1. Business

Bright House Networks, Time Warner, Charter all in swirl of merger talks

Published May 1, 2015

If the permutations and combinations of possible mergers among cable TV companies are not confusing enough, just wait.

News reports say Time Warner Cable and Charter Communications are separately in touch with Bright House Networks, a major cable TV provider in the Tampa Bay market, "at the highest levels to discuss an acquisition of the company," the Wall Street Journal reported Thursday. The talks are preliminary.

To recap, cable TV giant Comcast recently backed out of a $45 billion deal to buy Time Warner Cable after regulators balked. Charter earlier offered $10.4 billion to purchase Bright House Networks, but may drop that deal now that Time Warner is potentially back on the market. And Time Warner is now talking to Bright House.

However they shake out, all of these potential deals have the same goal: to grow bigger by consolidation in a cable TV business struggling to find new customers.

Times staff


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