Comcast Corp.

  1. Comcast Q2 Profit Increases On Strength of Broadband Sales

    July 22, 2014 1:26 PM EDT Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated. Its adjusted earnings topped Wall Street estimate ...

  2. FCC Examining Reasons for Internet Traffic Jams

    June 13, 2014 2:34 PM EDT The Federal Communications Commission is setting out to unravel the mystery behind the Internet traffic jams bogging down the delivery of Netflix videos and other online content. The inquiry announced Friday by FCC Chairman Tom Wheeler will dissec ...

  3. AT&T Aims for TV's Future with $48.5B DirecTV Deal

    May 19, 2014 10:54 AM EDT Priming itself for the age of Internet-delivered video, AT&T Inc. said it would buy DirecTV for $48.5 billion in cash and stock, or $95 per share. While DirecTV doesn't help the telecom company compete in the online video space immediatel ...

  4. Hulu Owners Looking to Finalize Deal Within Two Weeks (Report)

    July 09, 2013 7:02 AM EDT The current owners of online video destination Hulu will sort through binding bids received by the end of last week and hope to finalize a deal in the next week or two, the Wall Street Journal reported. One person familiar with the sales process ...

  5. Walmart Launches Disc To Digital Service

    March 14, 2012 8:03 AM EDT LOS ANGELES (AP) -- Wal-Mart pledged to help introduce Hollywood's emerging online movie locker system to its customers, many of whom have never owned anything digital in their lives. People who own DVDs or Blu-ray discs from five participati ...

  6. Verizon To Launch Streaming Service With Redbox, Challenge To Netflix

    February 07, 2012 7:00 AM EST NEW YORK (AP) - Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox's parent company, said Monday that the ser ...

  7. Wal-Mart Offers Video Streaming Via Vudu Post Netflix Price Increases

    July 26, 2011 8:05 AM EDT NEW YORK (AP) - Now playing: Movies at Walmart.com. The world's largest retailer on Tuesday started streaming many movies the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc ...

  8. Beyond Netflix: Where Else To Get Your Flick Fix

    July 14, 2011 7:30 AM EDT NEW YORK (AP) - Even with a fee hike, millions of Netflix subscribers will be spending less each month than what it costs two adults to watch a single movie in a theater. Yet the company, which is usually well-liked, managed to irk many of its 23 ...

  9. Netflix Rates Rise Up To 60 Pct For DVD, Streaming

    July 12, 2011 10:10 PM EDT Netflix is raising its prices by as much as 60 percent for millions of subscribers who want to rent DVDs by mail and watch video on the Internet. The company is separating the two options so that subscribers who want both will have to buy separate ...

  10. Hulu Considering Putting Itself Up For Sale

    June 22, 2011 7:15 AM EDT LOS ANGELES - Online video service Hulu is exploring putting itself up for sale after receiving an unsolicited takeover offer, people familiar with the matter said Tuesday. The offer was large enough to make Hulu's board review the deal and c ...

  11. Big Entertainment Stocks Post First-Quarter Gains

    April 01, 2011 7:35 AM EDT The opening quarter of 2011 saw the shares of a range of entertainment conglomerates hit new multiyear highs as double-digit gains for all sector biggies except Sony Corp. outpaced the broad-based S&P 500 stock index. The gains, led again by C ...

  12. Comcast Wins Government Approval To Take Over NBC

    January 18, 2011 12:00 AM EST The federal government on Tuesday gave Comcast Corp., the country's largest cable company, the green light to take over NBC Universal, home of the NBC television network. Comcast is buying a 51 percent stake in NBC Universal from General Elec ...

  13. Will The Comcast-NBC Universal Deal Get FCC Approval Today?

    January 18, 2011 12:00 AM EST The Federal Communications Commission may approve Comcast Corp.'s proposed purchase of NBC Universal Tuesday, according to reports. Citing what it called "people close to the review," the Wall Street Journal said four of the FCC ...

  14. FCC Chairman Seeks Conditions on Comcast-NBC Universal Deal

    December 23, 2010 12:00 AM EST The head of the Federal Communications Commission is laying out regulatory conditions to ensure that cable giant Comcast Corp. cannot stifle video competition once it takes control of NBC Universal. The conditions are intended to guarantee that bo ...

  15. FCC Loses Key Ruling On 'Net Neutrality'

    April 06, 2010 12:00 AM EDT A federal court threw the future of Internet regulations and U.S. broadband expansion plans into doubt Tuesday with a far-reaching decision that went against the Federal Communications Commission. The U.S. Court of Appeals for the District of Colu ...

  16. Cablevision Looks To Spin Off MSG, Posts Profit

    May 07, 2009 12:00 AM EDT Cablevision Systems Corp floated a plan to spin off of its Madison Square Garden business, which includes its New York Knicks basketball team and Radio City Music Hall, and it posted a first-quarter profit. Shares jumped as much as 18% on Thursday ...

  17. Univision To Stop Airing On Indianapolis Station

    December 29, 2008 12:00 AM EST Thousands of Indiana residents will not be able to watch a Spanish-language television network after Thursday, when Univision is scheduled to stop airing on an Indianapolis station that has carried it for five years. LIN TV Corp., the parent compa ...

  18. AEG To Manage Portland's Rose Quarter

    June 09, 2008 12:00 AM EDT The parent company for the Portland Trail Blazers has picked a new company to manage the Rose Quarter, where the team plays. Vulcan Inc. announced Monday (June 9) that the Los Angeles-based company Anschutz Entertainment Group, a subsidiary of Ans ...

  19. Comcast Blocks Some Internet Traffic

    October 19, 2007 12:00 AM EDT Comcast Corp. actively interferes with attempts by some of its high-speed Internet subscribers to share files online, a move that runs counter to the tradition of treating all types of Net traffic equally. The interference, which The Associated Pr ...

  20. Analyst: Media Stocks To Rebound

    December 30, 2005 12:00 AM EST 'The radio industry is poised for an upswing.' Media stocks should pick up the pace in 2006, many Wall Street analysts said. Considering their performance in 2005, though, it is an easy comparison. Of the major entertainment conglomerate ...

  21. Case Resigns From Time Warner Board

    November 08, 2005 12:00 AM EST Steve Case, who co-founded America Online and was one of the architects of the much-maligned AOL-Time Warner merger, said Oct. 31 that he has resigned from TW's board to focus on media investments via NEW YORK (The Hollywood Reporter) -- Stev ...

  22. Forgent Sues TV Companies Over Patents

    July 19, 2005 12:00 AM EDT Software and intellectual property licensing firm Forgent Networks on July 14 said it has filed a lawsuit against 15 cable and satellite TV companies for infringing on a digital video recording patent (The Hollywood Reporter) -- Software and intel ...

  23. Supreme Court Overturns Ruling On Cable Internet Lines

    July 05, 2005 12:00 AM EDT The Supreme Court handed the cable industry and the Federal Communications Commission a big victory June 27 in upholding the commission's 2002 ruling that cable operators are not required to open up t (The Hollywood Reporter) -- The Supreme C ...

  24. Deal Done: The Lion Sleeps

    April 12, 2005 12:00 AM EDT The legendary Metro-Goldwyn-Mayer, which once was the reigning studio in Hollywood, has officially been sold to a consortium headed by Sony Corp. of America. (The Hollywood Reporter) -- The legendary Metro-Goldwyn-Mayer, which once was the reignin ...

  25. Sony Gets EC OK For MGM Buy

    April 05, 2005 12:00 AM EDT European antitrust regulators on March 30 blessed the proposed acquisition of Metro-Goldwyn-Mayer by Sony Corp. of America and its partners, all but assuring that the $4.8 billion sale of the famed st (The Hollywood Reporter) -- European antitrust ...

  26. Iger To Succeed Eisner As Disney CEO

    March 15, 2005 12:00 AM EST Robert Iger was officially anointed as CEO of the Walt Disney Co. on March 13, ending months of speculation about who would follow the 20-year reign of Michael Eisner at the helm of the media giant. NEW YORK (The Hollywood Reporter) -- Robert Iger ...

  27. PBS' Mitchell Exiting Post As President/CEO

    February 22, 2005 12:00 AM EST PBS president/CEO Pat Mitchell has confirmed that she will depart as head of the public broadcasting service when her contract expires next year. (The Hollywood Reporter) -- PBS president/CEO Pat Mitchell has confirmed that she will depart as head ...

  28. CFO Taylor Future President of New MGM

    February 15, 2005 12:00 AM EST When the sale of MGM is finalized later this year, the newly privately held studio will be run by Daniel Taylor. Currently CFO of thepublicly traded company, Taylor will assume the post of president a When the sale of MGM is finalized later this y ...

  29. The Firm Merges With IEP

    March 19, 2004 12:00 AM EST Management/production company the Firm has further diversified its services through a merger with Integrated Entertainment Partners (IEP), a high-profile Hollywood marketing venture. Management/production company the Firm has further diversified i ...

  30. The Firm Merges With IEP

    March 19, 2004 12:00 AM EST Management/production company the Firm has further diversified its services through a merger with Integrated Entertainment Partners (IEP), a high-profile Hollywood marketing venture. Management/production company the Firm has further diversified i ...

  31. EchoStar Satellite Drops CBS in 16 Cities

    March 09, 2004 12:00 AM EST Echostar Communications Corp. on Tuesday dropped local CBS stations from its satellite service in 16 cities and dropped MTV, Nickelodeon and other cable channels nationwide after contract talks with V Echostar Communications Corp. on Tuesday dropp ...

  32. Disney Splits Chief Roles; Eisner Stays As CEO

    March 03, 2004 12:00 AM EST The Walt Disney Co.'s board voted late today (March 3) to split the roles of chairman and chief executive, hours after shareholders delivered a stinging rebuke by withholding 43% of their votes for CE The Walt Disney Co.'s board voted la ...

  33. Source: Comcast Won't Meet Disney Price

    February 17, 2004 12:00 AM EST Cable provider Comcast Corp. is not interested in raising its bid for Walt Disney Co. to match the current stock price of the media conglomerate, a source close to the company said today (Feb. 17). Cable provider Comcast Corp. is not interested in ...

  34. Disney Board Rejects Offer From Comcast

    February 17, 2004 12:00 AM EST The Walt Disney Company rejected Comcast Corp.'s takeover bid, but it also kept the cable giant's hopes alive by indicating more money might do the trick. The board's unanimous rejection yesterday (Fe The Walt Disney Company rejecte ...

  35. Disney Shareholders Focus On Comcast Bid

    February 12, 2004 12:00 AM EST Top Walt Disney Co. executives focused on the company's financial outlook in a presentation today to analysts and investors eager to grill chief executive Michael Eisner later in the day about Comcast Top Walt Disney Co. executives focused on ...