Charter Communications (CHTR) is close to a deal to buy larger Time Warner Cable (TWC) for $195 a share, according to multiple reports, after the Comcast (CMCSA)-TWC takeover failed due to regulatory opposition. Charter, the No. 3 U.S. cable operator, will pay $100 a share in cash and the rest in stock, for each share of No. 2 TWC, Bloomberg reported on Monday, citing sources. The Financial Times and Reuters later filed similar reports. Both
The beat goes on for Hulu and proud parents Walt Disney (DIS), 21st Century Fox (FOXA) and Comcast (CMCSA) — which opted not to sell the video streamer in 2013. Hulu added AT&T (T) on Wednesday to a spate of new agreements involving mobile apps, Web streaming deals with broadband companies, and content agreements. Hulu aims to be a more formidable rival to Netflix (NFLX) and Time Warner’s (TWX) HBO. Original programming and content generally
TV remote control maker Universal Electronics (UEIC) could get a badly needed boost to sales from Comcast’s decision to deploy UEI’s voice command remote. At the MoffettNathanson Media & Communications Summit on Wednesday, Comcast (CMCSA) CEO Brian Roberts said that the cable company has aggressive plans to distribute the XR-11 Voice Remote made by Universal Electronics. Comcast intends to give 6 million voice remotes to its best customers, the