Silver Spring, Md. - In major step to becoming a public company, Discovery Holding Company (DHC) and Advance/Newhouse Programming Partnership said that they have agreed to combine their stakes in Silver Spring-based Discovery Communications, a move that leads the way for the company to become publicly listed.

Silver Spring, Md. - Discovery Holding (NASD: DISCA) and Advance/Newhouse Programming Partnership said on Thursday that they will combine their stakes in Discovery Communications to spin-off the cable television programmer into a new publicly traded company. John Malone, the chairman and CEO of Discovery Holding, said that the deal would "unlock the full potential and value of Discovery, and provide a broader range of options to pursue their aggressive growth strategy in the future."

San Jose, Calif. - Broadband network chipmaker BroadLogic announced that it has raised $17 million in a new round of financing, led by Comcast Interactive Capital.