that he could -- theoretically, anyway -- contemplate such a deal if his own company's stock was higher.
December 28, 2003 |
Call it the Rupert Effect. Not long ago it seemed the fast-and-furious wave of media consolidation was over, with Time Warner Inc.'s marriage to AOL having proved a bust and troubled Vivendi Universal agreeing to shed its U.S. entertainment assets. The era of big deals looked dead. Then last week, the situation changed -- and so did the predictions of many Hollywood insiders about what may lie ahead in 2004. The reason was that News Corp.