Comcast and Time Warner Cable have reportedly entered talks to determine how to sell off up to 5 million subscribers to Charter Communications. The selloff is worth potentially $20 billion or more, based on recent valuations.
Even as Comcast and Time Warner Cable executives put on a united front defending Comcast's $45.2 billion takeover of TWC, Charter Communications, a spurned suitor for the nation's second biggest MSO, is mulling a bidding war.
Madison Square Garden Co. has agreed to sell music video network Fuse to the parent company of NUVOtv, the network backed by actress and singer Jennifer Lopez, for $226 million.
Tribune Digital Ventures said that it acquired TV by the Numbers, the firm that has supplied its Zap2it program guide with editorial content since 2010.
Walt Disney Co. went through with its rumored acquisition of Maker Studios, a multichannel network, in a $500 million deal that may climb as high as $950 million after "certain performance targets" are met.
British telecom giant Vodafone agreed to pay €7.2 billion ($10 billion) to acquire Spanish cable operator Ono, which counts 1.2 million subscribers and 7.2 million homes passed.
Maker Studios, a top-rated YouTube multichannel network, is reportedly in talks with Walt Disney Co. to be acquired in a deal potentially valued between $500 million and $900 million. It would be the largest investment to date in a YouTube-based property by a traditional content provider.
Comcast Cable President-CEO Neil Smit said today that things will start to move fast once the communications giant has the OK to acquire Time Warner Cable because, among other things, "we are very well aligned."
Comcast's acquisition of advertising technology vendor Freewheel could result in a payday for DirecTV, which bought an equity stake in Freewheel in January 2013.
Time Warner's CNN has agreed to sell its news reader app Zite to Flipboard, the creator of a popular news reader app for tablets and smartphones.