Callaway Golf Reports Mixed Q2 Results CDI Reports Record Quarterly Revenue Providence Equity, WPP Eye $547M Chime Takeover DraftKings Closes On $300M Series D Round DraftKings To Close VC Funding In Coming Weeks FanDuel Closes On New VC Financing Cuban Among Group Raising Funds For Unikrn Nike Sees Sales Rise 4.8% In Q4 Sources: MLBAM Eyes IPO For Non-Baseball Division VenueNext Gets $9M In New Financing
SBD/August 8, 2013/Finance
Time Warner's Q2 TV Revenues Rise With Strong Viewership For NBA Playoffs
Published August 8, 2013
BROADER BLACKOUT? In N.Y., Don Kaplan reports Time Warner Cable amid "its nasty contractual dispute" with CBS is now "threatening to yank a slew of other channels." A legal notice "quietly posted" by TWC in newspapers yesterday indicated the company's deals with "more than 50 channels are due to expire soon." The notice stated, "We may be required to cease carriage of one or more of these ... stations in the near future." NHL Network is among the stations. Meanwhile, sources said that TWC and CBS "have been in constant contact on the phone and by email but 'are not negotiating'" (N.Y. DAILY NEWS, 8/8).