Comcast close to spinoff deal with Charter

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Charter CommunicationsCharter Communications could acquire nearly four million extra subscribers in a two-stage deal under discussion with Comcast. Charter and Comcast are working on a subscriber spinoff deal that would be contingent on Comcast’s completion of its proposed $45 billion takeover of TWC. As part of that acquisition, which would add TWC’s 11 million subscribers to Comcast’s 22 million existing subscribers, Comcast had said it would divest three million subscribers so its share of the pay-TV market wouldn’t rise above 30%.

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Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.