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January 15, 2013

In the Saddle—Bresnan Cable Cowboys to Ride Again

Following Bresnan’s transformation into Optimum West and likely soon something else (maybe Time Warner Cable given recent scuttle), its former management team is ready to pull the trigger on a new cable venture. Former Bresnan pres/CEO Jeff DeMond and former evp/CFO Andrew Kober are leading BCI Broadband, a partnership between the former Bresnan execs and BBH Capital, a private equity fund sponsored by Brown Bros Harriman & Co. First up is its acquisition of Allegiance Communications, which operates systems in AR, KS, TX and OK. Read on for what else is in store for the new cable venture.
 
More top stories in today’s CableFAX Daily:
 
Cable dominated the TV categories at the Golden Globes Sun night, with Showtime sweeping the drama category. HBO and History earned some Globes as well.
 
Arris will sell approx 10.6mln shares of its stock (valued at $150mln) to Comcast, its largest customer.
 
C-SPAN sees Sky Angel’s antitrust lawsuit as more of a devil in disguise, and it’s filed a motion to dismiss it. More on the dispute here.







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