Falcon buys 5 cable systems

Falcon Video Communications, a partnership of Falcon Cable TV and the A.H. Belo Corp., has acquired five cable systems in two transactions.

Falcon chief exec Marc Nathanson said the partners have spent more than $ 100 million so far, and are shopping for other systems in medium-sized and suburban communities to buy.

In the first transaction, Falcon Video bought cable systems serving 45,000 subscribers in and around Bremerton, Wash.; Wharton, Texas; Emmett, Idaho, and Beaufort, S.C., from Vista Cablevision. In the second deal, Falcon picked up 21, 000 additional subscribers through the purchase of a cable system serving Outer Banks, N.C., from Sutton Capital.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading