RESEARCH

What Is Happening with Symantec and Splunk? Sep 22, 2017
MSFT - Dividend, AWS, Windows and Xbox Updates Sep 22, 2017
ADBE: More Complex Q Than Usual, Long Term Trends Still Intact Sep 20, 2017
American Tower Meeting Notes Sep 20, 2017
Alphabet: Will the EU’s Antitrust Probe Kill the Stock? Sep 19, 2017
NFLX: What Happens When the Frenemy is the Enemy? Sep 18, 2017
Slack is Blazing New Frontiers Sep 18, 2017
Crown Castle Meeting Notes Sep 15, 2017
ORCL F1Q18: Further Acceleration Highlights Solid Q1 Sep 15, 2017
State of the Industry: U.S. Software Prospect Call Sep 15, 2017
Software Replay Link Sep 14, 2017
Comcast (CMCSA): Don’t Look a Gift Horse in the Mouth…Upgrading (Back) to Buy Sep 12, 2017
State of the Industry: U.S. Software Sep 12, 2017
State of the Industry: U.S. Software Sep 11, 2017
U.S. Telecom: Is This as Good as It Gets? Sep 7, 2017
DIS: The Good, The Bad and The Cheap Sep 7, 2017
RHT: Becoming a new Standard for Next Gen Cloud App Delivery; Initiate Coverage with a Buy Sep 6, 2017
VMW: Positive Positioning Largely Reflected in Valuation; Initiate Coverage at Neutral Sep 6, 2017
SYMC: Limited Long Term EPS Growth Caps Multiple Upside; Initiate Coverage with a Neutral Sep 6, 2017
MSFT: A Compelling Story, But Expectations are High; Initiate Coverage with a Neutral Sep 6, 2017
ADBE: Stronger for Longer: Initiate at Buy Sep 6, 2017
U.S. Media: Are You Ready For Some Football? Sep 6, 2017
CRM: Crossing the Chasm to Growth AND Margins; Initiate Coverage at Buy Sep 6, 2017
WDAY: Awesome Top Line – Still Waiting for FCF; Neutral Sep 6, 2017
NOW: A Ferrari at Old Used Car Prices; Initiate Coverage at Buy Sep 6, 2017
ORCL: Top and Bottom Line Growth Set to Accelerate; Initiate Coverage with a Buy Sep 6, 2017
INTU: A Balancing Act: Initiating Coverage at a Neutral Sep 6, 2017
DATA: We are Bullish on the Transition, but Success is Largely Priced In; Initiate at Neutral Sep 6, 2017
CenturyLink: The Yield vs. The Multiple Sep 5, 2017
U.S. Advertising: We’re Surprised That They’re Surprised Aug 24, 2017
U.S. Towers: Bulls on Parade – Are They Still Buys? Aug 24, 2017
Sprint and T-Mobile: The Humpty Dance… Our Pro Forma Merger Model Aug 22, 2017
Is the Disney OTT Idea a Hail Mary or a Sure Thing? Aug 21, 2017
Zayo Q4 F2017 Earnings: Checking in on the Business, Not M&A Odds Aug 21, 2017
Telecom and Cable & Satellite Marketing Deck Aug 17, 2017
U.S. Media: Plan B Comes Into Focus Aug 15, 2017
Will Uber and Lyft Be the Next FANG Trade? Aug 14, 2017
U.S. Cable Networks: Why Are We Worried? (2Q 2017) Aug 11, 2017
Snap 2Q17 Earnings: Hubris Aug 11, 2017
FOXA: The Rodney Dangerfield of Media Aug 10, 2017
DIS: The Inflection Point Aug 9, 2017
TripAdvisor 2Q17 Earnings: Still Grasping in the Dark Aug 9, 2017
Priceline 2Q17 Earnings: Air Pocket Ahead? Aug 9, 2017
CBS: Beyond Advertising Aug 8, 2017
Cable One Q2 2017 Earnings: How Low Can Costs Go? Aug 8, 2017
CNK: Staying Focused, But At What Multiple? Aug 4, 2017
Q2 2017 Cord-Cutting Monitor: Is “Not as Worse” Even a Thing? Aug 3, 2017
Cogent Q2 2017 Earnings: In Search of Consistency Aug 3, 2017
AMCX: Trouble Ahead? Aug 3, 2017
Dish Network Q2 2017 Earnings: Forget the Equity… It’s Dish’s Debt We Should be Worried About Aug 3, 2017
VIAB: One Step Forward, … Aug 3, 2017
TWX: Media’s Touchstone…One Last Time Aug 2, 2017
CenturyLink Q2 2017 Earnings: Staggering to the Finish Line Aug 2, 2017
2017-08-01 Verizon Meeting Notes Aug 2, 2017
Level 3 Q2 2017 Earnings: The End of an Era. Or is it Eras? Aug 2, 2017
Sprint Q2 2017 Earnings: Here’s My Number, So Call Me Maybe Aug 1, 2017
DISCA/SNI: Well Played, Sir Jul 31, 2017
SBA Q2 2017 Earnings: KISS Jul 31, 2017
Expedia 2Q17 Earnings: Clawing its Way Back Jul 28, 2017
RGC: Back to Fundamentals (For Now) Jul 27, 2017
Comcast Q2 2017 Earnings: Billionaire Matchmaker Jul 27, 2017
Twitter 2Q17 Earnings: Fool Me Twice Jul 27, 2017
Verizon Q2 2017 Earnings: Chess versus Checkers Jul 27, 2017
Charter Q2 2017 Earnings: Is Charter Still a Growth Story, or Is It Now a Margin Story? Jul 27, 2017
American Tower Q2 2017 Earnings: Nothing in Life is So Exhilarating as to be Shot at Without Result Jul 27, 2017
Facebook 2Q17 Earnings: Pricing Power-house Jul 26, 2017
GOOGL 2Q17 Earnings: Pump Up the Volume! Jul 25, 2017
AT&T Q2 2017 Earnings: Is Pay TV a Better Business than Wireless? Jul 25, 2017
2Q OTA Preview: Have All Travel Clouds Been Lifted? Jul 25, 2017
U.S. Media: Do Three Negatives Outweigh One Positive? Jul 24, 2017
2Q Online Ad Preview: Up and to the Right for All? Jul 20, 2017
Crown Castle Q2 2017 Earnings: Seeing the Light? We Don’t. Crown Castle Buys Lightower Jul 19, 2017
T-Mobile Q2 2017 Earnings: “Sorry, Sprint” Jul 19, 2017
NFLX: Gunning It & Loving It Jul 18, 2017
SNAP: Look Out Below! Why SNAP Still Has Room to Fall Jul 18, 2017
U.S. Theaters: What We’re Hearing Post-Downgrade Jul 13, 2017
ESPN At The Crossroads Jul 10, 2017
U.S. Internet: From Cat Videos to the NFL – Are We At the Tipping Point for Online Video? Jun 28, 2017
Cable Downgrade Slides Jun 27, 2017
Skinny Bundles: Why the “Losers” Should Unite Jun 22, 2017
U.S. Cable: Will the Broadband Burden be Too Heavy to Bear? Downgrading Sector and Comcast to Neutral Jun 20, 2017
TV Isn’t Dead and Two Other Themes from Our First Annual NYC Advertising Day Jun 19, 2017
U.S. Communications Infrastructure, Telecom, & Cable: Commercial Wireline… The Case of the Missing Revenue Jun 16, 2017
Theater Downgrade Slides Jun 15, 2017
Meeting with Ligado Networks Notes Jun 15, 2017
Spectrum Conf Call Slides Jun 13, 2017
TripAdvisor: The Road to Nowhere Jun 12, 2017
U.S. Theaters: Dual Threats Too Hard To Ignore; Downgrade CNK & RGC to Sell Jun 12, 2017
Spectrum (Part II): The Paradox of Value Jun 8, 2017
U.S. Advertising: Are We Entering An Ad Recession? Jun 7, 2017
Twitter: Stop the Insanity! Six More Things We Believe Jun 1, 2017
U.S. Media: Are TV Studios Still Good Businesses? May 31, 2017
U.S. Telecom: It’s Always Darkest… in the Middle of the Night? Upgrading AT&T, and Sector, from Sell to Neutral May 30, 2017
State of the Industry 2017 May 25, 2017
Meeting notes from 2017 Wireless Infrastructure Show May 24, 2017
Online Travel: Is the Party Almost Over? May 23, 2017
The Small Cell Report (Part II): The Infrastructure of 5G May 15, 2017
U.S. Media: The Boys of Summer? May 15, 2017
FOXA F3Q Review: Why We Are Not Worried May 11, 2017
Snap 1Q17 Review: Have You No Shame? May 11, 2017
Priceline 1Q17 Review: Beginning Our Initial Descent? May 10, 2017
DISNEY F2Q17 Earnings: One More Peak to Climb May 10, 2017
TripAdvisor 1Q17 Review: Every Stock Has Its Day May 10, 2017
Dish Network: How Much Would It Cost to Build a Network? May 9, 2017
Zayo Q3 F2017 Earnings: Shaken, Not Stirred May 9, 2017
GOOGL: Is Google’s Int’l TAM Bigger than You Think? May 9, 2017
DISCOVERY 1Q17 Earnings: The Balancing Act May 9, 2017
CBS: Les(s) Worries May 5, 2017
U.S. Cable Networks: Why Are We Worried? (Part 2) May 5, 2017
Cogent Q1 2017 Earnings: Everything Has a Price (and Apparently This Isn’t It…) May 4, 2017
Cable One (CABO): The Complex Calculus of P x Q May 4, 2017
Facebook 1Q17 Earnings: Go Big or Go Home May 4, 2017
Q1 2017 Cord-Cutting Monitor: The Future Has Arrived May 3, 2017
TWX: We Will Miss This Company May 3, 2017
Level 3 Q1 2017 Earnings: Nine Month Checkup May 3, 2017
CNK: A Safe Place to Hide? May 3, 2017
Sprint CQ1 2017 Earnings: What Would Happen if there ISN’T a Deal? May 3, 2017
CenturyLink Q1 2017 Earnings: The Near-Term and The Long-Term May 3, 2017
Charter Q1 2017 Earnings: Only Good Businesses Have High Expectations May 2, 2017
U.S. Cable Networks: Why Are We Worried? May 1, 2017
Dish Network Q1 2017 Earnings: Winning by Losing May 1, 2017
SBA Q1 2017 Earnings: Details Could Eventually Matter May 1, 2017
5G Fixed Wireless Broadband: Notes from a Day with Starry Apr 28, 2017
GOOGL Q1 2017 Earnings: Do You See What We See? Apr 28, 2017
Expedia 1Q17: Easter Proves Bigger Issue than Trump Apr 28, 2017
RGC: Dragged Kicking & Screaming Apr 27, 2017
American Tower Q1 2017 Earnings: Welcome Back, Old Friend (Not That You Ever Left) Apr 27, 2017
Comcast Q1 2017 Earnings: Dear John… Apr 27, 2017
TWTR 1Q17 Review: The Numbers Don’t Lie Apr 27, 2017
AT&T Q1 2017 Earnings: Vertical Integration in the Land of Unlimited Apr 25, 2017
1Q OTA Preview: Off to the Races or Trump Slump? Apr 25, 2017
Crown Castle Q1 2017 Earnings: Fiber Rorschach Test Apr 24, 2017
F8 Takeaways – So Facebook Is… a Camera Company? Apr 24, 2017
T-Mobile Q1 2017 Earnings: The Purple People Eater… and Still the Belle of the M&A Ball Apr 24, 2017
Verizon Q1 2017 Earnings: To Deal or Not to Deal, That is the Question Apr 20, 2017
NFLX: No Controversy is the Controversy Apr 18, 2017
U.S. Wireless Q1 Preview: Have Estimates Come Down Far Enough? Apr 18, 2017
Zayo: A Note of Caution… Reiterate Neutral, Lower TP to $34 Apr 18, 2017
1Q Online Ad Preview: “It's Just Winners and Losers and Don't Get Caught on the Wrong Side of That Line” Apr 17, 2017
Agenda Summit 2017 Apr 17, 2017
The Incentive Auction: The Morning After… Winners and Losers Apr 17, 2017
U.S. Cable and U.S. Telecom: Could Unlimited Wireless Plans Pose a Threat to Wired Broadband? Apr 12, 2017
U.S. Media: Why Is This Quarter Different From Others? Apr 11, 2017
GOOGL: Is There A Silver Linings Playbook Here? Apr 10, 2017
Dish Network (DISH): Where You Finish Depends on Where You Start Apr 6, 2017
Film Studios: Don’t Just Stand There, Do Something! Apr 5, 2017
U.S. Towers: Rally? What Rally? Assessing Their Outlooks, and Refreshing Our Targets Apr 4, 2017
PCLN: Cruising Altitude Reached? Downgrade to Neutral Apr 3, 2017
Internet Infrastructure Marketing Deck Apr 1, 2017
Towers Marketing Deck Apr 1, 2017
VIAB: Paramount – Mission Impossible to Transform? Mar 30, 2017
SNAP: A Middle School Crush? Mar 29, 2017
RE:TELL Focus Group Presentation Mar 28, 2017
U.S. Advertising: Is Digital Advertising at a Crossroads? Mar 23, 2017
Spectrum (Part I): Meeting the Capacity Challenge Mar 22, 2017
Cogent: Move Along, Nothing to See Here (Or Is There?) Mar 20, 2017
SNAP: Snap, Crackle, and… Pop? Initiating with a Sell Mar 16, 2017
Cable One (CABO): Mind Your P’s and Q’s – Our Pro Forma New Wave Model… Pro Forma Price Target $560 Mar 15, 2017
DIS: Better Good than Lucky? Mar 13, 2017
Is Online Travel Still A Growth Market? Mar 8, 2017
U.S. Wireless: Capacity Wars Mar 6, 2017
U.S. Media: Why Are We Bearish on Pure-Play Cable Net Stocks? Mar 6, 2017
Initiating Coverage of CenturyLink Slides Mar 3, 2017
Pay TV Cord-Cutting Monitor: Time to Put Up or Shut Up Mar 1, 2017
Snap, Inc.: Field of Dreams? Slides Feb 28, 2017
99 Problems But the Deal Ain’t One… Initiating Coverage of CenturyLink Feb 28, 2017
PCLN 4Q16 Review: Back to the Glory Days? Feb 28, 2017
Cable One Q4 2016 Earnings: The Future is Now Feb 28, 2017
American Tower Q4 2016 Earnings: The End is Nigh (Just Not in 2017) Feb 27, 2017
SBA Q4 2016 Earnings: Mind the (Valuation) Gap Feb 27, 2017
AMCX: Don’t Fear The Walking Dead Feb 24, 2017
Cogent Q4 2016 Earnings: Discounting the Long-Term? Feb 23, 2017
CNK: A Tough Act to Follow Feb 23, 2017
NFLX: What Two Things Does Every Growth Stock Need? Feb 23, 2017
SNI: How Long Can This Last? Feb 22, 2017
Dish Network Q4 2016 Earnings: Leverage Games Feb 22, 2017
Charter (CHTR): Finally Fairly Valued… Downgrading to Neutral, Price Target $337 Feb 22, 2017
Snap, Inc.: Field of Dreams? Feb 21, 2017
AT&T and Verizon: Has the Pendulum Swung Too Far? Upgrading Verizon to Buy, Target Price $54 Feb 21, 2017
CBS: 2017 Comes Into Clearer Focus Feb 16, 2017
Charter Q4 2016 Earnings: When Will Investors Declare Victory and Walk Away? Feb 16, 2017
TRIP 4Q16 Review: Slow and Steady Wins the Race? Feb 15, 2017
DISCA: Is It Cheap or Expensive? Pick the Metric Feb 15, 2017
T-Mobile Q4 2016 Earnings: What Do You Have to Believe? Feb 14, 2017
DISCA: 4Q 2016 Earnings Flash Feb 14, 2017
EXPE 4Q16 Review: Topline Relief, Bottom Line Sobriety Feb 10, 2017
RGC: Balancing Act Feb 10, 2017
TWTR 4Q Review: “Trump Bump” Thumped by Revenue Slump Feb 9, 2017
VIAB: Looks Good on Paper Feb 9, 2017
Zayo Q2 F2017 Earnings: Looking Beyond the Quarter Feb 9, 2017
TWX: Downside Protection Feb 8, 2017
Level 3 Q4 2016 Earnings: A Phoenix, A Turkey, or Too Soon to Tell? Feb 8, 2017
TWX: 4Q16 Earnings Flash Feb 8, 2017
Snap, Inc.: Is it Facebook, Instagram, or Twitter? Feb 7, 2017
2017-02-07 An M&A Playbook Slides Feb 7, 2017
DIS: Beauty and the Beast of Compares Feb 7, 2017
FOXA: Off Again, On Again Feb 7, 2017
NFL Season Recap – It’s All Over But the Crying… Feb 3, 2017
FB 4Q16 Review: Have We Seen This Before? Feb 2, 2017
CBS: A Smarter Way to Dispose of an Issue Feb 2, 2017
Verizon (VZ): Takeaways from a Day with Management Feb 1, 2017
U.S. Media: Headwinds & Taxes; Upgrading FOXA to Buy & Downgrading TWX to Neutral Feb 1, 2017
Sprint CQ4 ‘16 Earnings: When is the Right Time to Deal? Jan 31, 2017
CBS: The Three R’s – Radio, Retrans & … Revisions Jan 31, 2017
OTA Preview: Will FX and Investment Steal the Show? Jan 30, 2017
GOOGL 4Q16 Review: Internet Growth at Media Prices Jan 27, 2017
Comcast Q4 2016 Earnings: The Curious Attraction of an Unattractive Wireless Market Jan 26, 2017
Crown Castle Q4 2016 Earnings: Evolution or Revolution? Jan 25, 2017
AT&T Q4 2016 Earnings: Remember When Wireless Was their Best Business? Jan 25, 2017
Verizon Q4 2016 Earnings: Does Verizon Need a Story? Jan 24, 2017
NATPE 2017 Takeaways: “We Live in Interesting Times” Jan 24, 2017
4Q16 Online Advertising Preview: The Only Thing to Fear is … Tougher Comps? Jan 23, 2017
NFLX: When Will They Make Money, Does Anyone Care? Jan 19, 2017
Wireless Industry T-Mobile Downgrade Slides Jan 17, 2017
U.S. Theaters: Do Tax Changes Trump Fundamentals? Jan 13, 2017
U.S. Comm Infra: Pre-Earnings Housekeeping… Refresh Tower and Fiber Models, Lower Zayo TP to $35 Jan 12, 2017
Five Reasons Why Twitter Is a “Sell” for 2017 Jan 12, 2017
U.S. Wireless: Optimism vs. Pragmatism… Downgrading TMUS to Neutral; Maintain Sector Underweight Jan 10, 2017
DIS: Beauty Is In the Eye of the Beholder Jan 5, 2017
Cable One (CABO): Irrational Exuberance? Downgrading to Sell; Target Price Unchanged at $408. Jan 4, 2017
Sports Summit Takeaways: Is The Glue Still Sticky? Dec 21, 2016
TRIP: Has TripAdvisor Hit Rock Bottom? Dec 20, 2016
U.S. Advertising: The Digital Duopoly Rolls On Dec 19, 2016
FOXA: Why Now? Sky Now?; Downgrade to Neutral Dec 12, 2016
U.S. Towers: Macroeconomic Melancholia Dec 9, 2016
AMCX: Breaking Badly; Downgrade to Sell Dec 7, 2016
Digital Duplicity: Could Fake News Hurt Asset Value? Dec 7, 2016
L.A. Trip Takeaways: Can the Genie Be Put Back in the Bottle? Dec 5, 2016
AT&T and DirecTV Now: When Old and New Collide Dec 5, 2016
Zayo: Has Sentiment Swung Too Far? Downgrading to Neutral, Raising TP to $36 Dec 2, 2016
U.S. Cable & Satellite: Revisiting the Broadband Pricing Response to OTT Video… a Proprietary Survey Dec 1, 2016
2016-11-21 Meeting with InterDigital Nov 30, 2016
U.S. Affiliate Fees – How Do You Calculate Passion? Nov 28, 2016
Sports Media Summit Agenda Nov 28, 2016
Level 3: Downgrade to Neutral Based on Narrowing Deal Spread, Increase TP to$59 Nov 22, 2016
Phocuswright 2016: The OTAs Remain “One of the Best Bargains Out There” Nov 22, 2016
AT&T & Time Warner: Suddenly, Everything Has Changed Slides Nov 21, 2016
Sports Media Summit Agenda Nov 18, 2016
AT&T & Time Warner: Suddenly, Everything Has Changed… EVERYTHING. Upgrading TWX (Back) to Buy Nov 17, 2016
U.S. Towers: Churn Down for What Slides Nov 16, 2016
Q3 2016 Wireless Industry Wrap Up: What AT&T Saw Nov 15, 2016
3Q16 OTA Recap: Priceline Pulling Away From the Pack Nov 14, 2016
U.S. Media: Fear and Loathing? Nov 14, 2016
U.S. Towers: Churn Down for What? Dimensioning TMUS/S Consolidation Risk and What’s in the Stocks Nov 14, 2016
DIS: Guide This Way Nov 11, 2016
FB = Finding Bottom or False Bogeyman? Nov 10, 2016
U.S. Cable: Making America Great Again? Upgrading Charter (Back) to Buy, Raising TPs for CMCSA and CHTR Nov 10, 2016
Q3 2016 Cord-Cutting Monitor: Dancing on the Edge of a Cliff? Nov 10, 2016
VIAB: Time for a Change? Nov 10, 2016
TRIP 3Q Review: Certainly Doesn’t Feel Like an Inflection Nov 9, 2016
Dish Q3 2016 Earnings: One More Thing to Worry About? Nov 9, 2016
CNK: 3Q Earnings Flash Nov 8, 2016
Zayo Q1 F2017 Earnings: Mo Money Mo Problems Nov 8, 2016
PCLN 3Q16 Review: Clearly Taking Share Nov 8, 2016
CNK: Elevated Capex Despite Fewer LatAm Screen Builds Nov 8, 2016
AT&T and Time Warner Go to Washington… What the (Real) Experts Have to Say Nov 7, 2016
SNI: 3Q Earnings Flash Nov 7, 2016
SNI: As Good As It Gets? Nov 7, 2016
CBS: Driving It Higher Nov 4, 2016
AMCX: Not Trading Dead Nov 4, 2016
FB 3Q16 Review: Operating Leverage in Action Nov 3, 2016
Charter Q3 2016 Earnings: The Middle Innings Nov 3, 2016
AMCX: 3Q Earnings Flash Nov 3, 2016
FOXA: Is This The Start of Something New? Nov 3, 2016
Cogent Q3 2016 Earnings: Enough to Get Excited? Nov 3, 2016
Cable One Q3 2016 Earnings: We’ve Entered the Land of Consenting Adults Only Nov 2, 2016
TWX: Who Do You Have To Schtup Here? Nov 2, 2016
TWX 3Q Earnings Flash Nov 2, 2016
DISCA: Welcome to 3rd Quarter Media Earnings? Nov 1, 2016
DISCA: 3Q16 Earnings Review Flash Nov 1, 2016
SBA Q3 2016 Earnings: Still the One Nov 1, 2016
U.S. Internet: Is Snapchat Killing Facebook? Nov 1, 2016
3Q Media Preview: Will Media Get A Bid? Oct 31, 2016
Level 3 / CenturyLink and Q3 2016 Earnings: Level 3, We Hardly Knew Ye… Oct 31, 2016
EXPE 3Q16: Shifting from a Top to Bottom Line Story Oct 28, 2016
GOOGL 3Q16 Review: So Much for That Tough Compare Oct 28, 2016
RGC: All About That Base Oct 28, 2016
American Tower Q32016 Earnings: Holding Pattern at Home, and Parsing Growth Overseas Oct 27, 2016
TWTR 3Q16 Review: No, This Isn’t an Inflection Point Oct 27, 2016
Comcast Q3’16 Earnings: M&A Game of Thrones Oct 26, 2016
AT&T and Time Warner Vertically Challenged Slides Oct 25, 2016
Sprint CQ3 2016 Earnings (II): M&A and Earnings in the Age of Aquarius Oct 25, 2016
AT&T and Time Warner: Vertically Challenged… Downgrading TWX to Neutral Oct 24, 2016
T-Mobile Q3 2016 Earnings: A Mouse Among the Elephants Oct 24, 2016
AT&T Q3’16 Earnings: Why They HAD To Do SOMETHING Oct 24, 2016
Verizon Q3 2016 Earnings: About that MVNO Agreement… Oct 20, 2016
Crown Castle Q3 2016 Earnings: The Outlook and Beyond Oct 20, 2016
3Q Internet Preview: Best Set Ups for FB, GOOGL, PCLN Oct 19, 2016
U.S. Media and Cable & Satellite: The OTT Demand Curve Slides Oct 18, 2016
Sprint Q3 2016 Earnings: On the One Hand… On the Other Hand… Oct 18, 2016
Netflix 3Q Review: Third Time’s the Charm Oct 18, 2016
DIS: “Some Swing Factors to Consider” Oct 17, 2016
NFLX: Will This Quarter Be Any Different? Oct 14, 2016
Has U.S. Digital Consumption Growth Run Out of Steam? Oct 13, 2016
Charter Communications (CHTR): The Pause that Refreshes… Downgrading to Neutral Oct 11, 2016
U.S. Media: Is the NFL (and TV) in Trouble? Oct 10, 2016
U.S. Theaters: Business is Boomin’ – Record Year in Sight Oct 7, 2016
U.S. Media and Cable & Satellite: The OTT Demand Curve… Threading the Eye of a Needle? Oct 6, 2016
Either You’re Live & Large or Dead Slides Oct 4, 2016
Online Travel: Voice Search and Personalization Remain Top of Mind -Takeaways from Skift's Global Forum 2016 Sep 30, 2016
U.S. Cable and U.S. Telecommunications: Cable Comes to Wireless… A Geometry Proof Sep 28, 2016
Meeting with Dr. Kostas Liopiros Notes Sep 27, 2016
U.S. Media: Either You’re Live & Large or Dead; Downgrade DISCA & SNI to Sell Sep 27, 2016
U.S. Towers: A First Look at FirstNet… The Catalyst We’ve All Been Waiting For? Sep 23, 2016
U.S. Wireless: The Impact of the iPhone 7 on EPS and Customer Lifetime Values Sep 23, 2016
GOOGL: Is Google's TAM Much Bigger Than You Think? Sep 22, 2016
VIAB: If It Could Have Gone Wrong, It Did (Part 2) Sep 21, 2016
U.S. Wireless: The Impact of the iPhone 7 on EPS and Customer Lifetime Values Sep 16, 2016
Online Travel: "The New Digital Colonialism" –Takeaways from Triptease's Direct Booking Summit Sep 15, 2016
Internet Infrastructure: What Does a Free Cash Flow Yield Analysis Yield? Sep 14, 2016
U.S. Media and Cable & Satellite: What Price Freedom? Our Proprietary Survey on OTT Pricing Sep 13, 2016
Level 3: Beyond the Churn Slides Sep 12, 2016
FOXA: The Never Ending Story Sep 8, 2016
TripAdvisor: A Tale of Two Conversion Models Sep 7, 2016
Broadband Q2 2016: Where Has All the Fiber Gone? Sep 7, 2016
Zayo Q4 F2016 Earnings: Waiting For the Inflection Aug 25, 2016
Level 3: Beyond the Churn... Upgrading to Buy, TP $58 Aug 24, 2016
Advertising: The End of “TV Taking Share” Narrative? Aug 23, 2016
Online Travel: Making Sense of 2H16 after Strange 2Q16 Aug 22, 2016
The Small Cell Report (Part I): Where Are They Deployed Today? Aug 17, 2016
Facebook: What’s all the Fuss about Ad Loads? Aug 15, 2016
U.S. Media 2Q Earnings: One Year Later, What Have We Learned? Aug 11, 2016
DIS: Running the Offense Aug 10, 2016
CNK: Stronger Box Office Masks Higher Capex Aug 10, 2016
Cogent: What to Make of Q2 2016 Results –A Hiccup or Something More Substantive? Aug 10, 2016
SNI: Sign of the Times? Aug 9, 2016
Q2 2016 Cord-Cutting Monitor: Cold Comfort Aug 9, 2016
Charter Q2 2016 Earnings: About Those Synergies… Aug 9, 2016
CNK: 2Q Earnings Flash Review Aug 9, 2016
SNI: 2Q16 Earnings Review Flash Aug 9, 2016
PCLN 2Q Review: Phew, That Could Have Been Worse Aug 5, 2016
VIAB: F3Q Earnings Flash Review Aug 4, 2016
VIAB: If It Could Have Gone Wrong, It Did! Aug 4, 2016
Cogent Q2 2016 Earnings: The Case of the Missing Growth Aug 4, 2016
AMCX: Fear the Trading Dead? Aug 4, 2016
TRIP 2Q16 Review: TRIPped Up, Falls Short of Low Bar Aug 4, 2016
AMCX: 2Q Earnings Flash Review Aug 4, 2016
TWX 2Q16 Earnings Flash Aug 3, 2016
Wireless Valuation Slides Aug 3, 2016
TWX: Executing and Delivering, $92 Target Price Aug 3, 2016
Cable One Q2 2016 Earnings: Target Practice? Aug 3, 2016
FOXA: Why Do You Have to Be So Complicated? Aug 3, 2016
DISCA: 2Q16 Earnings Review Flash Aug 2, 2016
DISCA: This is the Business They’ve Chosen Aug 2, 2016
U.S. Telecommunications: It’s All Relative… the Valuation Paradox Aug 1, 2016
GOOGL 2Q16 Review: No Doubt Here Jul 29, 2016
EXPE 2Q16 Review: Self-Inflicted Wounds Mask Solid 2Q Jul 29, 2016
FB 2Q16 Review: FB = Fantastic Beat Jul 28, 2016
SBA Q2 2016 Earnings: Good as a Driver of Great Jul 28, 2016
CBS: On to the Fall? Jul 28, 2016
American Tower Q2 2016 Earnings: Go West, Young Man. And East. And South. Jul 28, 2016
Comcast Q2’16 Earnings: Market Share vs. Market Size Jul 27, 2016
Level 3 Q2 2016 Earnings: ADIDAS Jul 27, 2016
TWTR 2Q Review: They Are Who We Thought They Were Jul 27, 2016
T-Mobile Q2 2016 Earnings: When Will People Stop Thinking of TMUS as a Takeover Candidate? Jul 27, 2016
Verizon Q2 2016 Earnings: Yahoo! Yahoo. Wait… Yahoo? Jul 26, 2016
AMCX: Trading Dead? Jul 26, 2016
RGC 2Q Review: Getting Harder to Justify Jul 26, 2016
Sprint CQ2 2016 Earnings: Where Do Fundamentals and Valuation Meet? Jul 25, 2016
Hotel Direct Bookings: More Bark than Bite for the OTAs? Jul 25, 2016
Crown Castle Q2 2016 Earnings: What Comes Next? Jul 21, 2016
Dish Network Q2 2016 Earnings: It’s Time to Start Thinking about Timelines Jul 21, 2016
AT&T Q2 2016 Earnings: What Does the First Half Tell Us about the Second? Jul 21, 2016
2Q Internet Preview: GOOGL Most Controversial Name Jul 20, 2016
U.S. Wireless: Will Q2 Earnings Even Matter? Jul 19, 2016
NFLX 2Q16: Another Quarter That Makes You Stop & Think Jul 18, 2016
2Q Media Preview: What Did You Do Last Summer? Jul 18, 2016
U.S. Pay TV: The Cable Story… Back to the Future Jul 13, 2016
NFLX: Is Netflix’s Int’l Guide Too Light? Jul 13, 2016
FOXA: Here’s to the Next Three Years Jul 12, 2016
U.S. Theaters: Superheroes Can’t Rescue Quarter Jul 8, 2016
Is Facebook Changing the Internet Publishing Paradigm? Jul 7, 2016
TWX: Hitting for a Higher Multiple Jul 6, 2016
U.S. Towers: Odysseus and the Mast Jul 6, 2016
Not Yet Time to “Brexit” Your Online Travel Positions Jun 30, 2016
Dish Network (DISH): The Spectrum-as-Commodity Myth; Downgrading (Back) to Sell, Target Price $40 Jun 28, 2016
May OTT App Monitor: Inside Netflix’s Complicated Guide Jun 23, 2016
Shanghai Disney Resort: “Go East, Young Man” Jun 22, 2016
Sprint (S): What Would a Next-Gen (Service-Only) Wireless Operator Be Worth? Jun 21, 2016
Cablevision: Discontinuing Coverage Jun 21, 2016
CBS + Viacom: The Math Says Yes, But … Jun 17, 2016
VIAB: We Interrupt The Circus…. For Fundamentals Jun 17, 2016
U.S. Advertising: How Long Can This Strength Last? Jun 15, 2016
Hulu - The Empire Strikes Back Slides Jun 9, 2016
Broadcast TV: Intersection of Live TV & Stacking Rights Jun 8, 2016
Zayo: A Closer Look at Its Network Expansion Projects and Allstream – Increase TP to $33, Refresh LVLT/CCOI Jun 7, 2016
Are the OTAs and TRIP “Livin’ on the Edge”? Jun 2, 2016
Charter (CHTR): Two in the Bush… Our New Post-Merger Model. Buy with a New Target Price of $305 Jun 1, 2016
U.S. Media: The Empire Strikes Back? May 26, 2016
ROIC 2016: Through the Looking Glass Slides May 25, 2016
Meeting notes from 2016 Wireless Infrastructure Show May 25, 2016
Twitter: Downgrading to Sell - Hope is Not a Strategy May 24, 2016
The State of the Union 2016 May 23, 2016
Dissecting Priceline’s Soft Guide May 16, 2016
ROIC 2016: Through the Looking Glass May 12, 2016
April OTT App Monitor: What Did Netflix See? May 12, 2016
U.S. Media 1Q Earnings Wrap: Flipping the Script May 12, 2016
DIS F2Q Earnings: Voting vs. Weighing May 11, 2016
CNK: Thank You Moses May 11, 2016
CNK: 1Q16 Earnings Review Flash May 10, 2016
AMCX, DISCA, SNI: This One’s For You May 6, 2016
Q1 2016 Cord-Cutting Monitor: Storm Clouds are Gathering... and Cable Just Lost Its Umbrella May 5, 2016
TripAdvisor 1Q16 Review: No Pain, No Gain? May 5, 2016
Cogent Q1 2016 Earnings: Out with the Old (Concerns), In with the New May 5, 2016
Cablevision Q1’16 Earnings: What Do You Have to Believe? May 5, 2016
Zayo Q3 F2016 Earnings: It’s Complicated… But That’s the Opportunity May 5, 2016
Q1 2016 Wireless Wrap Up: Five Key Takeaways May 4, 2016
TWX 1Q Earnings Flash May 4, 2016
PCLN 1Q Review: Soft 2Q Guide Business as Usual? May 4, 2016
Cable One Q1 2016 Earnings: What’s the Right Multiple? May 4, 2016
TWX: The Four Year Promise May 4, 2016
FOXA 3Q: One Step Closer? May 4, 2016
The Digital Duopoly May 3, 2016
CBS: Scatter Money in the Bank? May 3, 2016
Sprint FQ4 2015 Earnings: A Lowering of the Bar… It’s No Longer about Growth, It’s about Sustainability May 3, 2016
U.S. Media: As Goes ROIC, So Goes Our Stocks May 2, 2016
SBA Q1 2016 Earnings: A Long-Term Business through a Short-Term Lens May 2, 2016
Media & Internet Marketing Deck May 1, 2016
EXPE 1Q16 Review: Firing on Almost All Cylinders Apr 29, 2016
American Tower Q1 2016 Earnings: Is the Stock Really at an All-Time High? Apr 29, 2016
VIAB: F2Q Earnings Flash Review Apr 28, 2016
Charter Q1’16 Earnings: Let’s Talk Conditions, Shall We? Apr 28, 2016
Facebook 1Q16 Review: Much Ado about Nothing Apr 28, 2016
Time Warner Cable Q1 2016 Earnings: Farewell, Friend, It Was Good to Know Ye Apr 28, 2016
Level3 Q1 2016 Earnings: The Ghost of tw telecom? Apr 28, 2016
VIAB: First Time, Long Time Apr 28, 2016
RGC: Oh Canada! Apr 28, 2016
Comcast Q1 2016 Earnings: California Dreaming Apr 27, 2016
TWTR 1Q16 Earnings Review: You Can’t Fight the Math Apr 27, 2016
AT&T Q1 2016 Earnings: Are We Finally Seeing a Spring Thaw in Wireless Pricing? Apr 26, 2016
3rd Annual Media & Communications Summit Agenda Apr 26, 2016
T-Mobile Q1 2016 Earnings: Time to Find a New Bear Case? Apr 26, 2016
GOOGL 1Q16 Review: Curb Your Enthusiasm? Apr 22, 2016
Verizon Q1 2016 Earnings: The Glass Half Full View Apr 21, 2016
Crown Castle Q1 2016 Earnings: The Narrative vs. The Multiple Apr 21, 2016
Film Economics: Is It Now A Winner Take All Business? Apr 21, 2016
Dish Network Q1 2016 Earnings: The Dream… and the Reality Apr 20, 2016
1Q Internet Preview: FX Improves, FB Most Controversial Apr 20, 2016
NFLX 1Q16 Review: A Quarter That Makes You Stop & Think Apr 19, 2016
CinemaCon Apr 18, 2016
U.S. Telecommunications Where to from Here Slides Apr 14, 2016
U.S. Telecom: Where to from Here? Client Lunch April 13th Apr 13, 2016
Meeting with Robert Azzi, former Sprint Chief Network Officer Apr 13, 2016
March Apptopia OTT Media App Data Update Apr 13, 2016
1Q Preview: Rocky Mountain Highs (and Lows) Apr 11, 2016
Handset Financing (Glow Financial) Meeting Notes Apr 7, 2016
March Online Travel Monthly Apr 7, 2016
U.S. Cable & Satellite and U.S. Telecom: What Is the Bond Market Telling Us? Apr 7, 2016
HomeAway: The Road to $350mn (in 2018 adj. EBITDA) Apr 5, 2016
VIAB: A Deep Dive into the Bottom of an Empty Pool; Downgrade to Neutral Apr 4, 2016
U.S. Wireless: Too Far, Too Fast… Downgrading Sector to Neutral, Verizon to Neutral, and AT&T to Sell Apr 1, 2016
Meeting with Time Warner Cable Apr 1, 2016
U.S. Comm Infra: Better Living Through Chemistry? Insights From Constructing a Synthetic TowerCo Mar 30, 2016
February Apptopia OTT Media App Data Update Mar 24, 2016
T-Mobile (TMUS): Getting to $4 per Share in FCF by 2020… Why Working Capital (Yes, Working Capital) Holds the Key Mar 22, 2016
Will Google Become More of a “Destination” for Travelers? Mar 21, 2016
Expedia Analyst Day Takeaways: Still Many Moving Parts Mar 17, 2016
U.S. Theaters: It Only Gets Harder From Here; Downgrading Cinemark to Neutral Mar 17, 2016
Charter Communications Meeting Notes Mar 14, 2016
U.S. Online Travel Launch: Planes, Trains, & Automobiles Slides Mar 11, 2016
Level 3: How Attainable is Level 3’s EBITDA Growth Outlook? Maintain Neutral, Raise TP to $57 Mar 11, 2016
U.S. Advertising: How Is This Possible? Mar 11, 2016
Is Netflix Killing TV and Other Important Questions Slides Mar 10, 2016
U.S. Online Travel Launch: Planes, Trains, & Automobiles Mar 8, 2016
Cogent: Are We There Yet? Downgrading to Neutral as Price, Risks, and Rewards Appear In Balance Mar 4, 2016
U.S. Communications Infrastructure: Two Steps to Saying "Yes" to SBA [Conference Call Transcript] Mar 3, 2016
Is Netflix Killing TV? (An Update) Mar 3, 2016
Cord-Cutting and Affiliate Fees Slides Mar 2, 2016
Cable One Q4 2015 Earnings: The Grand Experiment Is… Working? Mar 2, 2016
Two Steps to Saying “Yes” to SBA Mar 1, 2016
American Tower Q4 2015 Earnings: And Now, the Moment You’ve All Been Waiting For… Feb 26, 2016
Two Steps to Saying “Yes” to SBA Slides Feb 26, 2016
AMCX: “Socializing” Our 2016 Forecasts Feb 26, 2016
SBA Q4 2015 Earnings: The Road to Recovery Feb 25, 2016
Q4 2015 Cord-Cutting Monitor: Never Let the Facts Get in the Way of a Good Story Feb 25, 2016
AMCX: 4Q Earnings Flash Review Feb 25, 2016
Cogent Q4 2015 Earnings: The Search for Balance Feb 25, 2016
Cablevision Q4’15 Earnings: Careful What You Wish For Feb 25, 2016
SNI: Both Sides of the Coin Feb 24, 2016
CNK: 4Q15 Earnings Review Flash Feb 24, 2016
CNK: Cine-Marking a Time for a Turn Feb 24, 2016
SNI: 4Q15 Earnings Review Flash Feb 23, 2016
U.S. Affiliate Fees: A One Revenue Line Town Feb 23, 2016
U.S. Wireless: Does the TelCo Rally Still Have Legs? Feb 22, 2016
Zayo: Down on the Upside…The Costs and Benefits of Zayo’s Capex Ramp Feb 19, 2016
DISCA: 4Q15 Earnings Review Flash Feb 18, 2016
Dish Network Q4 2015 Earnings: What is the Core Business Worth? Feb 18, 2016
DISCA: It’s Complicated (Still) Feb 18, 2016
T-Mobile Q4 2015 Earnings: How Well Would T-Mobile Weather a Recession? Feb 17, 2016
Dish Network (DISH): Getting Warmer… But We’re Not Quite There Yet; Lowering Our Target to $40 Feb 16, 2016
CBS: Banking on 2016 Feb 12, 2016
January Apptopia App Data Update Feb 12, 2016
Zayo Q2 F2016 Earnings: Can Somebody Please Turn On the Weighing Machine? Feb 12, 2016
TWTR 4Q15 Earnings Review: Losing Altitude Quickly Feb 11, 2016
RGC: Strong 2015 But Winter Is Coming Feb 10, 2016
TWX: 4Q Earnings Flash Review Feb 10, 2016
TWX: On To the New Year Feb 10, 2016
DIS: Something for Everyone Feb 10, 2016
VIAB: F1Q Earnings Flash Review Feb 9, 2016
Viacom: Huis Clos Feb 9, 2016
FOXA: Can’t Wait For Next Year (Again) Feb 9, 2016
NFLX: The Dark Side of the Mo (mentum); Cutting Target Price from $98 to $85 Feb 5, 2016
Zayo: Updating Model for New Segments Ahead of Q2 F2016 Earnings Feb 5, 2016
Starry meeting notes Feb 5, 2016
Level 3 Q4 2015 Earnings: What Did Level 3’s Crystal Ball Tell Us About the Coming Year? Feb 4, 2016
Charter Q4 2015 Earnings: What Will Charter Have To Do To Get the Deal Done? Feb 4, 2016
Comcast Q4 2015 Earnings: Why No Love? Feb 3, 2016
GOOGL 4Q15 Review: Rolling Into the New Year Feb 2, 2016
U.S. Wireless: U.S. Telecom: Lies, Damned Lies, and Accounting Slides Feb 1, 2016
Time Warner Cable Q4 2015 Earnings: Inching Towards the Finish Line Jan 28, 2016
FB 4Q15 Review: That’s What Structural Growth Looks Like Jan 28, 2016
Crown Castle Q4 2015 Earnings: Towers 1, Sprint 0... But The Final Score Doesn't Tell Us Everything Jan 27, 2016
4Q Internet Preview and 2016 Outlook: GOOGL Top Pick Jan 26, 2016
Sprint FQ3 15 Earnings: Sprint’s Debt Deserves a Look Jan 26, 2016
AT&T Q4 2015 Earnings: Is It Too Early to Start Worrying About 2017? Jan 26, 2016
4Q Media Preview: Will Ad Market Strength Trump Subscriber Focus? Jan 25, 2016
T-Mobile (TMUS): Finding Bigfoot… A Footprint Expansion Story Jan 25, 2016
DIS: Legitimate ESPN Concerns & Hyperbolic Drivel Jan 22, 2016
Verizon Q4 2015 Earnings: The Red and the Blue Jan 21, 2016
Death, Taxes, and Towers... A Comprehensive Companion to Our Initiation Report Jan 18, 2016
Death, Taxes, and Towers Slides Jan 15, 2016
4Q Theaters Preview: As Good As It Gets…For Now Jan 14, 2016
U.S. Media – 2016 Year Ahead Sldies Jan 14, 2016
U.S. Cable & Satellite: A Funny Thing Happened on the Way to the Graveyard Jan 13, 2016
2016-01-12 T-Mobile Meeting Notes Jan 13, 2016
2016 Year Ahead: Are We There Yet? (Part II) Jan 12, 2016
Death, Taxes, and Towers... But It's Not Quite That Simple. Initiating Coverage of AMT, CCI, and SBAC Jan 11, 2016
4Q15/December Apptopia App Data Update Jan 7, 2016
AT&T Deep Dive: Much Ado About Nothing? Jan 7, 2016
Telecom and Cable & Satellite 2016 Outlook Slides Jan 7, 2016
Level 3: Now Trading at an Appropriate Level... Downgrading to Neutral, Maintaining $56 TP Jan 5, 2016
Adding Flavor to the Financial Soup that is Alphabet Dec 10, 2015
Cable Capex Deep Dive Slides Dec 10, 2015
U.S. Cable and U.S. Telecommunications: It’s Time to Take a Fresh Look at Broadband Market Share Dec 9, 2015
November/4QTD Apptopia App Data Update Dec 9, 2015
U.S. Cable: A Zero-Based Approach to Capital Intensity… Why Charter is Worth More Than You Think Dec 4, 2015
U.S. Advertising: No Debate Here Nov 30, 2015
Sprint (S): One Step Forward, Two Steps Back Nov 30, 2015
DISCA: Always Something New to Discover Nov 23, 2015
Strategists on Strategy Summit: Key Takeaways Nov 18, 2015
The Content Trap Nov 17, 2015
Good Things Come to Those Who Wait: Upgrading Zayo to Buy, Refreshing Level 3 and Cogent Outlooks Nov 17, 2015
TWTR: You Do the Math Nov 16, 2015
VIAB: Time to Rise and Shine? Nov 13, 2015
Wireless retail trends meeting notes Nov 12, 2015
VIAB: F4Q Earnings Flash Review Nov 12, 2015
3Q Nat’l TV Ad Wrap – A Rare, Welcomed Surprise Nov 10, 2015
SNI: Cooking in Polish Nov 10, 2015
Zayo Q1 F2016 Earnings: The Three Amigos Nov 10, 2015
Q3 2015 Cord-Cutting Update: The Anti-Climax? Nov 9, 2015
Dish Network Q3 Earnings: The Cards You’ve Been Dealt Nov 9, 2015
SNI: 3Q15 Earnings Review Flash Nov 9, 2015
Q3 2015 Wireless Wrap Up: The Jury Is Still Out Nov 6, 2015
CNK: New CEO Brings A New Hope Nov 6, 2015
CNK: 3Q15 Earnings Review Flash Nov 5, 2015
Cogent Q3 2015 Earnings: Proof of Life Nov 5, 2015
Cable One Q3’15 Earnings: Wallflower at the Orgy Nov 5, 2015
AMCX: Positive Revisions Meet Fear Nov 5, 2015
AMCX: 3Q Earnings Flash Review Nov 5, 2015
Facebook 3Q Review: Still King of the Castle Nov 5, 2015
DIS: Mouse Avoids Bear Trap Nov 5, 2015
CBS: What, Me Worry? Nov 4, 2015
FOXA: F1Q Earnings Flash Nov 4, 2015
FOXA: Holding the Line (For Now) Nov 4, 2015
TWX: Doing the Right Thing Nov 4, 2015
TWX: 3Q Earnings Flash Review Nov 4, 2015
Cablevision Q3 2015 Earnings: Is Regulatory Approval Really a Slam Dunk? Nov 3, 2015
DISCA: 3Q15 Earnings Review Flash Nov 3, 2015
Sprint Q3 ’15 Earnings: Burn Rate Is All that Matters Now Nov 3, 2015
DISCA: What a Difference One Quarter Makes Nov 3, 2015
2015-10-30 Verizon meeting notes Oct 30, 2015
Time Warner Cable Q3 2015 Earnings: Mind the Gap Oct 29, 2015
Charter Q3 2015 Earnings: Cable Strikes Back Oct 29, 2015
Ad Viewability & Click Fraud: Domo Arigato, Mr. Roboto Oct 29, 2015
TWTR 3Q Review: Financials Impress, MAUs not so much Oct 28, 2015
Level 3 Q3 2015 Earnings: Nothing Else Matters Oct 28, 2015
RGC 3Q Review: A Record Year, We See Oct 28, 2015
Comcast Q3 2015 Earnings: Cord Cutting? Who Said Anything about Cord Cutting? Oct 27, 2015
T-Mobile Q3 2015 Earnings: And Now for Phase II Oct 27, 2015
Dish Network (DISH): Has the Pendulum Swung Too Far? Upgrading from Sell to Neutral; Target Price $61. Oct 26, 2015
TWX: Do The Right Thing; Cutting Numbers Oct 26, 2015
GOOGL 3Q15 Review: In Ruth We Trust Oct 23, 2015
SEAS: Dropping Coverage Oct 23, 2015
Broadcast Nets: How Long Can This Balancing Act Last? Oct 22, 2015
AT&T Q3 2015 Earnings: The Obfuscation has Landed Oct 22, 2015
Verizon Q3 2015 Earnings: Verizon’s Next Growth Engine Oct 20, 2015
3Q Internet Preview: Broad Strength, 4Q FX Intensifies Oct 19, 2015
Broadband Discussion with the Mayor’s Office Oct 19, 2015
U.S. Wireless: The Wireless Wars through the Lens of Social Media Oct 16, 2015
NFLX: No One Cares When You Are Winning (continued) Oct 15, 2015
U.S. Cable & Satellite: Usage Based Pricing… Maybe Not Dead Yet After All? Oct 13, 2015
U.S. Media 3Q Preview: Set Up For A Surprise? Oct 12, 2015
The Wireless Wars Slides Oct 8, 2015
Strategists on Strategy Summit Agenda Oct 7, 2015
What to Make of Zayo’s Long-Haul “Hybrid Overbuild”? Revising TPs for ZAYO, LVLT, and CCOI. Oct 5, 2015
FOXA: Should We Be Afraid of RSNs? & Other Questions Oct 2, 2015
U.S. Wireless: The Wireless Wars through the Lens of Customer Lifetime Value Sep 30, 2015
T-Mobile Management Meeting Notes Sep 29, 2015
U.S. Theaters 3Q Preview: Inside Out Sep 28, 2015
Blocking in iOS 9: Much Ado about Something? Sep 25, 2015
Content Consumption Slides Sep 25, 2015
test upload Sep 23, 2015
U.S. Satellite: An Analysis of Customer Lifetime Values Sep 21, 2015
Zayo Q4 F2015 Earnings: Great Expectations Sep 18, 2015
Instagram: Let’s do the Math Sep 18, 2015
Sprint (S): Playing for Time? Sep 15, 2015
U.S. Internet Launch: Real & Spectacular Sep 11, 2015
U.S. Internet Launch: Real & Spectacular Sep 8, 2015
U.S. Media: Real and Less Spectacular Sep 8, 2015
CNK: New CEO = Fresh Perspective? Aug 21, 2015
Media Transcript: August 7th Conference Call Aug 21, 2015
VIAB Ratings: What the N*ck Happened? Aug 20, 2015
Cogent Post-Q2 2015 Update: Keep Calm and Cogent On. Lower TP to $40, Maintain Buy Aug 20, 2015
U.S. Cable: Time Heals All Wounds. Upgrading Cable Sector to Overweight, and Charter and Comcast to Buy Aug 19, 2015
Level 3: The Gross Clinic… Are Gross Revenue Trends the Key to Shedding the “Black Box” Stigma? Aug 13, 2015
Wireless Sector Upgrade Slides Aug 13, 2015
Q2 2015 Broadband Update: Cable’s Advantage Turns into a Rout Aug 12, 2015
U.S. Wireless: Hell Freezes Over… Upgrading Sector to Overweight and Verizon to Buy, Price Target $54 Aug 11, 2015
Meeting with Wide Open West Aug 10, 2015
DirecTV Q2 2015 Earnings: It’s AT&T’s Problem Now Aug 10, 2015
WOW Company Update Aug 10, 2015
SEAS: 2Q Results Disappoint, But 2015 Guidance Intact Aug 10, 2015
Cablevision Q2 2015 Earnings: French Tickler? Aug 7, 2015
U.S. Media: What the Heck Just Happened?!? Aug 7, 2015
TWX: A Non-Answer Opens the Door; Upgrade to Buy Aug 7, 2015
AMCX: Turning to The Next Crop of Shows Aug 7, 2015
CNK: Caught In Media Declines Despite Solid Quarter Aug 7, 2015
Q2 2015 Quarterly Cord-Cutting Update: Now We Know What All the Fuss Was About (Hint: Yes, it’s Bad) Aug 7, 2015
Cogent Q2 2015 Earnings: Whack-a-Mole Aug 6, 2015
VIAB: Priced like GM, Ford & American Airlines Aug 6, 2015
VIAB: F3Q Earnings Review Flash Aug 6, 2015
CNK: 2Q15 Earnings Review Flash Aug 6, 2015
Zayo: Round Trip Ticket... Downgrading to Neutral, Maintain $29 TP Aug 5, 2015
DISCA: 2Q15 Earnings Review Flash Aug 5, 2015
Dish Network Q2 2015 Earnings: Mud Slinging… Are Dish’s Spectrum Options Dwindling? Aug 5, 2015
TWX: 2Q Earnings Review Flash Aug 5, 2015
CBS, DISCA, FOXA, TWX: If It’s Raining In Brooklyn… Aug 5, 2015
Charter Q2 2015 Earnings: The Waiting is the Hardest Part Aug 4, 2015
SNI: Getting a Little Less Clear Aug 4, 2015
Cable One Q2 2015 Earnings: Post-Modernism Aug 4, 2015
DIS: The Earnings Beating Machine Hits a Pothole Aug 4, 2015
Sprint Q2 2015 Earnings: Tick, tick, tick… Aug 4, 2015
Cable One Coverage Initiation Slides Aug 3, 2015
RGC: Sticking To Traditional Windows (For Now) Jul 31, 2015
Time Warner Cable Q2’15 Earnings: This Is Exactly What a Turnaround Looks Like Jul 30, 2015
T-Mobile Q2 2015 Earnings: The Age of Aquarius? Jul 30, 2015
MLB Advanced Media Notes Jul 29, 2015
Level 3 Q2 2015 Earnings: The End of the Streak (At Least for Now) Jul 29, 2015
Cable One (CABO): Is This the Path Forward for Cable? Initiating Coverage with Neutral Rating, Target $380 Jul 28, 2015
Comcast Q2'15 Earnings: Who Ever Said Comcast Needs a New Story? Jul 23, 2015
AT&T Q2 2015 Earnings: Psst… Hey, Did You Hear About Those Positive Earnings Revisions? Jul 23, 2015
Verizon Q2 2015 Earnings: How Did Verizon Get to Be So Unloved? Jul 21, 2015
NFLX: A Perfect Growth Story Jul 20, 2015
Wi-Fi Alliance Meeting Jul 14, 2015
2Q Media Preview: Redefining Tepid Jul 13, 2015
U.S. Cable & Satellite: What Will Second Quarter Earnings Tell Us About Cord-Cutting? Jul 13, 2015
Zayo: Back to Where It Started (Sort Of)... Upgrading to Buy, Maintain $29 TP Jul 9, 2015
U.S. Theaters 2Q Preview: Roaring to Record 2015 Jul 7, 2015
Level 3 and Cogent: Q2 2015 Earnings Preview Jun 30, 2015
Client Lunch 06-30-2015 Jun 30, 2015
U.S. Affiliate Fees: The Third Wave? Jun 29, 2015
Cablevision: The FiOS Effect Revisited… Is CVC an Acquirable Asset? Jun 24, 2015
Client Lunch Jun 22, 2015
May Ratings & PUTs – Unfortunately More of the Same Jun 16, 2015
U.S. Wireless: About That Inflection… Is it Finally Time to Get More Constructive on Wireless? Jun 15, 2015
FOXA: Meet the New Boss! Jun 11, 2015
West Coast Takeaways: Meet the New Boss? Jun 10, 2015
Zayo: Is the Stock a Buy After Recent Weakness? Jun 8, 2015
Viacom Deck - We've Seen This Movie Before Jun 8, 2015
Charter (CHTR): Our Pro Forma Model… Malone Again, Naturally Jun 4, 2015
Smartphone Comparison Jun 2, 2015
FOXA: Read My Lips, Numbers Coming Down Jun 1, 2015
The Phone Book Slides May 29, 2015
Will Buyers Dry Up as the Syndication Pipeline Refills? May 27, 2015
The Phone Book: A Twenty Year View of ROIC Across the Telecommunications Landscape May 18, 2015
Zayo Q3 F2015 Earnings: Roaring Back to Life May 13, 2015
Summit Agenda May 12, 2015
Quarterly Cord-Cutting Monitor: Uh Oh… This Time Cord Cutting Really Did Accelerate May 11, 2015
Dish Network Q1 2015 Earnings: The End of the Episode Can’t Come Soon Enough May 11, 2015
SEAS: Wait & Sea May 11, 2015
Cogent (CCOI): From Hero to Zero in the Eyes of the Market. But Is It Warranted? Reiterate Buy, $42 Target. May 11, 2015
CBS: No Plot Twists Here May 8, 2015
CNK: Do The Right Thing May 8, 2015
SEAS: 1Q Earnings Review Flash May 7, 2015
SNI: The Truth Hurts? May 7, 2015
CNK: 1Q15 Earnings Review Flash May 7, 2015
Cogent Q1 2015 Earnings: A Step on the Bumpy Road to Recovery May 7, 2015
SNI: 1Q Earnings Review Flash May 7, 2015
DISCA: Discovering The Bottom? May 6, 2015
FOXA: Light at the End of the Investment Tunnel? May 6, 2015
DirecTV Q1 2015 Earnings: A Glimpse of the Future? May 5, 2015
DIS: This Is What A Company Firing On All Cylinders Looks Like May 5, 2015
DIS: F2Q Earnings Flash May 5, 2015
DISCA: 1Q15 Earnings Review Flash May 5, 2015
Sprint: The House Is on Fire… But I Love the New Paint Job! May 5, 2015
AMCX: 1Q Earnings Review Flash May 4, 2015
Cablevision Q1 2015 Earnings: The FiOS Balancing Act May 4, 2015
Is Netflix Killing TV Slides May 4, 2015
Comcast Q1 2015 Earnings: What’s the Story? May 4, 2015
AMCX: What A Difference A Year Makes (Part 2) May 4, 2015
Charter Communications: As the World Turns May 1, 2015
VIAB: What A Difference A Year Can Make May 1, 2015
VIAB: F2Q Earnings Review Flash Apr 30, 2015
RGC: An Un-Majestic Quarter Apr 30, 2015
Time Warner Cable: Back in the Saddle Apr 30, 2015
Level 3 Q1 2015 Earnings: How Many Beats Will It Take? Apr 29, 2015
TWX: 1Q Earnings Review Flash Apr 29, 2015
TWX: The First of Many? Apr 29, 2015
U.S. Theaters: Key Takeaways from CinemaCon 2015 Apr 28, 2015
T-Mobile Q1 2015 Earnings: Purple Reign Apr 28, 2015
U.S. Cable: Groundhog Day… Updating Our Sector Price Targets Apr 27, 2015
Is Netflix Killing TV Apr 23, 2015
AT&T Q1 2015 Earnings: Is It Springtime in Dallas? Apr 22, 2015
Verizon Q1 2015 Earnings: The Rush to Judgment Apr 21, 2015
U.S. Wireless: Have We Finally Hit Bottom? Apr 20, 2015
NFLX: No One Cares When You Are Winning (Part Deux) Apr 16, 2015
1Q Media Preview: Wait, Numbers Are Going Up? Apr 13, 2015
Level 3: How Sensitive Is It to North America Enterprise Growth? And Do Consensus Estimates Look Reasonable? Apr 8, 2015
VIAB: Song Remains The Same Apr 7, 2015
U.S. Wireless and U.S. Cable & Satellite: This is Not Your Father’s AT&T (Part II) – The DirecTV Dilemma Apr 6, 2015
Film Industry: Nothing That A Few Hits Can’t Fix Apr 2, 2015
Questions from OTT Reach Conference Call Apr 1, 2015
Why An OTT World May Be Out Of Reach Slides Apr 1, 2015
U.S. Cable & Satellite: What If Cord Cutting Is Worse than Expected? And Can Broadband Fill the Gap? Mar 26, 2015
Why An OTT World May Be Out Of “Reach” Mar 25, 2015
T-Mobile: Raising Our Growth Estimates, and our Target Price… Again. New TP $45. Mar 17, 2015
CBS: What’s The Deal with Cash Flow & Other Questions Mar 13, 2015
The Poverty Problem, Six Years On Mar 12, 2015
The Bleeding Edge: A Look at Cable’s Ratings Collapse Mar 10, 2015
AT&T and Verizon: Telecom’s Reality Distortion Field Mar 5, 2015
U.S. Advertising: Running Out of Funny Headlines Mar 4, 2015
Internet Infrastructure Q4 Wrap-Up: The Good, The Bad, and The Ambiguous; Increasing Level 3 TP to $59 Mar 2, 2015
AMCX: Another Step Forward Feb 27, 2015
SEAS: Blind As A Carpet Shark Feb 26, 2015
Q4 2014 Cord Cutting First Look: It was the Best of Times, It was the Worst of Times Feb 25, 2015
Cogent Q4 2014 Earnings: Waiting is the Hardest Part Feb 25, 2015
Cablevision Q4 2014: David and Goliath Feb 25, 2015
SEAS 4Q Prev.: Will New Management Change Course? Feb 24, 2015
Comcast Q4 2014 Earnings: Is There Such a Thing as Being Too Successful? Feb 24, 2015
Viacom: We’ve Seen This Movie Before Slides Feb 24, 2015
Dish Q4 2014 Earnings: Oh, By the Way, the Results in the Core Business… Feb 23, 2015
U.S. Wireless: Is Sprint Already Insolvent? Feb 20, 2015
CNK: A Hint of What’s to Come Feb 19, 2015
T-Mobile Q4 2014 Earnings: Will TMUS Finally Deliver Growth AND Profitability in 2015? Feb 19, 2015
DISCA: 4Q Earnings Review Flash Feb 19, 2015
DirecTV Q4 2014 Earnings: AT&T Needs DirecTV... but Does DirecTV Need AT&T? Feb 19, 2015
DISCA: Tepid Feb 19, 2015
CNK: 4Q Earnings Review Flash Feb 18, 2015
U.S. Cable: Cutting the Cord... Downgrading Comcast, Time Warner Cable, and Charter to Neutral Feb 17, 2015
Netflix Slides Feb 13, 2015
SNI: 4Q Earnings Review Flash Feb 12, 2015
RGC: Back to the Fundamentals We Go Feb 12, 2015
SNI: What Happens If Ratings Roll Over? Feb 12, 2015
TWX: Predictably Predictable Feb 11, 2015
Zayo Q2 F2015 Earnings: A Solid Quarter, but is There a Chink in the Armor? Feb 11, 2015
TWX: 4Q Earnings Review Flash Feb 11, 2015
NFLX: No One Cares When You Are Winning, But... Feb 9, 2015
Sprint Q4 2014 Earnings: Burn Rate Feb 5, 2015
Charter Q4 2014 Earnings: Pippa the Bridesmaid Feb 5, 2015
FCC Title II Fact Sheet Feb 4, 2015
Level 3 Q4 2014 Earnings: Smooth Sailing, and Guiding to More of the Same Feb 4, 2015
FOXA: The Best-Laid Plans of Fox and Men Feb 4, 2015
DIS: It’s Not Expensive When Numbers Are Too Low Feb 4, 2015
U.S. Wireless & Dish Network: Searching for Meaning on the AWS-3 Merry Go Round Feb 2, 2015
VIAB: A Brave New World Jan 30, 2015
Time Warner Cable: If TWC Has to Go It Alone, then... Jan 29, 2015
VIAB: F1Q Earnings Review Flash Jan 29, 2015
AT&T Q4 2014 Earnings: How Safe is the Dividend? Jan 27, 2015
Internet Infrastructure: The Almighty Dollar... A Close Look at FX Exposure across the Group Jan 26, 2015
Cable & Satellite 2015 Preview Jan 23, 2015
NATPE Takeaways Jan 23, 2015
Verizon Q4 2014 Earnings: What, Me Worry? Jan 22, 2015
2015-01-14 Republic Wireless Presentation Jan 21, 2015
Cable & Satellite 2015 Preview: Can We Please Talk About Something Other than Regulation? Jan 20, 2015
VIAB & DISH: Scale Tactics or Scare Tactics? Jan 20, 2015
Quarter to Forget Slides Jan 16, 2015
Republic Wireless Meeting Notes Jan 15, 2015
4Q Media Preview: A Quarter To Forget Jan 14, 2015
Meeting with T-Mobile Jan 14, 2015
U.S. Home Entertainment: Why Buy or Rent? Jan 12, 2015
Discussion with J.P. Morgan 1/12/2015 Jan 12, 2015
U.S. Media: Hard to Look Forward Without Looking Back Jan 8, 2015
AT&T and Verizon: 2015 Preview… Apocalypse Now? Jan 5, 2015
Sprint (S): What We Know… and What We Don’t. Cutting Our TP to $2.00. Dec 18, 2014
CNK: Well Positioned for 2015 & Beyond Dec 17, 2014
Meeting with Charter Communications Dec 16, 2014
SEAS: Cutting Bait –Downgrading to Neutral Dec 15, 2014
T-Mobile: Worth More Dead than Alive? Buy with a Target of $40 Dec 15, 2014
Meeting with Cox Communications Dec 15, 2014
NFLX: Netflix Is Coming, Netflix Is Coming Dec 10, 2014
Zayo Launch Slides Dec 5, 2014
Internet Infrastructure: Arms Merchant to the Telecom Industry… Initiating Coverage of Zayo Dec 2, 2014
DIS: Diversification Drives De-Coupling Dec 1, 2014
U.S. Wireless: This is Not Your Father’s AT&T (Part I)… Lowering Target Price to $31 Dec 1, 2014
Meeting with Comcast Notes Nov 18, 2014
U.S. Advertising: Of Course, It Is! Nov 18, 2014
VIAB: History Repeats? Nov 14, 2014
Scott Ferber - Videology Nov 13, 2014
SEAS: Looking to Put This Summer In Rear-view Mirror Nov 13, 2014
Juan Bruce - EpoxyTV Nov 13, 2014
Evan Shapiro Nov 13, 2014
Dave Morgan - Simulmedia Nov 13, 2014
Eric Mathewson - WideOrbit Nov 13, 2014
Net Neutrality and Title II Slides Nov 13, 2014
Greg Alkalay - batteryPOP Nov 13, 2014
BatteryPop - Greg Alkalay Nov 13, 2014
Roy Burstin - MiTu Nov 13, 2014
Ari Tuchman - Quantifund Nov 13, 2014
Dan Rosenberg - MediaMath Nov 13, 2014
VIAB: F4Q Earnings Review Flash Nov 13, 2014
Sandy Brown - ONE World Sports Nov 13, 2014
Warren Packard - Thuuz Sports Nov 13, 2014
SEAS: 3Q Earnings Review Flash Nov 12, 2014
CNK: Executing Through Tough Comps Nov 7, 2014
AMCX: Turn Nov 7, 2014
Cogent Q3 2014 Earnings: A Return to Normalcy? Nov 7, 2014
Zayo Q1 F2015 Earnings: Incremental Insights into Incremental Returns Nov 7, 2014
CNK: 3Q Earnings Review Flash Nov 6, 2014
DirecTV Q3 2014 Earnings: Is Satellite Hitting the Wall? Nov 6, 2014
Pay TV Q3 2014 First Look: Or Is It a Last Look... at Pay TV and Cord Cutting in the Era Before Nov 6, 2014
DIS: Time to Let FY2014 Go Nov 6, 2014
SNI: 3Q Earnings Review Flash Nov 6, 2014
SNI: Leading in Ratings & Transparency Nov 6, 2014
Cablevision Q3 2014 Earnings: The Two-Headed Monster Nov 6, 2014
FOXA: One of The Few (Expected Beats) Nov 5, 2014
TWX: 3Q Earnings Review Flash Nov 5, 2014
Level 3 Q3 2014 Earnings: The Smell of Bandwidth in the Morning Nov 5, 2014
CBS: An In-Line Quarter* Nov 5, 2014
TWX: Writing It Down & Moving Ahead Nov 5, 2014
Dish Network Q3 2014 Earnings: Is a Spectrum Sale Even Possible? Nov 4, 2014
DISCA: 3Q Earnings Review Flash Nov 4, 2014
DISCA: The First of Many Nov 4, 2014
Sprint Q2 F2014 Earnings: Does Sprint Have a Strategy? Nov 3, 2014
VIAB: We’ve Seen This Movie Before Nov 3, 2014
Time Warner Cable Q3 2014 Earnings: What Happens if the Deal Breaks? Oct 30, 2014
Charter Q3 2014 Earnings: The Calm Before the Storm Oct 29, 2014
CBS: Was Thursday Night NFL Worth It? Oct 29, 2014
RGC: An Unexpected Journey Oct 28, 2014
T-Mobile Q3 2014 Earnings: Why Can’t TMUS Get No Respect? Oct 28, 2014
SEAS 3Q Preview: Looking Past Current Beached Stock Oct 23, 2014
Comcast Q3 2014 Earnings: What Does the Market Think It Knows About Comcast’s TWC Deal? Oct 23, 2014
TWX: “Just Don’t Worry” Oct 22, 2014
Zayo Coverage Initiation Part II –A Close Look at Incremental Returns & Normalized Reinvestment Needs Oct 22, 2014
The OTT Threat Returns Slides Oct 22, 2014
AT&T Q3’14 Earnings: Will AT&T Be Caught Swimming Naked in Q4? Oct 22, 2014
Verizon 3Q’14 Earnings: The Curious Case of VZ versus T Oct 21, 2014
The Next Wave Summit Agenda Oct 20, 2014
NFLX: Entering Growth Purgatory Oct 15, 2014
U.S. Wireless: The iPhone Effect Oct 15, 2014
Zayo Coverage Initiation Part I – Dark Fiber and Towers: Batman vs. Superman, or “You’re No Jack Kennedy”? Oct 13, 2014
3Q Media Preview: Short on Eyeballs? Just Add Inventory Oct 12, 2014
U.S. Media: 3Q Ratings - The Ship Be Sinking* Oct 8, 2014
U.S. Cable & Telecom: Occam’s Router [the Cable WiFi Story] Oct 5, 2014
Internet Infrastructure Slides Oct 3, 2014
DISCA: Who'll Stop the Rain? Oct 2, 2014
CBS: Follow The Revisions, Follow The Stock Sep 30, 2014
Internet Infrastructure: Showing Some Backbone… Initiating Coverage of Cogent and Level 3 Sep 29, 2014
Wall of Worry Slides Sep 23, 2014
U.S. Theaters: Guardians Save August, But Not Full 3Q Sep 19, 2014
LONGITUDINAL ETHNOGRAPHY & ACCELERATION STUDY Sep 19, 2014
U.S. Cable and Satellite: The Wall of Worry Sep 18, 2014
FOXA: Just Execute, Baby Sep 17, 2014
NFLX: Getting Under the Hood of International Sep 11, 2014
Meeting with Sprint Sep 11, 2014
Time Warner Cable meeting notes Sep 10, 2014
U.S. Wireless: A Fresh Look through the Lens of FCF Slides Sep 9, 2014
Meeting with Suddenlink Notes Sep 9, 2014
U.S. Wireless: A Fresh Look through the Lens of FCF Sep 4, 2014
U.S. Media: This Really is the Golden AGE of TV Sep 4, 2014
U.S. Advertising: The Other 98% Sep 2, 2014
SEAS: 2Q Earnings Review Flash Aug 13, 2014
SEAS: Seasick, But Sticking With Buy Aug 13, 2014
U.S. Media: July Ratings –There Was A Time… Aug 12, 2014
CBS: The Denominator Strikes Back, Again Aug 8, 2014
AMCX: It Gets Harder From Here Aug 8, 2014
Pay TV First Look: Flat is the New Up… Pay TV Holds Steady in Q2; Cord Cutting Slows to a Crawl Aug 7, 2014
SNI: 2Q Earnings Review Flash Aug 7, 2014
AMCX: 2Q Earnings Review Flash Aug 7, 2014
SNI: Growing Appetite for Buybacks? Aug 7, 2014
TWX 2Q Earnings Review Flash Aug 6, 2014
VIAB F3Q Earnings Review Flash Aug 6, 2014
FOXA: DONE! Aug 6, 2014
Dish Network: Is DISH Now a Buyer Instead of a Seller? Aug 6, 2014
Sprint and T-Mobile: Withdrawal Symptoms Aug 6, 2014
Verizon Meeting Notes Aug 6, 2014
TWX: Time for the Plan Aug 6, 2014
VIAB: More Than Just Advertising Aug 6, 2014
Cablevision: What Would It Take for CVC to Grow into Its Valuation? Aug 5, 2014
DIS: No Doubts Here Aug 5, 2014
T-Mobile Meeting Notes Aug 5, 2014
CNK: Latin America Proving Its Worth Aug 5, 2014
CNK: 2Q Earnings Review Flash Aug 5, 2014
Wireless Q2 First Look: Service Revenue Growth Falls to Zero. Yes, ZERO. Aug 4, 2014
DISCA: Always Open For Interpretation Aug 1, 2014
FOXA-TWX: A Deeper Look Aug 1, 2014
T-Mobile: Why the Urge to Merge? Jul 31, 2014
DirecTV: Fixing What Isn't Broken Jul 31, 2014
DISCA: 2Q Earnings Review Flash Jul 31, 2014
Charter: The Long and Winding Road Jul 31, 2014
Time Warner Cable: What Comcast Bought Jul 31, 2014
Sprint: Can Sprint Survive on its Own? Does It Matter? Jul 30, 2014
FOXA/TWX: We Have Our Doubts Jul 28, 2014
RGC: I Know What You Did Last Summer Jul 25, 2014
Aereo 2d Cir cable system letter.pdf Jul 25, 2014
AT&T: How I Spent My EIP Dividend Jul 23, 2014
Verizon: The Rx for What Ails Wireless… Take Two Tablets and Call me in the Morning Jul 22, 2014
Comcast: The Land of the Giants Jul 22, 2014
NFLX: Now the Fun Starts Jul 22, 2014
NFLX 2Q Preview: We Interrupt the M&A Show for Earnings Jul 21, 2014
FOXA: The Math Behind The TWX Deal Jul 17, 2014
The Broadband Report Conference Call Jul 15, 2014
U.S. Media: Cable Nets Preview: Dispersion Continues? Jul 14, 2014
TiVo Meeting Notes Jul 14, 2014
U.S. Cable and U.S. Telecom: The Broadband Report Jul 8, 2014
SEAS 2Q Preview: Steadier Seas Ahead? Jul 7, 2014
U.S. Theaters: No Fault in Taking Up 2Q Numbers Jul 2, 2014
DIS: A Magn-eficent First Half Jun 30, 2014
CBS: Keeping an Eye on 2Q Earnings Jun 25, 2014
FOXA: Getting Through the Days of Future Past Jun 23, 2014
U.S. Wireless: Removing the Rose-Colored Glasses Jun 18, 2014
U.S. Media: May Ratings – Like Old Times? Jun 17, 2014
West Coast Takeaways: Nobody Knows Anything? Jun 16, 2014
Sprint and T-Mobile: Good Luck and Godspeed… You’re Going to Need It Jun 5, 2014
AMCX: Walking Dead? Downgrade to Neutral Jun 4, 2014
Charter: The Case for CHTR… Our Pro Forma Model (and Did We Mention $24 of FCF Per Share in 2018?) Jun 2, 2014
U.S. Advertising: On Fire* May 30, 2014
U.S. Media: Self-Cooking & Loving It May 22, 2014
U.S. Broadband Q1 Wrap-Up: Parsing AT&T’s Additional Fifteen Million Broadband Passings May 22, 2014
Dish Network: Smoked. Out. Downgrading to Sell May 19, 2014
SEAS: It’s All About Timing May 14, 2014
CBS: Doing the Math May 9, 2014
SNI: Doing the Cost Growth Shuffle May 8, 2014
Cablevision (CVC): Do Earnings Even Matter Anymore? May 8, 2014
AMCX: The Other Side of Not Providing Guidance May 8, 2014
Dish Network: The End Game is Afoot May 8, 2014
FOXA: All Systems Go! May 8, 2014
Pay TV 1Q14 First Look: Cable Strikes Back May 8, 2014
AT&T and Verizon: Less than Meets the Eye? May 7, 2014
CNK: Solid Start to the Year May 7, 2014
DIS: Beaten Like a Rented Goalie May 7, 2014
DISCA: Coming Back to the Pack May 7, 2014
DirecTV: Show Them A Little Leg May 6, 2014
CNK: 1Q Earnings Review Flash May 6, 2014
DISCA: 1Q Earnings Review Flash May 6, 2014
Here Comes Reverse Retrans Slides May 2, 2014
Q1 ‘14 Wireless First Look: The Market is Growing Again, but T-Mobile Just Stole the Industry’s Lunch Money May 2, 2014
VIAB: Adding an English Accent May 2, 2014
T-Mobile: Merger? Who Said Anything about a Merger? May 1, 2014
VIAB F2Q Review Flash May 1, 2014
TWX: A Rollercoaster Ride Of An Earnings Call May 1, 2014
TWX 1Q Review Flash Apr 30, 2014
Sprint: Hope, Dreams, and EIP Pixie Dust Apr 29, 2014
Charter and Comcast: The Bridesmaid and the Bouquet… A Summer of Love and a Springtime of Subscribers Apr 28, 2014
U.S. Media and Cable & Satellite: The Third Wave: Here Comes Reverse Retrans! Apr 28, 2014
RGC: A Solid (In-Line) Start; But Tougher Road Ahead? Apr 25, 2014
Comcast: Everything Old is New Again – Upgrading to Buy, Target Price $58 Apr 25, 2014
Verizon: Now We Know Where T’s Subs Came From Apr 24, 2014
Time Warner Cable: Playing for Pride Now Apr 24, 2014
AT&T: More than Just Accounting… but What’s Next? Apr 22, 2014
NFLX: Giving These Guys Credit Apr 22, 2014
Comcast: Time Is on Your Side Apr 22, 2014
FCC Meeting Notes Apr 21, 2014
U.S. Telecom, Cable & Satellite - ROIC: Return to First Principles Apr 15, 2014
SEAS 1Q Preview: Roller Coaster Ride Continues Apr 14, 2014
U.S. Media 1Q Preview: One Long and Unusual Quarter Apr 14, 2014
FOXA: Conference Call Transcript Apr 9, 2014
Film Industry: A Look from Both Sides of the Screen Apr 7, 2014
Top Large Cap Idea: 21st Century Fox (FOXA) Slides Apr 3, 2014
Republic Wireless Meeting Apr 1, 2014
TWX: It’s Like Deja Vu All Over Again Mar 31, 2014
Comcast and Time Warner Cable: Is Bigger Better? Mar 30, 2014
Comcast and Time Warner Cable: Is Bigger Better? Our Pro Forma Model Mar 26, 2014
U.S. Wireless: The Rise of the Machines… and No, This Isn’t a Price War Mar 19, 2014
DISCA: Re-discovering Discovery Mar 17, 2014
SEAS: Sea-ing the Opportunity Mar 14, 2014
U.S. Media: The Super Bowl, Winter Olympics and Polar Vortex Walk Into a Bar… Mar 12, 2014
Sprint and T-Mobile: Masa Makes His Case Mar 11, 2014
U.S. Advertising: Should We Be Worried? Mar 6, 2014
Comcast and Time Warner Cable: What Will it Cost to Seal the Deal in D.C.? [Conference Call Transcript and Updating Models After Q4 Earnings] Mar 5, 2014
Station List Feb 28, 2014
TVB Guide to 2014 Political Races Feb 28, 2014
AMC Networks: Chellooooooo Feb 28, 2014
TVB Presentation Feb 28, 2014
DMAs Feb 28, 2014
2014 Sector Themes Presentation Feb 27, 2014
AMC Networks 4Q Earnings Flash Feb 27, 2014
Netflix: The Law of Large…And Small Numbers Feb 26, 2014
Cablevision Q4 2013 Earnings: Mind Your P’s & Q’s Feb 26, 2014
T-Mobile Q4 2013 Earnings: Perhaps it’s Time for the Rest of the Industry to Recalibrate Feb 25, 2014
U.S. Pay TV: The Steady Drip, Drip, Drip of Cord-Cutting Feb 21, 2014
Dish Network Q4 2013 Earnings: Oh Wait, I Forgot That Dish Still Operated a Satellite TV Business Feb 21, 2014
Charter Q4 2013 Earnings: Growth Was Always Plan A Feb 21, 2014
Cinemark: Building Blocks for Future Growth Feb 20, 2014
DirecTV Q4 2013 Earnings: Heading North/Looking South Feb 20, 2014
Comcast and Time Warner Cable Slides Feb 19, 2014
U.S. Wireless: A Sprint to the Bottom? [Conference Call Transcript] Feb 19, 2014
Scripps Networks: Growing More Like Its Peers Feb 17, 2014
Regal: A Disappointing End To A Strong Year Feb 14, 2014
Scripps Networks: 4Q Earnings Flash Feb 14, 2014
Discovery: Oh, Discovery Had Earnings? Feb 14, 2014
Comcast and Time Warner Cable: Of White Knights and Brotherly Love Feb 13, 2014
CBS: The Denominator Strikes Back Feb 13, 2014
Discovery: 4Q Earnings Flash Feb 13, 2014
U.S. Wireless: Sprint to the Bottom Feb 12, 2014
Wireless Industry Q4’13 First Look: Subscriber Growth Accelerates; Smartphone Penetration Slows Feb 11, 2014
U.S. Media: The Sunny Side of the Polar Vortex Feb 11, 2014
Sprint (S): Q4 2013 Earnings – The Cheering in the Stands Feb 11, 2014
T-Mobile (TMUS): A Method to the Madness... Raising Target Price to $40 Feb 10, 2014
21st Century Fox: I Love It (I Don’t Care) – Redux Feb 6, 2014
Disney: An Old Fashioned Disney Beat (Down) Feb 6, 2014
Time Warner: Adjusting for a Time without Time Feb 5, 2014
21st Century Fox: Patience Is a Virtue; Upgrade to Buy Feb 4, 2014
Sprint (S): What Will it Cost to Build (and Run) a High-Frequency Network? Feb 3, 2014
DirecTV: Caught in the Cross-Currents of Currency Jan 31, 2014
Viacom: Moving EPS to $5.53 With Thesis Intact Jan 30, 2014
Time Warner Cable Q4 2013 Earnings: Little Bighorn Jan 30, 2014
AT&T Q4 2013 Earnings: Domestic Help? Jan 28, 2014
Comcast Q4 2013 Earnings: Boardwalk Empire Jan 28, 2014
Netflix: All About International Jan 23, 2014
Comcast and Time Warner Cable: Updating Models Before Q4 2013 Earnings Jan 22, 2014
Verizon Q4 2013 Earnings: How Long Can Verizon Float Above the Fray? Jan 21, 2014
Our Media View for 2014 Jan 21, 2014
U.S. Media: Beware of Soft Scatter & Weak Ratings Jan 14, 2014
AT&T, Vodafone, & Global Wireless: Will the U.S. Look Like Europe, or Will Europe Look Like the U.S.? Jan 13, 2014
SeaWorld Entertainment: A Whale Of A Story Jan 10, 2014
U.S. Media: Where Will the House of Cards Fall in 2014? Jan 8, 2014
The Changing TV Viewing Landscape Dec 19, 2013
Disney: Complicated But Worth It Dec 11, 2013
Takeaways from the MoffettNathanson Broadband Policy Summit Dec 10, 2013
U.S. Wireless: Who Won Black Friday? Dec 5, 2013
Charter, Comcast & Time Warner Cable: Playing to Win, or Playing Not To Lose? Adjusting Sector Target Prices. Dec 2, 2013
U.S. Media: Adiós Mexico, Olá Future Growth Nov 25, 2013
U.S. Media: Politics and Olympics Mask 3Q Growth Nov 25, 2013
Cable Consolidation Nov 25, 2013
U.S. Wireless: A Proprietary Deep-Dive into the T-Mobile Effect; Raising TMUS Target to $36 Nov 19, 2013
U.S. Media: An Interesting Start to the Year Nov 18, 2013
Viacom: It's Real Simple: Good Growth at a Low Price Nov 15, 2013
U.S. Media: Set Up To Fail? Nov 13, 2013
SeaWorld: A Whale of a Quarter Nov 13, 2013
U.S. Pay TV, Telecom, and Media: Subscriber Losses Continue, but… Wait for it… Cord Cutting Slows Nov 12, 2013
Dish Network Q3 2013 Earnings: Is it a Good Thing or a Bad Thing to Have Too Much of a Good Thing? Nov 12, 2013
U.S. Cable & Telecom: Charting the Broadband Market...Is Cable Broadband Finally Hitting a Wall? Nov 11, 2013
Cinemark: Setting Up Nicely for Next Year Nov 8, 2013
Cablevision Q3 2013 Earnings: For Sale – Overpriced, Once-Proud Home in Once-Prime Neighborhood; Needs Lots of TLC. Willing to Negotiate. Nov 8, 2013
Disney: The Devil’s in the Details Nov 8, 2013
AMC Networks: Not What We Had In Mind, Part Deux Nov 7, 2013
Scripps Networks: Waiting For Food To Start Cooking Nov 7, 2013
21st Century Fox: I Love It (I Don’t Care) Nov 6, 2013
Time Warner: Doing the Math For You Nov 6, 2013
CBS: The Beat Doesn't Go On, But Does It Matter? Nov 6, 2013
U.S. Wireless: A First Look at Q3 Results... U.S. Wireless Service Revenue Growth Falls to Just 3.0% Nov 5, 2013
T-Mobile Q3 2013 Earnings: Is it Time to Start Taking T-Mobile Seriously? Nov 5, 2013
DirecTV Q3 2013 Earnings: Everything Old is New Again Nov 5, 2013
Charter Q3 2013 Earnings: Taking TWC to Charter School Nov 5, 2013
Discovery: It's Just The Way It Is Nov 1, 2013
Time Warner Cable Q3 2013 Earnings: Give Me Liberty or Give Me Death Oct 31, 2013
Comcast Q3 2013 Earnings: Great Expectations Oct 30, 2013
Sprint Q3 2013 Earnings: Fixing Sprint Oct 30, 2013
AMC Networks: Not What We Had In Mind Oct 28, 2013
U.S. Media: Are You Ready for Some Earnings? Oct 28, 2013
Regal: Acquisitions and Box Office Conjure Strong Results Oct 25, 2013
Google Fiber: Archimedes’ Lever Oct 25, 2013
AT&T Q3 2013 Earnings: Time for a European Vacation? Oct 23, 2013
Netflix: Earnings Beats Are The New Black Oct 22, 2013
U.S. Media: The Big Easy – Lapping Olympic Compares Oct 22, 2013
Media Initiation Slides Oct 18, 2013
Verizon Q3 '13 Earnings: Meanwhile, Back in the States... Oct 17, 2013
Netflix: It’s Not TV, It’s Not HBO Either Oct 17, 2013
U.S. Media Initiation: Are We There Yet? Oct 14, 2013
Sprint: How Long is Long-Term? Oct 11, 2013
U.S. Wireless: Playing the Price Card Oct 3, 2013
Verizon: Upgrading to Neutral, Target Price Unchanged Oct 1, 2013
DirecTV and Dish Network: The Coming Together May be Coming Apart… Downgrading Both to Neutral Sep 23, 2013
Cable M&A Sep 20, 2013
Cable M&A: Unfulfilled Wish or Self-Fulfilling Prophecy? Sep 13, 2013
Verizon and Vodafone: Beauty is in the Eye of the Beholder Aug 29, 2013
U.S. Telecom: The Four Player Market and the Zero-Sum Game Aug 21, 2013
U.S. Telecom and U.S. Pay TV: The FiOS Effect Aug 14, 2013
T-Mobile Q2 2013 Earnings: Wireless Sharknado Aug 8, 2013
U.S. Pay TV: The Pace of Cord Cutting Quickens Aug 6, 2013
Charter Q2 2013 Earnings: A Deal is Now Need-to-Have, Not Nice-to-Have Aug 6, 2013
Dish Network Q2 2013 Earnings: Rotting at the Core? Aug 6, 2013
Cablevision Q2 2013 Earnings: Buyer Wanted Aug 2, 2013
DirecTV Q2 2013 Earnings: Does a Bear Sit in the Woods? Aug 1, 2013
Time Warner Cable Q2 2013 Earnings: Is Bad News Good News and Good News Bad? Aug 1, 2013
Comcast Q2 2013 Earnings: The Wallflower – no, the Chaperone – at the Consolidation Dance Jul 31, 2013
Sprint Q2 2013 Earnings: The Fixer-Upper Jul 30, 2013
AT&T Q2 2013 Earnings: Can Slow-and-Steady Outrun an Entire Industry? Jul 23, 2013
Verizon Q2 2013 Earnings: The Big Red Machine and the Vodafone Conundrum (and the iDEN Asterisk) Jul 18, 2013
Telecom Conf Call Jul 15, 2013
AT&T Buys Leap Wireless: Hell Hath No Fury Jul 15, 2013
Telecom: After the Smartphone Jul 9, 2013
Pruning Bad Branches – Upgrading Dish Network and DirecTV to Buy Jun 27, 2013
Cable and Satellite Conf Call Jun 7, 2013
Cable and Satellite: The Next Ten Years Jun 4, 2013