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Tag Archive: Mark Cuban

Icahn Launches Yahoo Proxy Battle

Billionaire American financier Carl Icahn isn’t pleased that Yahoo didn’t accept Microsoft’s unsolicited offer to buy the company, even after a protracted and surprisingly public courtship dance. He’s so upset, in fact, that he’s sent a letter to Yahoo’s chairman Roy Bostock that he has formed a 10-member group that he hopes to install on Yahoo’s board of directors, who will in turn push the company to accept a Microsoft takeover at $33 per share.

Icahn also says he has acquired 59 million shares of the company, is seeking antitrust approval from the FTC to acquire another $2.5 billion in Yahoo stock.

Tune Into GoogleTube

Last week’s speculation is this week’s fact: Google has just announced it plans to purchase the popular online video site YouTube for $1.65 billion.

According to Google, YouTube will continue to operate independently under its own brand to preserve its identity and maintain the loyalty of its user community, while the two companies aim to provide a “better, more comprehensive” way for users to find, watch, and share online videos. The acquisition is also expected to open up new opportunities for mainstream content providers—e.g., music labels, television networks, movie studios, and game developers—to distribute material to the online audience.

Mark Cuban Gets Sirius Talk Show

Dallas Mavericks’ owner and all around outspoken guy Mark Cuban is coming to satellite radio, satellite radio provider Sirius announced today. They’ve exclusively signed Cuban to do a new “wide-ranging weekly talk show” for them.

Radio Maverick, the name of Cuban’s new show, will start airing this summer Sundays from 12-2 pm ET on Sirius’s channel 102 (Sirius Stars). He will reportedly take calls from listeners and chat with “prominent guests” as part of a weekly talk about sports, business and everyday life.

Akimbo Offers Up HD, Free MLB Content

Akimbo Systems today made two announcements related to content offerings for their subscribers. One involves high definition programming and the other is focused on a partnership with Major League Baseball.

With regards to high definition programming, said Akimbo, users of the Akimbo Service for Windows XP Media Center Edition will be able to download select titles from the library of HDNet, a 24-hour all high definition network co-founded by Mark Cuban, for viewing on on subscribers’ monitors or high definition televisions.

Supreme Court to Decide on P2P Case

“The Supreme Court expressed concerns Tuesday over allowing entertainment companies to sue makers of software that allows Internet users to illegally download music and movies, questioning whether the threat of such legal action might stifle Web innovation.

During a lively argument, justices wondered aloud whether such lawsuits might have discouraged past inventions like copy machines, videocassette recorders and iPod portable music players

Time Warner Adds HDNet Content To Line-up

The two channels will accompany iN DEMAND’s two INHD channels on a high definition destination tier, available to Time Warner Cable HD customers at an incremental retail cost.

Time Warner Cable continues to deliver the most robust HD lineup in the industry with high definition programming from ABC, NBC, CBS, FOX, PBS, WB, UPN, HBO, Showtime, Discovery HD Theater, NBA-TV and select Fox Sports Net regional sports networks.

DirecTV to offer Pay-HDTV channels

Currently, DirecTV’s HD channels include HDNet, HBO and Showtime. All but HDNet require additional monthly fees and this proposed new HD offering would be an additional fee above those charged forHBO and Showtime. Would subscribers with HDTV receivers pay the fees? Absolutely, they have invested in a new TV system along with a $700 receiver but they complain they don’t get enough in the termsof great HDTV content. HDTV early adopters are like Tyrone Biggums at a 5 o’clock free-crack-giveaway (watch Chapelle’s Show on Comedy Central for more insight on Tyrone Biggums) when it comes tomore HD content. Even more importantly, many people have only digital satellite as their source for HDTV service since not all cities have broadcast channels and or digital cable that featureHDTV.

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