Scripps Networks Interactive, owner and operator of the Food Network and HGTV lifestyle television networks, is to acquire a controlling interest of 65% in the Travel Channel at a $975 million valuation and enter into a joint venture with current owner Cox Communications.
The network, which will be controlled by Scripps, was put up for auction last Summer and attracted interest from other… → Read More
Google announced today that it will give end users the tools to figure out whether internet service providers are interfering with their broadband connections by blocking or “throttling” certain applications.
In a move that will undoubtedly ignite the issue of network neutrality, the company has partnered with the New America Foundation and Planet Labs to further devlop Measurement Labs, an… → Read More
We’ll soon have another wireless provider to be annoyed with. Cox Communications—yes, the cable company—plans to enter the wireless game next year piggybacking on on Sprint’s network; it will launch its own 3G network, sans Sprint, before the end of 2009. (It’s also moving toward its own 4G, using LTE, network, but that’s a further out.) Cox is moving into this… → Read More
As strange as it might sound, cable company Cox Enterprises is acquiring Adify, according to the Washington Post (although it wouldn’t be so strange if the acquirer was actually parent company Cox Enterprises, which owns various media properties including Cox Communications). The deal would make it a ten-bagger for investors Venrock, US Venture Partners, NBC’s Peacock Equity fund, and… → Read More
Whenever cable companies feel threatened, they form a joint venture. The latest is called Project Canoe, an effort by all six major cable companies in the U.S. to deliver targeted TV ads to viewers through their set-top boxes. The NYT reports: Collectively, the cable companies will initially put about $150 million behind the effort in order to build a national service that can sell targeted… → Read More
The deadline to apply to participate in the FCC’s upcoming auction of wireless 700 MHz spectrum passed on Monday. And we still don’t know exactly who the bidders will be. But we have a pretty good idea. Google is in. So is AT&T, Frontline Wireless, and Craig McCaw’s Clearwire. Comcast and Time Warner are out. But Cox Communications is in. Verizon Wireless isn’t saying… → Read More