Cable Execs Don’t See Ad Rebound

Mar 5, 2009  •  Post A Comment

Executives from Comcast Corp. and Time Warner Cable speaking Wednesday at the Deutsche Bank Media and Telecommunications said they don’t see advertising trends recovering any time soon, the Hollywood Reporter says. “We are not forecasting a rebound at all” for this year, Comcast Corp. CFO Michael Angelakis said at the conference. Time Warner CFO Robert Marcus said he doesn’t see “any reprieve in sight,” the trade paper reports.
—Aimee Picchi

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