Finally consummating a deal that’s been discussed for years, Liberty Global has confirmed that it will sell its cable businesses in Germany, the Czech Republic, Hungary and Romania to wireless giant Vodafone in a deal valued at $22.7 billion.
Dish says that features such as cloud DVR and program add-on bundles, as well as revenue from advanced advertising, will eventually bolster the narrow margins of its increasingly important virtual pay TV platform, Sling TV.
Declaring itself once again as a “contrarian success story” for its decision to pivot away from residential video six years ago, Cable One reported a 28.1% surge in first-quarter revenue to $265.8 million.
While some Wall Street analysts threw shade yesterday at a possible hostile takeover of 21st Century Fox by Comcast, at least one market watcher thinks the cable company would have a lot of leverage with shareholders not named Murdoch.
The Justice Department has weighed in now that the trial about AT&T’s proposed $85 billion acquisition of Time Warner has concluded, and it is asking the judge to force AT&T to sell off some of Time Warner’s most valuable assets.
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