Advertisement
 
YOU ARE HERE: LAT HomeCollectionsWarners
IN THE NEWS

Warners

ENTERTAINMENT
February 13, 2014 | By Dawn C. Chmielewski, This post has been updated as indicated below
Comcast Corp.'s $45.2-billion bid to acquire Time Warner Cable would expand the reach of the nation's largest residential Internet provider into one-third of America's broadband households. The digital land-grab is likely to serve as a rallying cry for those who advocate government regulation over broadband providers. As a result of the deal, Comcast would reach 30-million broadband customers out of 92-million U.S. households with high-speed Internet access. Its sheer size and market clout present an opportunity for the Federal Communications Commission to revisit its efforts to regulate broadband Internet access.
Advertisement
ENTERTAINMENT
February 13, 2014 | By Joe Flint
Comcast Corp. may seem like a white knight to Time Warner Cable, but the folks at Charter Communications probably consider it more of a snake in the grass. Charter, which last month made an unsolicited bid for Time Warner Cable, had been talking with Comcast Corp. about joining its efforts, people close to both companies confirm. Charter even offered to sell Comcast some of Time Warner Cable's East Coast properties, including a valuable system serving New York City. Although Time Warner Cable rejected Charter's bid, it was still making a push.
ENTERTAINMENT
February 13, 2014 | By Richard Verrier
The Writers Guild of America, long a fierce opponent of media consolidation, has given a thumbs-down to the proposed merger between Comcast Corp. and Time Warner Cable. Comcast Corp. reached an agreement Thursday to buy Time Warner Cable in a deal valued at $45.2 billion, creating a video and Internet colossus with 30 million subscribers and operations in some of the country's biggest markets. But the Writers Guild of America, West, contends that the proposed combination is a bad idea on several fronts.
ENTERTAINMENT
February 13, 2014 | By Meg James and Joe Flint
Comcast Corp. expects a fight from media watchdogs over its $45.2-billion deal to acquire Time Warner Cable but is confident that the sale will receive approval from lawmakers and regulators. "We believe this transaction is approvable," Comcast Chief Executive Brian L. Roberts told analysts during a Thursday morning conference call to discuss the all-stock deal that came together in the last few days. Comcast stressed that the deal is not anti-competitive, primarily because neither Comcast nor Time Warner Cable have overlapping service areas.
BUSINESS
February 13, 2014 | By David Lazarus
So will Comcast's roughly $45-billion merger with Time Warner Cable be good for consumers? To no one's surprise, Comcast Chief Executive Brian L. Roberts said Thursday that the answer is a resounding yes. Consumers will be the big winners here, he said. In Roberts' words, the merger would be "pro-consumer," "pro-competitive" and "in the public's interest. " But will it? The merger would allow Comcast to dominate the cable industry and to be the big dog in 19 of the nation's 20 largest pay-TV markets.
NEWS
February 13, 2014 | By Jon Healey
Can your cable or broadband service get any worse? That's the question that comes to mind when reading the doom-and-gloom coverage of Comcast's $45-billion purchase of Time Warner Cable. One of the most common predictions from critics: the new company will push cable and broadband prices even higher than Comcast or Time Warner Cable have been able to do separately. That's because of the leverage Comcast will gain by acquiring Time Warner Cable. The combined company would hold about 30% of the pay-TV market (and roughly half of all customers served by a cable operator)
ENTERTAINMENT
February 13, 2014 | By Ryan Faughnder
Comcast's blockbuster deal to buy Time Warner Cable has ignited speculation among Wall Street analysts about further consolidation in the media industry.  Investors have long anticipated merger agreements between Dish and DirecTV on the satellite side, as well as Sprint and T-Mobile on the wireless service provider side, and are now pondering what's next. The deal also raises questions about future moves by Cox Communications and the jilted Charter Communications, which was in the process of its own takeover attempt of Time Warner Cable.
ENTERTAINMENT
February 13, 2014 | By Saba Hamedy
Comcast's deal to buy Time Warner Cable is not fantastic, it's “#ComCrapstic,” according to some Twitter users. The proposed $45-billion transaction has sparked social media solidarity among those who hate Comcast, Time Warner Cable or both. Many users took to Twitter to complain about the potential merger, using hashtags such as “#Comcastsucks” “#Ihatecomcast” and “#monopoly.”  However, Comcast backlash is not new - websites have popped up over the last few years denouncing the company.  One such site, comcastsucks.org, has a simple message: “This site is dedicated to letting Comcast know what they need to do to (hopefully)
ENTERTAINMENT
February 12, 2014 | By Meg James and Joe Flint
Comcast Corp. has reached an agreement to buy Time Warner Cable in a deal valued at $45.2 billion, according to people familiar with the negotiations. The proposed blockbuster combination is expected to be announced Thursday and would create a video and Internet juggernaut with 30 million subscribers and operations in some of the country's biggest markets, including New York City, Los Angeles, Chicago, Philadelphia and Washington, D.C. Besides its cable and Internet operations, Comcast also is the parent of NBCUniversal, which owns the NBC broadcast network, Universal Studios and several popular cable channels, including CNBC, MSNBC and USA Network.  ON LOCATION: Where the cameras roll Time Warner Cable also has been expanding into programming and owns two sports channels in Los Angeles.
ENTERTAINMENT
February 11, 2014 | By Joe Flint
Having failed in its initial effort to buy Time Warner Cable, Charter Communications now wants to take over the company's board of directors. On Tuesday Charter announced a slate of directors it will nominate to Time Warner Cable's board at its annual meeting later this year. The 13 nominees include James Chiddix, a former chief technology officer for Time Warner Cable and Lisa Gersh, former president of Martha Stewart Living Omnimedia and Oxygen Media. The hostile move comes about a month after Time Warner Cable rejected Charter's unsolicited offer of $132.50 a share and sets up a proxy fight for the company.
Los Angeles Times Articles
|