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Because of Mr. Ross, Warner bought cable properties in 1971.
Other big cable properties are also nurturing new hits.
Mannesmann had wanted to bid on several cable properties, but was turned down flat.
But the company's cable properties are extremely valuable, this person said.
Why would Comcast want to spend that much for the cable properties?
Mr. Banner acknowledged that NBC's cable properties "have been very helpful to them".
CBS did not have any cable properties on which to show baseball.
Since being hired in January, he has moved to reposition the cable properties.
Donald oversees the newspaper and cable properties, Si the magazines and the book-publishing group.
One reason was the company's stated policy of seeking to control interest in all its cable properties.
More casual observers might have been surprised to see Comcast mounting a hostile bid for mighty AT&T's cable properties.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com