▁Media , ▁which ▁was ▁subsequently ▁sold ▁to ▁Com cast ▁in ▁ 2 0 0 7 . ▁The ▁own ers ▁of ▁Patri ot ▁Media ▁were ▁later ▁t apped ▁to ▁over see ▁R CN ▁and ▁Grande ▁under ▁AB RY ▁Part ners ▁as ▁Patri ot ▁Media ▁Cons ult ing . ▁ ▁On ▁March ▁ 2 0 , ▁ 2 0 0 6 , ▁R CN ▁bought ▁Cons olid ated ▁Ed ison ▁Communic ations ▁Hold ing ▁Co ., ▁a ▁subs idi ary ▁of ▁Cons olid ated ▁Ed ison , ▁for ▁$ 3 2 ▁million ▁and ▁$ 7 ▁million ▁in ▁working ▁capital . ▁ ▁On ▁August ▁ 1 8 , ▁ 2 0 0 6 , ▁R CN ▁announced ▁it ▁was ▁s elling ▁its ▁San ▁Francisco ▁operations , ▁representing ▁ 1 8 , 0 0 0 ▁subscri bers , ▁to ▁Ast ound ▁Broad band ▁for ▁$ 4 5 ▁million . ▁ ▁On ▁September ▁ 1 3 , ▁ 2 0 0 6 , ▁Blo om berg ▁News , ▁cit ing ▁two ▁anonymous ▁sources , ▁reported ▁that ▁R CN ▁h ired ▁the ▁Black stone ▁Group ▁to ▁examine ▁the ▁possibility ▁of ▁putting ▁the ▁company ▁up ▁for ▁sale . ▁ ▁On ▁August ▁ 1 5 , ▁ 2 0 1 6 , ▁the ▁Chicago ▁Trib une ▁reported ▁that ▁T PG , ▁a ▁Texas - based ▁private ▁equ ity ▁firm , ▁has ▁agreed ▁to ▁buy ▁R CN ▁Tele com ▁Services ▁for ▁$ 1 . 6 ▁billion , ▁giving ▁it ▁control ▁of ▁one ▁of ▁Chicago ' s ▁largest ▁cable ▁prov iders , ▁the