CTC Media Inc., Russia’s largest publicly traded television broadcaster, is transforming itself into a content provider as users switch to watching series online via smartphones, tablets and smart TVs.
Comcast Corp. vowed to help more low-income families connect to the Internet as a top executive began meeting today with U.S. regulators who will review the company’s $45.2 billion bid for competitor Time Warner Cable Inc.
On Feb. 4, executives of cable operators Comcast Corp. and Charter Communications Inc. gathered at the Manhattan offices of law firm Wachtell Lipton Rosen & Katz to discuss Charter’s bid to buy Time Warner Cable Inc. It proved to be the final straw for Comcast and its chief executive officer, Brian Roberts.
The Wall Street bankers behind Comcast Corp.’s $45.2 billion bid for Time Warner Cable Inc., a surprise end-run around veteran media dealmaker John Malone, drew from experience on some of the past decades’ biggest deals, including the RJR-Nabisco buyout made famous in “Barbarians at the Gate.”
Comcast Corp.’s proposed purchase of Time Warner Cable Inc. goes before U.S. regulators who may be more interested in ensuring Internet users can see Netflix Inc.’s videos than parsing the combined company’s market share.
Comcast Corp.’s NBCUniversal expects turn a profit on the Winter Olympics, employing a strategy that uses video clips on Twitter and Facebook to draw viewers to their TV sets, people with knowledge of the situation said.
Downhill skiing champion Lindsey Vonn’s withdrawal from the Sochi Olympics because of an injury deprives broadcaster NBC and sponsors of the most recognizable U.S. athlete a month before the games begin in Russia.