As the dust settled following word of Time Warner, Inc.'s rejection of 21 st Century Fox's $80-billion takeover bid, the general postgame conclusion has been that Fox chief Rupert Murdoch will undoubtedly circle back with a follow-up offer.
In a probable bellwether of pending merger activity among entertainment conglomerates, Time Warner Inc. has rejected an $80 billion cash and stock acquisition offer from 21 st Century Fox.
Comcast has quietly purchased PowerCloud Systems, the privately held maker of the Skydog Wi-Fi router and app that lets users monitor and modify how broadband is used in their homes.
After nearly five months of sturm und drang in the run-up to the regulatory approval process, the FCC has finally started the 180-day clock on vetting the proposed merger between Comcast and Time Warner Cable.
Recognizing the rapidly growing interest in wearables and the Internet of Things (IoT), CEVA has agreed to pay some $19 million to acquire privately held RivieraWaves, a four-year-old company specializing in silicon and software intellectual property (IP) related to Wi-Fi and Bluetooth connectivity.
Block Communications has agreed to buy MetroCast cable systems serving 45,000 subscribers across the Mississippi from Harron Communications.
While most eyes remain transfixed by Comcast's proposed $45 billion takeover of Time Warner Cable, a number of media industry executives are grumbling over the pay TV giant's far more quiet $320 million acquisition of online advertising platform FreeWheel in April.
William Rogerson, a former FCC chief economist and noted critic of the 2010 merger of Comcast and NBCUniversal, will be part of the team that oversees the Federal Communications Commission as it makes crucial regulatory rulings on the pending Comcast/Time Warner Cable and AT&T/DirecTV mergers.
As AT&T circled DirecTV in the nearly year-long runup to its $49 billion buyout of the satellite pay TV operator, rival satellite operator Dish Network was also heavily involved through the later stages of the bidding process, not bowing out until just before the deal with AT&T was announced in May.
Fending off hostile takeover attempts in 2013 from the likes of Charter Communications, Time Warner Cable management approached Comcast chief Brian Roberts "at least three times" about a potential merger.