Fox Business - The Power to Prosper
Search Site

Charter Communications

AT&T Said to Be Interested in Hulu as Bids Approach $1B

AT&T (NYSE:T) is mulling a joint bid to acquire video streaming site Hulu, as second-round bids due Friday are already coming in at around $1 billion, according to two separate reports.According to All Things Digital and the New York Post , the wireless carrier is in discussions with the Chernin Group, led by former News Corp. (NASDAQ:NWSA) COO Peter Chernin, about joining the firm in its attempt to acquire Hulu. AT&T currently sells access to television content through its U-verse service.Shares of AT&T were up 19 cents at $35.45 Thursday morning. A spokesperson for the company did not respond to a request for comment.Citing sources familiar with the situation, All Things Digital said Chernin's initial offer was in the lower $500 million range.Guggenheim Digital Media also made a first-round bid , while KKR (NYSE:KKR) reportedly made an early play for Hulu as well.Sources also told the technology news site that a sale could be scrapped if Hulu doesn't receive offers that approach at l...

Read More

  1. Former Cable King John Malone’s Big Comeback

    FBN’s Liz MacDonald weighs in on Liberty Media’s $2.6 billion deal to buy 27% of Charter Communications .

  2. Senate Panel Advances White Nomination to Head SEC

    FBN's Diane Macedo breaks down late-morning market news

  3. Liberty Media Buys 27.3% Stake in Charter Cable

    Liberty Media Corp. (NASDAQ:LMCA), headed by Chairman John Malone, agreed on Tuesday to buy 27.3% of cable operator Charter Communications (NASDAQ:CHTR) in a $2.62 b...

  4. Charter Communications Shares Jumping

    FBN's Sandra Smith breaks down mid-afternoon market news.

  5. Liberty Media Near Deal to Buy Charter Stake

    John Malone's Liberty Media Corp. is nearing a deal to buy 25% of Charter Communications Inc. (CHTR) for close to $2.5 billion, say people familiar with the situatio...

  6. Report: Liberty Media Nears Deal to Buy 25% of Charter

    Liberty Media Corp., headed by John Malone, is close to a deal to purchase a 25% stake in Charter Communications (NASDAQ:CHTR) for close to $2.5 billion, according t...

  7. NXP, Charter Communications Among Cos. Launching Share Offerings

    Several companies launched stock offerings after the market closed.Arlington Asset Investment Corp. (AI) is offering 3 million Class A shares, expecting to use the p...

  8. Charter Posts Wider-Than-Expected 4Q Loss

    FBN’s Diane Macedo breaks down CHTR ’s four-quarter earnings report.

  9. Boeing to Present Solutions on 787 Battery Failures

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  10. Apollo Global Beats Street on Surging Revenue

    Apollo Global Management's (NYSE:APO) fourth-quarter profit soared past Wall Street estimates, driven by a significant jump in revenue.Profit was $171.5 million, or ...

  11. Charter to Buy Cablevision Assets for $1.6 Billion

    Charter Communications Inc. (CHTR) agreed to buy Cablevision Systems Corp.'s (CVC) western cable systems, known as "Optimum West," for $1.625 billion in cash.Cablevi...

  12. Disney, Charter Communications Renew Distribution Contract

    Walt Disney Co. (DIS) renewed a distribution agreement with cable operator Charter Communications Inc. (CHTR) that expands its programming to multiple platforms.Fina...

  1. Cablevision Posts 1Q Loss as Costs Increase

    Cablevision Systems (NYSE:CVC) swung to a first-quarter loss amid higher costs and declining cable-television revenue.The cable television operator, which said it co...

  2. Liberty Interactive Operating Profit Flat

    Liberty Interactive Corp.'s (LINTA, LINTB) first-quarter operating profit was flat as higher revenue was neutralized by higher expenses, while Liberty Media Corp. (L...

  3. Liberty Interactive's 1st-Quarter Operating Profit Flat; Liberty Media Swings to Black

    Liberty Interactive Corp.'s (LINTA, LINTB) first-quarter operating profit was flat as higher revenue was neutralized by higher expenses, while Liberty Media Corp. (L...

  4. Charter Communications Posts Narrower-than-Expected Loss

    Earnings HQ: FBN’s Diane Macedo breaks down CHTR ’s first-quarter earnings report.

  5. Charter Narrows 1Q Loss on Higher Revenue

    Charter Communications (NASDAQ:CHTR) reported a smaller first-quarter loss amid improved video and Internet revenue, while the cable provider continued to see weak t...

  6. Paul Allen gaining respect with sports, real estate moves

    Paul Allen, the lesser known co-founder of Microsoft Corp, has struggled for decades to make his mark as a business mogul beyond the software company he started with...

  7. New Names Crack Rankings of Top M&A Advisors

    Buoyed by its role in a flurry of mega M&A deals, J.P. Morgan Chase (NYSE:JPM) hauled in fees on an industry-leading $124 billion worth of deals during the first qua...

‹ Prev123Next ›
Freebase CC-BY
Source: Charter Communications on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL