What was billed as one of the biggest pay-per-view boxing events in decades turned out to be a major collective technical failing for the pay-TV industry.
Time Warner Cable, which has now become an acquisition target of Charter Communications, appears to be looking for a way to block such a deal and that could involve making its own play for Bright House Networks.
Midsized cable company Bright House Communications has emerged as a key pawn in the ongoing M&A dance between Charter Communications and Time Warner Cable.
Charter Communications reported a loss of 7,000 video subscribers in the first quarter but expects to increase its TV customer base for the full year with wide deployment of its next-generation Spectrum Guide video service throughout the rest of 2015.
Following an active start to 2015, during which Arris entered a $135 million co-venture with Charter Communications to purchase cloud-based video software company ActiveVideo, then put down a whopping $2.1 billion to buy competitor Pace LLC, company president and CEO Bob Stanzione put the acquisitions in context for investors.
Charter Communications CEO Tom Rutledge will meet next week with his Time Warner Cable counterpart, Rob Marcus, to discuss the possible merger between the two companies, according to CNBC, citing anonymous inside sources.
Time Warner Cable is open to discussing a possible merger with Charter Communications, according to a Reuters report citing unnamed sources.
Key among the collateral impact of the scuttled merger between Comcast and Time Warner Cable last week was the simultaneous collapse of GreatLand Communications, a new cable company that was set to be formed as an adjacent part of the megadeal.
Just hours after Comcast and Time Warner Cable officially confirmed that their marriage is off comes word that Charter Communications is preparing to make its next bid for TWC.
As expected, Comcast has announced that it's ending its $45.2 billion quest to buy Time Warner Cable. The termination announcement comes a full 14 months after Comcast originally announced one of the biggest, most controversial media infrastructure deals in history.