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Comcast Corporation (CMCSA)

- NASDAQ
  • Nov. 26, 2014, 8:58 AM
    • CBS and Dish Network (NASDAQ:DISH) have extended a programming agreement for another week, keeping the network on the air for Dish’s 14M satellite TV subscribers while the parties negotiate.
    • Dish is juggling more than just the CBS talks, after last week restoring channels from Time Warner's (NYSE:TWX) Turner Broadcasting to its service while seeking a longer-term deal; Dish also has a contract deadline looming next week with Comcast’s (CMCSA, CMCSK) SportsNet regional sports network.
    • Negotiations have become more complicated as discussions go beyond price to include streaming rights to computers and mobile devices, DirecTV CEO Mike White says.
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  • Nov. 25, 2014, 2:46 PM
    • "Not surprisingly, billionaires reduced their energy allocations (NYSEARCA:XLE) during Q3," says Direxion, unveiling the quarterly rebalance for the iBillionaire Index (which serves as the benchmark for the IBLN ETF). Attention was instead shifted to healthcare (NYSEARCA:XLV) and materials (NYSEARCA:XLB), with companies like Humana (NYSE:HUM) and Monsanto (NYSE:MON).
    • Also added to the index: TMO, GM, FB, CBS, GOOG, MAS, APD, DAL, NOV, WHR, THC, ABBV.
    • Dropped from the index: AIG, MCK, CTSH, MSI, RIG, CI, APC, GPS, MSFT, CMCSA, NFLX, MHFI, WMB, ICE.
    • Outlying sectors: Consumer Discretionary (NYSEARCA:XLY) makes up 23.33% of the iBillionaire Index vs. 11.68% for the S&P 500, and Industrials (NYSEARCA:XLI) and financials (NYSEARCA:XLF) make up just 6.67% each of the index vs. 10.44 and 16.30 of the S&P 500, respectively. Consumer Staples (NYSEARCA:XLP) have zero representation in the index vs. 9.7% in the S&P 500.
    • Previously: Direxion launched an ETF with iBillionaire today
    | 14 Comments
  • Nov. 25, 2014, 8:09 AM
    • Comcast (NASDAQ:CMCSA) is added to the U.S. 1 List of best investment ideas at Bank of America.
    • The investment firm thinks the closing of the Time Warner and Charter deals in the first half of 2015 sets up Comcast to start realizing deal synergies.
    • Substantial buybacks could be on tap at Comcast as well, say analysts.
    | 1 Comment
  • Nov. 21, 2014, 9:39 AM
    • Theme park operators see the need to dramatically increase the use of videogame experiences at their parks in order to entice teenagers away from their Xbox and PlayStation environments.
    • The concept of "immersion" will be added to many rides with 3-D backdrops, animatronics, and more chances to blast zombies.
    • Related stocks: SIX, FUN, SEAS, DIS, CMCSA, PLAY.
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  • Nov. 21, 2014, 7:41 AM
    • Aereo announces it filed for Chapter 11 bankruptcy.
    • The cloud-based broadcasting upstart won some significant legal and regulatory battles, but lost the major war with broadcasting giants (FOXA, CBS, CMCSA, DIS) in front of the Supreme Court.
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  • Nov. 18, 2014, 9:41 PM
    • Nielsen (NYSE:NLSN) will begin tracking TV viewership on online subscription services in December, sources tell the WSJ.
    • The technology used by Nielsen to derive the ratings measurements won't require any cooperation from streamers such as Netflix (NASDAQ:NFLX) or Amazon Prime (NASDAQ:AMZN).
    • The development could help content owners compute the impact of licensing their programming and prevent them from having to negotiate in the dark.
    • Related stocks: TWX, AMCX, CBS, CMCSA, DIS, FOXA, SNE, LGF, VIA, VIAB, RENT.
    | 10 Comments
  • Nov. 17, 2014, 8:14 AM
    • Universal Studios (NASDAQ:CMCSA) opened up a new office in Beijing today as part of its deepening commitment to the region.
    • UPI China will also seek to grow the company's local TV presence, content partnerships, and consumer products business in the region.
    • A large Universal theme park in Beijing is also in the works.
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  • Nov. 16, 2014, 7:57 PM
    • Interstellar had a strong second weekend at the box office, taking in $29.2M in the U.S. and $135.2M globally as positive word of mouth kept interest high.
    • The Paramount (VIA, VIAB) film played in 64 territories.
    • Universal's (NASDAQ:CMCSA) Dumb and Dumber To was the top film in the U.S. over the weekend with a $38.1M haul, despite the uncommon 20-year lag between the original and sequel.
    • Though Big Hero 6 had another solid weekend in the U.S. with $36M, the bigger news for Disney (NYSE:DIS) is that its movie business passed $4B in annual global box office receipts for only the second time in history.
    • The top 12 films in the U.S. earned an estimated $135M, up 13% from the corresponding week from a year ago.
    • Movie exhibitor stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX.
    | 3 Comments
  • Nov. 14, 2014, 1:41 PM
    • Pay-TV operators lost about 149K subscribers in Q3 to represent the industry's worst performance ever for the period, according to data compiled by Leichtman Research Group.
    • The mark is slightly better than the 179K subs loss that Moffett Nathanson forecast.
    • Based on seasonal trends, Leitchman forecasts a small increase in subscriber growth for Q4.
    • Cable/satellite/telco Q3 sub scorecard: Comcast (NASDAQ:CMCSA) -81K, Time Warner (NYSE:TWX) -182K, Charter Communications (NASDAQ:CHTR) -24K, Cablevision (NYSE:CVC) -56K, Suddenlink +2.2K, Mediacom -19K, Cable ONE -14.1K, DirecTV (NASDAQ:DTV) -28K, Dish Network (NASDAQ:DISH) -12K, AT&T +216K, Verizon (NYSE:VZ) +114K, Others/Private -65K.
    • Based on seasonal trends, Leitchman forecasts a small increase in subscriber growth for Q4.
    • Related: Seismic changes coming for pay TV
    | 3 Comments
  • Nov. 13, 2014, 8:46 PM
    • Sony's (NYSE:SNE) new online TV package will price at $60 to $70 per month, estimates Re/code.
    • It's a level that is twice what Dish Network (NASDAQ:DISH) plans to charge for a slimmer package, although one that includes ESPN.
    • Programming on the Sony streaming service will feature shows from CBS, Discovery Communications, Fox, NBC, Scripps Networks, and Viacom.
    • The pitch from the Japanese media giant is that cord-cutters will be drawn in by the captivating way of accessing the content through gaming consoles. A cutting-edge discovery and recommendations service for users is also highlighted by execs.
    • Regulatory watch: Potential rule changes from the FCC could level the playing field for the new streamers as they work out their content deals.
    • What to watch: A fragmented pay-TV landscape could benefit content producers (DISCA, CBS, FOXA, DIS, LGF, TWX, AMCX) in the short-term as competition heats up, while creating a pricing headache for cable/satellite/telco players (CMCSA, CVC, CHTR, DISH, T, DTV, VZ, TWC).
    • The Netflix factor: Many media analysts consider Netflix (NASDAQ:NFLX) an add-on for consumers - instead of an either/or decision with online TV.
    | 32 Comments
  • Nov. 13, 2014, 3:12 AM
    • Comcast (NASDAQ:CMCSA) is pushing "full steam ahead" with its acquisition of Time Warner Cable (NYSE:TWC), despite the regulatory review process and looming regulation governing net neutrality.
    • Comcast expected the deal to be completed “sometime in the first quarter and we still believe that today,” says CEO Brian Roberts.
    • Roberts reiterated that Comcast opposes the proposals to classify broadband providers as utilities, which would endanger the company's plans to spend tens of billions of dollars to upgrade its networks.
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  • Nov. 12, 2014, 8:01 AM
    • Maxim Group downgrades Comcast (NASDAQ:CMCSA) to a Hold rating from Buy.
    • Analyst John Tinker had a $62 price target on the media giant in January before resetting expectations based on some pay-TV weakness.
    • CMCSA -1.6% premarket.
    | 1 Comment
  • Nov. 11, 2014, 9:39 AM
    • NBC (NASDAQ:CMCSA) executive Seth Winter says close to 90% of the advertising space for the Super Bowl is sold out.
    • The ad sales have been closely watched with early reports indicating that NBC trailed the pace set last year by Fox after setting an initial 30-second spot rate of $4.5M versus the estimated $4.0M Fox took in.
    • The reaction of Madison Avenue to the rash of player scandals in the NFL this season has also been a consideration.
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  • Nov. 11, 2014, 7:24 AM
    • The FCC votes to uphold a previous ruling by its Media Bureau covering the access by third parties to pay-TV contracts.
    • In-person access to the information will open up on November 17 unless programmers win a new court order.
    • FCC statement (.pdf)
    • Related stocks: DIS, CBS, AMCX, TWX, VIAB, SNI, FOXA, CMCSA, CRWN.
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  • Oct. 31, 2014, 2:55 AM
    • In response to Senator Patrick Leahy's letter last week urging top ISPs to not enter "paid prioritization" deals, Comcast (NASDAQ:CMCSA) and AT&T (NYSE:T) say they have no plans to create the Internet "fast lanes" which would hurt consumers' freedom to roam the Web.
    • Verizon (NYSE:VZ) published its response to Leahy on Wednesday, also asserting that it has no plans for "fast lanes".
    • The pledges come after the FCC proposed its "net neutrality" rules that prohibit ISPs from blocking content, but suggests allowing some "commercially reasonable" paid prioritization deals.
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  • Oct. 29, 2014, 1:22 PM
    • A bid by Aereo to be defined as a cable provider gained support from the FCC with a new proposal out this week which was described in a blog post written by Chairman Tom Wheeler.
    • The agency supports "open access" for consumers to high-speed broadband delivery and the right of over-the-top firms to offer programming owned by pay-TV providers and broadcasters.
    • In essence, the FCC thinks the bundled pay-TV model should be broken so that consumers will not be forced to pay for channels they never watch.
    • What to watch: Though Aero isn't likely to be the ultimate pay-TV disrupter without the deep pockets to license content, the position of the FCC opens the door for other Internet video players to emerge and chips away at the bundled channels model.
    • Related stocks: DISH, DTV, CMCSA, CHTR, CVC, TWC, VZ, T, NFLX.
    | 9 Comments
CMCSA vs. ETF Alternatives
Company Description
Comcast Corp is a global 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