& cplSiteName &

It's Market Swapping Time

Alan Breznick

Watch out, America. The nation's two largest cable operators are getting ready to play one of their favorite gamesÑmarket-swapping. Now that the feds have given Comcast Corp. and Time Warner Cable the all-clear to swallow up and split up poor Adelphia Communications, the two MSOs are preparing to take over different cable systems that Adelphia owns. As the big spender in the $17.6 billion joint deal, Time Warner plans to take charge of Adelphia's systems in Los Angeles, Cleveland, Buffalo, the Carolinas and Maine. For its part, Comcast has claimed Adelphia's systems in south Florida, Boston, Pittsburgh, Hartford, Conn., Colorado Springs, Colo. and Vermont. As part of the complicated transaction, the two monoliths plan to trade cable properties to unwind Comcast's equity stake in Time Warner and beef up their regional monopolies. So, like two kids playing Risk or Monopoly, they will divvy up the country's major markets between them, giving millions of cable subscribers a new system owner to swear at, including our beloved Philter himself. So who will get what? Glad you asked. Comcast will assume control of Time Warner's cable systems in Minneapolis, Memphis, Tenn., Jackson, Miss., Louisiana and northeastern Florida, enabling it to dominate in those markets. And Time Warner will get Comcast's huge systems in Los Angeles and Dallas (sorry to break the news to you this way, Phil), allowing it to do the same. Got a problem with all these system switcheroos? Too bad. It's all a done deal. The FTC and FCC have already approved the Adelphi buyout. And the two companies plan to close on the takeover in the next week or so. -- Alan Breznick, Site Editor, Cable Digital News

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from Cable Guy
At the SCTE Canadian Summit, cable engineers dove into how, not if, MSOs will make the IP video shift
11:00 AM Cable may not have to abandon local origination programming as MSOs migrate to IP video and pivot away from standard-def TV
8:05 AM Canadian MSOs say the monitoring tools at their disposal aren't always enough to get a handle on signal quality issues
8:50 AM Canadian MSOs are singing the praises of switched digital video
NOON Vince Groff isn't fretting about the threat posed by over-the-top and mobile video
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events