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01/18/2005
Honors
For the 2nd year, Comcast’s Brian Roberts ranked as the #1 cable/satellite CEO in Institutional Investor’s "Best CEOs in America." Cox’s Jim Robbins was 2 (up from 3 last year), while EchoStar’s Charlie Ergen fell 1 spot to 3. Time Warner’s Dick Parsons nabbed the top spot among entertainment company CEOs, followed by Viacom’s Sumner […]
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01/14/2005
Syked Up
John Sykes is leaving Infinity Radio to take a new role at MTV Networks. Viacom said he would oversee the development and launch of new branded nets, adding that details on the position would be announced shortly. Before heading up the radio unit, Sykes was pres of VH1 and CMT. Joel Hollander takes over his […]
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01/14/2005
Editor's Note
Your next issue of CableFAX will be date Tues, Jan 18 in observance of MLK Day.
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01/14/2005
Business/Finance
S&P revised Viacom’s outlook to negative following chmn/CEO Sumner Redstone’s remarks Tues that a lower debt rating might help the company pursue growth and boost shareholder returns. – CSFB initiated coverage for Comcast with an "outperform" rating. – The broker cut EchoStar to "neutral" from "outperform," and trimmed its price target to $33 from $36. […]
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01/13/2005
Investor Conference
News Corp’s Peter Chernin said the company continues to be interested in investing in cable net startups or cable acquisitions in the US and abroad. As for new nets, he expects Fox Reality Channel to launch in May or June. The much-talked about business news net is next on the docket, with Chernin hoping it […]
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01/13/2005
Allen at ET
The triple-play is so yesterday. It’s time for the quadruple-play-or the "four-play," as Paul Allen joked at yesterday at SCTE’s Emerging Tech Conference in Huntington Beach, CA. "We have to internalize that things are going to be happening faster than we’ve seen in the past. We have to match the excitement of consumers," the chair […]