A group of equity holders in Adelphia called for the MSO to be sold off altogether. The Equity Committee filed a motion in US Bankruptcy Court—a stone’s throw from where the Rigas criminal trial is slated to begin—seeking to terminate the MSO’s exclusive periods to file a reorg plan, thus enabling the EC to submit its Chapter 11 plan, which would unload the company. Adelphia could command up to $24bln on the open market, although few have the cash and desire to make such a purchase. Paul Kagan sees TW Cable, Cox and Comcast as buyers, although we can’t see the feds letting Comcast make any more big purchases soon. Adelphia has until Feb 17 to file its reorg plan.

The Daily


Section 706: ISPs Once Again Battle Over Benchmarks

The FCC is once again looking to fulfill its Section 706 obligation through its annual Notice of Inquiry into the state of broadband deployment.

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


Apr 25
2024 Cablefax 100 Awards Nominations Are Open!
Full Calendar


Seeking an INDUSTRY JOB?

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 [email protected] for more information.