RESEARCH

Title	Date
ViacomCBS: The First Step Up The Mountain	May 7, 2021
Roku: Selling the Shovels	May 7, 2021
Fox: Thursday Night Lite	May 6, 2021
Cable One Q1 2021 Earnings: The Margin Story	May 6, 2021
Data Center Marketing Deck	May 5, 2021
Towers Marketing Deck	May 5, 2021
Lumen Q1 2021 Earnings: What Went Wrong, and What Might Go Right	May 5, 2021
Internet Infrastructure Marketing Deck	May 5, 2021
Frontier: Assigning Buy Rating and Target Price of $31	May 4, 2021
T-Mobile Q1 2021 Earnings: The Anxious Twilight of LTE	May 4, 2021
Charter Q1 2021 Earnings: A Return to First Principles?	Apr 30, 2021
Twitter: The Math Doesn't Make Sense?	Apr 30, 2021
Frontier Q1 2021 Earnings: Welcome Back	Apr 30, 2021
Interpublic and WPP: The V-Shaped Agency Recovery	Apr 29, 2021
Dish Network Q1’21 Earnings: About that Amazon Deal…	Apr 29, 2021
CoreSite Q1 2021 Earnings: Not Yet Humming	Apr 29, 2021
Digital Realty Q1 2021 Earnings: Growth Cross-Currents	Apr 29, 2021
Discovery: Proving the Discovery Difference	Apr 29, 2021
American Tower Q1 2021 Earnings: Chugging Along, with Drivers for the Future Falling into Place	Apr 29, 2021
Comcast Q1 2021 Earnings: Let's Get Stimulated!	Apr 29, 2021
Facebook: Do Not Track?	Apr 29, 2021
Altice USA Q1 2021 Earnings: Price versus Volume	Apr 28, 2021
CyrusOne Q1 2021 Earnings: Is the New Leadership Team Making Progress?	Apr 28, 2021
Alphabet: Two Years + Three Tailwinds = $2,800 PT	Apr 28, 2021
Equinix Q1 2021 Earnings: Slower, but Sustainable?	Apr 28, 2021
Cogent Q1 2021 Earnings: Closer to a Turn?	Apr 28, 2021
AT&T and Verizon: Holding Pattern? Downgrading Verizon to Neutral	Apr 27, 2021
QTS Q1 2021 Earnings: Can QTS Keep It Up?	Apr 27, 2021
U.S. Media: The Plot Twists Keep Coming! Upgrading ViacomCBS to Neutral	Apr 26, 2021
SBA Q1 2021 Earnings: All Eyes On 2022	Apr 26, 2021
Snap: And It Gets Better From Here	Apr 23, 2021
AT&T Q1'21 Earnings: A War on Three Fronts	Apr 22, 2021
Crown Castle Q1 2021 Earnings: Moving in the Right Direction	Apr 21, 2021
Netflix: Is Streaming a Good Business? (Part 2)	Apr 21, 2021
Verizon Q1’21 Earnings: Is Good Enough Good Enough?	Apr 21, 2021
Omnicom: The First of Many?	Apr 21, 2021
Fox: Why We Remain Bullish	Apr 19, 2021
A Semi-Precious Stone in the Rough... Initiating Coverage of Frontier	Apr 19, 2021
Altice USA: How Long is ATUS’s Broadband Runway? A Peek through the Lens of Proprietary Market Share Data	Apr 16, 2021
U.S. Media: Is Streaming a Good Business?	Apr 14, 2021
Dish Network: Revisiting the Logic of a Satellite Merger	Apr 13, 2021
U.S. Towers: Revisiting Key Growth Drivers and Reassessing Valuations	Apr 12, 2021
Is Starlink a Substitute for, or a Supplement to, Wired Broadband?	Apr 5, 2021
Telecom and Cable & Satellite Marketing Deck	Apr 1, 2021
Data Centers: What Insights Can ROIC Reveal About Performance and Valuation?	Mar 31, 2021
U.S. Advertising: The Case for Our Wide-Eyed Optimism	Mar 31, 2021
U.S. Media: A Return of the “Haves” and “Have-Nots”; Downgrade VIAC to Sell	Mar 25, 2021
U.S. Sports: The NFL Spikes the Ball	Mar 19, 2021
U.S. Broadband: Stimulus to the Rescue?	Mar 16, 2021
U.S. Wireless: Seven Takeaways from Three Analyst Days	Mar 15, 2021
WPP: In the End, It Just Wasn’t That Bad	Mar 12, 2021
Disney: ESPN Lacing Up Their Skates Again – March 11, 2021	Mar 11, 2021
ViacomCBS: Climbing a Mountain of Worries	Mar 11, 2021
Commercial Wireline Services: Will the Recovery be Good, or Bad, for Incumbents?	Mar 9, 2021
Roku: Is It AOL or Is It Netflix?	Mar 8, 2021
Wireless Q4 2020: That Which is Unsustainable…	Mar 5, 2021
Q4 2020 Cord-Cutting Monitor: Revisiting the Value Chain	Mar 2, 2021
AMC Networks: Not The Walking Dead?	Mar 1, 2021
Cinemark: Will Share Gains Be Enough?	Mar 1, 2021
Twitter: They Are Not Who We Thought They Were	Feb 26, 2021
ViacomCBS: Mission Impossible?	Feb 25, 2021
Cable One Q4 2020 Earnings: The High Price of a High Valuation?	Feb 25, 2021
American Tower Q4 2020 Earnings: Looking Out Over the Sprint Churn Hump	Feb 25, 2021
U.S. Telecom: Aftershocks from the C-Band Auction	Feb 25, 2021
Cogent Q4 2020 Earnings: Searching for a Bottom	Feb 25, 2021
Snap: They Are Who We Thought They Were	Feb 24, 2021
Discovery: A New Growth Company?	Feb 23, 2021
SBA Q4 2020 Earnings: The Shape of the “U”	Feb 22, 2021
Dish Network Q4 2020 Earnings: When Will We Learn about Financing?	Feb 22, 2021
Roku: Hunting for Impressions	Feb 19, 2021
Omnicom: Easy Comps & Longer Term Challenges	Feb 18, 2021
CyrusOne Q4 2020 Earnings: A Good Q4... Whither 2021?	Feb 17, 2021
Digital Advertising: Will Apple Be Poisonous?	Feb 17, 2021
QTS Q4 2020 Earnings: Blowout*	Feb 16, 2021
Disney: Three Different Mice	Feb 12, 2021
Interpublic: Rather Be Early (Part 2)	Feb 11, 2021
Digital Realty Q4 2020 Earnings: The Repositioning Shining Through	Feb 11, 2021
Twitter: Signs of Green Shoots; Upgrade to Neutral	Feb 10, 2021
Equinix Q4 2020 Earnings: Confidence vs. Caution	Feb 10, 2021
Lumen Q4 2020 Earnings: Focus on Fundamentals	Feb 10, 2021
Altice USA Q4 ’20 Earnings: Same Debate, Different Day	Feb 10, 2021
Fox: Will Frustration Lead To More Action?	Feb 9, 2021
U.S. Media: Will Going OTT Burst The Sports Bubble?	Feb 8, 2021
Snap: Doubling Down on Growth	Feb 5, 2021
U.S. Media: Should We Worry About Sports Ratings?	Feb 4, 2021
T-Mobile Q4 2020 Earnings: Balance Sheet Wars?	Feb 4, 2021
CoreSite Q4 2020 Earnings: Slowly Gathering the Necessary Ingredients	Feb 4, 2021
Alphabet: Disclosing a Much Better Story	Feb 3, 2021
Cogent: A Revenant, Not a Dead Man Walking... Upgrade to Buy, Target Price $69	Feb 3, 2021
High Voltage: Some Thoughts on SBA’s Deal with PG&E	Feb 3, 2021
Charter Q4 2020 Earnings: Can Growth be Sustained?	Jan 29, 2021
Comcast Q4 2020 Earnings: Flex versus Peacock	Jan 28, 2021
Facebook: Exit Velocity	Jan 28, 2021
Discovery+: International Markets Are Complicated, but Represent a Vast Opportunity – January 27, 2021	Jan 27, 2021
Crown Castle Q4 2020 Earnings: Positioned to Lead in Tower Growth?	Jan 27, 2021
AT&T Q4 2020 Earnings: Something's Gotta Give	Jan 27, 2021
Verizon Q4 2020: After the Auction	Jan 26, 2021
4Q20 SVOD Tracker: I’ll Be Streaming for Christmas?	Jan 22, 2021
Dish Network: The U.S. Auction, and Lessons from Japan	Jan 20, 2021
Netflix: The Residue of Design	Jan 20, 2021
American Tower: Exploring Europe... What Should We Make of the Telxius Towers Acquisition?	Jan 19, 2021
U.S. Media & Internet: Blue Skies for Now; Upgrading Discovery and Snap to Buy	Jan 15, 2021
Data Centers: Positioning for 2021 and Beyond	Jan 14, 2021
Twitter: The Dark Side of the Trump Bump	Jan 11, 2021
The 5G Winner’s Curse (Part II): The Rhyme of History – January 11, 2021	Jan 11, 2021
U.S. Media: Our Virtual Visit to an Altered Universe	Jan 5, 2021
The 5G Winner’s Curse? - January 4, 2021	Jan 4, 2021
U.S. Cable & Satellite and Telecom: A Year in Review, and a Year in Preview	Dec 21, 2020
Communications Infrastructure: 2020 Review and 2021 Outlook	Dec 21, 2020
WPP: Turning It Around?	Dec 18, 2020
Broadband 2021: Where Are All the Subs Coming From?	Dec 16, 2020
Disney: “If It Was Easy, Everyone Would Do It”	Dec 11, 2020
Media & Internet Marketing Deck	Dec 9, 2020
RDOF Auction Results: Money for Nothing? Implications for Lumen, Charter, Satellite, Towers, and Others	Dec 8, 2020
The C-Band Auction: And So it Begins… - December 8, 2020	Dec 8, 2020
Disney: Do You Believe in Magic? (Act 2)	Dec 7, 2020
AT&T & U.S. Theaters: Suicide Squad? – December 4, 2020	Dec 4, 2020
U.S. Towers: Taking a Fresh Look at 2021 and Beyond	Dec 4, 2020
Discovery: Is discovery+ More Like CBS All Access or Disney+? – December 3, 2020	Dec 3, 2020
Wireless Q3 2020: The Spoils of a Three Player Market? Upgrading Verizon to Buy, Raising TP to $66	Dec 2, 2020
U.S. Advertising: That Was Unexpected!	Nov 24, 2020
5G Summit: The Road to Revolution - Key Takeaways	Nov 23, 2020
U.S. Towers: What Should We Make of Crown Castle’s Deal with Dish Network?	Nov 23, 2020
Q3 2020 Cord-Cutting Monitor: Are We Finding a Floor?	Nov 19, 2020
Takeaways from REITworld 2020 Management Meetings	Nov 19, 2020
U.S. Media: The Day the Windows Broke – An Update – November 17, 2020	Nov 17, 2020
Digital Advertising: It’s Good to Be Small & Medium	Nov 16, 2020
Disney: The Disney Rorschach Test	Nov 13, 2020
ViacomCBS: Walking the Transformation Tightrope	Nov 9, 2020
Cinemark: Can Dynamic Windowing Be A Good Thing?	Nov 6, 2020
Roku: Stream On, Dream On	Nov 6, 2020
Dish Network Q3 2020 Earnings: What Have We Learned?	Nov 6, 2020
Discovery: The Discovery Difference?	Nov 6, 2020
T-Mobile Q3 2020 Earnings: From 3G Worst to 5G First	Nov 5, 2020
Cogent Q3 2020 Earnings: COVID Winner to COVID Loser to COVID What?	Nov 5, 2020
Cable One Q3 2020 Earnings: Twin Pillars	Nov 5, 2020
Fox: Is the Trump News Network to Blame?	Nov 4, 2020
Lumen Q3 2020 Earnings: Hangin’ Tough	Nov 4, 2020
AMC Networks: Needing a Bigger “Life” Boat?	Nov 3, 2020
SBA Q3 2020 Earnings: The Last Best Hope	Nov 2, 2020
Charter Q3 2020 Earnings: The Big Pull-Forward?	Oct 30, 2020
Online Advertising: Easy Money	Oct 30, 2020
Comcast Q3 2020 Earnings: Pet Rock	Oct 29, 2020
WPP: Does the V Look Like a U for Now?	Oct 29, 2020
American Tower Q3 2020 Earnings: End of an Era?	Oct 29, 2020
CoreSite Q3 2020 Earnings: A Return to Normalcy	Oct 29, 2020
Altice USA Q3 2020 Earnings: The M&A Exit?	Oct 29, 2020
Digital Realty Q3 2020 Earnings: Portfolio Evolution	Oct 29, 2020
Equinix Q3 2020 Earnings: What is an Unassailable Position Worth?	Oct 28, 2020
Omnicom: Enough Already, Upgrade to Neutral from Sell	Oct 28, 2020
CyrusOne Q3 2020 Earnings: Ride ‘Em On Down	Oct 28, 2020
QTS Q3 2020 Earnings: Conditioning Investors	Oct 26, 2020
Interpublic: Rather Be Early Than Late; Upgrade to Buy	Oct 22, 2020
AT&T Q3 2020 Earnings: What Did AT&T See?	Oct 22, 2020
Netflix: Netflix and Chill	Oct 21, 2020
Snap: As If 2020 Never Happened	Oct 21, 2020
Verizon Q3 2020: The Many Riddles of 5G	Oct 21, 2020
Crown Castle Q3 2020 Earnings: Confirming Fears?	Oct 21, 2020
U.S. Media & Internet: Of Tailwinds & Bubbles?	Oct 19, 2020
MN 3Q20 SVOD & AVOD Tracker: The Afterglow?	Oct 14, 2020
The Incredible Shrinking AT&T... A Sum of the Parts View	Oct 13, 2020
U.S. Data Centers: What Risks Should We be Focused On?	Oct 13, 2020
5G is Here… Sort of: Takeaways from Apple’s iPhone 12 Launch - October 13, 2020	Oct 13, 2020
Disney: Reorganizing and Accelerating Pivot to Direct-to-Consumer – October 13, 2020	Oct 13, 2020
U.S. Theaters: Unten(et)able?	Oct 9, 2020
Spectrum, the Swamp, and Chaos in Washington: Your Tax Dollars at Work - October 7, 2020	Oct 7, 2020
Finally, a Good Valuation Comp for Cogent?	Oct 6, 2020
Disney: A Lifeboat, But At What Price?	Oct 1, 2020
Dish Network: The Wholesale versus Retail Dilemma	Oct 1, 2020
U.S. Digital Advertising: Are Even the Bulls Too Low?	Sep 29, 2020
Roku: Is the +20% Move Justified Post the NBCU Deal?	Sep 23, 2020
American Tower and T-Mobile: Understanding the MLA, and Trimming Tower Forecasts to Account for It	Sep 21, 2020
U.S. Media: Too Much Of A Good Thing? – September 17, 2020	Sep 17, 2020
U.S. Media and Internet: Capital Markets 101?	Sep 16, 2020
Verizon Enters (and Tracfone Exits) the Pre-paid Market: Takeaways from Our Conversation with CFO Matt Ellis	Sep 14, 2020
Some Thoughts on CenturyLink Rebranding as Lumen	Sep 14, 2020
Q2 2020 Broadband: The Footprint Expansion Game	Sep 10, 2020
U.S. Media: An NFL Season Like No Other!	Sep 10, 2020
U.S. Towers: Returning to Returns... How Do Crown Castle and its Fiber Business Stack Up?	Sep 2, 2020
U.S. Advertising: Explaining the Inexplicable	Aug 31, 2020
WPP: Time Now to Compare and Contrast	Aug 28, 2020
Fox: Is It Time to Sell the Broadcast Assets?	Aug 24, 2020
Commercial Wireline Services: Has the Worst Passed, or is This the Calm Before the Storm?	Aug 21, 2020
Wireless Q2 2020: Chasing T-Mobile	Aug 19, 2020
Cogent: A Disappointing Q2, But Not the End of the Story... Upgrading to Neutral	Aug 16, 2020
U.S. Media & Internet: A Tale of Two Tales	Aug 13, 2020
Q2 2020 Cord-Cutting Monitor: The Second Cycle	Aug 12, 2020
ViacomCBS: Can They Get To The Other Side?	Aug 7, 2020
Dish Network Q2 2020 Earnings: How Safe is Dish’s Rural Stronghold?	Aug 7, 2020
T-Mobile Q2 2020 Earnings: Come On In, the Water’s Fine	Aug 6, 2020
Cable One Q2 2020 Earnings: Closing the Gap	Aug 6, 2020
Roku: Feels Like the First Time	Aug 6, 2020
Cogent Q2 2020 Earnings: First Look Post-COVID	Aug 6, 2020
AMC Networks: Summing Up A Quarter	Aug 5, 2020
CenturyLink Q2 2020 Earnings: COVID Cross-Currents	Aug 5, 2020
Discovery: Can the SUV Float?	Aug 5, 2020
Disney and Fox: What’s My Narrative?	Aug 5, 2020
Cinemark: Can PVOD Terms Still Improve?	Aug 4, 2020
SBA Q2 2020 Earnings: How Similar to its Peers?	Aug 3, 2020
Alphabet and Facebook: Letting the Numbers Do the Talking	Jul 31, 2020
Charter Q2 2020 Earnings: De-risking Broadband	Jul 31, 2020
Digital Realty Q2 2020 Earnings: Strutting its Stuff	Jul 30, 2020
American Tower Q2 2020 Earnings: Mid-Year Checkup	Jul 30, 2020
CoreSite Q2 2020 Earnings: Mojo on the Horizon?	Jul 30, 2020
Comcast Q2 2020 Earnings: Growth versus Value	Jul 30, 2020
Altice USA Q2 2020 Earnings: The “Can It Grow” Debate	Jul 30, 2020
Interpublic: Crisis Management	Jul 29, 2020
Equinix Q2 2020 Earnings: Powering Ahead	Jul 29, 2020
Crown Castle Q2 2020 Earnings: What Happens Next?	Jul 29, 2020
CyrusOne Q2 2020 Earnings: Swimming with the Tide?	Jul 29, 2020
U.S. Media: The Day the Windows Broke – July 29, 2020	Jul 29, 2020
U.S Media & Internet: As Clear As Mud!	Jul 28, 2020
Omnicom: OMG, OMC	Jul 28, 2020
QTS Q2 2020 Earnings: So, Just How Good?	Jul 27, 2020
Verizon Q2 2020 Earnings: Strategy versus Execution	Jul 24, 2020
AT&T Q2 2020 Earnings: Fewer Degrees of Freedom	Jul 23, 2020
Twitter: Playing in Traffic	Jul 23, 2020
Snap: The Data Doesn't Fit the Narrative	Jul 22, 2020
U.S. Data Centers: Is Past Prologue? A Close Look at AFFO per Share Trends	Jul 21, 2020
Green Lights and Yellow Flags: Initiating Coverage of Roku at Neutral	Jul 20, 2020
Netflix: Pull Forward & Wait	Jul 17, 2020
The Fallacy of Marginal Cost Advantage: Part II - July 15, 2020	Jul 15, 2020
MN Quarterly SVOD Tracker: From War to Peace?	Jul 14, 2020
U.S. Media: Say Goodbye to Those Empty vMVPD Calories	Jul 13, 2020
Charter Enters the Rural Subsidies Game… Winners and Losers - July 13, 2020	Jul 13, 2020
Some Thoughts on Crown Castle’s Fiber Segment	Jul 7, 2020
Cable and the Democrats: What Are We Afraid Of? - July 7, 2020	Jul 7, 2020
The Fallacy of Marginal Cost Advantage - July 1, 2020	Jul 1, 2020
Comcast: Sky Diving	Jun 29, 2020
Cogent: Still a Sell?	Jun 26, 2020
U.S. Media: The Thrill of Victory or The Agony of Defeat? – June 26, 2020	Jun 26, 2020
U.S. Media: 2Q U.S. Ad Trends Not As Bad As Feared	Jun 18, 2020
U.S. Towers: The Most Important Risks	Jun 15, 2020
Dish Network and T-Mobile: What Is Charlie Up To? - June 15, 2020	Jun 15, 2020
U.S. Media: TV Ratings – Back Down to Earth? – June 12, 2020	Jun 12, 2020
U.S. Video Consumer Spend: The Great Deflation Debate	Jun 11, 2020
Wireless Q1 2020: Can We Avoid Another Price War?	Jun 8, 2020
Cinemark: Doing What They Can	Jun 4, 2020
Takeaways from REITweek 2020 Management Meetings	Jun 4, 2020
Starry: 5G Fixed Wireless Broadband in the Age of Coronavirus – June 2, 2020	Jun 2, 2020
U.S. Media: Broken Windows & Empty Seats: The Future of the Film Industry?	Jun 1, 2020
CenturyLink: The Risks of Even a Brief Recession... Lowering TP to $7, Maintain Sell	May 28, 2020
Broadband Q1 2020: Broadband in the Era of COVID-19; A Proprietary Peek at Market Share Trend Data	May 27, 2020
U.S. Advertising: The Shape of Recovery	May 26, 2020
Cable One Q1 2020 Earnings: Still Searching for Theories	May 11, 2020
Q1 2020 Cord-Cutting Monitor: Pay TV Catches COVID	May 8, 2020
ViacomCBS: Pull in the Reins	May 8, 2020
Dish Network Q1 2020 Earnings: An Inconvenient Truth	May 7, 2020
Cogent Q1 2020 Earnings: Backdoor Netflix?	May 7, 2020
Digital Realty Q1 2020 Earnings: The New Digital Realty	May 7, 2020
Fox and Discovery: Can Opposites Be Attractive?	May 7, 2020
T-Mobile Q1 2020 Earnings: UFO or Murder Hornet?	May 6, 2020
CenturyLink Q1 2020 Earnings: How Cyclical?	May 6, 2020
AMC Networks: Our Song Remains The Same	May 6, 2020
Disney: Fast-Forward to FY2022	May 6, 2020
Equinix Q1 2020 Earnings: Positioned for the Crisis and Beyond	May 6, 2020
SBA Q1 2020 Earnings: WACC vs. Growth	May 5, 2020
Disney: A Long and Winding Road; Downgrade to Neutral	May 4, 2020
Charter Q1 2020 Earnings: Asymptomatic… or Better?	May 1, 2020
CenturyLink: Revising Model to Account for Change in USF Accounting and Customer Assignments	May 1, 2020
Facebook: More of the Same	Apr 30, 2020
WPP: What is “Normal”?	Apr 30, 2020
CoreSite Q1 2020 Earnings: Weathering the Storm	Apr 30, 2020
Twitter: Really?	Apr 30, 2020
Comcast Q1 2020 Earnings: Winners, Losers, and Comcast	Apr 30, 2020
Altice USA Q1 2020 Earnings: Epicentricity	Apr 30, 2020
Crown Castle Q1 2020 Earnings: Holding the Line	Apr 29, 2020
CyrusOne Q1 2020 Earnings: A Texas Twang Mixed with a European Accent	Apr 29, 2020
Alphabet: Curb Your Enthusiasm?	Apr 29, 2020
American Tower Q1 2020 Earnings: Mostly Quarantined	Apr 29, 2020
Omnicom: Waiting for the Smoke to Clear (Version 2)	Apr 28, 2020
U.S. Media: What Are We Watching Now? – April 28, 2020	Apr 28, 2020
QTS Q1 2020 Earnings: Vaccinated	Apr 27, 2020
U.S. Media: Say Goodbye to Hollywood	Apr 24, 2020
Verizon Q1 2020 Earnings: The "V" in MANCAVE	Apr 24, 2020
Snap: The Shape of Things To Come?	Apr 22, 2020
AT&T Q1 2020 Earnings: Testing, Testing, Testing	Apr 22, 2020
Interpublic: Waiting for the Smoke to Clear	Apr 22, 2020
Netflix: The Perfect Storm Redux	Apr 22, 2020
Ad Agencies: Prepare Yourself. This Will Be Bumpy.	Apr 21, 2020
Comcast: The Trouble With Complicated Stories	Apr 20, 2020
U.S. Data Centers: Interpreting Current Valuations, and Implications of the Pandemic	Apr 20, 2020
MN Quarterly SVOD Tracker: The Perfect Storm	Apr 17, 2020
Online Advertising: It’s All Relative Now!	Apr 16, 2020
Dish Network: Petri Dish… Cutting TP to $15	Apr 14, 2020
Charter (CHTR): It’s Good to Be Cable; Our COVID-19 Recession Model	Apr 9, 2020
U.S. Towers: Recalibrating Multiples and Forecasts... Upgrade SBAC to Buy, Maintain AMT and CCI at Neutral	Apr 7, 2020
U.S. Sports: The Cost of Everything and the Value of… Everything	Apr 6, 2020
AT&T: How Safe is the Dividend?	Apr 3, 2020
Sprint: Discontinuing Coverage	Apr 2, 2020
U.S. Media: How Deep? How Long?	Apr 1, 2020
ViacomCBS: Maybe It’s Time to Let the Old Ways Die?	Mar 27, 2020
Commercial Wireline Services: Staring into the Abyss	Mar 25, 2020
Disney: Sizing the Disney+ International Opportunity	Mar 24, 2020
Twitter: The First of Many	Mar 24, 2020
New T-Mobile: First Among Equals? Our Pro Forma Model for the Age of Coronavirus and Recession	Mar 23, 2020
Cinemark: Swimming Naked?	Mar 20, 2020
Telecom, Cable, & Satellite: A COVID-19 Scorecard	Mar 19, 2020
Disney: From Great to Good to Bad to Ugly	Mar 17, 2020
SpaceX/Starlink and RDOF: A Match Made in the Heavens?	Mar 13, 2020
U.S. Media & Internet: Assessing the Recession Risk	Mar 12, 2020
U.S. Media: The NBA Calls Time Out	Mar 12, 2020
Wireless Q4 2019: The New T-Mobile, the State of the Industry, and the 5G “White Space”	Mar 9, 2020
Zayo: Dropping Coverage	Mar 9, 2020
U.S. Theaters: Answering Some Outstanding Coronavirus Questions – March 6, 2020	Mar 6, 2020
U.S. Media: Watching the Slow Death of Linear TV… Live (2019 Edition)	Mar 3, 2020
Coronavirus, Bernie Sanders, and the Curious Case of Clarence Thomas	Mar 3, 2020
Broadband Q4 2019: A Deep Dive into Alternative Fixed Wireless Broadband Architectures	Mar 2, 2020
Crown Castle: How Does Its New Accounting Work, and What Does It Mean?	Mar 2, 2020
WPP: WTF WPP?	Mar 2, 2020
Discovery: The Start of the Second Act?	Feb 28, 2020
Cable One Q4 2019 Earnings: How to Explain the Inexplicable?	Feb 27, 2020
AMC Networks: Where Are We Headed?	Feb 27, 2020
Cogent Q4 2019 Earnings: Past the Growth Bottom?	Feb 27, 2020
Crown Castle Q4 2019 Earnings: Silly Accountants...	Feb 26, 2020
American Tower Q4 2019 Earnings: Two Key Topics	Feb 25, 2020
Cinemark: What Is Now Priced In?	Feb 24, 2020
Will the Rollback of Section 230 Kill Ad-Supported Internet Stocks? – February 24, 2020	Feb 24, 2020
ViacomCBS: A House Built On Sand?	Feb 21, 2020
SBA Q4 2019 Earnings: A Look at the New Tower Leasing Landscape	Feb 20, 2020
Dish Q4 2019 Earnings: Now Comes the Hard Part	Feb 19, 2020
Q4 2019 Cord-Cutting Monitor: The Great Unwind	Feb 19, 2020
CyrusOne Q4 2019 Earnings: M&A Whiplash	Feb 19, 2020
Netflix: Conquering the World, But At What Cost?	Feb 18, 2020
CenturyLink: Aligning Our Rating with the Fundamentals... Downgrade to Sell, TP $10	Feb 18, 2020
QTS Q4 2019 Earnings: Both Sides of the Coin	Feb 18, 2020
Digital Realty Q4 2019 Earnings: Slimming Down and Bulking Up	Feb 13, 2020
Interpublic: Safety in Numbers?	Feb 12, 2020
Altice USA Q4 2019 Earnings: Altice’s Wireless Strategy Just Got a Lot More Interesting	Feb 12, 2020
CenturyLink Q4 2019 Earnings: Better Off Waiting?	Feb 12, 2020
Equinix Q4 2019 Earnings: PMs vs. Analysts	Feb 12, 2020
Omnicom: Same As It Ever Was	Feb 11, 2020
T-Mobile and Sprint: And Then There Were Three… or Four. What the Deal Means for T-Mobile, Dish Network, Verizon and AT&T, the Towers, and Cable	Feb 11, 2020
Twitter: Numbers Get Cut As Stock Races Up!	Feb 6, 2020
T-Mobile Q4 2019 Earnings: Heads-I-Win/Tails-I-Win, Redux	Feb 6, 2020
Fox: The Page Has Been Turned	Feb 6, 2020
CoreSite Q4 2019 Earnings: Is the Turn Finally Coming?	Feb 6, 2020
Disney: The Disney Difference	Feb 5, 2020
Snap: Closing the Monetization Gap	Feb 5, 2020
Comcast: Less than Zero? Upgrading To Buy	Feb 4, 2020
Alphabet: To Be Real	Feb 4, 2020
Zayo: Q2 F2020 Earnings: Good Night, and Good Luck	Feb 4, 2020
U.S. Media: Get Those Lifeboats Ready	Feb 3, 2020
Charter Q4 2019 Earnings: Wireless Manifest Destiny	Jan 31, 2020
Facebook: The Long & Winding Road Up and to the Right	Jan 30, 2020
Verizon Q4 2019 Earnings: Bucking Some Trends… Getting Bucked by Others	Jan 30, 2020
Cogent: What a Difference Six Weeks Makes… Downgrading to Sell, TP $56	Jan 30, 2020
Sprint CQ4 2019 Earnings: What’s Left to Say?	Jan 27, 2020
AT&T Q4 2019 Earnings: Two Clocks	Jan 27, 2020
CenturyLink: Understanding the Pros and Cons of RDOF… Mostly Cons but With a Nice $500M Win	Jan 23, 2020
Comcast Q4 2019 Earnings: Proud as a Peacock	Jan 23, 2020
U.S. Towers: The Case for Crown Castle?	Jan 21, 2020
MN Quarterly SVOD Tracker: The First Battle	Jan 17, 2020
AT&T: How Bad Could It Get for WarnerMedia?	Jan 16, 2020
U.S. Media: 20-20 Vision, This Time is Different	Jan 15, 2020
ViacomCBS: Stuck In The Middle? Initiate at Neutral	Jan 15, 2020
Altice USA: Is Altice USA Still a Buy?	Jan 7, 2020
Communications Infrastructure: 2019 Review and 2020 Outlook - December 20, 2019	Dec 20, 2019
Cable & Satellite and Telecom: A Year in Review, and a Year in Preview - December 20, 2019	Dec 20, 2019
U.S. Media: Life During Wartime	Dec 19, 2019
Cogent: What Should We Make of This Extremophile?	Dec 16, 2019
Broadband Q3 2019: Revisiting Competitive Dynamics	Dec 16, 2019
U.S. Advertising: Past the Tipping Point	Dec 13, 2019
Data Centers: 2020 Outlooks and the Search for Edge	Dec 9, 2019
Wireless Q3 2019: Cable Starts to Matter	Dec 4, 2019
U.S. Pay TV and U.S. Media: Cord-Cutting Summit 2019 Takeaways	Dec 2, 2019
CenturyLink: Definitely Maybe	Nov 25, 2019
Online Advertising: Screw DAUs, Follow the Money	Nov 25, 2019
AT&T: What Do You Have to Believe? Downgrading to Sell, Target Price $30	Nov 19, 2019
U.S. Media: Are Studios Going To Buy Exhibitors? Looking To Clarify Some Misconceptions Around Paramount Decrees Termination – November 19, 2019	Nov 19, 2019
Lessons from the C-Band: The C is for “Caveat Emptor” - November 19, 2019	Nov 19, 2019
HBO Max: The Big Bang or “A Show About Nothing”?	Nov 18, 2019
Viacom: Less Drama, More Answers	Nov 15, 2019
Q3 2019 Cord-Cutting Monitor: Live Is Dead	Nov 13, 2019
CBS: The Good Fight	Nov 13, 2019
FB, PYPL, Square: Facebook Pay – Good for Facebook, Good and Could Be Better for PayPal, Non-Event for Square	Nov 13, 2019
Disney: It Just Doesn't Matter	Nov 8, 2019
Fox: Please Keep Turning the Page	Nov 7, 2019
Cogent Q3 2019 Earnings: Revenue vs. Margins	Nov 7, 2019
Discovery: Moving On To What Comes Next	Nov 7, 2019
Cable One Q3 2019 Earnings: What's Embedded in CABO's 16x (16x!) EBITDA Multiple?	Nov 7, 2019
Dish Q3 2019 Earnings: The Pay TV Rorschach Test	Nov 7, 2019
Cinemark: Is It Time to Worry About Streaming Yet?	Nov 6, 2019
Zayo Q1 F2020 Earnings: A Walk Down Memory Lane	Nov 6, 2019
CenturyLink Q3 2019 Earnings: Upside Surprise?	Nov 6, 2019
Altice USA Q3 2019 Earnings: What Could Derail the Rally? Could This?	Nov 5, 2019
Sprint CQ3 2019 Earnings: The SoftBank Problem	Nov 4, 2019
CenturyLink: Watch for These Two Items in Q3 2019 Earnings	Nov 4, 2019
QTS Q3 2019 Earnings: Mr. Consistent	Nov 4, 2019
AMCX: No Man’s Land (Redux)	Nov 1, 2019
Giving Apple Some Credit: The Apple Card, and What It Means for Verizon and AT&T - November 1, 2019	Nov 1, 2019
CoreSite Q3 2019 Earnings: Like it Never Even Happened	Oct 31, 2019
American Tower Q3 2019 Earnings: Reading the Tea Leaves	Oct 31, 2019
Facebook: Is it $10 for ’20?	Oct 31, 2019
U.S. Media: What’s Even Worse Than “Freaking Ugly”?	Oct 30, 2019
CyrusOne Q3 2019 Earnings: One Year Later	Oct 30, 2019
Equinix Q3 2019 Earnings: Valuation and Operations	Oct 30, 2019
Alphabet: Hello World	Oct 29, 2019
Digital Realty Q3 2019 Earnings: Doubling Down on Europe by Acquiring Interxion	Oct 29, 2019
SBA Q3 2019 Earnings: Tower Preppers	Oct 28, 2019
T-Mobile Q3 2019 Earnings: The Very Real Cost of Waiting... And Waiting... And Waiting	Oct 28, 2019
WPP: Better Than Zero	Oct 28, 2019
AT&T Q3 2019 Earnings: Hope Is Not a Strategy	Oct 28, 2019
Verizon Q3 2019 Earnings: Is This as Good as It Gets?	Oct 25, 2019
Charter Q3 2019 Earnings: Is Charter’s New Pricing a One-Timer, or a Sign of a Change in Strategy?	Oct 25, 2019
Twitter: A Vote of No Confidence; Maintain Sell, new PT	Oct 24, 2019
Comcast Q3 2019 Earnings: A Divergence of Fortunes	Oct 24, 2019
Disney: Why So Complicated – Part II	Oct 23, 2019
Interpublic: Managing Through the Losses?	Oct 23, 2019
Snap: The Shock Factor is Wearing Off	Oct 23, 2019
Online Advertising: Like a Knife Through Butter	Oct 21, 2019
ViacomCBS: Can’t Believe the S-4	Oct 18, 2019
Netflix: Look Down, Look Down	Oct 17, 2019
U.S. Wireless: The 5G Elephant in the Room	Oct 17, 2019
Crown Castle: Dimensioning a Possible Restatement	Oct 17, 2019
Crown Castle Q3 2019 Earnings: Did We Already Get Guidance?	Oct 16, 2019
Omnicom: Winning Is Everything?	Oct 16, 2019
Data Centers: Love Is in the Air… Musings on M&A	Oct 15, 2019
MN Quarterly SVOD Tracker: The Calm Before the Storm	Oct 14, 2019
Advertising Agencies: Mind the Gap...Part II	Oct 11, 2019
NFL Ratings: A Fan Favorite - October 10, 2019	Oct 10, 2019
FOXA: Please Turn the Page	Oct 7, 2019
Musings About Cable and Telecom Under an Elizabeth Warren Presidency - October 7, 2019	Oct 7, 2019
Towers ROIC: Scouring the Globe for Insights and Opportunities	Oct 3, 2019
Snap: Can Lightning Strike Twice? Part II, It's Complicated.	Oct 2, 2019
U.S. Cable: It’s Time to Factor in Higher Margins; Raising Estimates and TPs for CHTR, ATUS, CMCSA, and CABO	Oct 2, 2019
The Libra Litmus Test – Can Facebook Keep Visa, Mastercard, and PayPal on Board? - October 2, 2019	Oct 2, 2019
Snap: Can Lightning Strike Twice?	Oct 1, 2019
Dish Network: Revisiting the Short (or Long?) Thesis	Sep 27, 2019
Sports in the U.S.: Where Will This Obsession Lead Us?	Sep 23, 2019
U.S. Media: The Paradox of Agencies and Advertising	Sep 17, 2019
Wireless Q2 2019: TINA Loves Telecom. So Does Elliott.	Sep 10, 2019
ViacomCBS: The Hate You Give	Sep 9, 2019
U.S. Media: Ready or Not, Here Comes the NFL!	Sep 5, 2019
Internet Infrastructure: Hard Knock Life… What Can ROIC Teach Us About Value Creation in Tough Times?	Sep 4, 2019
U.S. Advertising: Same Question, Same Answer	Sep 3, 2019
Broadband: The Growth Rate Just Accelerated… Sort of	Sep 3, 2019
Zayo Q4 F2019 Earnings: What’s the Read Across?	Aug 21, 2019
The Incongruous Apple Card - most concerning to PayPal, Square, and...AT&T/Verizon?	Aug 21, 2019
Alphabet: What Lies Beneath the Clouds	Aug 19, 2019
Q2 2019 Cord-Cutting Monitor: The Case for Things Getting Better (Yes, Better) from Here	Aug 15, 2019
CBS & Viacom: Didn’t See That Coming!	Aug 14, 2019
July C3 Ratings – Another Slow Summer	Aug 13, 2019
WPP: One Step at a Time	Aug 12, 2019
CBS & Viacom: The Last Waltz	Aug 9, 2019
Fox: Here's to the First of Many	Aug 8, 2019
Cogent Q2 2019 Earnings: Widows and Orphans	Aug 8, 2019
Disney: Channeling Our Inner Avril Lavigne	Aug 7, 2019
CenturyLink Q2 2019 Earnings: The Storm Before the Calm?	Aug 7, 2019
Cable One Q2 2019 Earnings: 50% Margins Are Beginning to Look More Like a Floor than a Ceiling	Aug 7, 2019
Discovery: Two Years Later	Aug 6, 2019
Sprint Q2 2019 Earnings: What the State AGs See	Aug 2, 2019
Cinemark: Got To Give Credit Where It’s Due	Aug 2, 2019
Verizon Q2 2019 Earnings: What’s Left of the Bull Case?	Aug 1, 2019
AMCX: No Man’s Land, Tough Trends in the Price	Jul 31, 2019
American Tower Q2 2019 Earnings: Can Anything Stop American Tower?	Jul 31, 2019
Equinix Q2 2019 Earnings: A Different List of Items to Focus On Than Others	Jul 31, 2019
CyrusOne Q2 2019 Earnings: Siamese Dream	Jul 31, 2019
Altice USA Q2 2019 Earnings: The Margin Story Keeps Getting Better and Better	Jul 31, 2019
Digital Realty Q2 2019 Earnings: Home and Abroad, Puts and Takes	Jul 30, 2019
Twitter: Same Growth, Twice the Price	Jul 29, 2019
QTS Q2 2019 Earnings: Marching to the Beat of a Different Drummer?	Jul 29, 2019
U.S. Media: Man the Lifeboats	Jul 29, 2019
Dish Network Q2 ’19 Earnings: Has the Satellite Business Finally Found a Bottom? And Would Anyone Care?	Jul 29, 2019
SBA Q2 2019 Earnings: Will They or Won’t They?	Jul 29, 2019
Alphabet: Winning by TKO	Jul 26, 2019
Charter Q2 2019 Earnings: The Trouble with Simple Stories	Jul 26, 2019
Sprint/T-Mobile/Dish: The Deal Is Done! (Just Kidding… No It Isn’t) - July 26, 2019	Jul 26, 2019
T-Mobile Q2 2019 Earnings: Wait, What? Earnings?	Jul 25, 2019
Facebook: What a Difference a Year Makes	Jul 25, 2019
Comcast Q2 2019 Earnings: On the One Hand… On the Other Hand	Jul 25, 2019
Winners and Losers in the T-Mobile/Sprint/Dish Deal: A Summary. Downgrading DISH to Sell; Target Price $30	Jul 25, 2019
CoreSite Q2 2019 Earnings: The Light at the End of the Tunnel?	Jul 24, 2019
Snap: Living Up to the Hype	Jul 24, 2019
AT&T Q2 2019 Earnings: The Uneasy Equilibrium	Jul 24, 2019
Interpublic: Gearing Up For 2020?	Jul 24, 2019
Data Centers: Implications of the Hyperscale Leasing Slowdown and a Close Look at Valuation	Jul 22, 2019
Online Advertising: Bringing the Heat	Jul 22, 2019
T-Mobile: Is “Standalone TMUS” Now the Best Case Scenario?	Jul 19, 2019
Omnicom: Are They Verizon and Everyone Else AT&T?	Jul 18, 2019
Netflix: Doubters of the World Unite!	Jul 18, 2019
Crown Castle Q2 2019 Earnings: A Messy Beat and Raise	Jul 17, 2019
FB, V, MA, PYPL: Libra, Libra, Libra – Answers to Your Top 25 FAQs	Jul 16, 2019
CBS & Viacom: How's Your Summer Going?	Jul 16, 2019
Advertising Agencies: Putting a Price on Data	Jul 15, 2019
MN Quarterly SVOD Tracker: Is It Too Late?	Jul 15, 2019
U.S. Cable: Could Video Subscriber Losses Eventually Push Cable Margins Up to 50%?	Jul 9, 2019
Disney: Circle Of Life	Jul 9, 2019
U.S. Towers: Valuation Ruminations… Increasing Target Prices, But Downgrading SBA to Neutral	Jul 8, 2019
Snap: As Smooth as a Baby’s Face?	Jul 1, 2019
U.S. Telecommunications: Does 5G Put Verizon’s “Nation’s Best Network” Positioning at Risk?	Jun 27, 2019
Alphabet: On Shakier Ground?	Jun 24, 2019
Netflix: The Great International RPU Debate	Jun 20, 2019
FB, V, MA, PYPL: Libra Unveiled – Big Day for Crypto, Nice-To-Have for FB, Important Experiment for Payments	Jun 19, 2019
Sprint and T-Mobile: Crazy Town Part II - June 15, 2019	Jun 15, 2019
Twitter: A Problem of Its Own Making	Jun 13, 2019
CenturyLink: Ignore the Shiny New Objects	Jun 12, 2019
Facebook: Friending Facebook Again, Upgrade to Buy	Jun 11, 2019
U.S. Advertising: The One Exception?	Jun 6, 2019
U.S. Broadband: Where Are AT&T Fiber’s Subscriber Gains Coming From?	Jun 4, 2019
Fox: Fox Goes to Hollywood	Jun 4, 2019
U.S. Antitrust Update: Here Come The Feds – June 3, 2019	Jun 3, 2019
Sprint and T-Mobile: Welcome to Crazy Town - May 31, 2019	May 31, 2019
U.S. Media: To Each Their Own?	May 30, 2019
WarnerMedia: Raising the Curtain on Their DTC Plans	May 29, 2019
Sprint & T-Mobile: The Long and Winding Road - May 21, 2019	May 21, 2019
Social Media Focus Group: SNAP Can’t Grow Up!	May 13, 2019
Viacom: Read the Fine Print	May 13, 2019
FB, V, MA, PYPL: Facebook’s Cryptocurrency Project Libra – How it Could Matter	May 10, 2019
Disney: A Changing Narrative	May 9, 2019
Cable One Q1 2019 Earnings: How Much Runway Is Left?	May 9, 2019
Zayo Q3 F2019 Earnings: Finding Mr. Right	May 8, 2019
CenturyLink Q1 2019 Earnings: Enough to Offset the Top Line?	May 8, 2019
Social Media Survey: What Are Users Saying?	May 8, 2019
Cinemark: What Will Disney Do With Its Box Office Clout?	May 7, 2019
Sprint CQ1 2019 Earnings: What’s the Backup Plan?	May 7, 2019
Q1 2019 Cord-Cutting Monitor: About that Lifeboat…	May 7, 2019
Dish Network Q1’19 Earnings: The Outlook is Brightening for Mid-Band… but the Road Ahead Remains Long	May 3, 2019
CBS: New CEO…New Disclosure?	May 3, 2019
American Tower Q1 2019 Earnings: Solid Results, But Will the Halo Effect Persist?	May 3, 2019
Discovery: A Year Later	May 2, 2019
Cogent Q1 2019 Earnings: Assessing All-Time Highs	May 2, 2019
Altice USA Q1 2019 Earnings: Still More Room to Run?	May 2, 2019
AMC Networks: How Much Longer Does This Balancing Act Last?	May 1, 2019
Equinix Q1 2019 Earnings: Is Being Different Enough?	May 1, 2019
CyrusOne Q1 2019 Earnings: Managing Through Feast and Famine	May 1, 2019
Charter Q1 2019 Earnings: Margins are the Next Leg of the Story	Apr 30, 2019
Alphabet: Deceleration Detective Service	Apr 30, 2019
QTS Q1 2019 Earnings: Thinking About Returns	Apr 30, 2019
SBA Q1 2019 Earnings: Contemplating What Happens if the Deal is No More	Apr 29, 2019
U.S. Media: Let The Good Times Stream?	Apr 29, 2019
WPP and Interpublic: Yin and Yang	Apr 29, 2019
Fox - In Case You Missed It...	Apr 26, 2019
Facebook: Checking Off The Concerns	Apr 25, 2019
T-Mobile Q1 2019 Earnings: Can the Merger be Saved?	Apr 25, 2019
Comcast Q1 2019 Earnings: Life after Disney	Apr 25, 2019
Digital Realty Q1 2019 Earnings: Searching for Clues	Apr 25, 2019
Snap: A Cinderella Story	Apr 24, 2019
AT&T Q1 2019 Earnings: Searching for a Unifying Theory	Apr 24, 2019
Twitter: “So we've got lots of game(s) left to play”	Apr 24, 2019
CoreSite Q1 2019 Earnings: Can It Stay at the Top of the ROIC Class?	Apr 24, 2019
Verizon Q1 2019 Earnings: Has Verizon Bet on the Wrong (Spectrum) Horse?	Apr 23, 2019
Online Advertising: In Search Of A Second Or Third Act?	Apr 22, 2019
Google Cloud Next 2019: Key Takeaways – April 18, 2019	Apr 18, 2019
Omnicom: Better Value Elsewhere	Apr 17, 2019
Crown Castle Q1 2019 Earnings: Valuation Triangulation	Apr 17, 2019
Netflix: How Disney’s Entry Impacts the SVOD Market?	Apr 17, 2019
Disney: Worth the Wait	Apr 12, 2019
U.S. Cable and U.S. Wireless: Convergence End-Games - April 11, 2019	Apr 11, 2019
Disney: Getting Closer to Breaking Through	Apr 9, 2019
Netflix Survey: The Walmart of SVOD for a Reason	Apr 8, 2019
Data Centers: Which Operators are Converting Growth into Value? Examining ROIC and Property-Level Yields	Apr 8, 2019
U.S. Advertising: A False Dichotomy?	Apr 5, 2019
Film Studios: Having Their Cake And Eating It Too?	Apr 4, 2019
U.S. Cable: What Would Happen in a Recession?	Apr 3, 2019
U.S. Media: The Value of Libraries, or in Other Words, What Ted Sarandos Knew	Apr 2, 2019
T-Mobile and Sprint: Time to Lower the Odds - April 2, 2019	Apr 2, 2019
U.S. Communications Infrastructure, Telecom, & Cable: Add Macro and Margins to the List of Worries	Mar 25, 2019
Viacom: Been Here Before	Mar 25, 2019
Fixed Wireless Broadband: A Peek Behind the Curtain of Verizon’s 5G Rollout	Mar 20, 2019
Fox: Key Takeaways from the 10-Q and Day 1 Trading	Mar 19, 2019
Online Regulatory Outlook: The Unlikeliest Of Bedfellows	Mar 18, 2019
The Small Cell Report (Part III): Taking a Look Under the Hood	Mar 18, 2019
New Fox Initiation: Clever As a Fox, Buy, Price Target $51	Mar 15, 2019
Video Cord-Cutting: Standing at the Crossroads (and I Believe I’m Sinkin’ Down)	Mar 13, 2019
Alphabet: Money for Nothing? A Dive Into CAPEX Trends	Mar 7, 2019
Broadband Q4 2018: Broadband Growth Bounces Back… with Thanks to New Household Formation	Mar 6, 2019
U.S. Media & Internet: Now Everyone Is A Winner?	Mar 4, 2019
Zayo: Plan A, Version 2.0… A Closer Look at zColo	Mar 4, 2019
WPP: WPP Giveth, Competition Taketh	Mar 4, 2019
AT&T and Time Warner: Strategy (and Debt) versus Culture - March 4, 2019	Mar 4, 2019
AMC Networks: Not Walking Dead Yet	Mar 1, 2019
American Tower Q4 2018 Earnings: Can AMT Repeat?	Feb 27, 2019
Cable One Q4 2018 Earnings: What are the Right Metrics for a Post-Video Cable MSO?	Feb 27, 2019
U.S. Telecommunications: The Mystery Deepens	Feb 26, 2019
Discovery: Talking Less, Doing More	Feb 26, 2019
QTS Q4 2018 Earnings: Risk Reallocation	Feb 25, 2019
Q4 2018 Cord-Cutting Monitor: Is It Time to Panic Yet?	Feb 22, 2019
Cinemark: Looking Beyond The Volatility	Feb 22, 2019
U.S. Media: Watching the Slow Death of Linear TV…Live	Feb 21, 2019
SBA Q4 2018 Earnings: Let the Good Times Roll	Feb 21, 2019
Altice USA Q4 2018 Earnings: Showing Up	Feb 21, 2019
Cogent Q4 2018 Earnings: Mulling Over Margins	Feb 21, 2019
CyrusOne Q4 2018 Earnings: Fueling Fears?	Feb 20, 2019
CenturyLink: Don't Fear the Reaper... Upgrading to Neutral, Lowering TP to $12	Feb 19, 2019
Facebook: How’d They Do That?	Feb 19, 2019
CBS: Joining the Arms Race	Feb 15, 2019
Interpublic: Winning The Zero Sum Game in 2018	Feb 14, 2019
Omnicom: The Calm Before The Storm?	Feb 13, 2019
CenturyLink Q4 2018 Earnings: Are Low Expectations the Key to Happiness?	Feb 13, 2019
Dish Q4 2018 Earnings: Snakes or Alligators?	Feb 13, 2019
Equinix Q4 2018 Earnings: Steady as She Goes	Feb 13, 2019
U.S. Media – Weekly Ratings: 2/4-2/10	Feb 12, 2019
January C3 Ratings – Weak Start to the New Year	Feb 11, 2019
Twitter: Breaking Out The Checkbook	Feb 8, 2019
T-Mobile Q4 2018 Earnings: Time to Consider Plan B?	Feb 7, 2019
Zayo Q2 F2019 Earnings: Under the Gun	Feb 7, 2019
Snap: A CFO’s Parting Gift	Feb 6, 2019
Disney: Do The Right Thing	Feb 6, 2019
21 Century Fox: A Step Closer To Breaking Out	Feb 6, 2019
CoreSite Q4 2018 Earnings: What Happens on the Other Side of the Hump?	Feb 6, 2019
Viacom: Two Questions, Please	Feb 5, 2019
Digital Realty Q4 2018 Earnings: What’s the Disconnect?	Feb 5, 2019
Alphabet: Playing To Script	Feb 5, 2019
Facebook: Coal, More Like Gold	Jan 31, 2019
Sprint CQ4 2018 Earnings: Do Politics Matter?	Jan 31, 2019
Charter Q4 2018 Earnings: Good Things Come to Those Who Wait	Jan 31, 2019
AT&T Q4 2018 Earnings: Is Achieving “Flat EBITDA” in the Entertainment Group Enough?	Jan 30, 2019
U.S. Media – AT&T’s 4Q Media Read Through… So Much For Stability!	Jan 30, 2019
Verizon Q4 2018 Earnings: Is It Enough to Just NOT Be AT&T?	Jan 29, 2019
Online Advertising: A Lump of Coal for Christmas?	Jan 29, 2019
U.S. Media: Key Takeaways from NATPE 2019	Jan 28, 2019
Some Thoughts on Recent Zayo Take-Out Reports - January 27, 2019	Jan 27, 2019
U.S. Media: Will The Current Stability Last?	Jan 25, 2019
Crown Castle Q4 2018 Earnings: Recession Resistant?	Jan 23, 2019
Comcast Q4 2018 Earnings: The Bull Bear Debate	Jan 23, 2019
Telecom and Cable Capital Spending Outlook, 2019	Jan 18, 2019
Netflix: UNCH	Jan 18, 2019
CBS & VIAB: What's the Downside? Upgrade CBS to Buy	Jan 17, 2019
Snap: Flanked On All Sides	Jan 16, 2019
Comcast Finally Goes OTT… Sort Of - January 15, 2019	Jan 15, 2019
Disney: How Does Disney “Work” in 2019?	Jan 14, 2019
Advertising Agencies: Mind The Gap	Jan 10, 2019
New Fox: Ask Enough and You Shall Receive	Jan 9, 2019
Data Centers: Judging Upcoming Lease Accounting Changes and Digital Realty’s Initial 2019 Guidance - January 9, 2019	Jan 9, 2019
Broadband Outlook 2019: The Least Appreciated, but Most Important, Variable	Jan 8, 2019
U.S. Advertising: When Is It Time To Worry?	Jan 7, 2019
Dish Network: Downside Scenarios Are Finally Priced into the Stock… Upgrading from Sell to Neutral	Jan 3, 2019
U.S. Telecom: A Year in Review, and a Year in Preview - December 20, 2018	Dec 20, 2018
U.S. Cable & Satellite: A Year in Review, and a Year in Preview - December 20, 2018	Dec 20, 2018
U.S. Communications Infrastructure: A Year in Review, and a Year in Preview - December 20, 2018	Dec 20, 2018
FB & PYPL - A Match Made in Heaven? What an Expanded FB/PYPL Partnership Might Look Like (and Why Now)	Dec 13, 2018
Netflix: OTT A-Go-Go	Dec 11, 2018
November C3 Ratings - The NFL is Up… and Almost Everything Else is Down	Dec 11, 2018
U.S Telecommunications: What Is Already Priced In?	Dec 10, 2018
Twitter: Are They Spending Enough?	Dec 10, 2018
L.A. Trip Takeaways: Snapshots of the Revolution	Dec 5, 2018
U.S. Cable: Disaggregating Cable Multiples by Product Line; Upgrading Cable One to Neutral	Dec 4, 2018
U.S. Media – Weekly Ratings: 11/26-12/2	Dec 4, 2018
U.S. Towers: Saying Bye to Two Old Friends… For Two Different Reasons. Downgrading AMT and CCI to Neutral	Dec 3, 2018
Data Centers: Considering Headwinds and Tailwinds to Growth in 2019	Nov 29, 2018
Starry Revisited: Getting Real - November 29, 2018	Nov 29, 2018
AT&T: Is the Bear Case Finally Priced In? Upgrading AT&T from Sell to Neutral; Target Price Unchanged at $28	Nov 26, 2018
U.S. Media & Internet: Forward Multiples Tell the Story	Nov 20, 2018
CenturyLink: Checking In on the Sell Thesis… Maintain Rating, Lower TP to $16	Nov 19, 2018
Antitrust and Public Policy for the 21st Century Summit: Key Takeaways – November 19, 2018	Nov 19, 2018
Viacom: Bob the Builder	Nov 16, 2018
Zayo: The Widowmaker… Still a Buy, Lower TP to $30	Nov 14, 2018
October C3 Ratings - The Three Ds: Down Double Digits - November 13, 2018	Nov 13, 2018
Disney: Disney On Ice	Nov 9, 2018
U.S. Commercial Wireline: Walking Contradiction - November 9, 2018	Nov 9, 2018
Discovery: Something for Everyone	Nov 8, 2018
CenturyLink Q3 2018 Earnings: Mind the Gap	Nov 8, 2018
Q3 2018 Cord-Cutting Monitor: False Narratives	Nov 7, 2018
Cable One Q3 2018 Earnings: Cable One through a Different Lens... as an Acquirer, Not an Acquiree	Nov 7, 2018
Zayo Q1 F2019 Earnings: It’s Always Darkest Before…	Nov 7, 2018
Dish Q3 2018 Earnings: A Series of Unfortunate Events	Nov 7, 2018
21st Century Fox: Looking Good For New Fox	Nov 7, 2018
Disney: Doing The Math	Nov 5, 2018
Altice USA Q3 2018 Earnings: The Alchemy of Leverage	Nov 5, 2018
SBA Q3 2018 Earnings: Fast Follower	Nov 5, 2018
Cinemark: Will Netflix’s Roma Be An Inflection Point?	Nov 2, 2018
CBS: Conveying Bench Strength	Nov 2, 2018
What Does Dish Network’s Dispute with HBO Say About Vertical Integration… And What Does It Say About Dish? – November 2, 2018	Nov 2, 2018
AMC Networks: The Balancing Act Continues…	Nov 1, 2018
Equinix Q3 2018 Earnings: The Ties That Bind (or Don’t)	Nov 1, 2018
Cogent Q3 2018 Earnings: Capital Returns in the Context of Growth	Nov 1, 2018
Facebook: See You Next Summer?	Oct 31, 2018
Sprint CQ3 2018 Earnings: What Are the Odds?	Oct 31, 2018
American Tower Q3 2018 Earnings: Let the Good Times Roll	Oct 30, 2018
CyrusOne Q3 2018 Earnings: Birth of a Platform	Oct 30, 2018
T-Mobile Q3 2018 Earnings: Heads I Win, Tails I… Win?	Oct 30, 2018
QTS Q3 2018 Earnings: Coming into Focus	Oct 29, 2018
Some Thoughts on the Great Data Center Meltdown of 2018 - October 29, 2018	Oct 29, 2018
Charter Q3 2018 Earnings: Ah, Simplicity	Oct 26, 2018
Online Advertising: The Really Good, The Good & The Not So Bad	Oct 26, 2018
Digital Realty Q3 2018 Earnings: The Ghost of DFT	Oct 25, 2018
WPP: “Sprinting” to the Bottom?	Oct 25, 2018
CoreSite Q3 2018 Earnings: Taking an Inventory of Inventory	Oct 25, 2018
Comcast Q3 2018 Earnings: It’s Good to Be a Cable Company (…If Only Comcast Were Just a Cable Company)	Oct 25, 2018
AT&T Q3 2018: This Is What Prioritizing the Bond Market Looks Like	Oct 24, 2018
Online Advertising: In Need of Relief	Oct 24, 2018
U.S. Media – AT&T’s Media Read Through - October 24, 2018	Oct 24, 2018
Verizon Q3 2018 Earnings: Peak Wireless?	Oct 23, 2018
Will Washington View the Cable Operators as Serious Competitors in Wireless? - October 23, 2018	Oct 23, 2018
U.S. Media - Weekly Ratings: 10/15-10/21	Oct 23, 2018
Interpublic: Standing Out From the Crowd	Oct 22, 2018
U.S. Media: A Quarter Like No Other… Part II	Oct 18, 2018
Omnicom: A Glimmer of Hope?	Oct 17, 2018
Netflix: The S-Curve vs. The Financials	Oct 17, 2018
Crown Castle Q3 2018 Earnings: The Big Reveal (and How to Figure Out What It Actually Means)	Oct 17, 2018
Data Centers: Optionality vs. the Elasticity of Supply	Oct 16, 2018
Advertising Agencies: Jostling for Position	Oct 15, 2018
Zayo: From the Ashes... Upgrading to Buy, TP $38	Oct 15, 2018
AT&T: Crossed Lines… Our Pro Forma “New AT&T” Model	Oct 11, 2018
Snap: Did Someone Get The Memo?	Oct 9, 2018
U.S. Media - Weekly Ratings: 10/1-10/7	Oct 9, 2018
NFL Week 4 Ratings – So Far, So Good…	Oct 4, 2018
U.S. Advertising: TV Not Dead Yet?	Sep 27, 2018
Zayo: As Good As It Gets?	Sep 25, 2018
Fox: Out With the Old, In With the New (Fox)	Sep 25, 2018
U.S. Cable & U.S. Media: The Winner's Curse: Good for Disney, Bad for Comcast. Downgrading CMCSA to Neutral	Sep 24, 2018
Twitter: Smoke and Mirrors on the Cost Line	Sep 17, 2018
U.S. Cable: Cable’s New Bull Case? Margin Expansion and Falling Capital Intensity	Sep 17, 2018
Discovery: From Have-Nots to Haves All in a Single Day	Sep 14, 2018
Verizon’s 5G Launch (Experiment?): Still More Questions than Answers - September 14, 2018	Sep 14, 2018
CBS: From Uninvestable to Tradeable, Lifting PT to $65	Sep 13, 2018
NFL Week 1 Ratings - A Good Start (with an asterisk) - September 13, 2018	Sep 13, 2018
August C3 Ratings - Stuck in the August Rain - September 12, 2018	Sep 12, 2018
U.S. Media: Just Do It! Watch The NFL?	Sep 6, 2018
CBS - Is CBS Getting Less Uninvestable? - September 6, 2018	Sep 6, 2018
U.S. Commercial Wireline: The Slump Continues - September 6, 2018	Sep 6, 2018
WPP: Read-ing the Tea Leaves	Sep 5, 2018
U.S. Towers: Assessing Growth Histories and Outlooks	Sep 5, 2018
Facebook: Replacing an Engine Mid-Flight; Downgrade to Neutral	Sep 4, 2018
U.S. Wireless: Is This a Market in Need of "Repair?" Downgrading Verizon to Neutral	Sep 4, 2018
U.S. Media & Internet: A Shifting Sense of Stability?	Aug 22, 2018
CenturyLink: Rocky Mountain High... Downgrading to Sell, TP $19	Aug 22, 2018
Zayo Q4 F2018 Earnings: Considering Quality in Addition to Quantity	Aug 22, 2018
Turns Out That Slower Cord-Cutting Wasn’t the Only Surprise in Q2… Broadband Growth Accelerated, Too - August 21, 2018	Aug 21, 2018
July C3 Ratings - Dog Days of Summer - August 14, 2018	Aug 14, 2018
Dish Network: The OTHER Branches of the Tree... Downgrading Back to Sell; Reducing Target Price to $29	Aug 13, 2018
Fox: More Than Meets the Eye	Aug 9, 2018
Viacom: Cat On A Hot Tin Roof	Aug 9, 2018
Cable One Q2 2018 Earnings: Why the Premium?	Aug 9, 2018
Snap: More Questions Than Answers	Aug 8, 2018
CenturyLink Q2 2018 Earnings: Bottom Line or Top Line?	Aug 8, 2018
Equinix Q2 2018 Earnings: Positioning for the Future (and Doing Fine Until Then)	Aug 8, 2018
Disney: Three Years Later	Aug 8, 2018
Discovery: Promises, Promises…	Aug 8, 2018
Cinemark: Why Not Get More Positive?	Aug 8, 2018
Netflix: Double Trouble for International RPU?	Aug 6, 2018
Q2 2018 Cord-Cutting Monitor: Wait, Did That Just Happen?	Aug 6, 2018
Dish Network Q2 2018 Earnings: What Would a Decision Tree Look Like?	Aug 3, 2018
Altice USA Q2 2018 Earnings: Is Cable Cool Again?	Aug 2, 2018
CBS: CBS Is… Uninvestable	Aug 2, 2018
AMCX: Bringing a Knife to a Gun Fight	Aug 2, 2018
Cogent Q2 2018 Earnings: How Much Do I Love Thee? Let Me Count the Cylinders...	Aug 2, 2018
CyrusOne Q2 2018 Earnings: Success Begets…	Aug 1, 2018
Alphabet: Google Next Takeaways – Postcards From The Cloud	Aug 1, 2018
Sprint CQ2 2018 Earnings: Getting Real	Aug 1, 2018
T-Mobile Q2 2018 Earnings: Would TMUS Really Be Better Off If the Deal Doesn’t Happen?	Aug 1, 2018
Charter Q2 2018 Earnings: What Would It Take for CHTR to Be a $400 Stock Again	Jul 31, 2018
American Tower Q2 2018 Earnings: Rabbit Out of a Hat	Jul 31, 2018
SBA Q2 2018 Earnings: US vs. Brazil in the Tower World Cup Finals	Jul 30, 2018
Twitter: How Are You Feeling About '19?	Jul 30, 2018
Facebook: The New Reality or Self-Immolation for Self Protection	Jul 26, 2018
Digital Realty Q2 2018 Earnings: REIT vs. TMT	Jul 26, 2018
Comcast Q2 2018 Earnings: Ah, What Might Have Been…	Jul 26, 2018
CoreSite Q2 2018 Earnings: Balancing the Near Term and the Long Term	Jul 26, 2018
Interpublic: Who Do You Have To Schtup Around Here?	Jul 25, 2018
QTS Q2 2018 Earnings: On the Road to Recovery?	Jul 25, 2018
Alphabet 2Q18 Earnings: Nothing To See Here...But Growth & Value	Jul 24, 2018
AT&T Q2 2018 Earnings: That’s Showbiz, Folks	Jul 24, 2018
Verizon Q2 2018 Earnings: Life without Video	Jul 24, 2018