DirecTV calls off acquisition of rival Dish
DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
Like other cable companies, Comcast in recent years has shifted its business emphasis away from traditional cable toward streaming and other sources of revenue.
The Walt Disney Co. and Charter Communications announced the resolution of their fight on Monday, restoring ESPN to some 15 million cable television customers hours before the game.
Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, but its stock price fell 8% Wednesday over concern about the ongoing strikes by both the writers and actors union.
Earlier this month, AT&T blacked out 120 stations operated by Nexstar in a similar dispute over programming costs. Among those stations is WISH-TV Channel 8 in Indianapolis.
The move by cable and satellite providers is meant at least in part to cover increasing costs for carrying networks and popular channels, but they risk exacerbating the trend of canceling service altogether.
Comcast isn't likely the only mega-media bid in the works. There will probably be a rush to consolidate. Here's a look at some of the proposed combinations that could transform the media landscape and change how people get their entertainment.
The nation’s biggest cable provider lost video subscribers for the third straight quarter, but 350,000 customers signed up for broadband service, helping the company top sales and earnings estimates.
The sale marks an epic downsizing for Rupert Murdoch, an 86-year-old former Australian who spent his adult life amassing the assets that made him a kingmaker in U.S. and U.K. politics.
More and more viewers are plowing through a streaming network series’ full season in less than 24 hours after the release of those episodes.
With the change, Comcast could attract new subscribers at a time when growth in the pay-TV business has slowed.
Time Warner Cable and Bright House Networks will be phased out after Charter Communications Inc. closes its $55.1 billion purchase of Time Warner on Wednesday.
Federal regulators on Monday approved Charter’s $67 billion bid to buy Time Warner Cable and Bright House Networks, two companies that have about 240,000 customers in Indiana.
The 77-74 thriller that ended with a three-point shot at the buzzer attracted 17.8 million total viewers on TNT, TBS and TruTv. That’s down from the 28.3 million who tuned in to the men’s college basketball title game a year ago.
Comcast, the largest cable company in Indiana and the nation, is trumpeting its best year for traditional TV services in nearly a decade, even though it continues to lose TV subscribers.
WTHR-TV returned to the Dish Network channel lineup Tuesday, ending a contract disagreement over retransmission fees that lasted more than five weeks.
Charter Communications Inc.’s deal to buy Bright House for $10.4 billion is now in jeopardy because it had depended on Comcast Corp. closing its now-defunct merger with Time Warner Cable Inc.
GreatLand Connections would have been the fifth largest cable company in the United States, with more than 2.5 million subscribers, including 344,400 in the Indianapolis area.
Comcast Corp. has dropped its $45.2 billion deal to buy Time Warner Cable Inc., officially pulling the plug after concluding the merger would be rejected by regulators. The merger would have completely changed the cable industry landscape in central Indiana.
Comcast is prepared to call off the deal if concessions needed to win federal approval are too strict, according to people familiar with the matter. The merger, if completed as planned, would shake up the cable industry in central Indiana.