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.
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.
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.
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.
A&E Television to acquire Lifetime; NBC Universal may leave joint venture in 15 yearsAugust 27th, 2009 A&E Television to acquire LifetimeLOS ANGELES — A&E Television Networks said Thursday it is acquiring Lifetime Entertainment Services, bringing the home of "Project Runway" into a stable of profitable channels that includes A&E and the History channel. Terms of the deal, which is expected to be completed by the end of the year, were not disclosed.
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.
'Jon & Kate Plus 8' draws solid but not huge audience after break and marital breakupAugust 4th, 2009 'Jon & Kate' draws solid, not huge audience MondayNEW YORK — TLC says the return of new episodes of "Jon & Kate Plus 8" delivered a robust audience on Monday. But it was nothing like the crowd of 10.6 million viewers who tuned in on June 22 when the Gosselins revealed their decision to separate.
Michael Jackson memorial drew 31.1 million viewers in USJuly 8th, 2009 NEW YORK — Some 31.1 million people in the United States watched the Michael Jackson memorial on television, with millions more catching video streams on their computers. The Nielsen Media Research estimate on Wednesday provided only a slice of the audience for the Los Angeles event.
Cast of 'Rock of Ages' helps New Yorkers break world record for largest air guitar ensembleJuly 2nd, 2009 NYC breaks record for largest air guitar ensembleNEW YORK — The cast and crew of the Broadway musical "Rock of Ages" and hundreds of inspired New Yorkers have broken the world record for the largest air guitar ensemble. A representative from Guinness World Records counted 810 air guitarists after Wednesday's matinee performance at the Brooks Atkinson Theatre.
BET Awards with Jackson tribute, plus Jon & Kate, show cable TV's competitive strengthJuly 1st, 2009 BET Awards, Jon & Kate make cable competitiveNEW YORK — The BET Awards, which turned into a tribute to Michael Jackson on Sunday night, drew 10.7 million viewers to rank as the most-watched program on a cable network this year. It narrowly beat out last week's divorce episode of TLC's "Jon & Kate Plus 8," which had 10.6 million viewers, according to Nielsen Media Research.
Michael Jackson tribute leads BET Awards to likely largest audience everJune 29th, 2009 Strong ratings for BET Awards and Jackson tributeNEW YORK — The BET Awards turned into an impromptu Michael Jackson tribute and preliminary ratings show that it will have the event's biggest audience ever. Nielsen Media Research says the ratings from its 56 biggest markets showed Sunday's BET Awards were up 61 percent over last year.
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.
Game 4 of Stanley Cup finals earns series' highest cable television rating since 2002June 9th, 2009 Game 4 earns highest cable TV rating since 2002NEW YORK — Game 4 of the Stanley Cup finals has earned the series' highest cable television rating since 2002. The Pittsburgh Penguins' 4-2 win over the Detroit Red Wings on Versus on Thursday night drew a 2.8 rating and averaged 3.45 million viewers.
Leno's last 'Tonight" draws 11.9 million viewers, short of his record and Carson's farewellJune 5th, 2009 Leno's last 'Tonight' draws 11.9 million viewersLOS ANGELES — Jay Leno's final "Tonight" show drew nearly 12 million viewers but fell well short of his most-watched night or Johnny Carson's farewell. Leno wrapped up his 17-year run on "Tonight" on May 29, with new host Conan O'Brien and James Taylor as guests.