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Carlyle Bids on Faltering Virgin Media

Debt-riddled UK cable provider, 35 ($ a share), seeks rich buyout firm

(Newser) - The friendly corporate raiders at the Carlyle Group have floated an offer to buy out Virgin Media, the British cable provider, with total equity in the range of $8B and $10B, the Journal reports. The besieged media company has been losing customers to rivals in the UK, and has stacked...

Scrapped TVs Spell Disaster for Environment

Analog sets will contaminate dumps after digital conversion

(Newser) - In 2009 a federal law will convert all TV stations to digital, sending most of the US's 268 million analog TVs into the trash. As consumers snatch up plasmas and HDTVs, the old sets—made of lead, cadmium, and mercury will be thrown into garbage dumps, where they may contaminate...

HBO Axes CEO After Arrest
HBO Axes CEO After Arrest
May 10, 2007 5:09 AM CDT

HBO Axes CEO After Arrest

Albrecht fired after earlier attack on a girlfriend, hushed by HBO, was revealed

(Newser) - Chris Albrecht, who turned HBO into a titan with mega-hits "Sex and the City" and "The Sopranos," was fired yesterday in the aftermath of an arrest for choking his girlfriend outside the MGM Grand in Vegas. A temporary leave was announced after Sunday's altercation, but Albrecht was...

Drama Builds At HBO As CEO Departs
Drama Builds
At HBO As
CEO Departs
May 8, 2007 8:52 PM CDT

Drama Builds At HBO As CEO Departs

Albrecht takes indefinite leave after drunken arrest Sunday

(Newser) - HBO's capo is making like Tony Soprano and taking an indefinite leave of absence from the cable network. Chris Albrecht, who has led the network since 2002, was arrested by Las Vegas police on Sunday, after officers said they witnessed Albrecht in a violent altercation with his girlfriend.

Dolans Make Third Run At Buying Back Cablevision

Offer shows confidence in cable future

(Newser) - Cablevision's founding family is close to taking the entertainment giant private, the Journal reports. The Dolans have tried and failed twice since 2005 to strike a deal with the board, but the third time may be the charm. The magic number is $36 a share, up from $30 in an...

Advertisers Won't Get It on eBay
Advertisers Won't Get
It on eBay
Apr 6, 2007 9:34 AM CDT

Advertisers Won't Get It on eBay

Stations opt out of TV-ad auction site

(Newser) - Cable networks are boycotting eBay's experiment in auctioning television airtime to ad houses, in a decision that could ground its nascent spin-off site. The networks protest that Online Media Exchange, which eBay claimed would reduce inefficiency, doesn't account for today's complex targeting and multimedia promotional packages.

Stop Crying About Anna Nicole Coverage

It's not the crime they're telling you it is

(Newser) - The all-Anna-all-the-time formula cable news networks embraced after the heiress' death was not the sin against the intellect commentators are bemoaning, argues Slate columnist Jack Schafer. In fact, he says, viewers may have actually learned something from the in-depth coverage of the complex legal issues surrounding Smith.

Kerry Woos Baseball Vote With Cable Coup

Senator pushes MLB to reach agreement for out-of-market games

(Newser) - Whatever their politics, baseball fans nationwide can thank John Kerry for encouraging MLB to keep out-of-market games on cable.  Baseball was planning a $700 million exclusive deal with DirecTV that would have forced most fans to switch cable providers, a daunting prospect, before the Massachusetts senator intervened.

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