Latest in Altice USA

As an impasse with AT&T continues into a second week, CBS Corp. has reached a carriage deal with Altice USA, a major cable provider. The new deal covers retransmission consent for CBS-owned stations and the carriage of Showtime, CBS Sports Network, Pop TV and Smithsonian Channel on the Optimum and Suddenlink cable…

In the latest land grab in ad-supported streaming, cable and broadband provider Altice USA is paying $200 million to acquire news network Cheddar. Cheddar’s twin business and news networks are available in 40 million pay-TV homes through a range of MVPD and internet bundles, including on Altice, Charter and Comcast…

While it remains off the air on Dish Network systems, Univision secured an important carriage beachhead, renewing its distribution deal with Altice USA. Under the deal, Altice will continue to carry Univision, UniMás and several other networks. Altice will also make Fusion TV available to its customers and expand…

The $17.7 billion acquisition of Cablevision by France-based telecom giant Altice marked the end of an era for the New York media world in 2016. The longtime cable operator was rebranded, though its Optimum system kept its name, while and Cablevision’s omnipresent Dolan family refocused its attention on Madison Square…

Altice USA has responded to the two petitions filed with the FCC this month by Starz, seeking relief in the companies’ three-week-old carriage dispute. Not surprisingly, the response does not hold back, saying one of the two Starz petitions is "untimely and has no basis in fact, law, or policy. It is simply a…

UPDATED with Altice response. As the Starz-Altice USA carriage dispute drags on, the Lionsgate-owned network has filed two separate petitions with the FCC that aim to force the cable company to restore it on New York-area Optimum systems. The No. 2 premium network has been dark for Optimum’s 4.9 million customers…

Altice USA has seen its share price drop by 11% on triple its average trading volume today, reaching $22.12, well below its initial public offering price of $31.60 in June, but top executives say they are not planning any emergency measures. "We are comfortable with the leverage that we have," said Dennis Okhuljsen…

Altice USA and Disney announced they have resolved their carriage dispute just minutes after the 5PM ET dealine, saying they had extended the deadline in order to finalize the agreement. The companies released a basic joint statement reading: “We have reached an agreement in principle and have extended the deadline…

Due to the Yom Kippur holiday, which begins at sundown tonight and ends Saturday night, Altice and Disney have agreed to extend the expiration of their carriage contract through 5 PM ET Sunday, October 1, Deadline has confirmed. Apart from that one agreement on timing, there are no signs of movement in a struggle that…

On a down day for most media stocks and the broader markets, Altice USA shares perked up as the cable company dug in for a carriage standoff with Disney that could go down to the Saturday night wire. In late-session trading, the company's shares were up more than a percentage point, to $27.64, on lighter-than-average…

Altice shares are down 5.2%, and Charter Communication’s up 3.2%, after CNBC reported that Patrick Drahi’s European telecom company is thinking about making a $200 billion offer for the No. 2 U.S. cable company. Although it’s not certain yet that Altice will pull the trigger, it “seems likely,” the report says, as…

Investors gave Altice USA a warm — although not exuberant — welcome this morning exactly one year after it became the nation’s No. 4 cable operator with its acquisition of Cablevision. New shares in Altice USA that sold for $30 apiece in yesterday’s $1.92 billion IPO are up about 5.9% in mid-day trading. This was the…