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Investors, Malone, Bloomberg Push Hard for Cablevision Sale
by Karl Bode 08:33AM Wednesday Aug 28 2013
New Charter chair and cable industry mainstay John Malone has recently been telling anyone who'll listen that the cable industry should consolidate, leaking rumored acquisition talks with Cox to the press on a monthly basis (something Cox has denied). Investors have also been itching for a cable merger or acquisition, Time Warner Cable's long-rumored acquisition of Cablevision being their most sought-after scenario.

The end result has been soaring stock prices for all companies involved and not much else. Bloomberg News lent a hand this week by repeating investor calls for a Cablevision sale, proclaiming that now is the perfect time to sell itself to everyone from Time Warner Cable to Google Fiber:
quote:
If Cablevision can’t find a suitor in the cable industry, technology companies including Google could be interested, Guggenheim’s Nyckowski said. Google has already rolled out its own TV and Internet distribution service, Google Fiber, in several U.S. markets. "Non-traditional companies that want to get into the online video space like Google should be looking at Cablevision," she said.
Except the same thing that keeps Cablevision from growing is the same thing that keeps many companies from jumping into Cablevision's current shoes: the fact they're one of the only cable companies that competes with Verizon FiOS in most of their territory. Google in particular is focusing their deployment efforts on the lowest hanging fruit -- markets where competition has all but entirely stagnated.

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dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4

Oh please cox i dont want centurylink

dont want bottomfeeder of cablecos charter!
--
Despises any post with strings.

Subaru
1-3-2-4
Premium
join:2001-05-31
Greenwich, CT
kudos:1

Re: Oh please cox i dont want centurylink

Not good say good bye to unlimited if CV sells
Rekrul

join:2007-04-21
Milford, CT

...

Sure, who cares about the customers. After all, it's not like we matter...
andrewc2

join:2011-06-05
Matamoras, PA
Reviews:
·Optimum Online

Gotta get these investors off CV's back

Can someone please get these "investors and analysts" to leave CV alone, none of their subscribers want them to be bought up by any of the other awful cable providers...

Maybe a bunch of customers should band together to try and buy 51% of the shares so they could never sell without the customers approval...

mech1164
I'll Be Back

join:2001-11-19
Lodi, NJ

Re: Gotta get these investors off CV's back

said by andrewc2:

Can someone please get these "investors and analysts" to leave CV alone, none of their subscribers want them to be bought up by any of the other awful cable providers...

Maybe a bunch of customers should band together to try and buy 51% of the shares so they could never sell without the customers approval...

Agreed, the only thing I could stomach is if Google took this as an opportunity. Seeing how they are deploying Google Fiber, that might be pie in the sky thinking. Man can dream though.
34764170

join:2007-09-06
Etobicoke, ON

Re: Gotta get these investors off CV's back

Saying it is pie in the sky thinking is being nice. Google would have zero interest in CV.

Booost

@151.190.40.x

I'm sure all these folks...

I'm sure all these folks only have the best interests of the cable tv customers in mind.

<barf>
tmc8080

join:2004-04-24
Brooklyn, NY
Reviews:
·ooma
·Optimum Online
·Verizon FiOS

seeing the future

What customers see in the future should an acquisition/sale happen is the signal would be given, the wink winked, the nod, nodded that whichever company buys CV will price collude w/ Verizon which means prices go higher, the customer gets fleeced and these companies make a fortune for those who have no choices except go with high priced provider A or high/higher priced provider B.

Much of this ALREADY happens where ATT, CenturyTel and any other cable company have overlapping territories (TWC and Comcast). Just take a look at the rates for broadband outside NY metro and you'll see on average, HIGHER PRICES where competition is a failure.

In this price & service collusion scenario, these NY customers wouldn't just roll over and pay the higher rates like they do for gasoline & other essential products/services. They'd get up & DO something about it... That's the difference between NY and say, dozens of states outside the northeast.
silbaco
Premium
join:2009-08-03
USA

Re: seeing the future

Really? Because NY is one of the loudest whiners about Verizon not deploying FiOS in enough places and so far has taken little to no action to change things. In fact the places where Verizon has chosen to not service at all in NY have done absolutely nothing but complain. And then of course the is NYC, where Verizon has no intention on deploying FiOS to 100% of the population or anything close and so far nothing substantial has been done to counter them.
tmc8080

join:2004-04-24
Brooklyn, NY

Re: seeing the future

With some luck, the next mayor will grow a backbone and not be swimming in money or corruption.

actor90
Never a dull moment
Premium
join:2003-07-21
Jackson, NJ
Reviews:
·Optimum Online
·Comcast

I like Cablevision as is

I think a vast majority of customers of Cablevision would not want a sale to Charter or Time Warner. The Dolan's have done a great job with this company for the customers and no one wants to see that end. Charter and Time Warner are two of the worst companies for consumers.

batterup
I Can Not Tell A Lie.
Premium
join:2003-02-06
Netcong, NJ

Google??

Cablevision is in a no B.S. market that doesn't play. Google, being a clown, wouldn't stand a chance with their evil ways.