Latest Comcast News


Surprise Shakeup At Universal

10th September 2013

Despite the fact that the top executives at Universal Pictures had been responsible for making the studio the No. 2 moneymaker among Hollywood studios this year, a shakeup by owner Comcast on Monday saw the...

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Who's Watching Al Jazeera America?

29th August 2013

There was much tongue wagging after it was reported that Al Jazeera America had gone on the air last week with an average of just 22,000 viewers, spiking to 54,000 with Real Money with Ali...

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At Comcast, Minions Rule

1st August 2013

Who needs to worry about a struggling TV network like NBC when you've got minions working for you? That question seemed unavoidable as Comcast Corp., which owns both NBC and Universal, the distributor of Despicable...

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Cbs's Eye May Shut On Time Warner Subscribers

19th July 2013

Time Warner Cable subscribers may see the nation's most-watched network disappear from their screens after 11:59 p.m. on July 24 unless the companies can agree on a new retransmission consent agreement. Time Warner is the...

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Lone Ranger Flop Fails To Hurt Disney Stock

9th July 2013

Go figure. Despite the fact that some analysts were predicting that Disney might have to take a $150-190 million write-off on The Lone Ranger following a disastrous start over the Independence Day holiday, the company's...

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Comcast No. 1 Cable Operator Worldwide

3rd June 2013

Comcast, which owns NBC, is the No. 1 cable operator in the world with almost 22 million subscribers, according to a new survey by Monterey, CA-based SNL Kagan. Nevertheless, that figure is down by about...

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Time Warner Cable May Take Stake In Hulu

16th May 2013

The parent companies of Fox TV, ABC, and NBC may have a new partner in operating Hulu, the video website that streams TV episodes online to U.S. audiences. Bloomberg News reported on Wednesday that Time...

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Chicago Sports Anchor Fired Over Web Video

8th May 2013

What appeared to be an innocent -- albeit humorous -- blooper by a reporter for Comcast's SportsNet that went viral on the Internet has led to her dismissal by the sports channel. During a telecast...

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Media Companies Issue Mixed Earnings Reports

2nd May 2013

Media companies were issuing a flood of second-quarter earnings reports, most of them displaying very mixed results. Viacom, for example, reported an upswing at its cable-TV networks, particularly at Nickelodeon, which has seen its ratings...

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Analyst: Cable Operators Likely To Welcome Aereo

3rd April 2013

Cable companies could find that they have a mighty ally, Barry Diller's Aereo, in their battle with broadcasters over retransmission fees -- at least in the short run, BTIG analyst Richard Greenfield observed in a...

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Comcast Bags The Whole Peacock

13th February 2013

Comcast has purchased from GE the 49 percent of NBCUniversal that it does not own, giving it full control of the media conglomerate that includes the NBC Television Network, Universal Pictures, Universal Studios theme parks...

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Time Warner Cable Channels Buoy Conglomerate

7th February 2013

Time Warner may be the only media conglomerate among the top five -- the others are Comcast (NBC), News Corp (Fox), Disney (ABC) and National Amusements (CBS) -- without a broadcast network of its own...

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Twc Dumps Current Tv After Sale To Al-jazeera

3rd January 2013

Within hours of learning that Al Jazeera had acquired Current TV, Time Warner Cable pulled the plug on the channel, replacing it with a message reading This channel is no longer available. The cable company...

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Cable Operators May Put A Lid On Soaring Sports Costs

20th November 2012

While cable and satellite operators have long complained about the cost of so-called retransmission consent fees -- the fees demanded by broadcast stations to allow their signals to be carried by the operators -- those...

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Cablers Charging More For Internet Alone Than For Bundle With Tv

14th November 2012

Cable companies are fighting back against subscribers who want to cut the cord -- drop their TV service and watch shows via video websites on the Internet. Some cable ISPs are now charging more for...

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Nbc Comeback Shines In Comcast's Third-quarter Results

26th October 2012

esults for the new season barely made it into its third-quarter count, but Comcast said today (Friday) that its NBC unit showed a 31.2-percent increase in revenue for the quarter to $6.8 billion, and while...

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Nbc Comeback Shines In Comcast's Third-quarter Results

26th October 2012

esults for the new season barely made it into its third-quarter count, but Comcast said today (Friday) that its NBC unit showed a 31.2-percent increase in revenue for the quarter to $6.8 billion, and while...

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Cable Companies Dive Into Video Gaming

26th September 2012

Cable-TV settop boxes may soon become video-game devices, according to a report by Bloomberg News. Comcast, Time Warner Cable, Verizon and AT&T are all reportedly in talks with data streaming specialists to bring streaming game...

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Cable Companies Dive Into Video Gaming

26th September 2012

Cable-TV settop boxes may soon become video-game devices, according to a report by Bloomberg News. Comcast, Time Warner Cable, Verizon and AT&T are all reportedly in talks with data streaming specialists to bring streaming game...

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Report Leno's Tonight Is Barely Breaking Even

28th August 2012

NBC's Tonight show, which once contributed $100 million annually to NBC's bottom line, is now "barely breaking even," the Los Angeles Times reported today (Tuesday), citing people familiar with the matter. That plunge in revenue...

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Leno Responds To Budget Cuts -- In His Monologue

22nd August 2012

Jay Leno responded Tuesday to reports that NBC has steeply cut the budget of the Tonight show and that Leno himself had offered to take a cut in pay of as much as 25 percent...

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Leno And Tonight Back To 2009

20th August 2012

For Jay Leno and the Tonight show, it must have seemed like 2009 all over again. That was the year that NBC decided to move him into primetime as it turned Tonight over to Conan...

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Olympics On Tv -- Nobody's A Winner

7th August 2012

The Olympics are becoming a ratings bonanza internationally for the stations and networks carrying them; they are also crushing every other station and network competing with them. The irony is that because of the enormous...

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Despite Major Losses, Comcast Reports Solid Earnings Overall

2nd August 2012

Comcast shareholders had every reason to suspect a dismal third-quarter report on Wednesday. After all, Comcast's movie studio, Universal, released one of the biggest bombs of the period, Battleship . Its broadcast television network, NBC,...

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At Olympics, Nbc Collects More Gold (Or Green) Than Expected

2nd August 2012

NBC, which had previously said that it expected to take a loss of around $100-200 million on its Olympics coverage, has revised its forecast. It's now expecting to break even. The new forecast came from...

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Report Universal's Meyer To Be "Kicked Upstairs"

1st August 2012

Comcast plans to replace Universal chief Ron Meyer with DreamWorks' Stacey Snider after the Olympics, the New York Post reported today (Wednesday), citing unnamed sources. The newspaper said that Snider, who is friendly with Comcast...

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No End In Sight For Viacom-directv Stand-off

19th July 2012

Analysts are expressing surprise that the carriage dispute between Viacom and DirecTV has now gone into a second week with no sign of a settlement. "We never thought a cable network with the scale of...

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Microsoft Drops Out Of Msnbc.com

16th July 2012

Hit the delete key on the "MS" in MSNBC.com. Comcast, which owns NBC Universal, has acquired from Microsoft the 50 percent of the news website that it didn't already own and has renamed it NBCNews.com....

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Nbcuniversal Looking Healthier Under Comcast

2nd May 2012

It goes without saying that owning the television network that broadcasts the Super Bowl can be beneficial to a company's financial health during the first quarter of any year. But Comcast's purchase of NBCUniversal in...

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Nbc Universal Chief Loses A Third Of His Pay

23rd April 2012

NBC Universal CEO Steve Burke had his compensation slashed by more than a third in 2011, according to an SEC filing. Not that the reduction will inspire much distress. Burke wound up the year with...

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