TWC to add 300 hours of programming from Disney nets
Time Warner Cable continues to enjoy the fruits if its September programming accord with Disney, as the nation's second-largest cable operator has added more than 300 hours of new on-demand content from ABC, Disney and ESPN.
The new on-demand programming includes shows from ABC, ESPN, ESPNU, ESPN Deportes, ABC Family, Soapnet, Kids on Demand and Disney XD.
Time Warner Cable recently became the first cable operator to offer ESPN content on its TV Everywhere service.
Time Warner Cable is also poised to launch its Primetime HD On Demand tomorrow, which will be available for free to its digital subscribers.
Primetime HD On Demand will carry primetime programming from ABC, NBC and CBS in HD. Subscribers will have more than 100 hours of the networks' primetime programs, including NBC's "30 Rock" and "The Office," ABC's "Grey's Anatomy" and "Desperate Housewives," and CBS' "Medium" and "CSI."
Time Warner Cable announced this morning that it had initiated an underwritten public offering of debt securities with maturities of 10 and 30 years. The company said the net proceeds from the issuance of the debt securities were expected to be used for general corporate purposes, which could include the repayment of debt and the repurchase of Time Warner Cable's common stock.
Time Warner Cable didn't say what the size of the offering will be, or when it will take place. Last week the company said during its third-quarter earnings report that it would buy back $4 billion of its stock.