Jan. 1, 2013, 8:00 AMLodgeNet Interactive (LNET) has filed for bankruptcy protection as part of a plan in which Californian investment firm Colony Capital will take over 100% ownership of the provider of TV, Internet and other media services to hotels and health-care businesses. Colony will invest $60M to support LodgeNet, whose unsecured creditors will be repaid in full, while DirecTV (DTV) will extend its partnership with the company. | 1 Comment
Feb. 22, 2012, 5:38 PM
Jan. 19, 2011, 2:17 PMWeb and TV services provider LodgeNet (LNET) is -16.9% after Craig Hallum Capital downgraded it to Neutral from Accumulate. Craig Hallum claims one of LodgeNet's biggest hotel chains will ban displaying adult movies, which will hurt revenues. LodgeNet says customers could always block mature entertainment. | Comment!
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