Carriage Fight With Time Warner Cable Could Cost CBS and 3 More Hot Stocks

CBS Corp. (NYSE:CBS): CBS could face losing $400,000 per day if negotiations with Time Warner Cable (NYSE:TWC) fall through, according to UBS analyst John Janides. The dent would be a result of lost retransmission revenue and a loss of advertising dollars at both the network and the stations if CBS programming were to go dark in key Time Warner markets. Janides added that “if history is a guide, this should be resolved in less than two weeks.”


Cablevision Systems Corporation (NYSE:CVC): CEO James Dolan has said that the company could one day, potentially, stop providing television services altogether as consumers watch increasing amounts of video content online, instead making broadband Internet Cablevision’s main offering. Dolan pointed out that the cable-TV industry is in a “bubble” due to the emphasis on providing TV channel packages and could mature badly.


Disney (NYSE:DIS): The House of Mouse and its subsidy ABC are betting big on “Marvel’s Agents of S.H.I.E.L.D.,” which the company hopes will help pull up ratings and resuscitate the network in a similar manner to how superheroes helped the film studio. The decision to put Marvel characters on the network is aimed to bring in more young male viewers as the network already provides a handful of female-slanted programs like Grey’s Anatomy.


Discovery Communications (NASDAQ:DISCA): Pivotal Research has upgraded Discovery from Sell to Hold with a price target of $82 for the stock. Although the company missed its second quarter estimates slightly, it has shown enough growth in its top-line that justifies its valuation.


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