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.
CALIFORNIA | LOCAL
April 23, 2013 |
After a bumpy 17-year process that once proposed developing thousands of homes on its famous Hollywood back lot, NBCUniversal won unanimous approval Tuesday from the Los Angeles County Board of Supervisors for a plan that lets it expand its Universal Studios theme park. The $1.6-billion project will include nearly 2 million square feet in office and production space, a bike path along the adjacent Los Angeles River that would eventually allow cyclists to pedal to Studio City, and a Harry Potter-themed attraction.
February 27, 2014 |
Less than three years after launching a leading online video subscription service in Japan, Hulu has decided to bow out of the country. Santa Monica-based Hulu has agreed to sell its Hulu Japan subscription service to Japan's Nippon Television Network Corp., the companies announced late Thursday. "We have now reached a point in the growth of the business in Japan where we feel the best path forward is to sell the company to a strategic buyer," Hulu Chief Executive Mike Hopkins wrote in a blog post announcing the divestiture of one of the company's most ambitious projects.
May 15, 2012 |
In a move that could have far-reaching implications for the development of new distribution systems for content, the Federal Communications Commission is considering changing how it defines a multichannel video programming distributor (MVPD). Currently, MVPDs are considered to be cable and satellite operators such as Comcast Corp. and DirecTV. However, Sky Angel LLC, a company that provides programming much the same way as a cable or satellite operator does, but through the Internet -- in the industry term, "over the top," -- wants the FCC to recognize it as an MVPD.
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.
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.
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.
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 10, 2013 |
After the coffee. Before rooting for the Tigers to beat the A's. The Skinny: How do the St. Louis Cardinals do it? Every year they are in the running. That is some smart management and the Dodgers will have their work cut out for them. Thursday's headlines include a deal between Comcast and Twitter, clouds over Katie Couric's daytime show and CBS overhauls its struggling Monday night lineup. Daily Dose: Satellite broadcaster Dish Communications is in another spat with a broadcaster.
September 30, 2013 |
After the coffee. Before over-analyzing the end of "Breaking Bad. " The Skinny: I was all set to see "Don Jon" on Sunday but the ArcLight in Hollywood had other plans and canceled the early afternoon screening in the dome. A text or an email might have been nice! At least the Redskins won. Monday's Morning Fix includes the box office recap, a review of the "Breaking Bad" finale and a regional sports network filing for bankruptcy protection. Daily Dose: Seems that for once most critics and viewers agree that the finale of "Breaking Bad" delivered.