Could the At Home saga finally be nearing an end for the cable industry? At Home bondholders agreed in principal last month to settle litigation in Delaware Court of Chancery in exchange for a payment of $40mln each from Comcast and Cox, according to an SEC filing. The settlement is subject to approval of the At Home bankruptcy court. It would resolve over 5 years of litigation between the parties, Cox said. To refresh your memory: At Home was a provider of high-speed service that filed for bankruptcy in ’01. Cox and Comcast were among those who invested in and had a distribution relationship with At Home. Certain bondholders brought suit against Comcast, Cox and others alleging breaches of fiduciary duty and seeking recovery of alleged short-swing profits. The short-swing profits claim was dismissed by the courts, but the plaintiffs recommenced the breach of fiduciary duty claim in the DE Court of Chancery.

The Daily

Subscribe

Sinclair Takes $500,000 Fine in Hot Wheels Case

Sinclair has agreed to make a voluntary contribution of $500,000 to the U.S. Treasury and implement compliance plans to resolve FCC investigations and issues surrounding compliance with rules that limit the

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Sep 11
2025 Faxies Awards Faxies Nominations Open! Final deadline: 4/4/25
Full Calendar

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Carley Ashley, [email protected], for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.