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BUSINESS
October 22, 2002 | Bloomberg News
Comcast Corp. and 10 other cable-television system owners agreed to follow new guidelines for reporting certain operating figures, a move designed to give investors better information for evaluating the companies. The guidelines won't replace generally accepted accounting principles or affect financial statements. Instead, executives said they are seeking to eliminate inconsistencies in how their companies report operating statistics such as subscriber counts and capital expenditures.
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ENTERTAINMENT
April 23, 2014 | By Meg James
The NBC broadcast network, after trailing in the ratings for nearly a decade, could finish the TV season in first place among viewers prized by advertisers. Comcast Corp. executives Tuesday lauded the peacock network's performance, which helped power the Philadelphia cable giant's earnings for the quarter ended March 31. This season, NBC has increased its prime-time audience among viewers ages 18 to 49 - the audience that advertisers pay a premium to reach. "The Blacklist" with James Spader and the singing competition show "The Voice" have been reliable performers.
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BUSINESS
September 18, 2002 | Bloomberg News
Comcast Corp.'s planned $56-billion purchase of AT&T Corp.'s cable television business cleared a regulatory hurdle at the Justice Department, the companies said. The waiting period under the Hart-Scott-Rodino antitrust act expired at midnight. The Federal Communications Commission still must approve the acquisition. Special Class A shares of Philadelphia-based Comcast rose 43 cents to $23.73 on Nasdaq. AT&T shares rose 31 cents to $12.63 on the NYSE.
ENTERTAINMENT
April 11, 2014 | By Meg James
Cable and entertainment giant Comcast Corp. likes to keep things on an even keel.  Comcast Chief Executive Brian L. Roberts received a compensation package valued at $31.4 million last year, up 8% from 2012, according to a company filing Friday with the Securities and Exchange Commission. Meanwhile, Steve Burke, one of Roberts' chief lieutenants and chief executive of NBCUniversal, received $31.1 million in compensation in 2013 -- just below that of his boss.   Burke's compensation represented an 18% jump over his 2012 pay package of $26.3 million.
BUSINESS
July 7, 2004 | From Associated Press
Stephen Burke, president of Comcast Corp.'s cable division, was named to the additional post of chief operating officer of the nation's biggest cable television company. Burke will remain as head of Comcast Cable, which will operate with a restructured leadership team. Before coming to Comcast in 1998, Burke was an executive with Walt Disney Co., where he was president of ABC Broadcasting. Shares of Philadelphia-based Comcast fell 70 cents to $27.26 on Nasdaq.
BUSINESS
April 15, 2005 | From Reuters
A Seattle-area woman has sued Comcast Corp. for disclosing her name and contact information. Dawnell Leadbetter said she was contacted by a debt collection agency in January and told to pay $4,500 for downloading copyright-protected music or face a lawsuit. Leadbetter, a mother of two teenage children, was a subscriber to Comcast's high-speed Internet access. She said the agency was able to track her down using information that the Recording Industry Assn.
BUSINESS
February 14, 2002 | From Associated Press
Comcast Corp. promised amid criticism Wednesday to stop immediately recording the Web browsing activities of its 1 million high-speed Internet subscribers. One congressional member said collecting the data might have broken federal law. The president of Comcast's cable communications division, Stephen Burke, said the company will stop storing the information.
BUSINESS
October 29, 2002 | From Associated Press
Comcast Corp. posted third-quarter net income of $75.6 million, or 8 cents a share, an improvement over its net loss of $106.8 million, or 11 cents a share, for the same period last year. Revenue at the Philadelphia-based cable television system operator was up 12.7% to $2.7 billion for the period. Comcast also said that it expects to complete its merger with AT&T Corp.'s cable unit next month. The deal, which the companies value at $47.
BUSINESS
December 19, 1997 | SALLIE HOFMEISTER
Comcast Corp. plans to sell most of its stake in C3, the programming company it formed two years ago, to partner Richard Frank, the former head of Walt Disney Television. Frank said he has exercised an option to buy out Comcast and that controlling C3 will give him greater flexibility in striking alliances more suitable for the programming C3 will continue to pursue, such as series for prime time and cable. Frank declined to disclose the terms of the deal.
BUSINESS
June 19, 2004 | David Colker, Times Staff Writer
Now you can suffer rejection in the comfort of your own living room. Cable giant Comcast Corp. will begin airing three-to-five-minute video personals next month as part of its video-on-demand programming in its hometown of Philadelphia. It's perhaps the most open invitation to public ridicule since karaoke. "The goal is not to make anyone look like a dork," said Ken Deckinger, whose speed-dating service, HurryDate, will begin producing the videos this month.
ENTERTAINMENT
April 9, 2014 | By Joe Flint and Meg James
Comcast Corp., already the nation's largest cable and Internet provider, says it needs to get bigger to compete against the formidable giants of Silicon Valley. The Philadelphia-based cable behemoth said in a government filing Tuesday that its proposed $40-billion acquisition of Time Warner Cable Inc. will benefit consumers without limiting competition. Both companies contend that they need muscle to compete against emerging competition from Google Inc., Apple Inc., Netflix Inc. and Amazon.com Inc. Comcast said in a 175-page document filed with the Federal Communications Commission that the deal would mean better Internet and cable TV service for millions of consumers.
ENTERTAINMENT
March 10, 2014 | By Meg James
Comcast Corp. has signed a licensing agreement with Sony Pictures Entertainment that will increase the number of titles offered for sale through Comcast's recently launched digital store. The deal with Sony is noteworthy because it allows Comcast customers to purchase digital copies of such Oscar-nominated movies as "American Hustle," and "Captain Phillips" from Comcast's Xfinity On Demand digital service. "American Hustle" will be available beginning Tuesday, and "Captain Phillips" and other movies, including "Cloudy With a Chance of Meatballs 2," will be available within a few weeks.
ENTERTAINMENT
February 26, 2014 | By Joe Flint
Los Angeles, you may have a Houston problem. The Dodgers are expected to have a much better season than the lackluster Houston Astros, but fans of both teams may soon have a lot in common when it comes to watching the games on television. In Houston, a regional sports network owned by cable giant Comcast Corp., baseball's Astros and basketball's Rockets has struggled since launching in late 2012. Comcast was the only big distributor carrying it as other area pay-TV operators, including DirecTV and AT&T, resisted because they thought the price tag was too high.
ENTERTAINMENT
February 26, 2014 | By Dawn C. Chmielewski
The advocacy group Consumers Union is urging federal regulators to scrutinize the deal struck between cable giant Comcast Corp. and the Internet streaming service Netflix. Netflix agreed to pay to directly connect to Comcast's network to improve the video quality of movies and TV shows streamed to subscribers, after many complained about deteriorating quality. Consumers Union, which publishes Consumer Reports magazine, called on Federal Communications Commission Chairman Tom Wheeler and U.S. Atty.
ENTERTAINMENT
February 25, 2014 | By Dawn C. Chmielewski and Meg James
The landmark deal between Comcast Corp. and Netflix Inc. resolves a simmering dispute over who will support America's growing Internet video habit. Netflix has agreed to pay Comcast for a direct connection to the cable operator's broadband networks to ensure that Netflix customers receive an uninterrupted viewing experience when streaming movies and TV shows. The agreement, which was confirmed this weekend, comes after Netflix customers complained about deteriorating service, as videos they tried to watch stuttered and stalled in midstream.
ENTERTAINMENT
February 23, 2014 | By Dawn C. Chmielewski
Updated to correct the name of Netflix's Open Connect initiative. Netflix Inc. has agreed to pay Comcast Corp. to ensure the online service's subscribers get seamless access to movies and TV shows delivered over the Internet, according to people familiar with the matter. The deal, which has been nearly a year in the making, would give Netflix direct access to Comcast's high-speed network, the two companies confirmed Sunday.  Terms were not disclosed. FACES TO WATCH 2014: Digital media The agreement could set a precedent in Netflix's dealings with other Internet access providers, such as AT&T and Verizon Communications.  For Netflix users who are Comcast subscribers, the pact should mean better quality.
BUSINESS
March 3, 2004 | Sallie Hofmeister, Times Staff Writer
Comcast Corp.'s Brian Roberts wasn't rolling out the red carpet this week when Walt Disney Co. pulled into Philadelphia for its annual shareholders meeting. In fact, the chief executive of the Philadelphia-based cable giant that has launched an unsolicited takeover bid for Disney wasn't even in town. Roberts and 500 of the company's top brass were huddled at the Arizona Biltmore Resort & Spa in Phoenix for a long-planned three-day retreat.
BUSINESS
November 14, 2002 | Edmund Sanders, Times Staff Writer
Comcast Corp. got the green light Wednesday to become the nation's biggest cable operator as government regulators approved its $30-billion acquisition of AT&T Corp.'s cable television business. In a 3-1 vote, the Federal Communications Commission ruled that the deal would not harm consumers, may stabilize cable prices and should spur the deployment of new services, such as high-speed Internet access.
ENTERTAINMENT
February 19, 2014 | By Joe Flint
The new distribution contract CBS Corp. signed with Time Warner Cable Inc. last summer after a bitter fight could be a casualty of Comcast Corp.'s proposed acquisition of the pay-TV operator. According to people familiar with the deal, it does not include provisions protecting all the terms of the pact should Time Warner Cable be acquired by a distributor with a sweeter arrangement. These people requested anonymity because the agreement is confidential. Terms of the CBS-Time Warner Cable pact were never publicly disclosed, but Comcast, which signed a 10-year distribution agreement with CBS in 2010, is believed to be paying a lower fee to carry the network's TV stations.
BUSINESS
February 19, 2014 | By Jessica Guynn
SAN FRANCISCO - Google has unveiled an ambitious plan to expand its blazing-fast Internet service to millions of people in 34 more U.S. cities in the clearest sign yet that the Internet giant plans to challenge cable and phone companies in what could become a lucrative stand-alone business. Google said it would begin working with government officials in some of the nation's largest cities, including San Jose, Phoeniz, Atlanta and Portland, Ore., to explore extending Google Fiber there.
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