- Time Warner Cable (TWC -0.6%) CEO Rob Marcus says the regional L.A. Dodgers channel will launch in February with all its distribution deals not yet in place. The exec exudes confidence, but the cable operator clearly needs to get deals done to improve subscriber counts for the sports package.
- The company expects to see stable margins despite increasing programming and capital-intensive initiatives. Service revenue could help boost margins and some tightening on SG&A spending.
- Marcus seems to dismiss the Bloomberg story from last week indicating the company was a lock to take a buyout offer in the $150-$160 range. He does note the significant positive impact consolidation in the media industry could bring as programming costs are shared.
- UBS Global Media and Communications Conference Webcast
Heard during Time Warner Cable's media conference presentation
Dec 9 2013, 10:45 ET