What’s going on at Casino and Gaming TV? An unusual announcement crossed our desk last week from HorseRacing TV and parent Magna, saying that HRTV and CGTV are not merging. Magna said it had learned that the gaming network may be telling certain prospective investors that the 2 nets reached an agreement regarding a merger. "Despite CGTV’s claims, there is no formal binding agreement in respect of any proposed merger between CGTV and HRTV, and no such merger is currently under consideration by Magna or HRTV," Magna said. When Cfax tried to contact CGTV, the plot twists continued. Turns out Nick Rhodes quietly left his post as CGTV pres/CEO back in Jan to pursue other opportunities. CFO/COO Bill Keenan also left the network. Both are high-profile cable execs, with Rhodes serving as part of the sr mgmt teams that built and sold Speedvision and Outdoor Life and Keenan acting as E!’s CFO for more than a decade. Rhodes said his pres/CEO position has not been filled. Investment bankers Rob Carlsson and David Hawk announced the formation of CGTV in fall ’03 and followed up with a lavish booth at NCTA’s National Show in New Orleans. Neither could be reached for comment by press time. Despite the splashy launch, US carriage for CGTV appears stalled. It has picked up about 1.6mln subs in Canada, where it has licensed the brand to another entity for CGTV Canada, but has no US carriage.

The Daily

Subscribe

AT&T, Others Take on FCC Over Opening of 6GHz Band

AT&T , utility providers and others took on the FCC Friday at the D.C. Circuit Court of Appeals over the Commission’s unanimous decision in 2020 to open the 6GHz band for unlicensed users.

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

Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? 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 John@cynopsis.com for more information.