Television

Comcast may reduce stake in Time Warner Cable

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/18/Time-Warner.jpg?itok=9bWJHoub

MUMBAI: Time Warner and Comcast have announced an agreement. This provides Comcast with an option to reduce its effective overall interest in Time Warner Cable from approximately 21 per cent to 17 per cent in exchange for stock of a subsidiary that will hold cable systems and cash.

Comcast claims to be the largest provider of cable and broadband services in the US. It serves more than 21 million cable television customers and more than six million high-speed Internet customers.

The agreement grants Comcast the option, which can be exercised between 1 December 2004 and 1 April 2005. It will require Time Warner Cable to redeem a portion of the Time Warner Cable common stock held by the Comcast trust in exchange for 100 per cent of the common stock of a Time Warner Cable subsidiary. At the time of exchange, the subsidiary will own cable systems serving about 90,000 basic subscribers and approximately $750 million in cash.

Time Warner chairman and CEO Dick Parsons said; "This announcement is another example of our working closely with Comcast to reach a mutually beneficial outcome to the business matters facing our companies. For our part, if Comcast chooses to exercise its option, we'll have the opportunity to increase ownership of our cable company based on a mutually attractive valuation.

"In addition, the trust that holds Comcast's interest in Time Warner Cable has agreed not to ask us to begin the process to register its Time Warner Cable ownership for at least the next six months. This provides the two of us with time to explore alternative approaches to facilitating Comcast's exit from its ownership position in Time Warner Cable. I look forward to continuing this productive relationship with Comcast."

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/17/Rajesh-Kaul.jpg?itok=iYKp_ISg
NBA: Sony TEN3, HD and Sony SIX, HD to air games with respective Hindi, English commentaries

MUMBAI: Sony Pictures Networks India (SPN) and the NBA today announced that beginning the 2017-18 NBA season, NBA games will be telecast live with Hindi commentary every weekend on Sony TEN 3 and Sony TEN 3 HD. A package of close to 100 NBA games including the regular season and playoffs.The games...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/17/PUNIT%20MISHRA.jpg?itok=Slo-mlE9
ZEEL CEO Punit Misra says: "We intend to compete fairly"

MUMBAI: Last year in October,  Zee Entertainment Enterprises Ltd (ZEEL) appointed Hindustan Unilever (HUL) sales and customer development executive director Punit Misra as ZEEL domestic broadcast business CEO.  Coming from the FMCG sector Misra has entered the television industry with an advantage...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/17/CHROMEDM.jpg?itok=A-9nojiv
OTT trumps TV by 44 min among youth: Chrome DM

BENGALURU: Online was larger of the two platforms for consumption of content by youngsters who consumed content only on television or only online in India, a Chrome Data Analytics and Media (Chrome) "OTT Consumption" study has revealed.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/17/Anuj%20Gandhi.jpg?itok=PEje_9co
Viacom18 ditches FTA in UK, now entirely pay

MUMBAI: With the launch of its two channels, MTV Beats and Colors Rishtey, on Virgin Media Viacom18 has transitioned from free-to-air (FTA) to entirely paid platform. Viacom18’s channels will now only be available with a subscription on Sky and Virgin Media.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/16/sony-bbc-earth.jpg?itok=rLtcwPMX
'Spy in the Wild' premieres today on Sony BBC Earth at 9pm

"Spy in the Wild" will premiere on Sony BBC Earth on 16 October at 9pm. One gets to experience the animal kingdom with this unique show.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/16/Punit%20mishra%20zeel.jpg?itok=ZOSl3fGX
ZEEL's Punit Misra: Our new logo signifies aspiration of Indian middle class

MUMBAI: Diwali calls for celebration but  Zee Entertainment Enterprises Ltd (ZEEL) is celebrating for a number of reasons; the most important one being the completion of 25 years of journey in the television industry. Zee TV was the first satellite television of India and as the channel embarks on...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/16/ZEE5.jpg?itok=3h9r9P2c
Zee TV new logo unveiled; refreshed digital platform Zee5 launch soon

Celebrating its silver jubilee at a grand event here on Saturday, India’s first private satellite TV channel, Zee TV, unveiled a new logo aimed at representing its journey for the next 25 years, while its parent Zee Entertainment Enterprises Ltd (ZEEL) used the occasion to also showcase the logo...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/15/Untitled-13.jpg?itok=rS7_5L2Q
Zee South biz head Prabhakaran says: "Growth trajectory is our focus"

Zee Tamil, a Zee Entertainment Enterprises Limited (Zeel) Tamil channel, today unveiled a new brand logo during the launch of the Tamil edition of ZEEL's homegrown reality musical show – Sa Re Ga Ma Pa. The previous season of the Tamil edition was Sa Re Ga Ma Pa Little Champs, the current edition...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/14/hbo.jpg?itok=K9rAoDeo
HBO snags rights for XXX: Return of Xander Cage in South Asia

Two targets with one arrow - that’s how HBO views its new acquisition. The channel and its HD counterpart will be premiering XXX: The Return of Xander Cage on 15 October 2017 at 1 pm and 9 pm to engage existing audiences and acquire new ones.

Television TV Channels Movie Channels

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories