Consumer >> Analyst Interviews >> October 31, 2011

A Positive Long-term Outlook For Cable Networks – David C. Joyce – Miller Tabak + Co., Llc

David C. Joyce, CFA, joined Miller Tabak + Co., LLC, as the firm's equity research Media Industry Analyst in August 2005. He has 17 years of experience in equity research and investment banking. Mr. Joyce currently is ranked as a Bloomberg Best Analyst for his estimate and target performance of several of his companies under coverage. Since early 2000, he has been a Senior Equity Analyst covering the media industry at JB Hanauer & Co. and at Guzman & Company, and is best known for his coverage of the Spanish-language broadcasters and the international cable companies. Mr. Joyce placed third in the 2004 The Wall Street Journal Best On The Street award based on his 2003 stockpicking performance. In addition, he garnered recurring recognition for earnings estimate accuracy for media, entertainment, broadcasting and cable stocks. Mr. Joyce's career began at Salomon Brothers Inc., where he was an Investment Banking Analyst covering financial institutions and large-capitalization diversified companies. Subsequently, he was an Associate Analyst in The Bear Stearns Companies, Inc., equity research department for three years. He earned his MBA in finance at New York University's Leonard N. Stern School of Business in 1998, and he has a B.S. in business administration from Georgetown University. Profile
TWST: Let's start with an overview of your coverage universe.

Mr. Joyce: I cover the content and cable companies, so it would include 22 companies that are in the entertainment space, as well as the