September 27, 2010 |
Comcast Corp.'s second-in-command, Steve Burke, will become chief executive of NBC Universal when the merger of the entertainment assets of Comcast and General Electric Co. is complete, the two companies announced Sunday. Burke, 52, will succeed Jeff Zucker, 45, who said Friday that he would step down when Philadelphia-based Comcast assumes control of NBC Universal, which is expected to happen late this year or early 2011. The two companies are awaiting the federal government's approval of their $30-billion transaction.
August 24, 2010 |
Santa Monica resident Dan Sanders was interested in a fully monogamous relationship with Verizon Communications. He already received phone and Internet service from the company. Now he wanted to add TV to the mix. Sanders, 53, was in luck. Verizon was offering a sweet-as-you-please deal of $89.99 per month for the first year of bundled TV-phone-Internet service. But Sanders knew better. He wanted to know how much the monthly cost would be with all the taxes and fees included.
July 13, 2010 |
Looks like the cable industry is finally responding to the threat of cut-rate online alternatives such as YouTube and Hulu. No, that doesn't mean cable companies will at last allow people to pay only for the channels they want to watch and not stick them with hundreds they don't. But it may soon mean smaller, cheaper packages that could lower your monthly bill. Cable insiders have been telling me for months that smaller packages are in the works. Now a senior industry figure has spoken publicly about the prospect.
May 9, 2010 |
When an executive runs a company whose success depends on stars — whether they are richly rewarded TV news anchors or generously compensated movie idols — it is only fitting that the boss is paid, well, like a star. Call it the Katie Co uric Syndrome. That's one take-away from a Los Angeles Times survey of compensation packages of media and entertainment company executives. While the nation's CEOs in general typically saw their earnings slip in 2009, the men — and they're all men — at the top of the conglomerates that operate the TV networks, movie studios, cable systems and other outposts of the media world continued to command pay packages on par with, and in some cases far higher than, A-list actors.
April 27, 2010 |
A battle is about to erupt between federal regulators and telecom companies, and nothing less than the future of the Internet could be on the line. At issue is a seemingly benign question: Is the Net an information service or a telecommunication service? As it stands, high-speed Internet service is classified by the Federal Communications Commission as a "Title I" information service in the same way that Google is an information service. This means broadband providers such as phone and cable companies are only lightly regulated by the agency.
April 1, 2010 |
Owners of television stations carrying ABC, CBS and Fox programming will seek concessions from Comcast Corp. before the largest U.S. cable company wins approval to take over rival network NBC. If Comcast gives NBC stations "something I can't get or afford, that puts me at a disadvantage," said Brian Brady, chairman of the Fox stations' affiliate board. ABC, CBS and Fox stations "have genuine concerns about being at a competitive disadvantage," Brady said Wednesday. The stations want Comcast to accept "certain regulatory conditions" on fair treatment, Tim Busch, chairman of the CBS Television Network Affiliates Assn.
CALIFORNIA | LOCAL
March 19, 2010 |
Democratic state senators will gather in La Jolla this weekend to enjoy rounds of golf, lavish hotel accommodations and gourmet meals at a fundraiser bankrolled largely by a group that wants a favor from them. The 2010 Pro Tem Cup is being sponsored by an association of cable TV companies that routinely lobbies the Legislature. The group includes Internet providers seeking to derail legislation that would toughen Web-related laws on sex offenders and child pornography. The fundraiser, hosted by Senate President Pro Tem Darrell Steinberg (D-Sacramento)
December 23, 2009 |
It's been a good month for Comcast Corp.'s Steve Burke: Last week he received a new five-year contract as the cable giant's chief operating officer, and on Tuesday he was named to the board of Warren Buffett's Berkshire Hathaway Inc. Comcast said Burke's new contract recognized his responsibilities as the executive who will oversee NBC Universal after the media firm merges into the cable company. In a regulatory filing, Comcast said the deal, signed Dec. 16, will keep Burke at Comcast until 2014.