Disney looking at MVPD merger impact
Disney is evaluating how the planned merger of AT&T and DirecTV will affect its business, according to
Wells Fargo meets with Nexstar
Marci Ryvicker, Wells Fargo Securities Senior Analyst, writes that after hosting investor meetings with Nexstar’s management this week, they came away “incrementally positive on the story.” They spent some time on the road this week (5/19 and 5/20--NYC & Boston) with CEO Perry Sook and CFO Tom Carter, and “we liked what we heard on M&A and the regulatory environment, net retrans, core ad growth, and digital. Bottom line, we like the story, esp. at a 15% blended FCF yield and reiterate our Outperform.
CSC Holdings announces pricing of $750M in senior notes
CSC Holdings LLC, a subsidiary of Cablevision Systems Corp., has priced an offering of $750 million in aggregate principal amount of 5.25% senior notes due 2024. The offering is expected to close 5/23. CSC intends to use the net proceeds of this offering and cash on hand to repay a portion of its existing credit facility.
Fitch rates Time Warner’s proposed notes issuance ‘BBB+’
Fitch Ratings has assigned a 'BBB+' rating to Time Warner’s proposed issuance of five- 10- and 30-year notes and debentures. The proceeds are expected to be used for general corporate purposes, including share repurchases. Fitch has a 'BBB+' Issuer Default Rating (IDR) for Time Warner. The rating outlook is Stable.
Viewers’ TV time affects how advertisers dish dollars
As the network television Upfronts come to a close, the battle for advertising budgets will begin. And with many networks premiering new shows and potential hits, there’s no doubt that advertisers will look to gain every advantage when trying to optimize their advertising dollars, says a Nielsen post.
House hits FCC on net neutrality; Interesting retrans comment from Wheeler
Guggenheim Partners DC policy analyst Paul Gallant says
AMC to premiere “Halt and Catch Fire” on Tumblr
AMC says it is using the social media site Tumblr to premiere its new series about the early days of personal computing. "Halt and Catch Fire," began as a sneak preview 5/19 on Tumblr. It will air the first time on AMC on 6/1. The series is set in the early 1980s and
AT&T-DirecTV buy kick-starts multiscreen video battle
In Yankee Group’s newest report, “AT&T DirecTV Buy Kick-Starts Multiscreen Video Battle,”
Time Warner Cable countersues city of Los Angeles
Time Warner Cable is countersuing the City of Los Angeles after the city filed suit against it, claiming
Telemumdo International, TVN Chile sign production deal
Telemundo Internacional and Televisión Nacional de Chile (TVN) announced an international coproduction deal for the new original super series
Pay-TV reforms would hurt low-income, underserved communities
The cable industry is gaming the system, and it shouldn't surprise you that they are stacking the deck against consumers yet again. As talks continue in Washington, D.C. regarding the reauthorization of the Satellite Television Extension and Localism Act (STELA), the unified pay-TV lobby is attempting to rip-off and mislead American consumers while working to increase the cable and satellite industry's record profits.
Nexstar buys cloud-based CMS platform
Nexstar Broadcasting acquired the stock of Enterprise Technology Group, provider of cloud-based
Nielsen Twitter TV Ratings gets demographics
Nielsen announced the launch of demographic data for Nielsen Twitter TV Ratings. Delivered overnight
AT&T buying DIRECTV for $48.5 billion
The rumors were flying since 5/13: AT&T will acquire DIRECTV in a stock-and-cash transaction for
Warren Buffett eyeing Liberty Global
Warren Buffett's investing lieutenants, Ted Weschler and Todd Combs, appear increasingly enthusiastic














