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

Subscribe

Charter Wins New Broadband Subs With Help from EBB

Charter’s investments in its broadband network continue to pay dividends. The operator welcomed another 365,000 internet customers during 2Q21.

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 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
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.