By Anne Becker -- Broadcasting & Cable, 5/11/2008 8:00:00 PM
Cablevision's Rainbow Media Holdings LLC says it will buy The Sundance Channel in a stock and cash deal valued at $496 million. Robert Redford owns a slice of Sundance, as do NBC Universal and CBS.
Cablevision already owns a similar "art house" movie channel, IFC (Independent Film Channel), but Cablevision said last week it will keep the channels separate. IFC has 42 million subscribers, and Sundance about 30 million, according to SNL Kagan.
MSNBC launches in high definition June 29 following major overhauls to its New York City control room and Washington D.C. studio. View images of the new control room and screenshots of the new HD picture for dayside programming. (Photos courtesy of NBC Universal)
In this week's edition of B&C TechTalk, senior editor Glen Dickson discusses transmission services provider Level 3 Communications, which is testing the delivery of uncompressed hi-def feeds of Denver Broncos home games from Invesco Field to the broadcaster carrying the game, using its Vyvx national fiber-optic network.
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