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Business cable DirecTV Time Warner U.S. 

U.S. attorney general urged to consider blocking AT&T deal for Time Warner

July 14, 2017 By Diane Bartz WASHINGTON (Reuters) – Seven consumer advocacy groups wrote to Attorney General Jeff Sessions on Thursday to ask him to consider blocking AT&T’s plan to buy Time Warner on the grounds that it will lead to higher prices and slow innovation in showing video online. Common Cause, Consumer Federation of America, Consumers Union, Public Knowledge and other groups echoed other critics of the deal, including some lawmakers, who say that the $85.4 billion deal would give AT&T , owner of DirecTV, the ability to withhold…

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broadcast cable service Spectrum Stream Tech Top News 

Charter testing new streaming service for non-cable subscribers

June 29, 2017 By Anjali Athavaley NEW YORK (Reuters) – Cable provider Charter Communications Inc said on Thursday that it was testing a new streaming service for consumers who want a cheaper alternative to a traditional cable television package. The company is testing a service called Spectrum Stream with a group of its current internet customers “to see if this smaller package resonates with a certain segment of non-video customers,” Charter said in a statement. It will include local broadcast channels and 25 cable networks as well as options for…

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Arunima Banerjee Bengaluru Editing Business cable service 

Sprint in exclusive talks with Charter, Comcast on wireless deal: WSJ

June 27, 2017 (Reuters) – Sprint Corp is in exclusive talks with Charter Communications Inc and Comcast Corp to explore a deal that could boost the cable companies’ wireless service, The Wall Street Journal reported, citing people familiar with the matter. Sprint Chairman Masayoshi Son had entered into a two-month, exclusive agreement with the companies for discussions through late-July, holding merger talks with T-Mobile US Inc , the WSJ said on Monday. In April, Comcast unveiled a wireless service with an unlimited data plan, making it the first major U.S….

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Aishwarya Venugopal Business cable internet Liberty Media 

Sirius to invest $480 million in Pandora, may be path to music streaming

June 9, 2017 By Liana B. Baker and Aishwarya Venugopal (Reuters) – Sirius XM Holdings Inc said on Friday it will invest $480 million in Pandora Media Inc , giving the satellite radio company better exposure to internet music streaming while providing financial footing to Pandora. While Sirius XM has a strong presence in the auto market, where its channels are offered in most new cars in the United States, it has trailed Pandora and other music providers in mobile and streaming content. The relationship could give Sirius expertise in…

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Business cable Citadel Griffin CNBC Money Top News 

Citadel’s Griffin says U.S. rally not over, inflation a worry: CNBC

June 7, 2017 NEW YORK (Reuters) – Ken Griffin, founder and chief executive of hedge fund firm Citadel LLC, said on Wednesday that the run-up in the U.S. stock market was not over but that investors should be worried about rising inflation. “I think this business cycle has further to go. I think the stock market is going to go with that, but what’s worrisome is, the firepower that we have to address the next downturn is somewhat constrained,” Griffin told cable television network CNBC. Griffin, who is also the…

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No spoilers! ‘Twin Peaks’ premiere urges guests to keep secret

May 20, 2017 By Piya Sinha-Roy and Omar Younis LOS ANGELES (Reuters) – As co-creator David Lynch introduced the first screening of his much-anticipated revival of the 1990s TV series “Twin Peaks”, he evoked the image of the tall green Douglas fir trees that came to define the mysterious small town setting of his show. “Douglas firs are beautiful trees and if we’re very quiet, we can hear the rustling needles as we move through the forest, getting closer and closer and now we’re here,” Lynch told an audience late…

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Charter, AMC team up to produce original programming

April 26, 2017 By Anjali Athavaley NEW YORK (Reuters) – Charter Communications Inc will develop and produce original programming with AMC Networks Inc, which is known for the show “The Walking Dead,” to differentiate its content offerings, the cable company said on Wednesday. The programming will be available exclusively to Charter’s Spectrum subscribers initially, and AMC will get subsequent rights, the companies said. They are discussing the kind of content they will produce, and they expect it to air on the Spectrum platform beginning in 2018. The announcement shows how…

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Telecoms and cable group Altice kicks off IPO process for U.S. arm

April 11, 2017 PARIS (Reuters) – Altice , the telecoms and cable holding company owned by billionaire Patrick Drahi, kicked off on Tuesday the formal process for the initial public offering (IPO) of its U.S. activities in New York. The debt-fueled group, whose division Altice USA was put together after acquiring Cablevision and Suddenlink Communications, aims to increase its financial firepower to buy assets in the broadband and media businesses in the country, it said in the document filed with the U.S. markets watchdog. The size of the shares sale…

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U.S. net neutrality advocates blast Pai effort to reverse rules

April 7, 2017 By David Shepardson WASHINGTON (Reuters) – Advocates of landmark net neutrality rules on Friday blasted Federal Communications Commission chairman Ajit Pai’s plans to roll back the Obama era legal framework. Reuters and other outlets reported late Thursday that Pai told major telecommunications trade groups of his plans Tuesday to replace 2015 net neutrality rules with voluntary agreements to adopt open internet principles. The 2015 rules prevented broadband providers from giving or selling speedy or so-called fastlane access to some internet services over others. Pai, a Republican appointed…

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Comcast to expand streaming service amid cord-cutting trend

March 27, 2017 By Anjali Athavaley and Jessica Toonkel NEW YORK (Reuters) – Comcast Corp is planning to rebrand and expand a streaming video option for broadband subscribers who do not want to pay for a traditional cable package, sources told Reuters on Monday. The service, dubbed Xfinity Instant TV, will be priced as low as $15 a month to roughly $40 a month, sources said. It will include major broadcast networks as well as add-on options for sports channels like ESPN and Spanish language channels such as Telemundo and…

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