The $1.2 billion deal represents a 22% premium over RCN's Thursday close.
Liberty's Starz Entertainment joins MGM and Miramax in looking at alternatives for its film studio.
Warner Bros., Playtech Ltd., making deals with video gaming companies as the space sees more consolidation.
Strategics, even beyond tech and healthcare, are reconsidering VC plays, and don't necessarily have an eye on future control.
Lately, the investment research firm has made a number of plays, as some investors are beginning to again make media plays.
Diversity is making a comeback, but dealmakers are following a recipe.
While content plays were a hot area for investor capital, portfolios have declined by 50 percent or more, experts say.
Gawker Media, the snark-ridden media empire founded by Nick Denton, has sold its Consumerist.com blog to the publisher of Consumer Reports.
Tribune Co., the publishing company acquired last December by real estate investor Sam Zell, has filed for bankruptcy protection in a Delaware court.
Newspapers in the US have been reduced to having to pinch pennies, as the print industry, as much as any other sector of the economy, is facing a downward spiral into an abyss of red ink.