Comcast looks to the future in bid for NBC Universal, but investors have mixed feelingsOctober 2nd, 2009 Comcast looks to future in bid for NBC UniversalPHILADELPHIA — Years ago, Comcast Corp. CEO Brian Roberts was asked at a conference what kept him awake at night.
AP sources confirm Comcast is in talks for a 20 percent to 50 percent stake in NBC UniversalOctober 1st, 2009 AP sources: Comcast exploring stake in NBCPHILADELPHIA — Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation's largest cable TV provider into one of the most prominent owners of TV shows, movies and other programming as well.
Comcast shares dive on reports that cable TV operator is taking a stake in NBC UniversalOctober 1st, 2009 Comcast shares dive on reports of NBC acquisitionPHILADELPHIA — Shares of Comcast Corp. are diving after reports surfaced that the nation's largest cable TV provider is in talks to purchase a stake in NBC Universal.
AP sources: DirecTV in talks with TBS, TNT cable networks to put shows onlineAugust 28th, 2009 AP sources: DirecTV, TBS, TNT to put shows onlineDirecTV Group Inc. is in talks with the TBS and TNT cable networks to offer their shows online, according to two people familiar with the discussions.
Court rejects FCC rule to cap cable subscriber market share at 30 pct, handing Comcast victoryAugust 28th, 2009 Court rejects FCC 30 pct cap on cable market sharePHILADELPHIA — An appeals court on Friday overturned a rule that said a cable TV company could not serve more than 30 percent of the nation's subscribers. The verdict was a victory for the largest cable company, Comcast Corp., which has 26 percent share and sued to block the rule.
Summary Box: Appeals court rejects FCC rule that capped cable TV market shareAugust 28th, 2009 Summary Box: Court ends cap on cable market shareCAP OFF: A federal appeals court overturned the FCC's rule that said a cable TV company could not serve more than 30 percent of the nation's subscribers. The largest cable company, Comcast, which has 25 percent share, sued to block the rule.
McDonald's, Dynegy, Merck, Dish Network, Barnes & Noble are among big market movers MondayAugust 11th, 2009 McDonald's, Dynegy, Merck are big moversNEW YORK —The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
McDonald's Corp., up $1.07 at $56.27
Same-store sales climbed 4.3 percent in July, as the hamburger chain benefited from budget-conscious consumers and wide promotion of new coffee drinks. Dynegy Inc., up 30 cents to $2.23
The power provider will sell eight plants and another under development for $1 billion in cash and $500 million in stock, while its second-quarter loss widened.
Comcast 2Q profit soars 53 percent on higher revenue, but subscriber growth slowsAugust 6th, 2009 Comcast 2Q profit soars 53 pct on higher revenuePHILADELPHIA — Comcast is reporting a 53 percent increase in net income for the second quarter as more customers signed up for digital cable TV, Internet and phone services. The nation's largest cable TV operator earned $967 million, or 33 cents per share, in the quarter.
Time Warner Cable 2Q profit rises on higher subscription revenueJuly 29th, 2009 Time Warner Cable 2nd-quarter profit risesTime Warner Cable Inc., the nation's second largest cable TV operator, on Wednesday reported a 14 percent increase in second-quarter profit but warned that subscriber growth continued to slow. The outlook sent shares skidding $1.27, or 3.8 percent, to $32.62 in afternoon trading.
Time Warner's posts drop in 2Q earnings, but affirms full-year outlookJuly 29th, 2009 Time Warner posts smaller 2Q net, affirms outlookNEW YORK — Media conglomerate Time Warner Inc. said Wednesday its second-quarter profit shrank 34 percent as the ad slump and slow DVD sales hurt revenue in the company's publishing, movie and online properties.
Comcast's online video trial for cable subscribers grows to 23 networksJuly 14th, 2009 Comcast online video trial grows to 23 networksPHILADELPHIA — Seventeen more cable TV networks said Tuesday they are joining an online video trial by Comcast Corp., a move that tacitly acknowledges advertising isn't enough to support shows streamed over the Internet. The networks join a growing roster of content providers — including CBS, HBO, Cinemax, TBS, TNT and Starz — that have agreed to participate in Comcast's test, bringing the total to 23 programmers since the initiative was announced in June.
HBO coming to the Internet: Time Warner, Comcast to start online video trialsJune 24th, 2009 Time Warner, Comcast to start online video trialsPHILADELPHIA — Time Warner Inc. and Comcast Corp.
Comcast to sell advertising for competitor Verizon FiOS TV in 10 marketsJune 24th, 2009 Comcast to sell advertising for Verizon FiOS TVPHILADELPHIA — Setting aside their rivalry in the interests of business, Comcast Corp. said Wednesday it will sell advertising for Verizon Communications Inc.'s FiOS television service in 10 markets where they both compete.
AP source: Comcast reaches deal to move NBA TV to popular digital TV tierJune 4th, 2009 AP source: Comcast adding NBA to popular servicePHILADELPHIA — Comcast Corp. has reached a new seven-year agreement that will add the NBA TV channel to the cable TV operator's most popular digital tier of service before the start of the next pro basketball season.
Cablevision sees 1st-qtr profit with cable growth, Newsday revenue; considers Garden spinoffMay 8th, 2009 Cablevision posts profit; explores Garden spinoffCablevision Systems Corp. reported a profit for the first quarter Thursday as revenue climbed 11 percent, due to subscriber growth and the addition of the recently acquired Long Island-based newspaper Newsday and the Sundance channel.
Loading ...