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Time Warner Cable Inc. (TWC)

  • Jul. 19, 2013, 3:37 AM
    Charter Communications (CHTR) is reportedly working with Goldman Sachs to acquire Time Warner Cable (TWC) in a move that's part of an attempt by John Malone, whose Liberty Media (LMCA) owns 27% in Charter, to rebuild his U.S. cable empire. Buying TWC, which rebuffed Malone's maneuvering earlier this year, would be a stretch for Charter, due to its high debt and its market cap of$12.6B vs TWC's $33.14B. Notwithstanding, TWC shares jumped 8% in AH trading.
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  • Jul. 15, 2013, 2:06 AM
    Time Warner Cable (TWC) was still in talks to acquire a holding in Hulu even after an auction for the video-streaming service was abandoned, Bloomberg reported over the weekend, and an agreement could be reached within two weeks. The speculation appears to contradict a statement on Friday from Hulu's owners - Fox (FOXA), Disney (DIS) and Comcast (CMCSA) - that they "will maintain their respective ownership positions" in the video-streaming service. In the auction, TWC had bid for a 25% stake.
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  • Jul. 12, 2013, 1:26 PM
    Hulu's old media owners (DIS, CMCSA, FOXA) have decided not to sell the company, or even a stake in it, and will instead provide a $750M cash infusion while maintaining their current equity positions. Reported demands for a slew of streaming/licensing restrictions likely helped scuttle buyout/investment talks with the likes of DirecTV (DTV), Time Warner Cable (TWC), and AT&T/Chermin (T), much as they helped scuttle 2011 talks. Netflix (NFLX +4.4%) is probably pleased. (previous)
  • Jul. 9, 2013, 1:32 PM
    Time Warner Cable (TWC +2.7%) works out an agreement with Universal Sports Network to expand the sports programming available for TWC Sports Pass subscribers. Some of the well-known events carried by the network include the Kona Ironman, Boston Marathon, and World Figure Skating Championships.
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  • Jul. 9, 2013, 3:31 AM
    Hulu has reportedly received acquisition offers from DirecTV (DTV) and a consortium comprising Guggenheim Digital Media and private-equity firm KKR (KKR), as well as from a group made up of AT&T (T) and Chernin. Time Warner Cable (TWC) offered to acquire a stake and become an investor alongside Hulu's owners, 21st Century Fox (FOXA), Disney (DIS) and Comcast (CMCSA). There's no word on bid amounts, although DirecTV has offered over $1B in the past.
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  • Jul. 8, 2013, 9:19 AM
    DirecTV (DTV) and pay-TV peers Time Warner Cable (TWC) and Charter Communications (CHTR) reportedly are seeking over-the-top rights from programmers in what could be a development that rattles the industry. In theory, if a cable/satellite operator landed enough OTT deals with programmers it could offer an Internet service which would compete in regions served by its rivals.
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  • Jul. 7, 2013, 1:09 AM
    AT&T (T) and Chernin Group have reportedly submitted a joint offer to acquire Hulu from Disney (DIS), 21st Century Fox (FOX) and Comcast (CMCSA), although it's not clear if the previous suitors of the Internet video service made bids ahead of the deadline on Friday for binding proposals. Those suitors include DirecTV (DTV), Yahoo (YHOO), Time Warner Cable (TWC) and KKR (KKR). Chernin is led by Peter Chernin, who founded Hulu when he was a senior exec at News Corp. (Previous)
  • Jul. 5, 2013, 1:36 PM
    Global pay TV revenue is forecast to top $400B by 2017, up from last year's level of $287B, as emerging markets more than make up for a fragmented audience in North America. What to watch: How cable/satellite operators (DISH, DTV, CMCSA, TWC, CVC, CHTR) participate in business ventures outside of North America could determine which companies emerge from the pack.
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  • Jul. 5, 2013, 10:04 AM
    Negotiations between CBS (CBS +0.8%) and Time Warner Cable (TWC -0.6%) could last several weeks, according to Variety. Negotiations between the two companies are more complex this go-around with issues such as TV Everywhere and VOD looming as major considerations. At the end of the day, CBS is expected to land close to $1 per subscriber in retransmission fees from the cable operator.
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  • Jul. 3, 2013, 12:36 PM
    A Time Warner Cable (TWC +2.3%) deal with Apple could either be a game-changer or "unexciting" depending upon the direction a partnership would take, according to BTIG. A simple app might be a nice step forward for TWC subscribers, but a full-fledged next-generation TV service could be the development that actually excites investors. The latter would give Apple a chance to redefine the navigation experience of live TV, recorded programming, and on-demand content in a single interface. (Previous: AAPL-TWC deal, partnership details)
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  • Jul. 2, 2013, 4:55 PM
    More on Apple/Time Warner Cable: Sources claim the deal will give Apple TV (AAPL) users access to Time Warner Cable's (TWC) TV channels, and that an announcement is expected within a few months. The partnership appears to resemble the ones TWC has with Roku and Microsoft (for the Xbox), rather than the kind of reseller deal suggested by past reports. Apple reported selling 2M+ Apple TV units in the Dec. quarter, and has sold 13M+ to date. (game controller support)
  • Jul. 2, 2013, 4:03 PM
    Apple (AAPL +2.3%) is close to a TV content deal with Time Warner Cable (TWC -1.3%)and has hired Hulu exec Pete Distad to handle negotiations, Bloomberg reports. The news service once reported Apple has made the most progress with TWC in its talks to provide set-top boxes to pay-TV providers, and TWC (unlike some of its peers) has said it's comfortable giving up control of the UI for hardware carrying its services, provided it can maintain control of the customer relationship. The WSJ has also reported of Apple/TWC talks.
  • Jul. 2, 2013, 7:59 AM
    The deal by Tribune Company (TRBMF.PK) to buy 19 local TV station sets the stage for a major battle over re-transmission fees in the industry. During a conference call yesterday, Tribune CFO Chandler Bigelow forecast the company would earn 10% to 20% more from retransmission fees in the near future in a development that could also be positive for Meredith (MDP), Sinclair Broadcast Group (SBGI), Media General (MEG), Nexstar Broadcasting Group (NXST), Gray Television (GTN), Lin TV (TVL), and CTC Media (CTCM) - although it's unlikely cable/satellite operators (TWC, CVC, CMCSA, CHTR, DTV, DISH) will buck up without a fight.
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  • Jul. 1, 2013, 12:55 PM
    Wunderlich thinks Cablevision (CVC +9%) is worth at least $25 per share in a potential acquisition by Liberty Media (LMCA +0.4%) or Time Warner Cable (TWC -1%). The investment firm thinks the large stake held by the Dolan family tip the scales in the favor of Liberty Media if a bidding war breaks out.
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  • Jul. 1, 2013, 9:55 AM
    Cable stocks (TWC, CVC, CHTR) might have run up too high on M&A speculation, warns Moffet Research's Craig Moffett. Though some industry consolidation is likely, at least a few companies could get behind to leave investors on the short end of the stick.
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  • Jun. 30, 2013, 1:50 AM
    Time Warner Cable (TWC) has reportedly contacted Cablevision (CVC) and Cox Cable about buying them as TWC looks to grow through acquisitions rather than be bought by John Malone's Liberty Media (LMCA), which owns 27% of Charter Communications (CHTR). While talks with Cox and Cablevision haven't led too far, the latter's founder and Chairman, 86-year Chuck Dolan, could be ready to sell. As for Liberty, TWC believes a tie-up for Charter would add too much debt and it is skeptical about prospective synergies.
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Company Description
Time Warner Cable Inc provides video, high-speed data and voice services. The Company also offers security and home management services, networking and transport services and enterprise-class, cloud-enabled hosting, managed applications and services.
Sector: Services
Industry: CATV Systems
Country: United States