Newbrook Capital Advisors Lp buys $52.2 Million stake in Time Warner Cable Inc (TWC)

Time Warner Cable Inc (TWC) : Newbrook Capital Advisors Lp scooped up 14,071 additional shares in Time Warner Cable Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 242,193 shares of Time Warner Cable Inc which is valued at $52.2 Million.Time Warner Cable Inc makes up approximately 7.19% of Newbrook Capital Advisors Lp’s portfolio.

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Apple executive proposed bid for Time Warner

A top Apple executive raised the prospect of the iPhone maker buying Time Warner at a meeting with the owner of HBO, CNN and Warner Brothers, according to three people who were briefed on it.

Eddy Cue, who oversees critical Apple businesses such as the iTunes store, Apple Music and iCloud, broached the idea of a bid at a meeting at the end of last year with Olaf Olafsson, Time Warner’s head of corporate strategy, the people said.

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Time Warner Cable customers should not expect immediate changes

In the aftermath of a landmark merger, the cost of services and products will not change immediately for Time Warner Cable customers, according to Charter Communications.

As announced last week, Charter has completed its purchase of Time Warner Cable and the small cable provider Bright House Networks.

The transactions have turned a mid-size cable company into the nation’s second-largest home Internet provider and third-largest in video.

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Time Warner Cable to Deliver All-Digital TV in SE Wisconsin

Time Warner Cable announced it is transitioning customers to an all-digital lineup in southeast Wisconsin including the cities of Milwaukee, Kenosha, Waukesha and Racine. Along with delivering improved picture and sound for customers currently receiving analog signals, the move to all-digital frees up capacity in TWC’s network to offer faster Internet speeds and additional on-demand content, the company is informing its subscribers in the area.

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FCC Approves Charter Purchase of Time Warner Cable

The Federal Communications Commission said Friday it had formally voted to approve Charter Communications Inc.’s acquisition of Time Warner Cable Inc., creating a telecommunications giant while imposing tough operating restrictions on it.

The conditions placed on the merger will help mitigate threats to online video competition that could be exacerbated by cable-industry concentration, officials say.

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FCC Backs Charter Buying Time Warner Cable and Bright House, Sources Say

A majority of the five-member U.S. Federal Communications Commission has voted to approve Charter Communications’s acquisitions of Time Warner Cable and Bright House Networks, two sources briefed on the matter said on Thursday.

The deals, which would create the second-largest U.S. broadband provider and third-largest video provider, won the backing of FCC Commissioners Jessica Rosenworcel and Michael O’Rielly this week, the sources said on condition of anonymity.

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Time Warner Cable CEO Says Skinny Bundles the Future

Time Warner Cable says it is encouraged by the company’s skinny bundle trials, but given the company’s looming acquisition by Charter, that may not mean all that much. Since late 2015 Time Warner Cable has been running a trial in New York that provides a free Roku 3 and a smattering of different cable networks — without a traditional cable box. According to the promotional flyer being sent to users, customers under the trial have the choice of a $10 20+ channel bundle, a $20, 20+ channel bundle with Showtime and Starz, and a $50, 70 channel bundle that also includes Showtime and Starz.

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