Volatility typified a 3Q that ended Tues with the following YTD changes: Mediacom (+14%), DirecTV (+14%), Comcast (+7%), Cablevision (+2%), Time Warner Cable (-12%), Verizon (-27%), AT&T (-33%), DISH (-37%) and Charter (-38%). — Charter pres/CEO Neil Smit agreed Fri to a restatement and amendment of his employment agreement (effective Jul ’08) including: an extension of the term to Jun ’10; an increase in salary to $1.5mln/yr from $1.2mln; a target bonus increase from 150% of annual base salary to 200%, and a signing bonus of $2mln. Separately, a Charter subsidiary is offering to purchase an amount of outstanding senior notes not to exceed $100mln in order to reduce the MSO’s consolidated interest expense. — VOD net HealthiNation has secured $7.5mln in Series B funding led by Intel Capital. — AT&T announced a strategic investment in Zvents, a local search engine and ad network that uses event listings to promote local businesses.

The Daily

Subscribe
Friday–July 26

Paramount Shareholder Sues Over Skydance Merger

A Paramount shareholder filed a lawsuit in Delaware’s Court of Chancery on Wednesday seeking to block the merger agreement with Skydance Media . The lawsuit from shareholder Scott Baker alleges that

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jul 31
2024 Diversity & Pride List Awards Nominations close July 31st.
Aug 19
2024 Top Ops Awards The Magazine releases August 19, 2024.
Dec 4
2024 Most Powerful Women Awards Nominations Open July 8th, 2024.
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Rob Hudgins, [email protected], for more information.