Diamond's Request for Extension in Bankruptcy Rankles NBA, NHL [Yahoo! Finance]
Charter Communications, Inc. - Class A (CHTR)
Last charter communications, inc. - class a earnings: 5/1 07:00 am
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Source: Yahoo! Finance
plan, with financing agreements in place and a key court hearing scheduled for April 17. But the company's recent request for another extension of its solicitation-exclusivity period has sparked concerns among the NBA and NHL, which argue that further delays in the clarification process will cast a pall over their respective 2024-25 seasons. Late last month, Diamond submitted a fourth motion for entry to the United States Bankruptcy Court for the Southern District of Texas, Houston Division, in which the owner of the Bally Sports RSNs asked to push its filing deadline back to Sept. 14. If granted by Judge Christopher Lopez, DSG's request for an extension would push the drop-dead date to solicit acceptance of the re-org plan all the way to Nov. 14—a time frame that aligns with the statutory maximum allowed under the U.S. Bankruptcy Code. Diamond filed its request a week before it secured a new carriage deal with Charter Communications, the nation's second-largest pay-TV operator. A
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CHTR
News
- Paramount's New “Office of the CEO” Has a Big First Task: Not Letting CBS Go Dark With Charter [Yahoo! Finance]Yahoo! Finance
- Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives [MSNBC.com]MSNBC.com
- Diamond Sports Nears DirecTV Deal as Clock Ticks on Comcast Carriage [Yahoo! Finance]Yahoo! Finance
- TheGrio Lays Off Video, Pod Team, Managing Editor Over ‘Strategic Changes' [Yahoo! Finance]Yahoo! Finance
- Charter Communications, Inc. (NASDAQ: CHTR) had its price target lowered by analysts at Wells Fargo & Company from $290.00 to $260.00. They now have an "equal weight" rating on the stock.MarketBeat
CHTR
Earnings
- 4/26/24 - Miss
CHTR
Sec Filings
- 4/26/24 - Form S-8
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 4
- CHTR's page on the SEC website