The deal of the century is no more. Bell Atlantic Corp. and Tele-Communications Inc. called off their planned $ 33 billion merger Wednesday, blaming the move on the Federal Communications…
After years of scouting Hollywood for an entertainment partner, Oz media mogul Kerry Packer has bought into Arnon Milchan's Regency Enterprises in a plan involving several yet unnamed joint media…
The French, ever protective of their cultural identity, are erecting a language barrier to defend against the English invasion.
Fitch Investors Service Inc. has assigned a rating of BBB- to Time Warner Entertainment Co. LP’s $ 2 billion senior shelf. “The rating considers the company’s strong cash flow generating ability and…
Cablevision Systems Corp. said Wednesday net losses widened 31% in the fourth quarter to $ 86.90 million or $ 3.78 per share, although revenues gained 9% to $ 171.97 million due to internal…
The Federal Communications Commission on Tuesday lowered the boom a second time on the cable TV industry, slashing what the agency believes will be an extra 7% off the rates operators charge for…
Cable operators blasted the FCC's 3-0 decision Tuesday to cut cable TV rates another 7% -- on top of last year's 10% cut -- saying such action would further slow growth in the industry.
Turner Broadcasting System's fourth-quarter net profits dropped 67% to $ 10 million or 4 cents per share after a $ 5 million charge for debt retirement. Revenues slipped 0.6% to $ 535 million.
Cable TV operators crying foul over further FCC price rollbacks can take this for solace: Had chairman Reed Hundt had his way, it would have been worse.
Michael Lambert is head of Station Partners Group. His affiliation was incorrect in Tuesday’s story about Ellis Communications’ acquisition of Raycom Inc.