UniTek, a Blue Bell, Penn.-based systems integrator servicing Comcast, DirecTV, AT&T and other top pay-TV operators, has filed for Chapter 11 bankruptcy protection and will restructure with its creditors taking ownership.
Comcast will appeal a bankruptcy court decision to transfer ownership of regional sports network CSN Houston to DirecTV and AT&T. But according to the Houston Chronicle, which has been exclusively tracking the case, Judge Marvin Isgur refused Comcast's request to stay his decision in the Chapter 11 restructuring.
Seeking to get the upper hand in ongoing renewal talks with DirecTV, AMC Networks on Sunday broke out the old viewer scare tactics during its presentation of its hit zombie drama The Walking Dead.
A federal bankruptcy judge has approved a restructuring that calls for the sale of struggling regional sports network Comcast SportsNet Houston to AT&T and DirecTV.
Employees of companies that perform technical work for DirecTV have filed two dozen federal lawsuits in the last seven days, arguing that they should treated as employees of the satellite operator.
While that other big proposed pay-TV mega-merger has seen increasing amounts of flak thrown at it via FCC filings, the suggested union of AT&T and DirecTV seems to be mounting powerful backers in the media technology world.
Striking a defensive tone eerily similar to another FCC petition issued by Comcast three weeks ago, AT&T and DirecTV tried to distance their proposed merger from that being undertaken by Comcast and Time Warner Cable.
Comcast has decided not to appeal a ruling by a bankruptcy judge on the valuation of regional sports network CSN Houston, clearing the sale of the network to DirecTV and AT&T.
The bankruptcy court battle over struggling regional sports network CSN Houston is going into overtime. Comcast has appealed a ruling rendered Wednesday by Bankruptcy Judge Marvin Isgur that seemed, at the time, to have cleared the sale of the network to AT&T and DirecTV.
The sale of troubled regional sports network CSN Houston to AT&T and DirecTV now appears likely, with a bankruptcy court judge ruling against Comcast on the key matter of the network's remaining value.