At a hearing of the antitrust subcommittee, some representatives questioned Comcast’s decision after its takeover of NBCUniversal to drop RFD-TV from cable service in two states.
The arrangement with Comcast, which has agreed to acquire Time Warner Cable, would allow Charter Communications to become the country’s second-largest cable operator.
Since Comcast announced its deal for Time Warner Cable, its shares have fallen about 10 percent, meaning Time Warner Cable investors are receiving about $140 a share instead of nearly $159.
Rob Marcus, who became chief executive of Time Warner Cable in January, will receive nearly $80 million if the deal to sell the company to Comcast closes.
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With Comcast proposing to buy Time Warner Cable, other companies that own cable networks are watching nervously, and may look to consolidate.
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Comcast was not intensely engaged with Time Warner Cable until about 10 days or so prior to the announcement of the $45 billion acquisition, according to Comcast’s chief.
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Comcast will announce a deal to acquire Time Warner Cable in an all-stock deal that will unite the first- and second-largest cable television operators in the country, according to people briefed on the matter.
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In its most aggressive move yet to take over Time Warner Cable, Charter is proposing a full slate of directors to its target’s board.
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Charter Communications has been vocal about its desire for a deal with Time Warner Cable, and it is preparing an offer that mixes cash and Charter stock.
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John C. Malone, the chairman of Liberty Media, is working behind the scenes to gain control of Time Warner Cable, seeking a second act in an industry he once dominated.
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CBS and Time Warner have been at odds over what are known as retransmission fees, which cable companies have increasingly been compelled to pay to broadcasters.
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John C. Malone is weighing a deal for Time Warner Cable, using Charter Communications as the merger partner, people briefed on the matter said.
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Time Warner Cable is discovering that there is more to a name change than just changing the name.
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