06.27.2002 12:00 AM
Adelphia Files for Bankruptcy, Receives New Funding
Pennsylvania-based Adelphia Communications Corp., the sixth-largest cable company in the country, has filed for Chapter 11 bankruptcy in New York along with 200 its subsidiaries.

The filing in bankruptcy court will allow the company to continue its daily business in supplying cable and restructure its debt without an immediate need to sell assets.

Adelphia also received $1.5 billion in debtor in possession (DIP) financing from JPMorgan Chase Bank and Citigroup USA Inc to fund continuing operations and technology upgrades.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Thursday 11:07 AM
The Best Deconstruction of a 4K Shoot You'll Ever Read
With higher resolutions and larger HD screens, wide shots using very wide lenses can be a problem because they allow viewers to see that infinity doesn’t quite resolve into perfect sharpness.

David Goggin /   Wednesday 03:01 PM
Sommer Introduces New Hybrid Cable at InfoComm
Clyne Media, Inc /   Wednesday 10:41 AM
Guitar Center and DirecTV Present Muse Live from The Mayan

Featured Articles
Exhibitions & Events
Discover TV Technology