After resigning from Vulcan in the fall, Bill Savoy now has cut ties with Charter [CHTR], departing the MSO’s board last Fri. Jo Allen Patton (Paul Allen’s sister and CEO of Vulcan) is expected to replace him. The board was slated to meet yesterday to vote on her nomination. Paul Allen’s former #2 also resigned from the boards of Charter subsidiaries. — Charter’s [CHTR] indirect subsidiaries closed on a $1.5bln sr notes offering ($1.1bln of 8% sr second lien notes due ’12 and $400mln 3-3/8% notes due ’14). Charter will use the proceeds to refinance debt, extending the due date for some $8bln to beyond ’08. Charter subsidiary Charter Comm Operating amended its $5.1bln credit facility to approximately $6.5bln.

The Daily

Subscribe
Wednesday–May 7

Pendulums Break

when it comes to law and regulations, particularly in telecommunications, things get a little sticky. The underlying reason given for being more averse to blatant bias or discrimination has always been, especially in the context of broadcast law, that we’re dealing with a very limited commodity: the broadcast spectrum.

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.