How the Internet Drives Cable Companies' Consolidation

John Malone, chairman of Liberty Media Corp. in 2012 Photograph by David Paul Morris/Bloomberg

Media mogul John Malone appears ready to get the U.S. cable industry into M&A mode. Three months after Malone’s Liberty Media acquired a 27 percent stake in Charter Communications, the fourth-biggest U.S. cable operator, Malone is angling to merge the company with Time Warner Cable, a company that is much larger and more profitable. Time Warner Cable has about 15 million customers, nearly three times as many as Charter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.