CableFAX favorite Bill Bridgen is stepping down as president of HRTV, the network will announce today. No immediate word on a successor. His duties will be split between the network’s management team svp, distribution Jim Bates and svp, ops Dan Finnerty. Bridgen plans to take some time off before re-emerging. "I want to get back into the mainstream sports business, which is where I have my personal passion," he said. "I built HRTV into a viable independent network, which is difficult to do in this day and age." During his tenure, HRTV gained distribution in 11.5mln HHs.

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New Street Drops Altice USA to ‘Neutral’

New Street Research is downgrading Altice USA to “Neutral” after a warning from CEO Dexter Goei that the provider would lose subs in 3Q21.

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