Marcus Cable
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| Industry | Cable television |
|---|---|
| Founded | 1982 |
| Defunct | 1999 |
| Fate | Merged with Charter Communications |
| Successor | Charter Communications |
| Headquarters | Dallas, Texas, USA |
Key people | Jeffrey A. Marcus |
Marcus Cable Company was an American cable television provider headquartered in Dallas, Texas, and founded by Jeffrey A. Marcus and the Milwaukee-based Marcus Corporation. It was the nation's largest closely held cable-television company and the ninth largest over all, with 1.1 million customers in 18 states, with its principal markets in Wisconsin, southern California, Alabama, Indiana, Tennessee, and Fort Worth, Texas. In 1995, Marcus acquired the cable assets of Sammons Communications, which was also based in Dallas, for $1 billion.[1][2] In April 1998, entrepreneur Paul Allen purchased Marcus Cable for $2.775 billion through his investment arm Vulcan Ventures.[3] In February 1999, Marcus Cable was merged with Vulcan's Charter Communications.[4]
References
[edit]- ^ "Marcus Cable to buy Sammons cable assets". UPI. 10 March 1995. Retrieved 25 February 2021.
- ^ "Sammons sells rest of cable assets". UPI. 24 March 1995. Retrieved 25 February 2021.
- ^ Peers, Martin (1998-04-07). "Allen acquires Marcus Cable". Variety. Retrieved 2018-02-05.
- ^ "Marcus Cable Company, LP: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-02-05.
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- Mass media companies established in 1982
- 1982 establishments in Texas
- Mass media companies disestablished in 1999
- 1999 disestablishments in Texas
- 1995 mergers and acquisitions
- 1999 mergers and acquisitions
- Cable television companies of the United States
- Defunct companies based in Texas
- Companies based in Dallas
- United States mass media company stubs