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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Public Knowledge Event Tackles FCC, Public Interest

With Congress not yet holding any oversight hearings on independent agencies, such as the FCC and FTC, frequent GOP critic Public Knowledge decided to hold its own Wednesday.

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