Content and Distribution - My 2¢ on the entertainment and media industry
Monday, December 9, 2013
Time Warner Cable, For Sale Or Not
The year is close to ending and the M&A guys would love to announce one more deal before the end of the calendar year, but Time Warner Cable, may be playing a game of will they or won't they. According to future CEO, current COO, Rob Marcus, denied the Bloomberg report that he was willing to sell at the right price but was in fact in it "for the long haul". Of course despite the will they or won't they thinking, Charter has expressed interest and Comcast may be talking to its bankers as well. Given the push toward broadband and the need for more efficiency by the cable operator to expand, Time Warner Cable may be in fact negotiating how such an acquisition could take place and how might current management be affected. I suspect that a deal will get done and I don't see how Comcast can be involved unless they are willing to trade some systems to Charter for others.
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