September 4, 2013 |
The Tennis Channel has lost its bid for a review of a pivotal court decision in its marathon legal match against cable giant Comcast Corp. On Wednesday, the District of Columbia Circuit Court of Appeals denied the Tennis Channel's petition that asked the full panel of judges to hear its case accusing Comcast of anti-competitive behavior. In May, Comcast won a unanimous court victory when three members of the U.S. Court of Appeals for the D.C. circuit ruled that the Tennis Channel had failed to prove that Comcast was guilty of discrimination by placing the Tennis Channel in a higher-priced sports tier with fewer subscribers.
August 16, 2013 |
Comcast Corp. has increased the salary of NBCUniversal Chief Executive Steve Burke and extended his tenure through August 2018. The Philadelphia-based cable TV giant on Friday said it has extended Burke's employment contract for five years and provided him with a nearly 20% bump in base salary to $2.6 million, up from $2.2 million, effective Sept. 1. Comcast cited Burke's efforts to sharpen NBCUniversal's business strategy, including making beneficial acquisitions and dramatically improving the company's financial performance, as reasons to renew his contract.
July 25, 2013 |
Comcast Corp. Chief Executive Brian L. Roberts has extended his tenure at the nation's largest cable company -- for at least another year. Roberts isn't planning on going anywhere -- despite the seemingly short-term nature of the deal. His father, Ralph Roberts, founded the company a half century ago. What's more, Brian Roberts' employment contract had expired last month, according a filing Wednesday with the Securities and Exchange Commission. Rather than renegoitiate his entire agreement, Roberts simply amended the pact so that it runs through June 2014.
July 12, 2013 |
The Tennis Channel wants back on the court. The cable network has petitioned the full U.S. Court of Appeals for the District of Columbia in an effort to reverse a May ruling by three of the judges there regarding a dispute with Comcast Corp. In that ruling, the court said the Tennis Channel had not proved that Comcast Corp., the nation's largest cable operator, had discriminated against it by not offering the network to all its subscribers as it does for sports networks it owns, including the Golf Channel.
June 25, 2013 |
Comcast Corp. says Aereo, a company that distributes broadcast programming on the Web, violates its copyrights, but according to often-contrarian analyst Richard Greenfield of BTIG, the cable giant is fighting the tech firm at its own peril. Comcast has argued that the Web TV company distributes its content without permission, which hurts its broadcaster, NBC Universal. CBS, Fox and ABC have all made similar legal arguments. But Aereo could help Comcast's pay-TV business, Greenfield said in a note to clients Monday.
June 13, 2013 |
Ken Solomon, chief executive of the small Tennis Channel, regrets the 4 a.m. email blast he sent staff members of the Santa Monica-based network. Solomon composed the email last month from his Paris hotel room, hours after the Court of Appeals for the District of Columbia delivered a crushing blow against the independent Tennis Channel in a long-running legal dispute with cable giant Comcast Corp. The three judges who heard the case sided with Comcast. In a lengthy rant, Solomon compared Comcast to a "brutal captor" that committed a sexual assault on the Tennis Channel for nearly a decade.