FCC Throws Wrench into Plan for Comcast Takeover of Time Warner
U.S. regulators have rewritten their definition of broadband in a manner that portrays the largest U.S. cable company as a more dominant force in high-speed internet access, thus placing a new hurdle for Comcast’s More...
Viacom CEO Philippe Dauman Cuts Cord on Nickelodeon
Viacom is the latest cable company to cut the cord (at least partially), or in industry lingo, to go “over the top” and offer direct-to-consumer streaming, according to Reuters. While the regular More...
Huge Investment in SpaceX May Vault Google into Satellite Internet Lead
Google’s investment of $1 billion in Space Exploration Technologies (SpaceX) for satellite Internet service could enable the search giant to eventually overtake cable companies in the field, a report said. In More...
Carlyle and Cinven Selling Shares of Altice
Carlyle Group and Cinven are selling their 337.5 million euro ($422 million) stake in Altice, which has risen 70% since its IPO earlier in the year, as reported by Bloomberg. French Israeli Patrick Dahi More...
3 Stock Picks From Warren Buffett
Warren Buffett made additions to his holdings the spring quarter. Berkshire Hathaway is worth $107.58 billion with 141 positions. Buffett’s core holdings include stock such as Wells Fargo (WFC), More...
Barry Diller’s Aereo Loses Final Court Bout
– Barry Diller’s Aereo’s last ditch effort to survive by getting a federal court to order that it be granted the status of a cable company has failed. On August 1, Federal Judge Alison Nathan dismissed More...
Brian Roberts’ Comcast Merging With Time Warner Cable In $44 Billion Mega Deal
– – After the markets closed in the US yesterday word began to spread that giant cable company Comcast Corporation, which is led by the son of its founder, Brian Roberts, is indeed going More...
Brian Roberts’ Comcast Continues To Make Waves In the US Cable Industry Rumours He Wants To Bid For Time Warner Cable
– Brian Roberts’ Comcast / Getty – Cable TV Industry Merger Gossip Press reports in the US are circulating that giant US cable company Comcast may be talking to much smaller competitor Charter More...