Comcast and Time Warner Cable have entered negotiations to sell cable assets worth up $20 billion to Charter Communications in a deal aimed to allay Washington's concerns about their proposed merger.» Read More
Nov 5- Satellite TV provider DirecTV added more U.S. customers than expected in the third quarter, showing strong subscriber growth in contrast to its cable rivals. DirecTV added 139,000 net subscribers in the United States in the quarter, nearly double the gain of 70,000 that analysts expected, according to research firm StreetAccount.
Some of the names on the move ahead of the open.
NEW YORK, Nov 1- Charter Communications Inc is weighing a bid for Time Warner Cable Inc before the end of the year, and working on details of a deal structure that would appeal to Time Warner Cable's shareholders, people familiar with the matter said.
John Malone's Liberty Media Corp, which owns about a quarter of Charter, approached Time Warner Cable earlier this year about merging Charter and Time Warner Cable. Time Warner Cable has a market value of more than $34 billion, compared with Charter's market value of about $13 billion.
Oct 31- Time Warner Cable Inc reported a steep decline in video and Internet customers, blaming a month-long blackout of No. 1 U.S. broadcaster CBS Corp and said it was open to consolidation if it would make money for shareholders.
*Comcast beats Street on EPS by four cents. Oct 30- A top Comcast Corp executive said on Wednesday that the company is in talks to license its latest technology, called X1, to other cable operators, which would help the industry better compete with telecom and satellite rivals.
Oct 28- AMC Networks Inc said it would buy Chellomedia, the international content unit of John Malone's Liberty Global Plc, for about $1.04 billion, giving it greater control over the global distribution of its programs.
AMC Networks said it would buy Chellomedia, the international content unit of John Malone's Liberty Global, for about $1.04 billion.
*Liberty Global says deal helps to simplify its businesses. Oct 28- AMC Networks Inc said it would buy Chellomedia, the international content unit of John Malone's Liberty Global Plc, for about $1.04 billion, giving it greater control over the global distribution of its programs.
The "Bespoke 50," a concentrated growth portfolio of small-cap stocks, has jumped 65 percent over the past 18 months, more than double the S&P 500's gain.
Stocks closed modestly higher in thin volume on Friday despite a tepid jobs report. While the report was disappointing, it still showed job growth and may make the Federal Reserve a bit more hesitant about curtailing its bond purchases in September.
According to a report, Charter and Cox Communications may be in store for a major cable merger. And Chris Marangi, Gabelli Funds, provides insight on why he likes Comcast and thinks Time Warner will do well.
Consolidation chatter in the cable industry has stocks on the move. Charter shares were up more than 4 percent on a report there are "discussions" between Charter and Cox.
Time Warner Cable reported revenue below analysts' estimates as it added less than half the number of subscribers for high-speed data services that analysts had expected.
CNBC's Julia Boorstin caught up with Liberty Media's John Malone at the Allen & Co. conference, where he called for consolidation in the cable business. Will he strike a deal?
Liberty Media's John Malone might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight.
John C. Malone is weighing a deal for Time Warner Cable, using Charter Communications as the merger partner, people briefed on the matter said. The New York Times reports.
Charter Communications and its shareholder Liberty Media have been aggressively reviewing potential acquisition targets recently as they focus on how to consolidate the cable industry.
Americans are not fans of their cable TV service or their cell phone service. But they really hate their Internet service provider.
Markets are forcing change for cable operators, which may cause the unraveling of cable channel bundling, media titan John Malone told CNBC.