By Emily Chasan NEW YORK (Reuters) - A U.S. judge reduced the prison sentences of Adelphia founder John Rigas and his son Timothy after an appeals court threw out one count of their convictions. The prison sentence of John Rigas, 83, was reduced...
Since the widespread consolidation of cable television's multiple system operators MSOs in 1999 and 2000, the industry has generally been devoid of acquisition event risk. The one important exception was Comcast Corp.'s Comcast acquisition of AT&T Broadband Corp. (AT&T Broadband) in 2002. The earlier consolidation and more recent Comcast acquisition...
The tax evasion trial of the founder of Adelphia Communications Corp. and one his sons has been postponed again, this time until next July. U.S. Middle District Judge John E. Jones III in Williamsport granted the unopposed motion of the defense that claimed the case was too complex to be...
CHARLIE ROSE, HOST: Welcome to broadcast. Tonight in an exclusive interview, John Rigas, the former head and founder of the Adelphia Communications Corporation, a man worth more than $2 billion at one time, on the eve of going to federal prison for 15 years, talks...
Several companies, including some that are based in Utah or have ties to the state, reported quarterly financial results on Wednesday. Time Warner Time Warner Inc., the world's largest media company, raised its 2007 forecast after surging cable-television earnings helped first- quarter profit beat...
By Linda Haugsted Time Warner Cable is changing top management at the company's key Los Angeles division, giving oversight of the region to current New York City division head Barry Rosenblum as current L.A. division president Roger Keating leaves the company....
EXECUTIVE SUMMARY SINCE the Business Journal's Telecommunications List was printed last year, there have been some large changes for some companies. Most prominent among them, Time Warner Cable has acquired both Comcast Corp. and Adelphia Communications, a move that...
By Staff From Franchise Reform to Retrans, Handicapping Some of Cable's Top Issues in the Coming Year Adelphia Communications is gone. CBS Corp. did better than Viacom after the split-up. Cable companies suddenly are in favor...
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EXECUTIVE SUMMARY SINCE the Business Journal's last Telecommunications List in 2005, there have been major changes for some companies and no changes for others. SBC Communications Inc. acquired AT&T Corp. to form the new AT&T, Inc. as of November...
Goodbye, Adelphia. Hello, Comcast. Colorado Springs and Trinidad area residents who have received cable television or Internet access from Adelphia Communications Corp. will get those services starting today from the nation's largest cable provider, Philadelphia-based Comcast Corp. Both...
DALLAS -- TwinTrader.com announces a new report on Hathaway Corp. (OTC:HWYI). This special report focuses on the firm's planned spin-off of OptiCon and its recent alliance with Research in Motion (Nasdaq:RIMM). To view the TwinTrader.com profile and new report for Hathaway Corp., please visit: http://www.TwinTrader.com. Reggie...
MIAMI -- Brian Roberts has been called the king of cable and broadband. As chairman and chief executive of Comcast Corp., Roberts, 47, oversees a communications empire that includes 24.1 million cable subscribers, 11 million high-speed Internet customers and 2.1 million phone customers. Boosted...
Editor's note: Forensic investigations have been elevated in importance by recent corporate scandals. Writer Paul Sweeney recently visited the U.S. Postal Inspection Service to find out more about how it successfully rooted out financial fraud like that at Adelphia Corp. [ILLUSTRATION OMITTED] ...
By Mike Farrell An Insight Deal Would Cut String With Comcast A string of moves by Comcast to unwind partnerships with other cable operators could soon be drawing to a close. In early 2007,...
The outcome of a showdown between Comcast Corp. and the NFL Network will determine whether the cable giant's 39,000 new customers in parts of Philadelphia - and more than a million elsewhere - will be able to watch the Kansas City Chiefs play the Denver Broncos on Thanksgiving. Last month,...
NEW YORK -- Time Warner Inc. reported sharply higher earnings Wednesday thanks to a cable deal with Adelphia and an emerging turnaround at its AOL unit, but investors fretted over slower new phone customer growth at the nation's second-largest cable company. The leading media conglomerate, which owns...
Fueled by rapid growth in sales of its cable, telephone and Internet bundle, Comcast Corp. yesterday reported third-quarter earnings that easily beat Wall Street expectations - sending its shares to a 52-week high. The company earned 26 cents a share, adjusted for systems Comcast added or disposed of in connection...
Fueled by rapid growth in sales of its cable, telephone and Internet bundle, Comcast Corp. today reported third-quarter earnings that easily beat Wall Street expectations - sending its shares to a 52-week high. The company earned 26 cents a share, adjusted for systems Comcast added or disposed of in connection...
