Volatility typified a 3Q that ended Tues with the following YTD changes: Mediacom (+14%), DirecTV (+14%), Comcast (+7%), Cablevision (+2%), Time Warner Cable (-12%), Verizon (-27%), AT&T (-33%), DISH (-37%) and Charter (-38%). — Charter pres/CEO Neil Smit agreed Fri to a restatement and amendment of his employment agreement (effective Jul ’08) including: an extension of the term to Jun ’10; an increase in salary to $1.5mln/yr from $1.2mln; a target bonus increase from 150% of annual base salary to 200%, and a signing bonus of $2mln. Separately, a Charter subsidiary is offering to purchase an amount of outstanding senior notes not to exceed $100mln in order to reduce the MSO’s consolidated interest expense. — VOD net HealthiNation has secured $7.5mln in Series B funding led by Intel Capital. — AT&T announced a strategic investment in Zvents, a local search engine and ad network that uses event listings to promote local businesses.

The Daily


Shudder Hits 1mln Subs

AMC Networks ’ streaming service Shudder surpassed 1mln subscribers. The company said the SVOD’s growth

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