Time Warner Cable CEO Glenn Britt is said to have held a recent meeting with Greg Maffei, his counterpart at Liberty Media, to discuss potential cable industry mergers. The talks reportedly didn't include a concrete deal, and some sources say Time Warner Cable is likely not interested. However, the news raises speculation that consolidation is coming in the cable industry, especially with Liberty Media recently taking a 27% stake in Charter Communications and Liberty Chairman John Malone declaring Charter a "horizontal acquisition machine."

Related Summaries