February 8, 1997 |
Leo J. Hindery Jr., general partner and chief executive of InterMedia Partners, was named president of Tele-Communications Inc., the nation's largest cable TV operator. John Malone, chairman, CEO and current president of TCI, said the chief executive of each TCI business unit would report to Hindery. Malone had been expected to bring in a respected cable executive in an effort to restore the profitability of the Englewood, Colo.-based company.
February 7, 2000 |
Global Crossing Ltd., which has executive offices in Beverly Hills, is filling up fast with AT&T Corp. defectors. The most recent arrivals were hired last week by Global Crossing's Sunnyvale-based GlobalCenter Inc. subsidiary, which is run by former AT&T executive Leo J. Hindery Jr. Hindery, who joined Global Crossing in December after a turbulent stint as chief executive of AT&T's Broadband & Internet Services unit, recently hired six executives at GlobalCenter--five from AT&T.
January 5, 1999 |
In a move that could reduce shareholder opposition to its upcoming cable acquisition, AT&T Corp. has dropped a plan to combine its residential long-distance and new cable businesses into a tracking stock that would trade separately from the parent company, according to analysts. The move comes as AT&T seeks shareholder approval of its $48-billion purchase of Tele-Communications Inc., the cable-TV giant.
April 24, 1998 |
The two largest U.S. cable TV companies, Tele-Communications Inc. and Time Warner Inc., reassured Congress that they'll offer the same quality digital pictures that many broadcast TV stations will begin airing later this year. "We want to make sure that we're passing through the same quality" picture that the broadcasters are initially airing, Joseph Collins, chief executive of Time Warner cable, told the House telecommunications subcommittee.
March 24, 2002 |
There are 25 televisions at Rockwell's American Restaurant, every one of them devoted to sports, but Derek Jeter's first home run of the spring was nowhere to be seen. Like 3 million other households and businesses in the New York metropolitan area, Rockwell's is a Cablevision customer. And Cablevision, so far, is refusing to carry YES, the Yankees' new cable network, and the 130 games it will show this season.
CALIFORNIA | LOCAL
October 2, 1986
Chronicle Publishing of San Francisco said Wednesday it has agreed to buy Storer Communications' cable television operations in Agoura and Ventura County. Chronicle, the parent of the San Francisco Chronicle newspaper, said it will purchase Miami-based Storer's cable operations in Agoura, Camarillo, Fillmore, Moorpark, Ojai, Santa Paula, Thousand Oaks and Westlake Village, affecting 56,000 subscribers.
February 8, 2012 |
The bidding on the Dodgers has moved into the second round, with 11 parties cleared to advance in the process. With various bid groups discussing mergers and/or trying to acquire additional financing, and with the investment bank handling the sale receptive to substantial offers even at this late date, the list below is subject to change. The lineup of Dodgers bidders, as of Wednesday: Magic Johnson/Stan Kasten: Could soon be joined by richest man in L.A., Dr. Patrick Soon-Shiong.
March 12, 2012 |
Reporting from Phoenix — Alan Casden has been rejected by Major League Baseball as a candidate to buy the Dodgers, reducing the field of bidders to six. Casden, a Beverly Hills real estate developer, was not invited to Monday's meetings of Dodgers bidders and two committees of major league owners. The six parties still in the running each met for about a half-hour with Commissioner Bud Selig and 14 owners, representing the MLB executive council and ownership committee. "They all made excellent presentations," said Atlanta Braves chairman emeritus Bill Bartholomay, the chairman of the ownership committee.
June 10, 1997 |
Cablevision Systems Corp. is increasing its presence in the New York area with the purchase of 10 cable systems from Tele-Communications Inc. The systems serve 820,000 customers in the nation's biggest media market. TCI, the country's largest cable operator, will be paid in Cablevision stock, giving it a 33% stake in the company. The deal will expand Cablevision's reach in the New York metropolitan region to more than 2.5 million subscribers from 1.7 million.
March 19, 2012 |
Stanley Gold and the family of the late Roy Disney were reinstated to the Dodgers bidding Monday, leaving five parties in contention to buy the team. The decision was disclosed by two people familiar with the sale process but not authorized to comment. The Gold/Disney bid had been rejected last week by a committee of Major League Baseball owners, amid concerns over the structure of an offer that included private equity financing to back the launch of a regional sports network.