Time Warner’s (TWX) upcoming negotiations to renew programming deals with pay-TV service operators will be key for the media and entertainment giant’s growth prospects, analysts say. Time Warner, which on Wednesday reported Q4 earnings that topped estimates, has upcoming talks with Comcast (CMCSA), satellite TV broadcaster Dish Network (DISH) and Time Warner Cable (TWC). Federal regulators are reviewing the proposed Comcast-Time Warner Cable
Morgan Stanley downgraded Time Warner and Viacom (VIA) and shifted its outlook on the media sector to cautious on worries that growth in online video licensing will slow and that pay-TV companies will resist higher programming fees. Analyst Benjamin Swinburne downgraded Time Warner to equal weight and Viacom to underweight. Time Warner (TWX) stock fell 2.9% in the stock market today, while Viacom stock fell 3.4%. “Media was an in line performer in
Strong programming at Time Warner (TWX) and AMC Networks makes them best positioned among cable TV network owners amid cord cutting, Internet streaming and other changes in the pay-TV market, says Pacific Crest Securities. Andy Hargreaves, a Pacific Crest analyst, on Monday initiated coverage on Time Warner Cable and AMC Networks (AMCX) with outperform ratings. AMC Networks developed “Walking Dead” and “Mad Men.” Hargreaves rated Discovery