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has offered to acquireall of the outstanding shares of common stock of for $12.25 pershare in cash. The total value of the proposal is about $815million, including the assumption of certain Tribune liabilities.
SNLKagan sat down with Barry Tishgart, vice president of Comcast Wholesale, adivision of Comcast Corp.'scable unit Comcast Cable, to discuss how technology is reshaping America'sbiggest cable and internet service provider.
Newconditions proposed by regulators for CharterCommunications Inc.'s pendingacquisitions ofTime Warner Cable Inc.and Bright House Networks LLCcould have a big impact on digital channels' access to programming in a largeswath of the U.S. in the near term, industry observers said.
Asexpected, unit agreed toacquire DreamWorks Animation SKGInc. in a deal valued at $3.8 billion, purchasing the studio'sexisting shares for $41 apiece in cash. Following the acquisition, which isexpected to close by the end of 2016, the studio will become part of theUniversal Filmed Entertainment Group.
Officialsat the U.S. Department of Justice and the FCC issued recommendations that wouldallow Charter Communications' planned acquisitions of Time Warner Cable andBright House Networks, with certain conditions. Theconditions, effective for seven years after the acquisitions close, focus onensuring online video distributors continue to have fair access to programming.The newly merged Charter would be prohibited from entering into contracts thatlimit a programmer's ability to distribute content to online video distributors.