Time Warner Cable commenced an underwritten public offering of debt securities with maturities of 5 and 10 years. To be used in part to fund the MSO’s 1-time dividend related to its planned spin off, the securities will be guaranteed by TW NY Cable Holding and Time Warner Ent. Fitch assigned an investment-grade "BBB" rating to the notes. — Discovery Comm founder John Hendricks this week bought 1mln shares of Discovery Comm stock on the open market for nearly $14mln, according to an SEC filing.

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Local Now added several FAST channels Thursday including shopping channels QVC and HSN . Pan-African content provider Demand

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