67°

Topics

Mike White
Time Warner Cable feeling ill effects of Dodgers channel dispute
Time Warner Cable feeling ill effects of Dodgers channel dispute

The SportsNet LA debacle is starting to affect Time Warner Cable's bottom line. Time Warner Cable lowered its revenue projections for 2014 on Thursday because of its inability to distribute SportsNet LA, the new TV home of the Los Angeles Dodgers. The Dodgers-owned channel is managed by Time Warner Cable, which has been unable to sell it to other area distributors including DirecTV. Lack of any deals will cut into Time Warner Cable's results for the year. The company said it was lowering its projected revenue growth to as low as 3.5% from 4.5%. Operating income projections were lowered to a range of 3.75% to 4.75% from 5% to 6%. "Assume we do not sign affiliate...

Loading