As soon as NTL agreed to shell out $6bln for Telewest, making the UK cable industry a 1 MSO business, a new bidder arrived. A group of private-equity firms sent NTL top shareholder William Huff an $11bln offer. Huff tells the WSJ he’s not interested. The firms: Blackstone Group, Cinven Gr, BC Partners and Permira Advisors.

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Wednesday–February 25

FCC Takes a Swing at the State of Sports Broadcasting

The FCC wants to take a closer look at the existing live sports marketplace and how consumers—as well as local broadcast stations—are being impacted by it.

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