The ABCs Of Aereo: What Is Aereo And Why Are Broadcasters Taking It To The Supreme Court?

By and | Wednesday April 16, 2014 @ 1:01pm EDT

Editors Note: The first of three Deadline posts that lay out the issues in the Aereo case, which Deadline Legal Editor Dominic Patten will cover from the Supreme Court next week. Today: A primer about Aereo and what’s at stake in the dispute with broadcasters.

U.S. Supreme Court justices are so mistrustful of technology that they bar TV cameras from their proceedings and require visitors to check their smartphones at the door.What Is Aereo But on April 22 they will take an hour to hear arguments in a case that could re-shape television and the Internet. All of the major broadcast companies are challenging the legality of an upstart streaming service: Aereo, a company backed by IAC chief Barry Diller that began to sign up subscribers in New York City in February 2012. The issues both sides will raise are complicated. But the controversy boils down to an important question: What rights do broadcasters and citizens have to content on the publicly owned airwaves?

Related: It’s On! – Supreme Court Agrees To Hear Aereo Case

Q: How does Aereo work?
A: Subscribers in the cities Aereo serves pay a minimum of $8 a month. That gives them exclusive access to one of its thousands of dime-sized antennas that pick up free, local, over-the-air broadcasts. The company then streams the live programming in the same local market to subscribers’ Web-connected TVs, computers, or mobile devices.

Aereo info graphic

Q: Does it just stream live TV?
A: Aereo also offers a remote storage DVR. Just like with a home DVR, each customer can choose programs to record, and then watch later with the same fast-forward and rewind capabilities. The difference is that the digital files are kept on Aereo’s servers, not on a hard drive in the home. Those who pay $8 per month get 20 hours of DVR storage each month and access to one antenna, while those paying $12 get 60 hours and access to two antennas.

Aereo mapQ: Where can people subscribe?
A: Aereo began in New York, and now also is available in Boston, Atlanta, Detroit, Cincinnati, Baltimore, Dallas, Austin, Houston, Miami, and San Antonio. It plans to launch in cities including Washington, DC, Philadelphia, Pittsburgh, Cleveland, Chicago, Indianapolis, Minneapolis, and Kansas City.

Q: Why does that bother broadcasters?
A: Aereo doesn’t pay local TV stations when it streams their programming. Broadcasters say that infringes on their copyrights. Read More »

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UPDATE: MGM & Bond Producer Slam Universal In Latest ‘Section 6′ Lawsuit Action

By | Monday April 14, 2014 @ 4:14pm PDT

DJP LEGAL BADGEUPDATED, 4:10 PM: The Section 6 lawsuit that sees two studios pitted against each other is starting to move faster than the opening sequence of a James Bond movie. Just three days after Universal responded to the multi-claim complaint from MGM and Bond producer Danjaq, the plaintiff today fired back with a response to the response. “Defendants thus admit that they not only have no plans to stop their infringing conduct, but that they are forging ahead—right now,” says today’s 4-page filing in federal court (read it here). “Even worse, as Universal knows from public reports, plaintiffs are investing hundreds of millions of dollars in the next James Bond motion picture,Universal-Pictures-logo-2013__140130232555__140321183123-275x141__140404181950 slated for theatrical release in October 2015 and home video release in early 2016,” the filing adds. On April 3, MGM and Danjaq hit Universal with a complaint for unspecified damages and an injunction against the announced Aaron Berg-written World War I spy drama. The plaintiffs charged that mgm__130913144151-200x137__131115203538Section 6 was a rip-off of the James Bond properties, which they own. On April 11, Universal claimed in a filed of its own that the film was not even greenlighted and was still in the very early stages of development and did not infringe on the Bond copyright at all when the script was in its final form. “In essence, Universal’s response is to claim: ‘Just trust us, we’re trying to fix it. But it will take time.,’” the filing says. “That is no basis for Universal to avoid the targeted discovery plaintiffs seek. Without that expedited discovery, any attempt by plaintiffs to obtain preliminary relief would be tantamount to shooting at a moving target. The Court cannot possibly ascertain the status quo under such circumstances, let alone fashion appropriate relief to address it.” Judge Dean D. Pregerson will have to weigh in on this soon, but it sounds like both studios can use an M to separate them in this you said/I said schoolyard brawl.

PREVIOUSLY, 10:39 AM: Looks like Universal have brought their own legal license to kill on board in the Section 6 lawsuit with MGM and James Bond producer Danjaq — in more ways than one. Just over a week after being hit by a multi-claim copyright infringement suit by the duo, the studio has responded and they’ve brought a top operative in Bert Fields to handle things for them. Read More »

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Comcast Takes Full Control Of FEARnet, To Fold It In Into Chiller & Syfy

By | Monday April 14, 2014 @ 10:56am PDT
Nellie Andreeva

It’s the end of the road for thriller, suspense and Fearnethorror-themed FEARnet. Comcast has bought out its partners in the joint venture — Sony Pictures Entertainment and Lionsgate Entertainment — to take 100% ownership. Following the transaction, which closed this morning, FEARnet will no longer be a stand-alone brand but will be folded into Comcast’s NBCUniversal Cable Entertainment division. “NBCUniversal Cable Entertainment has acquired all remaining interests in FEARnet from its productive venture with Lionsgate and Sony,” the company said in a statement to Deadline through a spokesman. “FEARnet, along with its popular content, will be integrated into NBCU Cable Entertainment. This process will take place over a yet to be determined period of time.”

FEARnet is expected to be folded mainly into Comcast/NBCU Cable Entertainment’s similarly thriller, suspense and horror-focused Chiller, though some content could also migrate to Syfy. I’ve learned that 10 of FEARnet’s 25 employees will stay on through the transition. The other 15 are being let go today. NBCU would try to find job opportunities for some of them across the company. FEARnet president Peter Block will stay at least through the transition. Read More »

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Deadline Big Media 80 – Comcast Goes To Congress Podcast

By and | Friday April 11, 2014 @ 8:22pm EDT

Deadline Big Media ep 80In this week’s podcast, Deadline’s executive editor David Lieberman and host David Bloom untangle the latest twists in the giant Comcast-Time Warner Cable merger proposal, as a Senate committee grills Comcast’s “Jedi Master” of a chief lobbyist and Charter prepares a challenge at the TWC annual meeting. The Davids also talk about the very different tone of two just-signed retransmission deals, at least compared to last year’s Time Warner Cable-CBS brawl; how IMAX reduced its stake in China while increasing its influence; and this week’s National Association of Broadcasters conference, where FCC Chairman Tom Wheeler urged broadcasters to think like “tech disruptors” and NAB chief Gordon Smith called for a federal plan for broadcasting.

Deadline Big Media podcast 80 (.MP3 version)
Deadline Big Media podcast 80 (.M4A version)

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Comcast’s Brian Roberts Made $31.4M In 2013, +7.7%

By | Friday April 11, 2014 @ 5:39pm EDT

The company that owns the largest collection of cable systems plus NBCUniversal has about 3.6 times the market value of CBS — yet CEO Brian Roberts made less than half of what CBS paid Les Moonves in 2013?Brian Roberts No need to shed any tears: After all, Roberts’ family controls Comcast, and it gave him his best pay day in years for a period when the stock value appreciated 39.1%. COMCASTThe package consists of $2.8M salary, $5.3M stock awards, $5.3M option awards, $9.2M in non-equity incentives, $5.1M change in pension value and $3.7M in other compensation. NBCU chief Steve Burke came close to his boss with an 18.1% raise that brought him to $31.1M. Roberts’ take includes $192,177 for personal use of the company jet; Burke’s aircraft use came to $390,994. The board says that Roberts “continued to demonstrate strong leadership” and adds that Burke “successfully managed NBCUniversal.” In a letter to shareholders Roberts talks up Comcast’s planned $45.2B acquisition of Time Warner Cable noting that “once again” he has called on his government affairs consigliere David Cohen “to help guide us through the government approval process so we can achieve a timely close.” The EVP, who is becoming a celeb in his own right from his appearances to defend the controversial deal, made $14M last year, down 12.1%. Comcast will hold its annual meeting on … Read More »

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Media Stocks Hit As NASDAQ Suffers Biggest One-Day Drop Since 2011

By | Thursday April 10, 2014 @ 4:45pm EDT

stock arrow downThe tech-heavy exchange fell 3.1% today to a two-month low as investors, fearful that the bull market for Internet and biotech companies has run its course, continued to shift their cash into more conservative investments. On NASDAQ’s worst day since 2011, the Standard & Poor’s 500 fell 2.1% and the Dow Jones Industrial Average slipped 1.6%. Media stocks also felt the chill: The Dow Jones U.S. Media Index fell 2.8%. All of the major companies we track lost ground. CBS (-3.8%) was hardest hit in Big Media followed by Time Warner (-3.7%), Disney (-3.7%), Sony (-3.6%), Viacom (-3.6%), Comcast (-2.8%), News Corp (-2.2%), Fox (-2.1%), and Discovery (-1.7%). In the rest of the sector companies licking their wounds include Pandora (-10.5%), WWE (-7.2%), Facebook (-5.2%), Netflix (-5.2%), Lionsgate (-4.8%), and RealD (-4.6%)

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UPDATE: Senate Committee Expresses Skepticsm Over Comcast-Time Warner Cable Merger

Comcast-Time-Warner-Cable-logos__140213130107-150x150__140213191744UPDATED: The Senate Judiciary Committee hearing into Comcast’s $45.2B acquisition of Time Warner Cable wrapped after three hours today. And Comcast EVP David Cohen upheld his reputation as a lobbying Jedi Master, although critics of the deal scored by pointing out how it could lead to higher prices and problems for independent programmers. Senate Judiciary Cmte Holds Hearing On Comcast-Time Warner Cable MergerCohen started off strong in his opening statement: He cast his company as the embodiment of the American Dream — and announced that it has more than 1M WiFi hot spots with plans to boost their transmission speeds. “This is the 13th time we’ve increased Internet speeds in 12 years,” he says. Public Knowledge’s Gene Kimmelman — a former Justice Department antitrust lawyer — hit back. He charged that it would be “anathema to Comcast” if programmers want to offer content directly to consumers via the Internet for a low cost. The cable giant is committed to “charging top dollar” and, as owner of NBCUniversal, would be like an octopus with tentacles “each capable of squeezing innovation.”

In regard to pricing, Cohen said, in response to a question from committee Chairman Patrick Leahy (D-Vt.), that “there is nothing in this transaction that will make anyone’s bills go up….Consumers today are in the driver’s seat.” He added later that programming costs have appreciated 98% over the last decade. Later he told Sen. Al Franken (D-Minn.) — who wanted to know whether shareholders would demand higher prices — us-senate-logo_20110526180215that “we have made it a point of significant discussion about our need to continue to invest to compete better with national and global competitors.” Kimmelman responded that Comcast is in the driver’s seat in the highly concentrated video and broadband markets. “The squeeze will come from Comcast,” he says. “It’s logical. They want to save money….and it could lead to significant price increases for others.”

Franken had Cohen against the ropes in a discussion about Comcast’s efforts to push customers to buy multiple or upgraded products. “When you train [sales]people to upsell, you’re not training them to sell the stand-alone product.” Cohen said that “we are allowed to train people to upsell,” but sales reps also “have to be aware of the stand-alone product” and provide it on request. Read More »

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Charter And Others Prepare To Challenge Time Warner Cable At Its Annual Meeting

It’s not WrestleMania, but Time Warner Cable shareholders can expect more excitement than usual at their annual meeting this year: time-warner-cable-logoThe company’s preliminary proxy, out this morning, includes proposals from Charter Communications and other investors  that could create problems for TWC management as it tries to sell the No. 2 cable giant to No. 1 Comcast.

Charter — which was the runner up in the bidding contest, but hasn’t given up — wants to change the by-laws to fix the size of the TWC board at 13 instead of allowing directors to change it when they want. Charter plans to propose its own TWC board slate, and no doubt wants to ensure that directors don’t boost the size of the body to dilute the impact if the challengers win. TWC naturally urges shareholders to reject Charter’s candidates, and the proposal. “Recruiting qualified candidates is a challenging and time-consuming process, and the Board of Directors believes that it is in the best interests of the Company’s stockholders for the Board to retain the flexibility to either increase its size if a highly-qualified candidate becomes available or to decrease its size if a director declines to seek reelection or for other reasons,” the company says.

Charter also wants TWC investors to support a change in the by-laws to repeal any changes made without shareholder support after July 26, 2012. Here, too, TWC’s board urges a “no” vote saying that the resolution “represents no … Read More »

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Comcast Sets Stage For Testy Senate Hearing, Telling FCC That Time Warner Cable Acquisition Serves Public

By | Tuesday April 8, 2014 @ 11:09am EDT

Comcast Time Warner Cable logos

UPDATE, 10:06 AM: Comcast EVP David Cohen just fleshed out in a press call some of his company’s arguments for the Time Warner Cable deal. To those who say the combined company would be too big he says that “in this particular case we think big is good” — it would be better able to offer new and improved services. And if Comcast is wrong “it doesn’t make any difference really because, as a customer, you’ll have the exact number of choices as you had before the transaction.” The only change: With Comcast instead of TWC as a broadband or video provider consumers’ “choice will be better.” He adds that Comcast is focused “like a laser” on improving the customer experience. (Sound familiar?)

PREVIOUS, 8:09 AM: This is the kind of thing you’d expect the cable giant to assert in a regulatory filing — and that will be roundly contested, including tomorrow at a Senate Judiciary Committee hearing on the $45.2B deal. Content companies that might oppose the deal “have strong relationships” with the committee, which oversees copyright matters, Guggenheim Securities’ Paul Gallant says. What’s more, the committee includes two strong critics of media consolidation: Al Franken (D-Minn.) and Richard Blumenthal (D-Conn.).

SenateJudiciaryCommitteeComcast detailed its public interest arguments in a 175-page document delivered to the FCC this morning. It “lays out in considerable detail how Comcast and TWC are better together for millions of customers and businesses, describing the exciting enhanced services and other concrete consumer benefits that will be available because of the transaction,” Comcast EVP David Cohen says in a blog post. In addition to cable and Internet services, Comcast owns NBCUniversal.

The company indirectly takes issue with Netflix CEO Reed Hastings’ claim that Comcast imposed an “indirect tax” on the streaming video company in a recent deal: Netflix agreed to pay Comcast directly to access its broadband lines in a way that will deliver the best possible transmissions to its customers. Comcast says it has “no economic incentive” to hit up so-called edge providers because its customers “place a high premium on being able to access any Internet content they want.” Comcast would have about 30M broadband customers after acquiring TWC. Read More »

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Media Stocks Pulled Down As Investors Unload Tech Holdings

By | Friday April 4, 2014 @ 4:17pm EDT

Stock arrow downThe tech-heavy NASDAQ fell 2.6% today, apparently reflecting fears that many companies — after soaring in 2013 — will report disappointing info on Q1 sales. The concern has been building: Netflix, for example, is down 25.7% over the past month. But it seemed to spread today, and soured the rest of the market with the Standard & Poor’s 500 -1.3% and the Dow Jones U.S. Media Index -1.7%. Viacom, down 2.8%, was the hardest hit Big Media company followed by Fox (-2.6%), Comcast (-1.8%), CBS (-1.7%), Disney (-1.5%), Discovery (-0.8%), Time Warner (-0.4%), and Sony (-0.3%). News Corp was the only gainer in the group, rising 0.1%. In the broader media universe, Barnes & Noble fell 5.4% — for an 18% drop in the two days since Liberty Media said it will sell 90% of its holdings in the book retailer. Tech-oriented media companies followed including Netflix (-4.9%), Pandora (-4.9%), Google (-4.7%), Facebook (-4.6%), Yahoo (-4.2%), RealD (-4%), and Amazon (-3.2%). Only a few media stocks appreciated. They include Madison Square Garden (+0.4%), which sold its Fuse TV network, and Scripps Networks (+0.5%) after Wunderlich Securities’ Matthew Harrigan changed his recommendation to “buy” from “hold.”

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New York Gov. Cuomo Makes Top-10 List For Retiring David Letterman

By | Friday April 4, 2014 @ 12:15pm PDT

New York Governor Andrew Cuomo Gives Annual State Of State AddressNew York’s Gov. Andrew Cuomo, who came under fire for that hefty tax incentive the state gave NBC to bring the Tonight show back to Manhattan  — handing over free money to NBC-parent Comcast, critics called it — this morning issued an official:

GOVERNOR CUOMO’S TOP TEN LIST OF REASONS WHY DAVID LETTERMAN IS A NEW YORK LEGEND

10. He has spent more time in the Ed Sullivan Theatre than Ed Sullivanletterman__131004184514 and the Beatles combined.

9. He has made more than 4,500 top ten lists.

8. He continued the Ed Sullivan Theatre’s legacy as a true New York icon by taping more than 4,000 shows at this world-renowned landmark.

7. He helped New York heal by being the first late night talk show host to come back on the air after September 11, 2001.

6. He contributed to keeping New Yorkers working by giving Paul Shaffer a steady job.
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Deadline Big Media 78: The CinemaCon Wrapup Podcast

Deadline Big Media podcast 78 (.MP3 version)In this week’s podcast, Deadline’s Executive Editor David Lieberman and host David Bloom wrap up all the business news out of CinemaCon, the big theater-owner convention that David Lieberman covered last week. Now that he’s back in Deadline’s Manhattan offices, David L. talks with David B. about the hot topics affecting the movie theater business, including a look at the state of the industry, whether movies and alcohol can mix, why it might be time for a discount ticket night, and why you can’t buy a movie ticket on Amazon.

The two Davids also discuss Charter Communications’ “astonishing” filing objecting to the Comcast-Time Warner Cable deal and why Reed Hastings might have some buyer’s remorse over his company’s interconnection pact with Comcast. They also look at whether now is finally the time for a DirecTV/Dish Network merger. Read More »

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WWE Leads Q1 Media Stock Gainers While DreamWorks Animation Falls

By | Monday March 31, 2014 @ 5:22pm EDT

Market arrows up downThe markets closed the books today on Q1 trading, and it began with a shrug for media stocks. The Dow Jones U.S. Media Index fell 2.4% over the three-month period, behind the benchmark Standard & Poor’s 500, which was +1.3%. Sony was the top-performing Big Media company, with shares +10.6%. It was trailed by Disney (+4.8%), Viacom (-2.7%), CBS (-3.0%), Comcast (-3.7%), News Corp (-4.4%), Time Warner (-6.3%) and Fox (-9.1%). There’s a much wider gap between the best and worst performers among other media companies we track most closely. World Wrestling Entertainment led the pack, helped by its launch of WWE Network, a $9.99 a month live streaming video service. Its shares appreciated 74.2% — followed by Barnes & Noble (+39.8%), RealD (+30.8%), and Cinedigm (+26.7%). At the bottom we find DreamWorks Animation (-25.2%), National CineMedia (-24.9%), and Sinclair Broadcasting (-24.2%).

Here’s how individual companies fared: Read More »

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Comcast Says It May Give $2.5B To Shareholders If They Approve Time Warner Cable Deal: Report

By | Monday March 31, 2014 @ 3:22pm EDT

Comcast-Time-Warner-Cable-logos__140213130107-150x150__140213191744This is sure to hurt Charter Communications’ already long-shot effort to persuade Time Warner Cable shareholders to reject the $45B sale to Comcast. The cable giant plans to add $2.5B in share repurchases to the current plan to buy back $3B in 2014, Comcast CFO Michael Angelakis told Bloomberg. He noted that when the deal with TWC was announced, the No. 2 cable company cancelled its own planned $2.5B stock repurchase. “We’d evaluate whether we’d want to accelerate [Comcast's] plan and increase it above $3 billion, based on the fact that Time Warner Cable had terminated their buyback plan,” he told the news service. His company could finance the stock repurchase from the cash it expects to collect after a merger when it sells systems with at least 3M subscribers, bringing its total to about 30M. Comcast and TWC’s stock prices each declined more than 5% over the last few weeks, but rebounded today. TWC’s +1.4% in afternoon trading and Comcast is +1.3%.

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FCC Restricts TV Station Sidecar Deals, And Adds Spectrum For Wi-Fi

By | Monday March 31, 2014 @ 2:24pm EDT

The National Association of Broadcasters is upset, but consumer groups are gleeful, after the FCC followed Chairman Tom Wheeler’s lead and approved orders that limit TV stations’ ability to jointly negotiate ad sales and retransmission consent deals. fcc1__130401234319-200x182In a 3-2 vote on party lines, commissioners said that a station that sells at least 15% of the ads for a would-be rival will be considered to own the station — which could run afoul of ownership caps. Broadcasters can get a waiver if they demonstrate that the arrangement serves the public, or doesn’t affect the smaller station’s programming. Companies have two years to either secure a waiver or unwind sidecar deals. In a separate, 5-0 vote the FCC barred joint retransmission consent negotiations involving two of the four highest-rated stations in a market. Wheeler says that the changes will promote competition and diversity. TV station collaborations represent “a growing end run” around the FCC’s ownership limits.

Former Commissioner Michael Copps, now with Common Cause, says that he hopes the vote “marks the long overdue start of a new era of public interest leadership.” Another FCC vet, former Chairman Michael Powell — now CEO of the National Cable and Telecommunications Association — also praised the retransmission consent rules saying that “such coordinated behavior harms consumers by artificially inflating the cost of watching over-the-air broadcast stations on cable systems.” But NAB’s Dennis Wharton says that the vote threatens the ability of “free and local TV stations to survive in a hyper-competitive world dominated by pay TV giants.” He adds that “the public interest will not be served by this arbitrary and capricious decision.” Read More »

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Chelsea Handler Eyes Exit From E!

By | Sunday March 30, 2014 @ 2:15pm PDT
Nellie Andreeva

chelsea_lately-showWhen powerful music manager Irving Azoff in October joined the team of comedian/talk show host Chelsea Handler, the announcement stated the duo’s intentions. “The host of E!’s top-rated late night show, Chelsea Lately, Handler is busy positioning herself for life after her current contract expires at the end of 2014,” it read. That “positioning” has featured exploratory meetings with production companies and other cable networks. It also has included pointed comments dropped by Handler about her dissatisfaction with E!, recently referring to the network a “a sad, sad place to live” and “a failure” on The Howard Stern Show. Now, after weeks of speculation that the Handler was plotting an exit, Azoff has told The Hollywood Reporter that Handler indeed “intends to leave” when her contract expires at the end of the year. Theoretically, that could be posturing, which is part of any renegotiation where the stakes are this high, but given the fact that Handler specifically hired Asoff to plan her life post-E! and that the rift between the her and E! appears to run pretty deep, the intention appears to be real. That has been confirmed by sources.

Related: Chelsea Handler: Crankiest Talk Show Guest Ever?

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Charter Asks Time Warner Cable Investors To Reject Comcast Acquisition

Charter logoReturned today from the CinemaCon confab, so I’m just now getting a chance to catch up with Charter Communications‘ astonishing SEC filing that urges Time Warner Cable shareholders to support its $37B Comcast-Time-Warner-Cable-logos__140213130107-150x150__140213191744cash-and-stock bid over Comcast’s $45.2B all-stock offer. I don’t know if there’s enough in the proxy to derail the Comcast-TWC deal. But it’s sure to create some turbulence — if nothing else by giving ammo to class action lawyers who want to argue that the TWC board failed to faithfully represent shareholders’ interests when it stiff-armed Charter and embraced Comcast.

Related: Fears Of Government Rejection Hung Over Comcast’s Deal Talks With Time Warner Cable: Proxy

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2013 Most Valuable Blockbuster Championship Game – #1 ‘Iron Man 3′ Vs. #3 ‘Despicable Me 2′

By | Thursday March 27, 2014 @ 3:08pm PDT
Mike Fleming

Iron Man 3 Despicable Me 2 ProfitIt’s tipoff time for the championship matchup to determine Deadline’s Most Valuable Blockbuster of 2013. Stay tuned for our version of the postgame show, where we peel the curtain back on the data we commissioned from insiders to determine just how profitable a movie really is.

DeadlineBracket_Final

The Matchup: After surviving a bruising battle with #5 seed The Hunger Games: Catching Fire, #1 Iron Man 3 takes the court against #3 Despicable Me 2, a film that came through a pick ‘em matchup with #2 seed Frozen. Read More »

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Don’t Bet Just Yet On A Dish Network-DirecTV Merger, Analysts Warn

By | Thursday March 27, 2014 @ 2:20pm EDT

Investors seem to be clearing their heads from the adrenaline jolt they experienced yesterday when Bloomberg reported that Dish Network chairman Charlie Ergen recently approached DirecTV CEO Michael White to discuss a potential merger — in part as a response to Comcast’s $45.2B deal to buy Time Warner Cable. Dish DirecTVShares in both satellite companies shot up on the news, but have started to settle as of midday trading today leaving Dish +5.5 over the day and a half period with DirecTV +2.6%. The big surprise in the report was that Ergen is still interested in a deal: He has been focused lately on amassing wireless spectrum to launch a broadband service, and has made skeptical comments about the prospects for traditional satellite TV. But he and White have noted that the companies could save a lot of money — if regulators would let them combine. Read More »

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