“We’re getting the band back together again,” former Nomura Securities analyst Michael Nathanson says of his decision to team up with Craig Moffett, his former colleague for eight years at Bernstein Research. With the move, Moffett’s new boutique research firm will be renamed MoffettNathanson LLC. It reunites two of the Street’s most provocative thinkers — Moffett specializes in telecom and pay TV distribution companies while Nathanson focuses on content producers and advertising. Nathanson twice won top honors among U.S. media analysts in Institutional Investor Magazine’s annual All-America Research Team poll. “One plus one is three,” Moffett says. “Michael is the most insightful media analyst around. But what’s most exciting is that he makes my work better, and vice versa.” Nathanson’s the brother-in-law of CNN chief Jeff Zucker — but that didn’t stop him at Nomura from giving Time Warner a “neutral” rating.

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