Word: tci
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
WASHINGTON, D.C.: Should American families be taxed to enrich the shareholders of powerful companies like Disney, Time Warner, and TCI? Raising that question in Thursday's New York Times, columnist William Safire reports that Senate Majority Leader Bob Dole told him that the sweeping telecommunications reform bill, already passed by the House and Senate and now in conference to resolve differences, effectively loans telecom giants immensely valuable new digital bandwidths worth an estimated $70 billion. "This is a big, big corporate welfare project," Safire says Dole told him. "Here we're cutting Medicaid and doing all the painful things while...
Levin's relationship with Captain Outrageous has improved since 1985. At that time, Turner's grab for the MGM film library left him desperately short of cash. To the rescue rode Malone's TCI and Time Inc. (which later merged with Warner to form the current company). The stakes Turner gave them in return for the bailout, however--18% for Time Warner and 21% for TCI--left him beholden to the companies and unable to make major moves without their consent. When Levin vetoed a Turner plan to acquire NBC last year, Turner publicly complained that Time Warner's treatment...
...Warner, strung out the talks with a long and changing list of demands that threatened to block an agreement. "He asks for everything," says a Time Warner executive. "You never know when he's finished." Levin and Malone hashed out their main differences at a Sept. 9 meeting at TCI headquarters in Englewood, Colorado, followed by a two-hour session last Wednesday at Time Warner offices in Manhattan...
...takeovers, the world's last two international media conglomerates today announced that they would merge. BMCAA Viafox (created out of Bertelsmann, MCA, CAA, Viacom and Fox) agreed to accept a bid of $638 billion in cash and stock from Disony GETCITWest (formed from a fusion of Disney, Sony, GE, TCI, Time Warner and Westinghouse). The new entity, which now controls all entertainment on film, TV, CD, video, telephone and computer, will be called, simply, Diller...
...million. But he may also want a sweetener. "Malone is a genuine genius,'' says Tom Southwick, pub lisher of Denver-based Cable World magazine. "His frictionless mind will find a way to make this work to satisfy his own shareholders.'' He is bargaining, for example, to ensure that TCI will have access to Turner and Time Warner shows...