Always Providing You With Ongoing Information


The U.S. Justice Department on Monday gave antitrust approval to Charter Communications Inc’s to purchase Time Warner Cable Inc and Bright House networks, which would create the second-largest U.S. broadband provider and third-largest video provider.

The Justice Department’s approval was met with certain conditions designed to protect competition, coming at a time when the pay television industry faces stagnation due to new competition from over-the-web rivals like Netflix and Hulu.  Charter agreed to refrain from telling its content providers that they cannot also sell shows online


Tag Cloud

%d bloggers like this: