SMI Takes Revenue Hit In Q2 Report Under Armour Grabs New Manhattan Space Analytics Company Catapult Buys XOS Digtial TSN Profits For FY '15 Only Down Slightly NextVR Draws $20M From Chinese Investor Int'l Speedway Corp. Lowers '16 Expectations Source: Disney Buying 33% BAM Tech Stake Bruin Sports Buys Video Streaming Firm Nike's North American Profits Take Dip Titleist Owner Acushnet Files For IPO
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).