CNBC's Dominic Chu reports Time Warner Cable shares have jumped on reports of an offer in the $150-$160 a share range.» Read More
There's been a huge upheaval in the media landscape. BuzzFeed's Jon Steinberg weighs in on what the future will look like.
It could be your last chance to indulge, as the sports monopolies want to see the Internet TV service defeated.
Is Comcast a potential bidder for Time Warner Cable? CNBC's David Faber reports Comcast is seeking advice on potential anti-trust issues and FCC concerns regarding a potential acquisition of TWC.
Nov 22- Comcast Corp and Charter Communications have held preliminary talks to discuss a joint bid for No. 2 cable operator Time Warner Cable, Bloomberg reported on Friday, citing anonymous sources. Representatives from Comcast did not respond to requests for comments while a Charter spokesman and a Time Warner Cable spokeswoman declined to comment.
Time Warner Cable's flirtation with potential merger suitors may include Comcast, sources told CNBC.
Friday's midday movers.
CNBC's David Faber reports Comcast has sought advice from outside advisers as to whether or not it would face any anti-trust or FCC impediments were it to try to buy Time Warner Cable.
Comcast has sought advice from outside advisers as to whether or not it would face any anti-trust or FCC impediments were it to try to buy Time Warner Cable, reports CNBC's David Faber.
Comcast shareholders are encouraging management to consider a Time Warner Cable deal, these sources told CNBC. Shares of Time Warner Cable jumped 7.3 percent to $129.71 in morning trading, while Comcast was up 3 percent at $48.85. Time Warner Cable prefers Comcast to buy it, the report said.
According to sources, Time Warner Cable has made it clear to Comcast that it is the preferred buyer for its cable television service. Craig Moffett, MoffettNathanson founder and senior analyst, provides perspective.
CNBC's David Faber reports that Charter Communications is lining up financing for a potential bid for Time Warner Cable. Comcast is also said to be considering the purchase of TWC, but no price has been discussed.
Charter Communications is nearing an agreement with banks to raise funds for a bid for Time Warner Cable, according to a report.
Some of the names on the move ahead of the open.
Dish's Ergen believes consolidation in the cable and satellite TV industry makes sense, and acquiring T-Mobile is still on the table.
Nov 12- Dish Network Corp is closer to reaching a large-scale programming deal with Disney that would help the satellite TV provider avoid a possible blackout of popular networks such as ABC and ESPN, Chairman Charlie Ergen said on Tuesday.
Larger rival DirecTV also added more customers than expected in the third quarter, while cable providers Time Warner Cable Inc, Comcast Corp and Charter Communications Inc all reported video subscriber losses. Dish also got a bit of a boost from Time Warner Cable's protracted fight with CBS Corp..
Nov 12- Dish Network Corp added 35,000 pay-TV subscribers in the third quarter, far exceeding Wall Street expectations, sparking a 4.4 percent jump in its shares in early trading on Tuesday. Cable providers Time Warner Cable Inc, Comcast Corp and Charter Communications Inc all reported losses in video subscribers.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday.
Nov 5- Charter Communications Inc finance chief Chris Winfrey said on Tuesday he and Chief Executive Tom Rutledge have talked about potential mergers and acquisitions that would take advantage of the "unique position" the cable operator has because of its tax assets.
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.