Tentative Charter Deal Buys Viacom Turnaround Time, Credit Suisse Analyst Says
Charter Communications and Viacom's announcement this week they reached a tentative carriage agreement gives Viacom CEO Robert Bakish "breathing room" for his turnaround strategy and also is a vote of confidence in the value of Viacom's networks to MVPDs, Credit…
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Suisse's Omar Sheikh emailed investors Wednesday. The deal, when finalized, likely will include full carriage of Viacom networks, though Charter might enjoy a reduction in its affiliate rate, the analyst said.