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Tag: Charter

Terra Carta: Prince Charles asks companies to join ‘Earth charter’

Terra Carta: Prince Charles asks companies to join ‘Earth charter’

Science
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Disney, Charter talks could affect price of cable in the streaming era

Disney, Charter talks could affect price of cable in the streaming era

Finance
The Walt Disney Company CEO, Robert Iger arrives for the World premiere of Marvel Studios' 'Avengers: Endgame' at the Los Angeles Convention Center on April 22, 2019 in Los Angeles.VALERIE MACON | AFP | Getty ImagesDisney is set to renew its multiyear carriage agreement with Charter, the second-largest U.S. pay TV provider, at the beginning of August, according to people familiar with the matter.So far, there are no signs the two sides will have a testy public renegotiation. That is par for the course for Disney, which usually hammers out a deal without fanfare. After all, pay-TV providers have never had the stomach to black out ESPN, Disney's most valuable cable channel and by far the most expensive network in the pay-TV bundle.But this particular Disney deal has widespread implications f...
SoftBank hasn't given up on Charter, yet, sources say

SoftBank hasn't given up on Charter, yet, sources say

Finance
Despite what appears to be a distinct lack of interest from Charter Communications management in pursuing a deal, SoftBank continues to make efforts to acquire the giant cable company, according to people familiar with the situation.Reports of SoftBank's interest in combining Sprint, which it controls, with Charter first surfaced late Friday, and Sunday night Charter released a statement that was intended to make it clear it has no interest in seeking a union.That has not stopped SoftBank and its hard-charging founder Masayoshi Son from a quixotic attempt at cobbling together a buyout offer that has been described by those familiar with it as follows: SoftBank would contribute a sizable amount of equity to a new company, which would use that money and new debt financing to offer both Chart...