Comcast Corporation (CMCSA) - NASDAQ
  • May 21, 2012, 11:36 AM

    Comcast's (CMCSA +0.2%) Universal Studios ups the ante in its bid to take more market share from Disney's (DIS +0.2%) array of amusement parks with new attractions linked to the highly-popular Harry Potter series of books and movies - as well as debuting rides based on Transformers and Spider-Man. Though Disney says a rising tide lifts all boats in the Orlando market, privately execs fret over the gains Universal has made.

    | May 21, 2012, 11:36 AM
  • May 21, 2012, 8:40 AM
    Cable giants Bright House Networks, Cablevision (CVC), Cox Communications, Comcast (CMCSA), and Time Warner Cable (TWC) announce that they will allow high-speed Internet customers to share each other's Wi-Fi networks in metropolitan areas as a value-added service. The 50K hotspots under the new CableWiFi banner will attempt to carve out market share from wireless carriers.
    | May 21, 2012, 8:40 AM
  • May 21, 2012, 6:56 AM

    Analysts warn that a disappointing opening weekend from Universal Picture's Battleship may dent the profits at parent Comcast (CMCSA). The film only brought in $23.4M in ticket sales, well-below the $55.1M Disney's (DIS) The Avengers raked in for its third weekend on screens and a far cry from its projected opening weekend break-even mark of +$50M in sales.

    | May 21, 2012, 6:56 AM
  • May 18, 2012, 7:06 AM

    Comcast's (CMCSA) Universal debuts the next movie that will attempt to knock Disney's The Avengers off its high perch this weekend when Battleship hits the screens. Though analysts project the sci-fi film will rake in a healthy $35M-$40M, they see it falling short of The Avengers which is still "tracking out the window." (Also: Game maker Hasbro (HAS) watches with interest)

    | May 18, 2012, 7:06 AM
  • May 17, 2012, 2:51 PM
    Comcast (CMCSA -0.9%) announces via its corporate blog that it plans to increase its monthly data cap to 300GB from 250GB and crack down on customers who abuse the new limit. Data hogs will get charged about $10 for every 50GB over the limit they go.
    | May 17, 2012, 2:51 PM | 1 Comment
  • May 17, 2012, 2:29 PM

    With a palpable air of confidence, CBS (CBS +0.1%) only plans to add 4 new shows to its schedule next year as it aims to continue its impressive run of beating the ratings of rivals DIS, CMCSA, and NWSA nine out of the last 10 years. The Hollywood Reporter's take on the mojo at the network: "It doesn't matter what CBS does next season -- buzz or not. It's still going to crush the competition. Like a machine that can't be stopped."

    | May 17, 2012, 2:29 PM
  • May 16, 2012, 8:55 AM
    A Hispanic population in the U.S. that has passed the 50M mark has caught the attention of advertisers at the annual industry conference to line up TV ads for next season's shows. One of the biggest players is Disney (DIS) with its ESPN Deportes Spanish-language sports network already drawing solid ratings, while execs at CBS, NWSA, CMCSA, DEO, and DISCA are also pitching shows aimed at drawing in Hispanic viewers.
    | May 16, 2012, 8:55 AM | 1 Comment
  • May 16, 2012, 7:05 AM

    Broadcasting and cable companies sift through the numbers after pitching their 2012-2013 schedules to advertising execs. CBS appears to be the leader in ad commitments with $2.78B set, while Disney's (DIS) ABC will land $2.35B and Comcast's (CMCSA) NBC is in line for $1.66B. News Corp's (NWSA,NWS) Fox - which is planning a big Saturday night sports programming block next year - has $2.03B in ads slated for next season.

    | May 16, 2012, 7:05 AM
  • May 14, 2012, 12:43 PM

    NBC Broadcasting (CMCSA -1.1%) Chairman Ted Harbert is hopping mad about a new feature from Dish Network (DISH -0.5%) that allows TV subscribers to skip commercials for prime time shows on the four major broadcasting networks. While declining to say if the action would spur legal action from Comcast, the exec did call it "an attack on our eco-system."

    | May 14, 2012, 12:43 PM | 4 Comments
  • May 14, 2012, 7:59 AM

    Comcast's (CMCSA) NBC aims to ride a full slate of sitcom comedies to help lift the network out of its fourth place position in the prime time slot. Top NBC entertainment exec says the company will launch "attention-getting, big, bold and broad concepts" in an attempt to cut into CBS' dominance in comedy programming.

    | May 14, 2012, 7:59 AM
  • May 8, 2012, 2:02 PM

    Though Nielsen recently argued cord-cutting is for real, using 2011 subscriber losses as proof, Bernstein's Craig Moffett points to Q1 data as evidence the phenomenon is no big deal. Major U.S. pay-TV providers added 422K subs in Q1, Moffett notes, as gains of 375K and 185K for telco and satellite providers, respectively, more than offset a 137K drop in cable subs. Also, cable's decline was smaller than Q4's 316K.

    | May 8, 2012, 2:02 PM
  • May 7, 2012, 3:27 PM
    Comcast (CMCSA +1%) says NBCUniversal is exercising an option to sell most of its 15.8% stake in the A&E cable channel to the other partners in the joint venture, Walt Disney and Hearst. The deal would likely close in the second half of the year and could be worth an estimated $2B.
    | May 7, 2012, 3:27 PM
  • May 4, 2012, 6:55 PM
    Cord-cutting is a real phenomenon, says Nielsen, even if the figures aren't huge. The number of U.S. homes subscribing to a pay-TV service fell by an estimated 1.5M in 2011, as subscriber gains of 1.1M and 280K from telco and satellite providers, respectively, failed to offset the loss of 2.9M cable subs. Nielsen also claims the amount of time U.S. consumers spent on game consoles rose 30% Y/Y in spite of mobile/social competition - Xbox (MSFT) media usage is likely playing a big role.
    | May 4, 2012, 6:55 PM | 3 Comments
  • May 4, 2012, 9:28 AM

    Cablevision (CVC) will join Comcast (CMCSA - previous) in offering a Netflix-like (NFLX) streaming service for its cable/broadband customers, predicts BTIG's Richard Greenfield. As evidence, he points to remarks made during Cablevision's earnings call about new software investments. Greenfield thinks Cablevision is worried about the Verizon/Coinstar JV, which is expected to have a beta launch this summer.

    | May 4, 2012, 9:28 AM | 2 Comments
  • May 2, 2012, 12:54 PM

    Comcast (CMCSA -1.1%) execs tip off in an earnings CC that revenue at its typically-lagging NBCUniversal business grew at a healthy 17% clip on top of the $259M it booked from Super Bowl advertising. Prime time rating hits The Voice and Smash helped improve results, while theme parks and films also trended higher.

    | May 2, 2012, 12:54 PM
  • May 2, 2012, 9:00 AM

    Premarket gainers: SMSC +38%. CHRS +24%. PLX +22%. TRIP +16%. ASNA +13%. PCO +13%. ESIC +13%. AEO +9%. DCIX +8%. WCG +9%. OCZ +8%. HLF +6%. GNW +4%. REXX +3%. CBS +3%. UBS +3%.
    Losers: OPEN -15%. CHK -10%. STD -7%. VE -5%. TEF -5%. CS -5%. NOK -4%. TS -4%. DB -4%. NBG -4%. CMCSA -4%. FTE -3%. ERIC -3%. SI -3%.

    | May 2, 2012, 9:00 AM
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