Time Warner Cable CEO says that reports of possible merger review strategy

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Time Warner Cable CEO says reports of possible merger validate addresses carriage dispute with CBS cable company strategy
Published: August 1, 2013 @ 07:17 print this page by Brent lang

Although he never specifically mentioned the company, Time Warner Cable CEO Glenn Britt said analysts during a call result on Thursday to buy a reported offer of Charter communications, the cable operator is a validation of the strategy, which has been pursuing the company.

Getty Images"The fact that [Time Warner Cable] at the heart of this speculation was really a confirmation of our strengths", he said.

Britt in the left image.

The second-largest cable operator of the country rejected Charter and its supporter billionaire John Malone, earlier this year in their advertising, but reportedly at Goldman Sachs working a higher bid for the company.

Time Warner leadership also has its ongoing fight with CBS Corp. over carriage fees. About how 3 million subscribers of time Warner Cable in cities such as New York and Los Angeles lose access to CBS channels could Showtime, if one at the expense of the retransmission of Friday afternoon agreement.

Time Warner Cable COO Rob Marcus, who will replace Britt as CEO this year, said that benefits for the bundling break it. How it looks, cable operators ask to pay content providers such as CBS and the Walt Disney Co., a package of channels that assets more popular link enables such as Showtime and ESPN with less frequently observed properties.

"We are always big fans, customers more options", Marcus said.

Britt, who fight a cold grating caused his voice, the object was some carelessness during the call. Sanford C. Bernstein & co analyst Craig Moffett asked him whether he shouted hoarsely CBS Corp. latest promotion battle had become during her boss of Les Moonves.

"I knew was someone to questions," Britt said.

 


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