Marcus Cable Explained

Marcus Cable Company
Logo Alt:Marcus Cable logo
Fate:Merged with Charter Communications
Successor:Charter Communications
Foundation:1982
Defunct:1999
Industry:Cable television
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.[1] 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 1994, Marcus, along with Charter Communications acquired the cable assets of Crown Media, a division of Hallmark Cards.[2] In 1995, Marcus acquired the cable assets of Sammons Communications, which was also based in Dallas, for $1 billion.[3] [4] In April 1998, entrepreneur Paul Allen purchased Marcus Cable for $2.775 billion through his investment arm Vulcan Ventures.[5] In February 1999, Marcus Cable was merged with Vulcan's Charter Communications.[6]

Notes and References

  1. News: Stull . Erica . Jeff Marcus . 27 September 2025 . Multichannel News . 9 March 2020 . en.
  2. News: Hallmark Agrees to Sell Crown Media Cable Unit . 27 September 2025 . The New York Times . 23 June 1994.
  3. News: Marcus Cable to buy Sammons cable assets . 25 February 2021 . UPI . 10 March 1995 . en.
  4. News: Sammons sells rest of cable assets . 25 February 2021 . UPI . 24 March 1995 . en.
  5. News: Allen acquires Marcus Cable. Peers. Martin. 1998-04-07. Variety. 2018-02-05. en-US.
  6. Web site: Marcus Cable Company, LP: Private Company Information - Bloomberg. www.bloomberg.com. 2018-02-05.