Around the Island The Cablevision Systems Corporation NYSEE: Cvc) of Bethpage swapped cable television subscribers with AT&T's MediaOne subsidiary last week, consolidating its hold on the metropolitan New York market.
It is also a wholly owned subsidiary of European cable television giant United Pan-Europe Communications upcoy, which operates cable television networks in 11 countries and is the only pan-European cable company.
Another major backer of French-speaking African film is the French cable television channel Canal Plus, whose Canal Plus Horizons subsidiary broadcasts throughout Africa.
Seth Abraham, who helped officiate at the profitable marriage of boxing and cable television during two decades at Time Warner and its subsidiary Home Box Office, has been named executive vice president and chief operating officer of Madison Square Garden.
Ticketmaster Online-City Search Inc., the company that sells tickets online and manages 77 city Web sites worldwide, announced today that it was buying the Ticketmaster Corporation, a subsidiary of USA Networks, the cable television company run by Barry Diller.
Adelphia Communications, the cable television operator, and more than 200 of its subsidiaries filed for bankruptcy protection yesterday in Manhattan after a month of struggling to find an alternative.
In August 2016 the corporation was acquired by NBC Universal (also known as NBCUniversal), a subsidiary of Comcast Corporation, which was originally a cable television operator.
That comes on top of nearly $10 billion from a secondary stock offering last year, and it has raised additional billions through the initial public offering of its T-Online Internet subsidiary as well as through the sale of several regional cable television networks.
