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Monday, November 18, 2013

BRIEF-Time Warner Cable and Discovery Communications reach long-term distribution agreement, (NASDAQ: DISCA), (NYSE: TWC), (NYSE: TWX)

Time Warner Cable Inc : * Time Warner Cable and Discovery Communications reach long-term distribution agreement * Says Time Warner Cable and Discovery Communications today announced the earlyrenewal of their distribution agreement * Says additional terms of the agreement were not disclosed * Deal will allow TWC and bright house networks to continue delivery ofdiscovery's networks to their subscribers without interruption * Parties also expect Time Warner Cable customers to enjoy authenticated accessto Discovery content in the near future" * Source text for Eikon * Further company coverage

Discovery Communications, Inc. (Discovery) is a global nonfiction media and entertainment company that provide programming across multiple distribution platforms worldwide. Shares of DISCA traded higher by 0.49% or $0.42/share to $85.85. In the past year, the shares have traded as low as $55.42 and as high as $89.58. On average, 1144470 shares of DISCA exchange hands on a given day and today's volume is recorded at 477769.

Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC traded higher by 0.6% or $0.72/share to $121.60. In the past year, the shares have traded as low as $84.57 and as high as $128.17. On average, 1794320 shares of TWC exchange hands on a given day and today's volume is recorded at 473311.

Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.24% or $-0.16/share to $67.48. In the past year, the shares have traded as low as $44.71 and as high as $70.77. On average, 4162080 shares of TWX exchange hands on a given day and today's volume is recorded at 1493470.



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