Business/Finance
Leo Hindery’s InterMedia Outdoors Holdings acquired The Sportsman Channel for an undisclosed amount. The deal will integrate several sales and marketing functions across the 2 entities and involve the production by InterMedia of new original shows for the net. The Sportsman Channel founder C. Michael Cooley will continue to serve as pres/CEO. — Credit Suisse upgraded the entire cable industry Mon, and upgraded both Charter and Mediacom to ‘outperform’ from ‘neutral’ while maintaining an ‘outperform’ rating on Comcast. Meanwhile Pali Capital raised its price target on Charter to $5.25 from $4.50, citing confidence in the MSO’s execution. "We believe the groundwork laid by a new (and simplified) management team is just beginning to bear fruit, with growth set to accelerate notably over the coming 12-24 months."