Boston, MA 12/16/2013 (wallstreetpr) – Time Warner Cable Inc (NYSE:TWC), the paid-cable services in the U.S. is in the market for a buyer. The company has announced that it is willing to enter into a partnership if it is offered a price of $150 -$160 per shares. With a new Chief Operating Officer at the helm, Dinni Jain, who will claim office from Jan 13, 2014, it needs to see who will lead the merger forward.
Currently, it has appointed a new executive to work the merger and acquisition strategy for the company.
Earlier, Comcast one of the largest cable TV services provider in the country had placed two bids on TWC, however TWC has refused earlier two bids by competitor Charter Communications.
Time Warner Cable Inc (NYSE:TWC), Charter, CVC, DISH and DTV need to really relook their service predict analysts across the industry. Under the current payment system in the Paid-TV category, it is found that these companies will be charging more when a provider chooses to opt for services that are not bundled.
Whereas, bundled services are expected to be a better bargain. These services are compelling providers who may offer off-hand services not to be able to survive in the competitive industry.
Time Warner Cable Inc (NYSE:TWC) predicament has surely unsettled the industry believe several analysts.
Accordingly, most service providers reveal that their highest investments have been in the area of programming. Wherever programming speeds have been high, the network has found to have higher and better viewership it is believed. This is because such centers are able to drive viewership purely on the subject of content value and not otherwise. Competitors such as Viacom, 21St Century Fox too have benefitted from going high speed programming path.
These companies have been able to profit by virtue of higher advertising revenues, despite the spend they make on programming.
