Pali analyst Rich Greenfield has downgraded debt-stricken Charter to ‘neutral’ from ‘buy’ and trimmed both ’08 and ’09 estimates for the MSO, although he still believes Charter will "notably outperform its cable industry peers" this year and next. "With the risk of bankruptcy rising and CHTR’s pursuit of a massive debt for equity swap (enabling the company to finally be free cash flow positive) that would likely leave insignificant value for current equity holders," wrote Greenfield.

The Daily

Subscribe

Programming

AMC Studios entered into exclusive, multi-year overall deals with Peter Ocko (“Lodge 49”) and J David Shanks (“61st Street”) to develop and produce new

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