Archive for: April 2005April 29, 2005 Media Access Project Threatens Suit Over Adelphia SaleMedia Access Project, a Washington public interest firm, has threatened to take legal action against the FCC if it approves Comcast’s purchase of certain Adelphia cable systems. The issue relates to whether Comcast should be permitted to control more than 30% of US multichannel video subscribers. April 28, 2005 More Than Adelphia Communities Affected by Time Warner-Comcast PurchaseThe Time Warner-Comcast purchase of Adelphia, together with related redemptions and exchanges, will make this transaction the most complicated since the cable industry began to consolidate about 10 years ago. Importantly, the transaction, taken as a whole, will affect not only the 3,000 or so communities currently served by Adelphia, but many communities now served by either Time Warner or Comcast, too. April 27, 2005 Cuban Dumps CharterMark Cuban, an Internet billionaire who now owns the Dallas Mavericks, has dumped his 6% interest in Charter Communications. The news will probably cause another blow to Charter’s stock, which is already down about 45% since the beginning of … Continue Reading… CWA, IBEW Begin Campaign Against ComcastThe Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) have launched another campaign targeted at Comcast’s ownership structure. The unions are urging shareholders to take action at Comcast’s annual meeting, to be held in Philadelphia on June 1. Each of the unions’ three proposals are targeted at reducing CEO Brian Roberts’ control of Comcast, a company that Brian’s father founded. April 26, 2005 FCC Grants Emergency Stay to ComcastThe FCC today released an Order granting an Emergency Stay to Comcast. The Commission’s action stays local rate orders affecting approximately 100 communities. |
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