Chieftain Capital Management may have a future in copywriting—the owner of 60.5mln Comcast shares described the MSO’s management and board supervision as a "Comcastrophe"— but the cable giant continues to believe that its outlook remains bright. "Comcast continues to perform well, consistently delivering superior revenue and cash flow growth and significant free cash flow, despite a challenging economy and an increasingly competitive environment," said the MSO in response to Chieftain’s call for CEO Brian Roberts ‘ ouster. Comcast shares slid 2.18% Fri to close at $17.03. — Grande Comm has engaged Waller Capital to assist in exploring strategic alternatives to enhance shareholder value, including a possible sale. — Standard & Poor’s has removed EchoStar Comm from its CreditWatch following its recent split into 2 entities. S&P maintained EchoStar’s "BB-" corporate credit rating with a stable outlook.

The Daily

Subscribe

Paramount’s Reason for Settling Trump Lawsuit

With news breaking overnight of Paramount Global’s $16 million settlement of President Trump’s “60 Minutes” lawsuit, the company couldn’t ignore the elephant in the room during its annual shareholder meeting Wednesday.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Sep 11
2025 Faxies Awards Faxies Nominations Open! Final deadline: 4/4/25
Full Calendar

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Carley Ashley, [email protected], for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.