Cable TV

Google, Comcast looking to buy a stake in AOL

MUMBAI: The world's most valuable media company Google, which is worth around $91 billion and Comcast are looking to jointly buy a stake in Time Warner's America Online Internet unit.

Media reports indicate that if the deal goes through the three companies would form a new entity through which they would jointly own the Web portal. While AOL has been successful of late at generating online content, it has been affected by people switching from dial-up to high-speed connections. This news comes at a time when Time Warner is also talking to Microsoft regarding a tie up between AOL and MSN.

The deal would bring together Time Warner's programming content and Google's search and e-mail services with Comcast's high-speed Internet portal and experience in cable video distribution and telecommunications. Google got around 11 per cent of its first-half revenues from a deal with AOL.

Google will gain the video features that its own Web sites lack, such as original shows and transmissions of concerts. Comcast will bring movies and television shows to the venture while gaining access to AOL's 21 million Internet customers.

Reports further state that Google and Comcast are valuing AOL's content business at about $10 billion, which implies a valuation of as much as $5 billion for the minority stake the two parties are seeking.

AOL has benefitted from a better online ad scenario. Although AOL's overall sales dropped by four per cent in the second quarter, ad revenues were up 45 per cent from a year ago and operating income increased by 33 per cent.

News of the negotiations comes on the heels of continued pressure by corporate raider Carl Icahn on Time Warner to take steps to boost its stock price.

 

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/11/siti.jpg?itok=jXHpwkyJ
SITI Networks Limited announces “SITI PlayTop”, its first Hybrid Set Top Box

SITI Networks Limited, has announced that it will be introducing a range of Set Top Boxes for delighting its customers. To begin with, the company has announced, “SITI PlayTop”, its first Hybrid Set Top Box.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/04/siti.jpg?itok=JOG8pkn3
Siti relooks at broadband as cable subscription drove revenues in FY18

In FY 2017 (fiscal or year ended 31 March 2017, previous year), the Essel Group’s Siti Networks Ltd (Siti) was all gung-ho about broadband. In its annual report for fiscal 2017, the company said that it had become the largest multi-system operator (MSO) and a leading wired broadband services...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/01/Digital.jpg?itok=v-WMvuRl
Pay TV execs feel need to innovate to remain relevant, finds study

With the advent of digital content platforms, pay TV industry across the world is facing stiff competition. The pay TV Innovation Forum report produced by Nagra in association with research firm MTM, found that 90 per cent of executives believe that pay TV providers will have to innovate strongly...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/29/hathway.jpg?itok=iFsVkbju
Hathway Cable gets approval to raise funds worth Rs 99.63 crore

MUMBAI: Leading cable and broadband player Hathway received an approval to raise funds worth Rs 99.63 crore at a board meeting held on 29 August. Following the approval the company’s shares rallied as much as 15 per cent.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/28/zee_1.jpg?itok=pRptDAIa
ZEEL announces new TV channel prices ahead of deadline

Ahead of 31 August 2018 deadline for publishing TV channel prices in a new format and a day before the Supreme Court hears a case relating to TRAI’s new tariff regime, Zee Entertainment Enterprises Ltd  (ZEEL) has made public its channel prices as suggested by the regulator in 2016, setting an...

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/28/gtpl.jpg?itok=WHQxgPNL
GTPL Hathway to promote 40 Mbps broadband speed to masses

As wireline broadband business is emerging as a sector full of growth opportunities, several cable operators, as well as MSOs, are increasing their investment in the segment. GTPL Hathway, the Gujarat based cable and broadband player, is ready to lower its ARPU in the broadband segment to get more...

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/22/den.jpg?itok=wB4HD_aY
DEN Networks aims for 70,000 broadband subscribers by Q1 2020

Way before Jio’s announcement of its broadband GigaFiber venture, MSO DEN Networks revealed its plan (http://www.indiantelevision.com/cable-tv/multi-system-operators/den-netw...) to explore the opportunities in the market.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/22/cabletv.jpg?itok=dAEHam-F
Kerala's cable TV operators struggle post floods

Cable TV is reeling courtesy the great Kerala deluge and flooding thereafter earlier this month. According to a letter being circulated by the Kochi-based Cable TV Operators Association (COA) of Kerala to the cable TV trade nationally, the situation is pretty dire in the areas affected by the...

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/11/gtpl.jpg?itok=Ab3NPOIV
GTPL Hathway revenue up for Q1

Indian multi-system operator and internet service provider GTPL Hathway Limited (GTPL) reported 15.7 per cent increase in total income for the quarter ended 30 June 2018 (Q1 2019, quarter or period under review) as compared to the corresponding year-ago quarter  (y-o-y) Q1 2018.

Cable TV Local Cable Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories