Time Warner Cable is likely even more attractive to Sanford Bernstein after the MSO’s share price slumped 2.5% Mon amid a broad sell-off to close at $21.91, just 27 cents off its 52-wk low. During after-hours trading, the shares dipped to $21.30. TWC is Sanford’s top pick among telecom, cable/satellite players for the next 6-12 months as it "offers investors strong growth in a strong and economically-defensive business, and one that is rapidly gaining share versus its telco rivals." After its planned split from Time Warner later this year, Sanford said the MSO will improve "on all equity-based valuations, including PE multiples and FCF yields." Given the depressed US economy, however, TWC and its cable brethren may not see notable short- to mid-term share price gains regardless of competitive success or balance sheet improvements. Charter shares closed Mon at 62 cents, and matched a 52-wk low of 61 cents after the bell. Cablevision dropped 7.3%, Mediacom 5.5% and Comcast 1.2%. — Multiplatform ad firm BlackArrow got a new $20mln financing round from existing investors Comcast, Cisco, Intel, Mayfield Fund and Polaris Venture Partners. BlackArrow’s tech allows for ad placement on broadband video and VOD, plus unskippable spots on DVRs.

The Daily


DISH Taps WCI for 5G Marketing

DISH’s wireless division is teaming up with WCI Technologies to market 5G services to enterprises.

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


Jan 21
Cablefax 100 – 2022 Nominations Due: January 21, 2022
Mar 11
The FAXIES 2022Entry Deadline: March 11
Apr 1
Cablefax Top Ops – 2022Nominations Due: April 1, 2022
Jun 3
The Diversity List – 2022Nomination Deadline: June 3
Aug 12
Most Powerful Women – 2022Nominations Due: August 12
Full Calendar


Seeking an INDUSTRY JOB?

Hiring? 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 John@cynopsis.com for more information.