ESPN Paying $7-9M For Hockey World Cup Media Notes ESPN To Air World Cup Of Hockey SportsNet LA Impasse Carries On Neuheisel Joins CBS As CFB Analyst ESPN's Traug Keller Talks Talent Galaxy Get New Radio Deal For '15 TNT's Craig Sager Talks Return To Sidelines Fox Promising Strong MLS Broadcasts Albert's Hire May Be Winner For NBC
Upcoming Conferences and Events
TIME WARNER CLOSE TO ACQUIRING CABLEVISION INDUSTRIES
Published January 6, 1995
Time Warner is close to an agreement with Cablevision Industries, which controls cable systems of about 1.3M subscribers. The company could fetch between $2.5 and $3B. Sources close to the deal said there are still hurdles to overcome, including how Time Warner would finance the deal. If Time Warner completes the deal, it would service over 10M cable subscribers, making it a close second to TCI, Inc., the largest U.S. cable operator (WALL STREET JOURNAL, 1/6).