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Comcast Corporation (CMCSA)

  • Jun. 21, 2013, 10:42 AM
    Cord-cutting is one headache for the cable/satellite industry (TWC, CHTR, CMCSA, CVC, DTV, DISH) but it's the emerging cord-nevers which might end up being the full-blown migraine. The results from a focus group study by Bernstein Research found consumers in their twenties are leaning toward streaming options (Amazon, Hulu, Netflix, HBO Go, YouTube) while more than a few admit to viewing content through "shared" subscriptions. As the Twentysomethings grow up and earn a litte more cash will their frugal viewing habits change?
  • Jun. 20, 2013, 11:04 AM
    Google (GOOG), Microsoft (MSFT), Facebook (FB), and other Web giants are paying U.S. ISPs to directly connect to their networks (and thus gain faster/more reliable access), the WSJ reports. Netflix (NFLX), whose bandwidth-hogging ways have triggered disputes with ISPs, hasn't joined in, reportedly out of fear of setting a precedent. The payments, which aren't illegal under net neutrality rules (since last mile networks aren't involved), have been small thus far - Comcast (CMCSA) says it gets $25M-$30M/year, Time Warner Cable (TWC) "tens of millions." But smaller Internet companies are worried they create an uneven playing field.
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  • Jun. 19, 2013, 2:26 PM
    WatchESPN (DIS) and HBO Go (TWX) have been added to the Apple TV for paying subscribers in a move that will significantly increase the reach of the streaming services. The development also represents another small leak for the cable/satellite industry (CHTR, TWC, CMCSA, DTV, DISH) as it tries to keep its content dike in place.
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  • Jun. 17, 2013, 2:39 PM
    Out with the old. The Netflix-DreamWorks Animation deal signals an important change in the way content is distributed, according to industry watchers The most important part of the deal is that it focus on exclusive fresh content for Netflix (NFLX +6.8%) from DreamWorks (DWA +4%) - instead of just filling up a library with older titles. The big picture: A bidding war for new films from Hollywood studios (LGF, SNE, VIA, CMCSA, DIS) could help the industry maximize profits. George Lucas and Steven Spielberg called it (I, II) last week when they predicted giant upheaval for the film industry.
  • Jun. 17, 2013, 9:21 AM
    Comcast (CMCSA) is upgraded by Raymond James to a Strong Buy rating. A price target of $46 from the investment firm implies 16% upside potential. CMCSA +2% premarket.
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  • Jun. 14, 2013, 1:49 PM
    Pres. Obama gives his support to a plan to allow large chunks of government-owned spectrum good for mobile (1700 and 1800 MHz. bands) and Wi-Fi (5 GHz. bands) use to be shared by federal agencies and U.S. carriers. The feds would get priority, but carriers could use the spectrum at other times. The NTIA has been given 6 months to come up with tests to guarantee feasibility. Comcast (CMCSA), which is hungry for more Wi-Fi spectrum, is applauding the move, but mobile carriers (VZ, T, S) haven't been crazy about the idea, arguing the logistics will be tough. Could they also be worried about the spectrum enabling competition? (fact sheet - .pdf)
  • Jun. 14, 2013, 12:27 PM
    Comcast's (CMCSA -0.4%) NBCUniversal launches a new version of its video on demand service in the U.K. and Ireland. The library of titles has been expanded and more devices can be used for the service which hopes to compete with local streaming options from Netflix and Amazon.
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  • Jun. 14, 2013, 7:47 AM
    NBC Entertainment (CMCSA) president Jennifer Salke says management at the network has two years to turn around its primetime schedule to pull itself out of its ratings morass. New shows on the network will be promoted on The Voice but will then need to stand on their own, notes the exec.
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  • Jun. 14, 2013, 4:47 AM
    Intel (INTC) is reportedly encountering difficulty in signing up programming deals for its upcoming online TV service, with major media companies such as Disney (DIS), Time Warner (TWX), Viacom (VIA), News Corp (NWS) and Comcast (CMCSA) yet to sign on. Pressure from cable TV providers such as Time Warner (TWC) is one reason, as is a fear of damaging the current lucrative ecosystem that the content and service providers enjoy.
  • Jun. 13, 2013, 3:39 PM
    The glass half full: George Lucas and Steven Spielberg weren't sounding the death knell for the movie industry when they warned of an implosion but a paradigm shift away from multiplex theaters (CKEC, CNK, IMAX, RGC). When the day comes when mega-budget films from top studios (CMCSA, DIS, TWX, LGF, SNE, DWA) bomb at the box office, look for new mediums at home to emerge as first-run options. "There has never been more exciting potential," notes Spielberg. (video)
  • Jun. 13, 2013, 12:02 PM
    A deal which will see DirecTV (DTV +0.1%) purchase Hulu (CMCSA, DIS, NWS) by the end of the month is imminent, sources tell PandoDaily. The acquisition would fill a large void in DirecTV's offerings which would be difficult to build from ground up and also allow it to play some defense against Hulu falling into a rival's hands.
  • Jun. 13, 2013, 6:00 AM
    Time Warner Cable (TWC) is reportedly one of the most aggressive of the incumbent TV broadcasters that are trying to strangle the emergence of Internet competitors at birth. The broadcasters are trying to prevent media companies from selling their content to the likes of Intel (INTC) and others, including through the use of financial incentives and penalties, and contract clauses that forbid the sale of channels to Internet distributors.
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  • Jun. 12, 2013, 1:47 PM
    Executives with cable companies (CHTR, CMCSA, TWC, DISH, DTV) made it crystal clear during yesterday's National Cable & Telecommunications Association meeting that they will go to great lengths to protect original content. The group says it has contracts in place which will provide incentives for media outlets to limit content for online pay-TV services. What to watch: A report from BTIG makes the case the FTC needs to investigate the anti-competitive practice. If the agency does get involved, it could open up the web TV industry for the likes of Apple, Intel, and Google.
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  • Jun. 11, 2013, 12:09 PM
    More from Comcast's (CMCSA -0.4%) presentation at the NCTA convention (previous): The company unveiled a new X2 platform which allow a new set-top box to save shows online. CEO Brian Roberts spent a lot of time showing off a new channel guide that resembles an Internet browser. (webcast)
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  • Jun. 11, 2013, 10:56 AM
    Heard during Comcast's (CMCSA -1.1%) presentation at the NCTA convention: 1) The future of TV will be more "interactive" with anything you want on any device, according to CEO Brian Roberts. 2) On binge viewing, Roberts says the concept helps brings targeted advertising to video on demand. 3) Can cable companies keep up with broadband services like Google Fiber? The exec runs a Xfinity speed test on the spot to show that a focus on speed plays to the company's strength. He promises new innovation shortly. 4) Due to the emergence of the cloud, Roberts promises TV will change more in the next five years than it did in the last fifty years. (webcast)
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  • Jun. 10, 2013, 9:34 AM
    Universal (CMCSA) film The Purge soared past estimates to rake in $36.4M during its opening weekend. The studio produced the film for just $3M, but used a clever marketing strategy to shock industry watchers.
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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