charter communications is a public business.
charter communications is a public business.
what type of business is the company charter communications?
public
in addition to holding publishing and communication assets, advance serves as the holding company for the family's 31% stake in cable entertainment company discovery inc. advance also owns a 13% stake in charter communications, which it received when bright house networks merged with charter. in august 2018, advance/newhouse ("a/n") notified charter communications that it intends to establish a credit facility collateralized by a portion of advance/newhouse common units in charter communications holdings, llc. that same month, condé nast ceo announced his five-year strategy to generate $600 million in new revenue from new revenue streams while driving costs out of the business.
advance publications
bullet::::- centel cable television (was the nation's 22nd largest cable company): in 1989, centel sold all of its cable operations in 6 separate transactions. southeast florida operations were sold to adelphia communications (then taken over by comcast), ohio operations to warner cable (then time warner cable, later to charter communications), central florida operations to american television and communications corporation (a subsidiary of time inc., then time warner cable, later to be spun off as bright house networks, and ultimately acquired by charter communications), kentucky operations to simmons communications (later to frontiervision, then adelphia, then time warner cable, and ultimately charter communications), michigan operations to c-tec (later michigan cable, then avalon cable, then charter communications) and illinois operations to jones intercable (then taken over by comcast) for a combined total of $1.4 billion. the price yielded a net gain of over $500 million to centel.
centel