John Malone pockets $200M through tax loopholes; Dish and CBS far apart on retrans deal

Cable industry news from across the Web:

> John Malone shirked $200 million in personal tax responsibility, and avoided billions of dollars for Liberty Global's shareholders, by exploiting IRS tax loopholes amid the company's move from Colorado to London. Story

> Dish Network and CBS Corp. are far apart on carriage renewal negotiations, setting the stage for a possible blackout of CBS stations in December. Story

> Wireline integrators Cable Line Inc. and McLaughlin Communications have sued Comcast in a Philadelphia court, alleging the cable giant enticed them to ramp up staff and equipment "only to abandon those firms once they had been induced to create the infrastructure necessary for Comcast's expansion." Story

> Roku has added Google Play Movies and TV to its programming lineup in the U.S., Canada and Ireland. Story

> Level 3 says its $5.7 billion acquisition of tw telecom has been completed. Story

> A+E Networks chairwoman Abbe Raven will retire in February after 33 years with the company. Story

> After taking a $170 million write-down due to poor sales of his company's Fire smartphone, David Limp, senior VP of devices for Amazon, acknowledged that the company erred in its pricing strategy. Story

And finally … TV ad spending on senatorial campaigns has exceeded $400 million this election season. Story


How To Lower the Cost of Ownership of Your Cable Access Network

This white paper presents a cost analysis of a virtualized cable modem termination system (CMTS) deployed in a distributed access architecture (DAA). Learn how to eliminate traditional CMTS constraints, efficiently enhance your network performance and more.

Suggested Articles

WarnerMedia scored a key HBO Max distribution deal with Comcast just as it launched in May. Nearly six months later, there still isn’t an app.

Comcast is planning new data caps and video service price increases for its subscribers in 2021.

The Apple TV remote is an often reviled peripheral device. Universal Electronics has taken it upon itself to create a different option.