Authentic voices. Remarkable stories. AOL On Originals showcase the passions that make the world a more interesting place.
Hank Azaria’s touching, humorous, and often enlightening journey from a man who is not even sure he wants to have kids, to a father going through the joys, trials and tribulations of being a dad.
Gwyneth Paltrow and Tracy Anderson spend time with women who've overcome hardship, injury, and setbacks to triumph in the face of adversity.
Enter the graceful but competitive world of ballet through the eyes of executive producer, Sarah Jessica Parker. This behind-the-scenes docudrama reveals what it takes to perform on the ultimate stage, the New York City Ballet. Catch NYCB on stage at Lincoln Center.
ACTING DISRUPTIVE takes viewers inside the businesses and passion projects of Hollywood’s top celebrities.
Explore what it means to be human as we rush head first into the future through the eyes, creativity, and mind of Tiffany Shlain, acclaimed filmmaker and speaker, founder of The Webby Awards, mother, constant pusher of boundaries and one of Newsweek’s “women shaping the 21st Century.”
They say every picture tells a story and AOL On's new original series My Ink proves it. Travel along as some of the world's greatest athletes bring their tattoos to life through exclusive interviews and visits to their favorite tattoo parlors.
Discover crowdfunded small business success stories with author, comedian, and entrepreneur Baratunde Thurston.
Go behind-the-scenes with racing's hottest, young talent, 17-year-old Dylan Kwasniewski, as he aspires to make it in the #1 motorsport in America – NASCAR
Follow Scott Schuman, the Sartorialist, from the streets of NYC to the capitals of Europe on his quest to photograph and document the best in culture and fashion.
Iconic potter, designer, author and personality Jonathan Adler shares his unique perspective on creativity. Showcasing the inspiration Jonathan finds in the most unlikely people and places, Inspiration Point will add style, craft and joy to your life.
Serving Innovation gives a fresh look into the stories and passions that motivate some of the most innovative tastemakers in America.
A documentary directed by Alex Winter exploring the Napster downloading revolution; the kids who created it, the bands and businesses that were affected and its impact on the world at large.
Nicole Richie brings her unfiltered sense of humor and unique perspective to life in a new series based on her irreverent twitter feed. The show follows the outspoken celebrity as she shares her perspective on style, parenting, relationships and her journey to adulthood.
Dodge and Cox's Charles Pohl says competition is working out to the advantage of the cable companies and valuations look ...
Tags:Attractive Valuations for Cable Companies,attractive cable company valuations,business tips,cable companies competition advantages,cable companies investment opportunity,morningstar,tech stocks,telecommunications stock,mutual funds
Grab video code:
Attractive Valuations for Cable Companies
Dan Culloton: You guys, also have a very large waiting in media stocks which like technology stocks that sometimes are subject to very fierce competition, very technological upgrades that can be really disruptive to the business models. What gives you the confidence in the media, particularly the cable companies that you own, that they continue to earn reasonable profits and cash flows over you time?
Charles Pohl: Oh, we spend a lot of time with the cable companies looking at potential competitive threats. And originally, most markets, the cable companies had a monopoly position. And so, one potential threat is satellite. Now, we’re invested in both addition direct TV, so we have a pretty good understanding of what those guys are trying to do and what they are capable of doing relative to the cable companies.
We also spend time trying to look at new technologies that might be able to impact that franchise. So far, we don’t see anything that’s really possibly going to come to fruition in a kind of a reasonable time horizon.
There are incursions being made into the cable basis by both Verizon with FiOS product which is fibered direct to the home and also, from AT&T with U-verse. We think there is some technological issues that AT&T and has struggled with U-verse. Verizon is the fiber to the home is a very expensive solution. So there is some question as to how many markets they will be able to roll that out in and how quickly.
At the same time that the phone companies are trying to attack the cable basis of subscribers and there is some issues with the attacks both there in terms of Verizon with the cost of it's solution, in terms of AT&T with the actual technology, the solution. The cable companies are going after the phone customers of those companies, and the internet access customers, and they are making considerably great headway in terms of attracting those customers than the phone companies are in terms of taking away cable customers.
So net there, we think that competition is working out to the advantage of the cable companies. And if you look at the evaluations that those command in the market place today and you compare it to the cash flow, they certainly appear to be very attractive investments to us, provided that somebody doesn’t figure out a way to damage those franchises. And we spend a lot of time researching and we don’t really see how that is going to happen right now, but it’s a continuing ongoing research effort for us.