Cablevision downgraded to Sell from Neutral at Citigroup Citigroup downgraded Cablevision to Sell saying the company is unlikely to convert to a REIT structure as it would make an eventual sale complex. Citi keeps a $17 price target on the stock.
FCC chairman wants to give Internet video providers access to more content FCC. Chairman Tom Wheeler yesterday proposed allowing Internet video providers to show some content previously available only on cable and broadcast TV. Internet video providers could offer "many different kinds of multichannel video packages designed for different tastes and preferences." Wheeler added. Netflix (NFLX) provides Internet video content, while Comcast (CMCSA) and Cablevision (CVC) provide cable TV services. Broadcast TV providers include CBS (CBS), Twenty-First Century Fox (FOXA), and Disney (DIS). Reference Link