Marcus Cable Company was an American
cable television
Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with bro ...
provider headquartered in
Dallas
Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
,
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
, and founded by Jeffrey A. Marcus and the
Milwaukee
Milwaukee is the List of cities in Wisconsin, most populous city in the U.S. state of Wisconsin. Located on the western shore of Lake Michigan, it is the List of United States cities by population, 31st-most populous city in the United States ...
-based
Marcus Corporation
The Marcus Corporation is an American publicly held company headquartered in Milwaukee, Wisconsin. The company operates two principal divisions: Marcus Theatres and Marcus Hotels and Resorts.
History
Marcus Corporation was founded on Novembe ...
. 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. In April 1998, entrepreneur
Paul Allen
Paul Gardner Allen (January 21, 1953 – October 15, 2018) was an American businessman, computer programmer, and investor. He co-founded Microsoft, Microsoft Corporation with his childhood friend Bill Gates in 1975, which was followed by the ...
purchased Marcus Cable for $2.775 billion through his investment arm
Vulcan Ventures. In February 1999, Marcus Cable was merged with Vulcan's
Charter Communications
Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. The company is headquartered in Stamford, Connecticut.
With over 32 million customers in 41 states as of 2022, it is the ...
.
References
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
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