C-COR.net [CCBL] will acquire all of MAN packet-based transport solutions provider Lantern Comm for a cash payment of $20mln. — Tellabs will shell out $1.9bln in cash and stock to acquire Advanced Fibre Communications. AFC chmn & CEO John Schofield will join Tellabs as COO when the deal closes later this year. Verizon, which launched its aggressive FTTP initiative yesterday, tapped AFC as one of its primary vendors. — Viacom [VIA] declared a regular quarterly cash dividend of 6 cents/share on its Class A and B Common Stock, payable July 1.

The Daily

Subscribe
Friday–October 2

Paramount-Warner Bros. Is Now Skydance

Paramount Skydance CEO David Ellison made his X debut Friday morning to announce the name of the combined PSKY-Warner Bros. Discovery. When the deal closes, the merged company will be known simply as Skydance, with Paramount and Warner Bros. continuing to operate as separate brands under it.

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

Nov 3
Most Powerful Women Awards Gala Honoring the Women Shaping the Future of Connectivity, Media & Technology
Nov 4
Top Women Leadership Forum Top Women Leadership Forum
Mar 30
CTV World 2027 PERFORMANCE ACROSS EVERY SCREEN
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 us at marketing@cynopsis.com, for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.