September 5, 2008 |
Comcast Corp. is appealing a Federal Communications Commission ruling that the company is improperly blocking customers' Web traffic, triggering a legal battle that could determine the extent of the government's authority to regulate the Internet. Comcast challenged the decision in the U.S. Court of Appeals for the Federal Circuit. The Comcast case arose from complaints by users of a type of file-sharing software often used to download large data files, usually video.
July 12, 2011 |
The Federal Communications Commission's Enforcement Bureau is recommending that cable giant Comcast Corp. be sanctioned for unfairly using its market muscle to squeeze the small, independent Tennis Channel. The Santa Monica-based Tennis Channel long has asserted that it suffered discrimination and lost revenue because Comcast, the nation's largest cable television operator, with 23 million customers, has refused to add the sports network to a more widely distributed package of channels.
July 10, 2012 |
Comcast Corp. has struck a deal to sell its minority stake in A&E Television Networks, whose holdings include cable channels A&E, History and Lifetime, for $3 billion. While the sale was expected, the price tag was higher than Comcast thought its holdings were worth. Two months ago, when Comcast first disclosed that it had exercised an option to unload its 15.8% piece of A&E Television Networks to majority owners Walt Disney Co. and Hearst Corp., it said its stake was worth $2 billion.
July 28, 2010 |
Comcast Corp., the largest U.S. cable company, posted second-quarter profit and sales that beat analysts' estimates as more customers elected premium services such as digital video recorders and high-speed Internet. Profit, excluding costs related to the company's pending takeover of NBC Universal Inc., was 33 cents a share, on sales of $9.53 billion, Comcast said Wednesday. That topped the 32-cent average of estimates compiled by Bloomberg. Analysts predicted the cable operator's sales would be $9.28 billion.
July 22, 2008 |
Comcast Corp. said it expected to sign a code of conduct aimed at blocking child pornography on the Internet after receiving a warning letter from New York Atty. Gen. Andrew Cuomo. Cuomo told Comcast in a letter that he planned to take legal action within five days and said he was concerned that the company wasn't taking "every necessary action to eliminate child porn from the Internet." Comcast said in a statement that it joined with other cable operators and 48 state attorneys general to sign a separate agreement on child-pornography prevention last week and that it anticipated it would sign Cuomo's code of conduct as well.
February 21, 2012 |
America's largest cable operator and largest online video company are heating up the battle for the country's eyeballs. Comcast Corp. unveiled plans Tuesday to launch an online video-on-demand subscription service featuring thousands of TV re-runs and older movies for a flat monthly fee. Netflix Inc., the pioneer of that business, announced a deal to stream movies from Weinstein Co., including the Oscar favorite "The Artist. " The flurry of announcements demonstrates the fervor with which traditional video providers like Comcast and cutting-edge ones like Netflix are seeking to attract and retain consumers who have a growing number of entertainment viewing options.
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.
June 28, 2011
Cable giant Comcast Corp. isn't changing the channel at Universal Studios. Universal President Ron Meyer has signed a new contract with his bosses at Comcast that will extend his tenure until December, 2015. His previous deal had been set to expire at the end of 2012. The extension is a vote of confidence by Comcast, which acquired the studio's parent company, NBCUniversal, in January. Many people in Hollywood had speculated that the new owner might seek to make a management change at Universal given the poor performance of its movie division over the last two years with a string of costly flops such as "Land of the Lost" and "The Wolfman.
December 4, 2009 |
In acquiring legendary Universal Pictures, Comcast Corp. would make its Hollywood debut during a particularly turbulent time for the movie business. Not only are all studios grappling with declining DVD sales and shifting consumer habits in entertainment, but Universal is also struggling to correct course from a prolonged box-office slump, runaway production costs and turmoil in the executive suites. Comcast wouldn't be able to exert much influence over the operations of Universal until well into next year after its merger with NBC Universal is finalized.
February 13, 2013 |
After the coffee. Before seeing if Christopher Dorner coverage got higher ratings in Los Angeles than the State of the Union address. The Skinny: Is it "Happy Gilmore" week on AMC? Every time I flip to AMC that Adam Sandler classic is playing. Wednesday's headlines include Comcast's move to buy out General Electric's stake in NBCUniversal, and Netflix makes another push into original programming. Also a peek at TV pilot season. Sorry, movie buffs, there was a shortage of real cinematic news today.