Altice founder Patrick Drahi plans to produce original series in France from next year that he hopes to distribute globally via the company’s distribution networks to its 46 million subscribers. Speaking to journalists in New York on the completion of Altice’s acquisition of Cablevision, Drahi said that he believed Altice Media could create series for […]
Altice boss Patrick Drahi has stepped down from his role as president of the company in favour of former CEO Dexter Goei ahead of the group’s acquisition of Cablevision in the US. Goei will take over the new US operation as chairman and CEO of Altice USA, in addition to his role as president of […]
The Federal Communications Commission has approved Altice’s US$17.7 billion (€15.7 billion) deal to acquire US cable player Cablevision. In a memo released yesterday, the US regulator said that the deal is “unlikely to result in any significant public interest harms” and that approving the deal “serves the public interest”. “We find that the transaction is […]
US operator Cablevision has integrated Hulu into its Optimum TV service, letting customers access the online streaming service from the interactive programme guide. Hulu will be available on all current-generation Optimum TV set-top boxes on channel 605. Existing Hulu subscribers will be able to access the service by tuning to the channel and signing into […]
Altice said that its US$17.7 billion deal to acquire US cable player Cablevision is now “fully funded” after two fund partners agreed to take a US$1 billion stake. Funds advised by BC Partners (BCP) and Canada Pension Plan Investment Board (CPPIB) agreed to buy 30% of the equity of Cablevision for roughly US$1 billion. The agreement comes […]
Cable and telecom investor Altice has agreed a US$17.7 billion deal to acquire US cable player Cablevision. Altice boss Patrick Drahi’s latest mega deal will see the Netherlands-based company pay US$34.90 in cash for each share – a premium of about 22% on yesterday’s closing price – in the fourth largest US cable provider in […]
Nine out of the top ten US pay TV operators lost subscribers in the quarter to June 30, new research reveals. Cumulatively, more than 400,600 digital television subscribers were lost in the second quarter of 2015, the informitv Multiscreen Index research showed. DirecTV, now part of AT&T, lost the most customers, 133,000, followed by Dish […]
HBO’s recently-launched US streaming service, HBO Now, is due to launch on Android devices this summer, according to Google’s senior vice-president of products, Sundar Pichai. Speaking at Google’s I/O conference in San Francisco last week, Pichai said that HBO Now will launch on Android, and that viewers will also be able to stream the service […]
Hulu has beaten off stiff competition to acquire US SVOD rights to classic comedy Seinfeld for a reported US$180 million. Seinfeld co-creator and star Jerry Seinfeld took to the stage with Hulu programming execs to unveil the deal at the Disney, NBCuniversal and 21st Century Fox-owned platform’s Digital Content NewFront yesterday. Yahoo and Amazon Prime […]
US VOD network Kabillion has launched on Optimum TV, a platform from Stateside cable company Cablevision. This means the service is now in more than 50 million US homes, the company said, and represents a threefold increase in size since its launch in 2007. Splash Entertainment-owned Kabillion recently partnered with Base79 to build its offer […]
