Canal Plus has NC Numericable all to itself

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Vivendi Universal's Canal Plus unit has assumed 100% control of NC Numericable. However, Numericable said that a new partners will be necessary.

author: Richter, Mathilde
France, Canal Plus S.A., NC Numericable

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Telewest to buy NTL's 50% stake in Cable London for 647.7 million euros

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NTL Inc. announced that it has reached an agreement to sell off its 50% share in Cable London PLC to Telewest Communications PLC. NTL will sell the share for approximately 428 million pound sterling (647.7 million euros) in cash. Cable London is owned equally by both Telewest and NTL. Telewest said it is acquiring NTL's share in Cable London because it believes London is a major new digital market services marketplace.

author: Naik, Gautam
United Kingdom, England, Abstract, NTL Inc., TeleWest Communications PLC, Cable London PLC

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NBC is close to acquiring 32% of Paxson in $400 million deal

Article Abstract:

NBC is near an agreement to purchase a minority share in Paxson Communications Corp. for approximately $400 million (378 million euros). NBC is acquiring 32% of Paxson.

author: Pope, Kyle
United States, Radio and Television Broadcasting, Radio & TV Broadcasting, Broadcasting industry, Broadcasting, National Broadcasting Company Inc., Paxson Communications Corp., PXN

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subjects list: Mergers, acquisitions and divestments, Cable television broadcasting industry, Cable television, Cable networks (Television)
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