Mario Gabelli, the founder and CEO of GAMCO Investors, is one of the most successful investors in the world. In the past 25 years, he delivered an annualized gain of 11.7%, beating the S&P 500’s return of 9.7% in the same period. In the interview with Barron’s, he thought that it was quite “an exciting [...]
Recently, Time Warner Cable Inc (NYSE:TWC) experienced a huge gain of nearly 8% in a single day after an acquisition rumor. According to CNBC, CEO Greg Maffei of Liberty Media Corp (NASDAQ:LMCA) has approached CEO Glen Britt of Time Warner Cable to discuss about the potential merger with Charter Communications, Inc. (NASDAQ:CHTR). Following the buyout rumor, Charter [...]
By Spencer Osborne: Merger speculation in the cable sector is heating up as the CEOs of Liberty Media (LMCA) and Time Warner (TWC) are rumored to have met up to discuss a possible merger in the cable industry. According to Barron's, Liberty's CEO Greg Maffei contacted Time Warner's CEO Glen Britt. Show More Summary
Liberty Media Corp. Chief Executive Greg Maffei recently met with Time Warner Cable Inc. Chief Executive Glenn Britt to discuss the benefits of mergers in the cable sector, said a person familiar with the situation, the latest sign that Liberty is interested in sparking consolidation in the industry.
Time Warner Cable CEO Glenn “Two Ns, Two Ts” Britt has been an outspoken critic on broadcasters who package desirable, high-viewership channels with niche-market offerings and tell cable companies to pay for them all or get access to none, which results in the cable providers passing these bundles (and the price tag) on to customers, many of whom only … [More]
Sarah Jessica Parker shows her polka dots while attending the 2013 Apollo Spring Gala held at the Apollo Theater on Monday (June 10) in New York City. The 48-year-old actress posed on the red carpet with Time Warner CEO Jeff Bewkes, who received the Corporate Award. PHOTOS: Check out the latest pics of Sarah Jessica [...]
Time Warner Cable CEO Glenn Britt, cable’s Jeremiah when it comes to the industry’s rising prices, appeared more worried than ever — and still out of step with his colleagues– when he discussed the issue today with Wall Street analysts at the annual Cable Show taking place this week in DC. Show More Summary
Time Warner Cable is in discussions with Apple over deals for streaming video deals according to the company's CEO Glenn Britt. TWC already has an application on the Roku box, but speaking at an investor conference in London, Britt outlined...Show More Summary
According to Time Warner Cable CEO Glenn Britt, who spoke to investors at the Bank of America Merill Lynch Global Telecom and Media Conference today (via FierceCable), Time Warner is in talks with Apple, Microsoft, and Samsung over potential...Show More Summary
Glenn Britt says network owners know that big fee increases are "not sustainable," but it is too early to predict if the new FCC head may address the issue. read more
Jeffrey Bewkes gets weighted average sale price of $59.27 per share.
Of the 288,701 shares of Time Warner stock he either directly or indirectly owned, chairman and CEO Jeffrey Bewkes has sold 205,681, equal to 71% of his total holdings, at an average price of $59.27 per share, according to an SEC filing...Show More Summary
Amid a rising stock price, Jeff Bewkes disposes of much of his direct holdings, but continues to have stock options and restricted stock units. read more
Time Warner Cable's CEO Glenn Britt to Participate in a Q&A Session with Analysts and Investors at The Cable Show in Washington, DC NEW YORK--(BUSINESS WIRE)-- TimeWarner Cable Inc. ( NYS: TWC ) today announced that its Chairman & Chief...Show More Summary
Time Warner Cable's CEO Glenn Britt to Participate in the Bank of America Merrill Lynch Global Telecom & Media Conference NEW YORK--(BUSINESS WIRE)-- Time Warner Cable Inc. ( NYS: TWC ) today announced that its Chairman & Chief Executive...Show More Summary
At the conglomerate's annual shareholder meeting, Jeff Bewkes also touted the company's financial and stock performance and its outlook. read more
CEO Jeff Bewkes must be glad that he only has to meet with ordinary shareholders once a year. Two dominated the Q&A session at today’s gathering with questions based on a view that Time Warner is engaged in campaigns to promote President Obama’s political fortunes, and gun control legislation. Show More Summary
HBO CEO Richard Plepler to Participate in the Nomura Global Media & Telecom Summit NEW YORK--(BUSINESS WIRE)-- Time Warner Inc. ( NYS: TWX ) today announced that HBO's Chief Executive Officer Richard Plepler will participate in the Nomura Global Media & Telecom Summit on Thursday, May 30, 2013, in New York, NY. Mr. Show More Summary
Bruce Rosenblum, the longtime president of Warner Bros. Television Group and one of the top executives at Time Warner Inc., is expected to leave his position in the coming weeks.
How much do consumers dislike cable providers’ bundling practices? So much that even Time Warner Cable’s CEO has started to publicly fret about a backlash. Republican Senator John McCain is determined to do something about overly expensive...Show More Summary