Time Warner Inc., Comcast and News Corp. are among the potential bidders for Permira Advisers LLP's and KKR & Co.'s 53 percent stake in Germany broadcaster ProSiebenSat.1 Media AG (PSM), reports the Financial Times. Bloomberg notes that the stake is valued at about €3 billion (US$4.1 billion).
The nine largest incumbent U.S. cable operators have deployed just over 600,000 CableCARDs for TiVo Inc. DVRs and other retail devices compared to more than 39 million CableCARDs in operator-supplied set-tops, the National Cable & Telecommunications Association (NCTA) told the Federal Communications Commission (FCC) in its latest CableCARD report. The NCTA has reported out these numbers regularly since the FCC ban on integrated security went into effect in July 2007. In the latest CableCARD-related regulatory dust-up, Charter Communications Inc. is seeking a waiver that will allow it to deploy a new type of box that supports integrated security (for its legacy conditional access system) alongside a new downloadable security platform. Charter claims that it would be prohibitively expensive to develop such boxes with a CableCARD interface, and that the required development time would delay its plan to roll out a downloadable security platform. (See Charter Bemoans CableCARD Costs.)