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Stock Market & Financial Investment News

News Breaks
August 3, 2013
16:43 EDTTWC, CBSTime Warner Cable CEO says wants to put CBS back on at sensible price
Time Warner Cable (TWC) CEO Glenn Britt said. "CBS (CBS) Television CEO Les Moonves was quoted as saying 'we are now at war with Time Warner Cable.' But the only people CBS is hurting are our viewers who love their shows. Please know that Time Warner Cable is at war with no one. We exist as a company to connect people to the things they love and CBS's shows and sports are a few of those things. We want to put CBS back on the air at a price that makes sense for us and our customers. That's not war, that's what our customers say they want good programming at a fair price and on reasonable terms. We hope CBS will join us at the negotiating table and agree to a contract that is in the best interest of not only CBS, but everyone who enjoys watching television."
News For TWC;CBS From The Last 14 Days
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September 30, 2014
06:25 EDTTWC, CBSFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
September 29, 2014
07:18 EDTTWCStarz may struggle to sell itself, WSJ reports
Starz (STRZA) may struggle to sell itself, according to the Wall Street Journal citing challenges facing standalone media companies. The publication says that the standalone networks -- Starz, AMC Networks (AMCX) and Scripps Networks (SNI) -- "lack the heft" of larger peers in negotiations regarding affiliate deals, and look "increasingly vulnerable" now that Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and AT&T (T) are joining forces. Reference Link
September 25, 2014
17:50 EDTTWCCompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
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September 24, 2014
12:14 EDTTWCNetflix responds to Comcast's extortion claims, Variety reports
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09:17 EDTTWCComcast accuses TWC deal opponents of extortion, Re/code reports
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September 23, 2014
08:06 EDTCBSCBS near-term volatility will create opportunity, says Wells Fargo
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September 18, 2014
06:37 EDTCBSCBS head looks to reduce radio assets within 12 months, Reuters says
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September 17, 2014
17:19 EDTCBSCBS CEO says online ads not cannibalizing broadcast TV ads
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16:58 EDTCBSCBS CEO says Ray Rice scandal may have increased ratings
16:51 EDTCBSCBS CEO says could offer similar product to HBO Go in Europe
Les Moonves is speaking at the Bank of America conference.
September 16, 2014
13:50 EDTTWCComcast says will reveal capital plan at close of Time Warner Cable deal
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13:40 EDTTWCComcast says still expects Time Warner Cable deal to close in 2015
13:38 EDTTWCComcast says 'everything on track' with Time Warner Cable deal
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11:42 EDTTWCTime Warner Cable sees Comcast deal closing early FY15
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11:05 EDTCBSJury finds CBS infringed on podcasting patent, ArsTechnica reports
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07:27 EDTTWC, CBSBofA/Merrill to hold a conference
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