More than 5 years after @Home went belly-up, the high-speed debacle still is causing grief for the cable industry. The latest problem flared Mon when a DE judge refused to throw out a lawsuit that accuses Comcast and Cox of using their position as 2 of the top 3 shareholders to run the company into the ground. A bondholder that wasn’t paid from @Home’s ’01 bankruptcy brought the suit. The ruling means that the MSOs could wind up facing trial on the allegations. When @Home was operating, Comcast and Cox controlled 63% of the voting power, with AT&T set up as the largest shareholder. Previously, AT&T settled similar litigation. A federal court previously threw out another suit that accused Cox and Comcast illegally profiting from @Home’s closing.

The Daily


FCC Seeks Comment on NAB NextGen Petition

The FCC Media Bureau is seeking comment on NAB’s petition regarding the treatment of multicast streams under the NexGen TV local simulcasting rules.

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