Comcast Corporation (CMCSA) - NASDAQ
  • Aug. 28, 2014, 1:36 PM
    • Pay-TV operators are having a tough week on the operational side as a Midwest service disruption at DirecTV (DTV +0.2%) follows closely behind high-profile national outages at Charter Communications and Time Warner Cable.
    • The troubling service blackouts by the cable and satellite players hasn't gone unnoticed by consumer groups which are using the development as leverage in protesting the Comcast (NASDAQ:CMCSA) - Time Warner Cable (NYSE:TWC) merger.
    | Aug. 28, 2014, 1:36 PM | 1 Comment
  • Aug. 28, 2014, 8:59 AM
    • Cowen Research analyst Doug Creutz thinks the soft summer box office season this year is evidence of a secular decline in domestic attendance as viewing habits evolve.
    • The analysis runs counter to the line of thought of some media analysts who think a weak and uninspiring summer slate is the culprit.
    • Creutz points out that the number of summer releases is in-line with historical averages, while box office bulls note tent-poles are spread out throughout the year more than in the past making the summer compare tougher.
    • On tap in 2015: Blockbuster releases next year include Star Wars: Episode VII (Lucasfilm), Avengers: Age of Ultron (Marvel), Fifty Shades of Grey (Universal), The Hunger Games: Mockingjay Part 2 (Lionsgate), The Good Dinosaur (Walt Disney Pictures), Bond 24 (Columbia).
    • Related stocks: CKEC, CNK, RGC, MCS, RDI, AMC, LGF, SNE, CMCSA, DIS, VIA, VIAB, IMAX.
    | Aug. 28, 2014, 8:59 AM | 7 Comments
  • Aug. 26, 2014, 7:51 AM
    • Comcast (NASDAQ:CMCSA) says it sees the acquisition of Time Warner Cable being completed early in 2015.
    • The timetable for the merger completion has been pushed out from early projections for a 2014 closing.
    | Aug. 26, 2014, 7:51 AM
  • Aug. 25, 2014, 7:24 AM
    • Guardians of the Galaxy took over the top spot on the domestic box office list again with a $38.3M weekend globally to push its cume to $489M.
    • The Marvel (NYSE:DIS) movie is on track to become the top-grossing movie of the year.
    • Lucy opened well in several international markets to help the Universal (NASDAQ:CMCSA) film push over the $100M mark for its first 30 days on a production budget estimated at $40M.
    • The top 12 films earned $105.4M in the U.S., up 17% from last year's corresponding level.
    | Aug. 25, 2014, 7:24 AM
  • Aug. 22, 2014, 3:14 PM
    • The FCC has asked Comcast (CMCSA -0.3%) for a variety of information in relation to the company's proposed takeover of Time Warner Cable (TWC -0.2%), including some that delve into the company's Internet and content delivery policies.
    • One key question posed to Comcast by the agency is whether or not it slows down the delivery of programming from rivals.
    | Aug. 22, 2014, 3:14 PM | 2 Comments
  • Aug. 21, 2014, 1:44 PM
    • Comcast (CMCSA -0.4%) executive VP David Cohen banged the table at an industry conference this week over the issue of regulators considering classifying broadband as a telecommunications service under Title II.
    • "That would be bad for our industry, bad for the Internet ecosystem, and bad for our country," extolled Cohen.
    • He also dusted off the Blockbuster case in which the FCC blocked the company's acquisition bid for Hollywood Video only to see its "dominant" business eventually fail.
    | Aug. 21, 2014, 1:44 PM | 2 Comments
  • Aug. 21, 2014, 11:43 AM
    | Aug. 21, 2014, 11:43 AM | 19 Comments
  • Aug. 20, 2014, 11:09 AM
    • California Governor Jerry Brown has yet to weigh in on if he will sign a $1.6B incentive plan to keep movie and TV production in California.
    • The four-year initiative has passed legislative obstacles as state lawmakers look to compete with packages being offered Hollywood studios (LGF, SNE, VIA, CMCSA, DIS) by New York and Louisiana.
    • Brown is expected to try to clip the total down from $1.6B.
    | Aug. 20, 2014, 11:09 AM | 14 Comments
  • Aug. 19, 2014, 2:50 AM
    • The National Association of Broadcasters has filed a lawsuit against the FCC's plans to auction off airwaves stating that the plan will incur expense and harm coverage of TV stations.
    • The auction is set to take place next year, and will allow TV stations to take bids and sell their airwaves to meet the surging demand of mobile broadband.
    • The new lawsuit challenges the regulations stating that it doesn't fully protect broadcasters that don't participate in the auction.
    • Broadcasters say that they should not be forced into having their coverage area reduced or to pay out of pocket for the expense of moving their broadcast signal to a new frequency.
    • Relevant tickers: CMCSA, TWC, ALLT, LVLT, CCOI, FTR, WIN, CTL, CHTR, CVC, DISH
    | Aug. 19, 2014, 2:50 AM
  • Aug. 18, 2014, 11:44 AM
    • The top 12 films in the U.S. took in $128.8M over the weekend to mark a 6% improvement over last year's corresponding haul.
    • U.S. box office sales for August are on track to set a record for the month.
    • The development gives some support to the argument that the weak box office in June and July was tied to a weak slate - not fundamental demand shifts.
    • Teenage Mutant Ninja Turtles (VIA, VIAB) and Guardian of the Galaxy (NYSE:DIS) took in $28.4M and $24.7M, respectively, to dominate the weekend - while Expendables 3 (NYSE:LGF) limped in with a disappointing $16.3M opening.
    • Related stocks: RGC, AMC, CNK, IMAX, RLD, SNE, CMCSA, TWX, MCS, RDI, CKEC, FOXA, DWA.
    | Aug. 18, 2014, 11:44 AM | 2 Comments
  • Aug. 14, 2014, 11:15 AM
    • Comcast (CMCSA +0.1%) gave subscribers a rare crack at binge viewing during a trial run with FX Networks' The Bridge.
    • True to form, the company didn't disclose any viewing data on the experiment.
    • What to watch: Pay-TV operators are dabbling with different ways to keep subscribers from watching shows on their DVRs. In their version of streaming, they typically offer new shows for download after the current show available to all viewers finishes airing.
    | Aug. 14, 2014, 11:15 AM
  • Aug. 13, 2014, 12:46 PM
    • Nielsen ratings for cable TV viewing fell 6.8% in July, while broadcast viewership was off 3.7% for the period.
    • The development comes on top of a weak upfront for the fall season which could pressure media companies in 2H, and widespread interest in the World Cup which aired on ABC and ESPN during the month.
    • Broadcast viewership Y/Y gains/losses: ABC +3%, Fox -12%, CBS -6%, NBC -2%.
    • Cable viewership Y/Y gains/losses by parent: AMCX -15%, FOXA +12%, SNI +2%, DIS +1%, DISCA -9%, VIAB -9%, NBCU (NASDAQ:CMCSA) -11%, TWX -17% A&E -20%.
    | Aug. 13, 2014, 12:46 PM | 5 Comments
  • Aug. 13, 2014, 12:03 PM
    • NBC Universal content will be made available on mobile devices via TV Everywhere for Time Warner Cable subscribers under the terms of a new deal between the companies.
    • Programming from NBC Sports, USA Network, Syfy, CNBC, and MSNBC will be included as part of the arrangement.
    • NBC Universal parent Comcast (CMCSA +0.7%) and Time Warner Cable (TWC +0.8%) announced a merger agreement in February.
    | Aug. 13, 2014, 12:03 PM | 1 Comment
  • Aug. 12, 2014, 1:40 PM
    • 98% of millennials without a pay-TV subscription tell nScreenMedia that they have no interest in getting one in the future.
    • The result of the survey flies in the face of the contention by some cable execs that millennials will jump into pay-TV packages when their earnings power increases.
    • Currently, 19% of millennials don't have a pay-TV subscription.
    • Media analysts thinks the best play by pay-TV operators to reel cord-cutters and cord-nevers back in would be to jump to 4K movie services via smart TVs. Set-top boxes which could handle the 4K format could roll out as soon as 2015.
    • Related stocks: DTV, DISH, CVC, CHTR, CMCSA, TWC.
    • nScreenMedia White Paper (sub required)
    | Aug. 12, 2014, 1:40 PM | 13 Comments
  • Aug. 12, 2014, 11:39 AM
    • Upfront TV advertising volume fell 6.1% to $18.125B this year, according to Adweek.
    • The mark is inclusive of a 4.7% decline in cable upfront dollars.
    • Procter & Gamble and General Motors were two notable consumer product giants that took a cautious approach during the upfront period this year.
    • Though increased spending on digital advertising is responsible for part of the slower growth, industry insiders think a shift toward "real-time" advertising decision-making is also a factor
    • Related stocks: DIS, CMCSA, CBS, FOXA, TWX, AMCX, VIA.
    | Aug. 12, 2014, 11:39 AM
  • Aug. 10, 2014, 9:37 PM
    • The solid trend continues for the film industry as weekend revenue for the top 12 movies rose 22% compared to the year-ago period to $173.6M. The month is tracking for a +$900M total, and could even topple $1B which would be the first time the level has ever been achieved in August.
    • Guardians of the Galaxy passed the $300M mark as the Marvel (NYSE:DIS) movie opened in dozens of countries over the weekend. The box office cume will go even higher after the film debuts in China and Japan.
    • Paramount Pictures (VIA, VIAB) had a stellar weekend after Teenage Mutant Ninja Turtles hauled in $63.5M during its run at 3,845 U.S. location and $93.7M globally. Twenty-somethings came out in force due to the nostalgia factor, according to exit surveys. The studio has already announced that it will back a sequel for 2016.
    • Related stocks: RGC, AMC, CNK, IMAX, RLD, SNE, LGF,CMCSA, TWX, MCS, RDI, CKEC.
    | Aug. 10, 2014, 9:37 PM
Company Description
Comcast Corp. is a media, entertainment and communications company. The company provides video, high-speed Internet and phone services to residential and business customers in the United States. The company operates its business through five reportable segments: Cable Communications, Cable... More
Sector: Services
Industry: CATV Systems
Country: United States