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Comcast Corp

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  • May 25- Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. The cash and stock deal values Time Warner Cable at $195 per share, according to the sources, and comes just one month after...

  • May 25- Charter Communications Inc is nearing a $55 billion agreement to acquire Time Warner Cable Inc, combining the third- and second-largest U.S. cable operators, a person familiar with the matter said on Monday. The cash and stock deal, which values Time Warner Cable at $195 per share, comes just one month after Comcast Corp dropped its $45.2 billion merger...

  • Disney's expensive fantasy adventure essentially had Memorial Day weekend to itself, and still only pulled in a modest $41.7 million in its first four days in theaters according to Rentrak estimates on Monday. Disney put their full weight behind the Brad Bird- directed film with an ambitious George Clooney- led promotional campaign. Rentrak's Senior Media...

  • The talks underscored Altice's intentions to pursue a deal with Time Warner Cable, which is also being courted by Charter Communications Inc after Comcast Corp abandoned its $45.2 billion offer for Time Warner Cable last month over U.S. antitrust concerns.

  • May 21- Charter Communications is in talks with Time Warner Cable about a bid that is likely to be well above the $170 per share expected by some analysts, the Wall Street Journal reported, citing people familiar with the matter. Charter had bid about $132.50 per share, or $37.3 billion, for Time Warner Cable last year before being beaten by Comcast Corp, whose...

  • May 21- Charter Communications is in talks with Time Warner Cable about a bid that is likely to be well above $170 per share expected by some analysts, the Wall Street Journal reported, citing people familiar with the matter. Charter had bid about $132.50 per share, or $37.3 billion, for Time Warner Cable last year before being beaten by Comcast Corp, whose all-stock...

  • May 21- Federal Communications Commission Chairman Tom Wheeler reached out to the chief executives of Time Warner Cable Inc and Charter Communications Inc to convey that the agency is not against cable deals, the Wall Street Journal reported. Wheeler saw some of the statements as a "significant over-reading" of the FCC staff's stance on the Comcast-Time...

  • *Altice also interested in Time Warner Cable- sources. In addition to Suddenlink, the seventh-largest U.S. cable player, Altice has also approached No.2 provider Time Warner Cable over a deal, sources said, creating a potential bidding war with John Malone's Charter Communications. Altice Chief Executive Dexter Goei declined to comment on Time Warner, saying...

  • US corporate debt sales top $100B for May Wednesday, 20 May 2015 | 8:31 AM ET
    Skyscrapers new york city, office buildings, corporate, corporate america

    The bond market enjoyed another strong day, with corporate debt sales surpassing the $100 billion mark, the FT reports.

  • European cable and mobile phone operator Altice, controlled by founder Patrick Drahi, is fixing its sights on the U.S. market starting with a $9.1 billion deal for St. Louis- based Suddenlink. Such companies say their costs, per subscriber, are higher than those of cable giants such as Comcast. Comcast's own $45 billion quest for No. 2 rival Time Warner Cable was...

  • Altice enters US cable market with Suddenlink buy Wednesday, 20 May 2015 | 2:58 AM ET

    French telecommunications group Altice said it agreed to buy Suddenlink Communications in a deal valuing the company at $9.1 billion.

  • May 19- French telecommunications group Altice SA has held talks to buy Time Warner Cable Inc, and is close to buying smaller peer Suddenlink, moving into the U.S cable market, according to people familiar with the matter. Time Warner Cable has a market capitalization of $44.5 billion. Since Time Warner Cable's merger with Comcast fell apart last month, Time...

  • Mobile shapes how video, wireless providers evolve Tuesday, 19 May 2015 | 2:06 PM ET

    AT&T, for instance, is buying satellite TV provider DirecTV so it can offer packages that marry wireless and wired Internet access with traditional and online video. Verizon is buying AOL for technology to improve advertising on mobile devices. And Comcast tried— unsuccessfully— to get bigger, in part to compete better with online video services such as Netflix...

  • Not Your Ma's Bell: AT&T evolves beyond phones Tuesday, 19 May 2015 | 11:33 AM ET

    NEW YORK— The company whose name has long been synonymous with telephones is looking for new ways to reach out and touch someone. AT&T Inc. is spending $48.5 billion to buy satellite TV provider DirecTV as it looks for new ways to package access— wireless and wired— with traditional and online video. "We don't view ourselves as a phone company anymore," said Ralph de la...

  • Charter, Bright House Networks say merger on track Monday, 18 May 2015 | 2:17 PM ET

    May 18- Cable operator Charter Communications Inc's planned buyout of Bright House Networks is on track, the companies said, defying expectations that the deal would fall through after the collapse of the Comcast-Time Warner Cable merger. Charter, the No. 4 U.S. cable operator, clinched the deal with Bright House in March contingent on completion of Comcast...

  • A cappella girls beat homicidal robot at box office Monday, 18 May 2015 | 8:27 AM ET
    The Avengers unite against Ultron in the film “Avengers: Age of Ultron.”

    "Pitch Perfect 2" hit all the right notes at the box office, snagging first place on the charts with $70.3 million debut.

  • LOS ANGELES— The ladies of "Pitch Perfect 2" hit all the right notes opening weekend, amassing a $70.3 million debut, according to Rentrak estimates Sunday. The Elizabeth Banks- directed sequel to the 2012 sleeper hit and video-on-demand phenomenon cost Universal Pictures only $29 million to produce and was expected to open in the $50 million range.

  • Round the clock television, just for...babies? Sunday, 17 May 2015 | 9:00 AM ET
    E*Trade baby

    BabyFirst TV is the first 24-hour network that creates original programming for babies as young as 6 months.

  • How Snoop hot-boxed ad buyers and other hoopla Friday, 15 May 2015 | 2:30 PM ET
    Snoop Dogg attends his listening party in New York.

    Admit it: Business meetings are pretty dour, save a few notable events. The upfronts and digital newfronts are one of those spectacles.

  • Guess what Big Media pitched the ad guys Friday, 15 May 2015 | 12:08 PM ET
    Dolly Parton performs at the NBC Upfront Presentation, May 11, 2015.

    If you missed this year's upfront presentations, here are some key takeaways.