Seeking Alpha

Comcast Corporation (CMCSA)

  • Jul. 21, 2011, 1:48 PM
    New York Times (NYT +2.8%) is showing peers a paywall can pay off even as newspaper circulation dwindles, amassing 224,000 digital-only subscribers since charging digital readers for access in March (earnings). Newspaper stocks rally: GCI +3.6%, MEG +10.9%, MNI +5.1%. Diversified media: DIS +3.5%, NWS +3.2%, CMCSA +2.6%, CBS +1.7%.
    | Jul. 21, 2011, 1:48 PM | 1 Comment
  • Jul. 12, 2011, 5:06 PM
    A survey from the Consumer Electronics Association estimates as many as 10% of households could cancel their pay TV services over the next 12 months, as online video gains steam. Credit Suisse believes such a decline could reduce the EBITDA of cable networks such as Comcast (CMCSA) and Time Warner Cable (TWC) by 20-25%.
    | Jul. 12, 2011, 5:06 PM | Comment!
  • Jul. 11, 2011, 10:15 AM
    Brean Murray initiates Comcast (CMCSA -0.7%) as a Buy, noting the firm's strong service profile and lows levels of penetration provide an opportunity to outperform. Other industry calls by Brean: DirecTV (DTV -0.9%) and Dish Network (DISH -0.5%)  Buys, Time Warner Cable [[(TWC) -1.2%) and Cablevision (CVC -2.1%) Holds.
    | Jul. 11, 2011, 10:15 AM | Comment!
  • Jul. 6, 2011, 5:08 PM
    Christine Varney, top antitrust official at the Justice Department, will step down later this year to join a prominent New York M&A law firm, WSJ reports. During her tenure at DOJ, Varney allowed the Live Nation (LYV) and Comcast (CMCSA) deals to go through with asset sales, but prevented a proposed joint bid by Nasdaq (NDAQ) and ICE for NYSE Euronext (NYX).
    | Jul. 6, 2011, 5:08 PM | 1 Comment
  • Jul. 5, 2011, 2:38 PM
    Baby Boomers nearing retirement shouldn't get too conservative, as rising life expectancies plus escalating healthcare costs force a rethinking of the conventional wisdom of cashing in stocks for bonds. Mark McLaughlin's a list of 14 "stocks with staying power" as core holdings: VZ, JPM, NVS, BA, ABT, RTN, FCX, PBR, CAT, CMCSA, TJX, EPB, BWP, BDN.
    | Jul. 5, 2011, 2:38 PM | 1 Comment
  • Jul. 5, 2011, 11:36 AM
    ESPN (DIS) grabs live TV rights to Wimbledon from NBC (CMCSA), which had held broadcast rights to the tennis championships for 43 years. Terms were undisclosed, but ESPN might look forward to any source of ad revenue if the NBA lockout knocks out over $1B in sales.
    | Jul. 5, 2011, 11:36 AM | 1 Comment
  • Jun. 24, 2011, 2:35 PM
    Goldman Sachs adds Comcast (CMCSA -0.6%) to its Conviction Buy List, eyeing higher shareholder returns from dramatically rising dividend payouts and share buybacks by 2012. Comcast likely will be the only broadband vendor, including AT&T (T) and Verizon (VZ), to increase the number of broadband subscribers, Goldman predicts.
    | Jun. 24, 2011, 2:35 PM | Comment!
  • Jun. 24, 2011, 1:25 PM
    DISH and Echostar (SATS) have been on a buying spree this year without divulging much detail about their plans. Dish CEO Joseph Clayton obtusely says the firm's focusing on a broad industry that includes video, data, broadband, Internet and voice telephony - which sounds a lot like Comcast's Xfinity and ATT's U-verse plaforms.
    | Jun. 24, 2011, 1:25 PM | Comment!
  • Jun. 22, 2011, 7:00 AM
    Yahoo (YHOO) may or may not be interested in buying Hulu (NWS, DIS, CMCSA). Either way, sources say the video site is thinking about putting itself up for sale after getting an unsolicited takeover offer of undisclosed size.
    | Jun. 22, 2011, 7:00 AM | Comment!
  • Jun. 16, 2011, 1:35 PM
    Wireless spectrum in the U.S. is so limited - and Americans' appetite for bulky media like video so voracious - that wireless broadband won't be truly able to handle it "for a long time to come," says Motorola Mobility's (MMI +2.3%) Sanjay Jha. Peak speeds of 4G networks rival wireline, but the standard broadband provided to homes by cable companies should continue to dominate.
    | Jun. 16, 2011, 1:35 PM | Comment!
  • Jun. 15, 2011, 1:15 PM
    TV execs have taken heart that the boom in Web video hasn't cut into TV numbers (and advertising), but that may be starting to change - after all, you can only look at so many screens at once. New Nielsen numbers are showing that online watching is coming out of TV time (which is still a lot, at 40 hours per week).
    | Jun. 15, 2011, 1:15 PM | 3 Comments
  • Jun. 10, 2011, 7:43 AM
    TV networks book $8.7B in ad commitments for the September season, an 8.1% rise from a year earlier. CBS (CBS) booked $2.65B in pledges, with its price increases of 13%-15% the highest, while NBC (CMCSA), ABC (DIS) and Fox (NWS) raised fees by 9%-11%, sources say.
    | Jun. 10, 2011, 7:43 AM | Comment!
  • Jun. 9, 2011, 4:54 PM
    Comcast (CMCSA +0.8%) is in talks to sell a controlling interest in its G4 cable channel to the Ultimate Fighting Championship. Analysts think the low-rated channel could fetch as much as $600M in a sale. But its bet that the $4.38B deal for TV rights to the next four Olympics will be profitable is met with much more skepticism.
    | Jun. 9, 2011, 4:54 PM | Comment!
  • Jun. 7, 2011, 1:15 PM
    NBC (CMCSA +1.5%) has reportedly retained rights to broadcast the Olympic Games in a four-games deal through 2020 worth more than $4B. NBC's had every summer games since 1988, and the winter games since 2002.
    | Jun. 7, 2011, 1:15 PM | 1 Comment
  • Jun. 1, 2011, 8:49 AM
    Hulu (NWS, CMCSA, DIS) reaches a multi-year deal to provide hundreds of Miramax films to select subscribers. Financial terms weren't disclosed. (Miramax's deal with Netflix; NFLX -0.8%)
    | Jun. 1, 2011, 8:49 AM | Comment!
  • May 26, 2011, 9:39 AM
    Comcast (CMCSA +0.5%) will soon begin testing a new way to deliver its television channels: via internet protocol. The move could eventually enable the cable provider to deliver video service to any customer with an internet connection, regardless of whether they live in an area covered by Comcast's cable system.
    | May 26, 2011, 9:39 AM | 7 Comments
Company Description
Comcast Corp is a media and technology company. The Company's business segments are: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks.
Sector: Services
Industry: CATV Systems
Country: United States