Sumner Redstone sells some $236M in CBS, Viacom shares
Just before his 91st birthday on 5/27, the CBS Corp. and Viacom Executive Chairman has sold $236 million in
Tennis Channel launches “Tennis Channel Plus”
The Tennis Channel unveiled an annual digital subscription service – Tennis Channel Plus
Comcast launches major lobbying push
Comcast has added seven lobbying firms to its roster since first proposing the deal to acquire Time Warner
NBC’s Brian Williams gets exclusive interview with Snowden
"NBC Nightly News" anchor Brian Williams traveled to Moscow for
RFD-TV: Comcast-TWC merger will exclude rural programming
Just a few weeks after the founder of RFD-TV testified at a hearing on the Comcast-Time Warner Cable
UBS: Comcast may bid for T-Mobile
AT&T's proposed buy DirecTV Group could spur Comcast to bid for T-Mobile in the US in order to
DirecTV investor sues to block AT&T buy
A DirecTV investor sued to block AT&T’s $48 billion takeover, calling the offer “inadequate.” Under
The Sumlin Broadcasting Network to launch 7/1
Conyers, GA-based The Sumlin Broadcasting Network, the world’s first premium online
It’s time for the pay-TV industry to end the vicious cycle
When a person moves into a new home and wants to set up cable or satellite TV service, often the first question is "who is my provider in this area?" rather than "what are my choices for service in this area?" Instead of comparing different providers' strengths and weaknesses against one another, consumers' often pursue service with the dominant or largest pay-TV provider in their neighborhood.
Time Warner Cable launches TVE access to Fox apps
Time Warner Cable is now offering their customers as well as Bright House Networks subscribers
TV Everywhere users watch more TV
Viacom unveiled results of "TV Here, There, (Not Quite) Everywhere," a new study exploring consumers’
AT&T-DirecTV expected to score regulatory approval
No shocker here: Antitrust experts say AT&T's bid for DirecTV could reap immediate regulatory
Disney looking at MVPD merger impact
Disney is evaluating how the planned merger of AT&T and DirecTV will affect its business, according to
Wells Fargo meets with Nexstar
Marci Ryvicker, Wells Fargo Securities Senior Analyst, writes that after hosting investor meetings with Nexstar’s management this week, they came away “incrementally positive on the story.” They spent some time on the road this week (5/19 and 5/20--NYC & Boston) with CEO Perry Sook and CFO Tom Carter, and “we liked what we heard on M&A and the regulatory environment, net retrans, core ad growth, and digital. Bottom line, we like the story, esp. at a 15% blended FCF yield and reiterate our Outperform.
CSC Holdings announces pricing of $750M in senior notes
CSC Holdings LLC, a subsidiary of Cablevision Systems Corp., has priced an offering of $750 million in aggregate principal amount of 5.25% senior notes due 2024. The offering is expected to close 5/23. CSC intends to use the net proceeds of this offering and cash on hand to repay a portion of its existing credit facility.