February 15, 2012 |
Comcast Corp. beat analysts' estimates with a 26% increase in fourth-quarter profit, but two NBCUniversal units continued to struggle: the NBC broadcast network and Universal Pictures. For the quarter that ended Dec. 31, the Philadelphia cable television giant posted net income of $1.29 billion, or 47 cents a share, compared with $1.02 billion, or 36 cents, for the year-earlier period. Revenue climbed 3% to $15 billion. Once again, the company's core business of providing bundles of cable TV channels and high-speed Internet service bolstered its financial results.
April 23, 2013 |
Potential suitors for the Tennis Channel might want to wait and see what the referees have to say about the cable network's serve before making any deals. Speculation is again heating up that the Tennis Channel, owned by several private equity firms including Apollo Partners and Bain Capital, may be on the block. Last week, the New York Post reported that Al Jazeera Media Networks is interested in the network. People close to the Tennis Channel and Al Jazeera downplayed that story.
October 9, 2013 |
Comcast Corp. has struck a partnership with Twitter to try to capitalize on the huge volume of social media conversations that occur about TV shows. Twitter has turned out to be a digital water cooler with thousands of people around the country simultaneously engaging in real-time conversations on Twitter about favorite television shows or sporting events as they unfold. Media companies, including Comcast, have been scurrying to find ways to channel these conversations that occur on the so-called "second screen" into more viewers for their television programming.
September 16, 2013 |
After the coffee. Before proclaiming next week's "Breaking Bad" to be the best episode of TV ever. The Skinny: The bad news is that the Redskins are 0-2. The good news is they play in the NFC East, where everyone is mediocre. Still, if they don't beat Detroit next week it will be a long and ugly season. Monday's roundup includes the weekend box-office report and NBCUniversal's big hire. Daily Dose: You know your football team is bad when the local TV station is basically apologizing for carrying its games.
May 1, 2013 |
Comcast Corp. posted strong first-quarter earnings with gains in nearly all of its business units -- except for the NBC broadcast network as the peacock's feathers once again got plucked. Dismal prime-time ratings at NBC contributed to a $35-million loss for the quarter for Comcast's broadcast segment. Broadcast revenue plummeted 18.5%, largely because NBC did not broadcast the Super Bowl this year. In 2012, NBC benefited from $259 million in Super Bowl advertising revenue. The network was further hurt because its hit singing show "The Voice" stayed off the schedule until late in the quarter.
May 3, 2012 |
The Federal Communications Commission has ruled in favor of Bloomberg Television in its bitter fight with Comcast Corp. over where its business channel was carried on the cable giant's systems. In a ruling issued by the agency's Media Bureau on Wednesday, the FCC agreed with Bloomberg that Comcast is required to place the business network in the same neighborhood as other news channels, particularly those owned by Comcast, including CNBC and MSNBC. "We agree with Bloomberg that the plain language of the condition suggests that the commission intended that the condition would apply to Comcast's existing channel lineups," the FCC said.
July 12, 2013 |
Like Lucy yanking the football away from Charlie Brown just when he's about to kick it, the owners of Hulu have once again pulled the plug on selling the popular online site. Those lying flat on their back include satellite broadcaster DirecTV, cable operator Time Warner Cable and the Chernin Group, which was partnering with AT&T on a bid. This is the second time in less than two years that Walt Disney Co. and 21st Century Fox have gone through an elaborate auction process to sell the site only to get cold feet . Hulu's third owner -- Comcast's NBCUniversal -- is a silent partner in the site.
April 3, 2013 |
After weeks of speculation, NBC confirmed today that Jimmy Fallon will succeed Jay Leno as host of “The Tonight Show” in the spring of 2014. As part of the switch from Leno to Fallon, “The Tonight Show” will move from Burbank to New York City. Leno has served as host of “The Tonight Show” for more than two decades and has been in first place in the ratings during much of that run. Fallon, who hosts the show that currently follows Leno, recently signed a new deal with NBC. No replacement for Fallon has been named but there is talk that Seth Meyers of “Saturday Night Live” is the leading candidate.
October 10, 2013 |
Comcast Corp. Chief Executive Brian Roberts has made a mission out of perfecting a new-generation remote control to help customers seamlessly find TV programs they want to watch. Now, Roberts is turning to Twitter to help him do just that. Comcast and Twitter on Wednesday announced they are teaming up to try to capitalize on the hundreds of thousands of conversations about TV shows that unfold each day on the popular micro-blogging site. The two companies have struck a strategic partnership to introduce a feature designed by Comcast engineers called "See It" that will connect consumers with TV shows.
October 4, 2013 |
David Letterman isn't going away just yet. The CBS late-night host has extended his contract through 2015. His deal had been set to expire in 2014. In a statement, Letterman cracked that he had a conversation with CBS Chief Executive Leslie Moonves and they both agreed that "I needed a little more time to fully run the show into the ground. " PHOTOS: Hollywood Backlot moments Letterman has been with CBS since 1993. Though he currently trails rival Jay Leno in the ratings, CBS is optimistic that will change when Leno steps down and is replaced by Jimmy Fallon early next year.