16 companies responded to NAMIC‘s employment report survey (5 MSOs, 11 programmers). DiversityInc administered the survey and also produces a list of top 50 diverse companies (across all industries). Non-whites in cable have grown, although at a slower pace than the top 50 and top telcos. Minorities in all levels of management have grown (19% in ’06, 24% in ’08), although senior management has remained flat. The top 50 and top telcos are besting cable in new minority hiring. 50% of cable companies surveyed had employee resource councils, but 98% of the top 50 had them. Cable boards average 13% non-whites and 15% women, on par with national averages but below the top 50.

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Altice USA Announces $2.5bln Buyback

Just a few days after giving up on its $8.4bln bid for Cogeco , Altice USA is repurchasing $2.5bln in shares. Altice stock jumped by 8.55%, closing at $35.03. The company said it has commenced a Dutch auction

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