Charter has asked financial advisor Lazard to discuss with its bondholders financial alternatives to improve the MSO’s balance sheet—which currently counts approx $900mln in cash on hand and cash equivalents, and approx $21bln in debt. Such improvements "will better position Charter for the future while we continue to focus on delivering quality service to our customers and growing our business," said pres/CEO Neil Smit in a Fri release. This latest strategic move comes as Charter’s share price has plummeted to 13 cents, down from $1.17 in Jan, and amid its muddled long-term outlook. Execs have repeatedly said that solvency is guaranteed through ’09, but that ’10 remains a big question mark. The MSO’s bonds fell sharply Fri, according to Reuters.

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TU on Mexico’s Linear Model, Skinny Bundles

Interesting to hear TelevisaUnivision CEO Daniel Alegre give his current reading of what the linear situation looks like in Mexico to help explain why the company saw a 13% YOY drop in advertising revenue

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