Talks are progressing between Louisville Metro Government and Insight Communications. The two parties have been negotiating all year over a new contract that governs Insight’s operations. The city wants the cable provider to continue to giving free service to schools and government buildings, to continue giving free cable boxes to elderly and disabled customers and […]
Tag Archives: cable
Insight Rebukes City’s Attempt to Cancel Contract
Insight Communications says Metro Government has overreached in its threat to end the cable provider’s contract with the city. Insight’s franchise agreement expired last year, but the provisions have remained in effect as the mayor’s office has negotiated a new contract. After months of negotiations with no agreement, the mayor’s office announced last week it […]
As Power Restoration Winds Down, Insight Monitors Cable Connections
Electricity has been restored for most Louisville residents, but several people found that when their lights came on, their Internet connections and cable television did not. Cable often follows the same path as power lines, and Louisville Gas and Electric has priority access to damaged connections and poles. “Typically, we are there on site when […]
Time Warner to Buy Insight for $3 Billion
Cable giant Time Warner, Inc. will buy Insight Communications for $3 billion. Insight put itself up for auction earlier this year and attracted a host of large bidders. The bids at that time, however, were lower than Insight had reportedly sought, according to sources close to the deal. Company officials did not comment on the […]
Speculation Increases Around Possible Insight Sale
Officials with Insight Communications remain tight-lipped about the company’s potential sale. The company put itself up for auction in March. The Wall Street Journal cites sources close to the deal who say final bids for the company have come in at around $3 billion and potential buyers include Time Warner Cable, midwestern cable provider Mediacom and […]
Committee Approves Insight Agreement Extension
Just four members of the public addressed the committee on Insight’s agreement and three of the speakers work for the cable provider. But the council members provided harsher comments as they questioned the company’s rates and programming options.