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Comcast Corporation (CMCSA)

  • Apr. 17, 2013, 3:36 PM
    Aereo took out a full page ad in The New York Times to pitch its case to the public that its large media companies are ganging up on it. Fox (NWS, NWSA), NBC (CMCSA -2%), ABC (DIS -0.3%), and CBS (CBS -1.6%) are united in their stance that the startup's retransmission of content violates copyright law, but an initial court ruling has gone against them. (Previous: Broadcasters consider the nuclear option)
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  • Apr. 17, 2013, 11:12 AM
    Movie studios (DIS, TWX, CMCSA, LGF, VIA, VIAB, SNE) might be asleep at the switch, according data compiled from an industry trade group. While movies rated PG-13 almost doubled the return of R-rated movies in 2012, studios released twice as many of the R-rated variety. If box office numbers for Q1 are any indicator, execs haven't learned the lesson yet.
  • Apr. 16, 2013, 7:13 AM
    Twitter is close to inking a deal with Viacom (VIA, VIAB to bring high-quality streaming video and advertising to the site, reports Bloomberg. The deal under discussion would let Twitter stream videos and split the resulting ad revenue with the network. Discussions have reportedly also been held with NBCUniversal (CMCSA).
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  • Apr. 15, 2013, 7:51 AM
    Box office roundup: 1) Universal Studios (CMCSA) sees Oblivion score a $61.1M overseas after opening in 7.4K locations, boding well for the U.S. debut of the film on Friday. 2) The Croods keeps pulling in +$10M weekends and is now up over the $142M mark for Dreamworks Animation (DWA). 3) Oz: The Great and Powerful pushes over the $471M mark in global box office sales for Disney (DIS) to quietly make the film a rousing success for the company's studio.
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  • Apr. 10, 2013, 1:02 PM
    What should a network do if it's mired in 5th place in the ratings war? For NBCUniversal, the answer is to create the first dual TV series/video game to help launch its way back into relevance. Defiance - already out in video-game format - will debut on the Syfy network in a project which execs say aims to marry content and distribution. In a convenient little twist for parent Comcast (CMCSA +1%), the game will require an upgrade in broadband speed for many.
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  • Apr. 10, 2013, 4:43 AM
    Adobe has launched a new package of tools that is designed to make "TV everywhere" - the distribution of video content to any device - easier and cheaper. Called "Adobe Primetime," the product facilitates mobile streaming, subscriber authentication, protection from privacy, and monetization via targeted ads. IDC reckons Primetime has "a multi-billion dollar market," while Comcast Cable (CMCSA) is already a customer.
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  • Apr. 9, 2013, 8:06 AM
    Media watch: Univision chairman Haim Saban says his company will explore alternatives including moving to cable as it firmly believes Barry Diller-backed Aereo is pirating broadcasters' content. Last week, Aereo scored a legal victory which has thoroughly rattled the media industry (CBS, CMCSA, DIS, NWS). Previous: (News Corp. explores the nuclear option)
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  • Apr. 5, 2013, 6:56 PM
    Former News Corp. President Peter Chernin bid ~$500M for Hulu (DIS, NWS, CMCSA) after its owners began reaching out to prospective buyers, Reuters reports. The reported bid price is well below the $2B valuation Hulu is believed to have been given when Providence Equity sold its stake last year, and Reuters cautions it isn't clear if the owners are still considering a sale.
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  • Apr. 3, 2013, 12:58 PM
    NBC plans to install Jimmy Fallon as the next host of the iconic The Tonight Show following the 2014 Winter Olympics with the cantankerous Jay Leno set to end his longtime affiliation with the network. What to watch: The network's more immediate future is hinged on the return of The Voice and Revolution which helped pull the Comcast (CMCSA -0.7%) property out of its extended ratings slump as well as its new sports channel which needs to justify its hefty programming costs by generating significant ad revenue and carriage fees.
  • Mar. 27, 2013, 12:21 PM
    In a 5-4 decision, the Supreme Court rules in favor of Comcast (CMCSA +0.2%) in a class action lawsuit against the company over its fee structures. The high court ruled that the group of Philadelphia-area subscribers in the suit didn't qualify as a class action. Justice Scalia for the majority: "The permutations involving four theories of liability and 2 million subscribers located in 16 counties are nearly endless." (full ruling .pdf)
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  • Mar. 26, 2013, 2:27 PM
    Netflix (NFLX +5.8%) vs. Cable (TWC, CHTR, CVC, CMCSA): A nice little nugget to chew on from Pac Crest's bullish note covering Netflix is that the company only costs the average U.S. subscriber $0.20 per viewing hour - which stands far below the estimated $0.50 per hour in the cable industry. Look for the company to take advantage of this pricing discrepancy.
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  • Mar. 26, 2013, 11:03 AM
    Intel (INTC +1.7%) has "signed off on the broad outlines" of its Web TV service with network owners Time Warner (TWX), NBC Universal (CMCSA), and Viacom (VIA), Bloomberg reports, while adding the chip giant isn't "as far along" in talks with other networks. The fact Intel (unlike others) isn't pushing for a la carte subscriptions (though it is promising more service "flexibility") should make it easier to strike deals. RBC's David Bank declares Intel's efforts "great" for content owners. "Intel will have to pay a premium as the new kid on the block."
  • Mar. 25, 2013, 4:37 PM
    Hulu (DIS, CMCSA, NWS) has contacted potential buyers to gauge their interest, Reuters reports. Hulu's media industry owners put the video site up for sale in 2011, but decided to hold on after failing to receive an adequate bid. The bids received in a fresh sale attempt will depend a lot on the content licensing terms the  owners are willing to offer. Questions surrounding Hulu's CEO transition could also come into play.
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  • Mar. 21, 2013, 12:56 PM
    The combined box office from BRIC nations could double to $12.1B by the end of 2017, according to new industry research. Growth in China, Russia, Brazil, and India is being led by higher ticket prices and a rapid pace of screen construction. Though it's good news for Hollywood studios (TWX, DIS, LGF, VIAB, CMCSA, SNE) looking for global growth opportunities, IMAX (IMAX -0.9%) is the company that could see the biggest benefit if the rosy forecast pans out.
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  • Mar. 21, 2013, 10:33 AM
    Rumors on the future of NBC's The Tonight Show continue to pick up despite the network staying mute on the issue. If Jay Leno is replaced by Jimmy Fallon, the speculation is that the show will return to New York City on a permanent basis after a 41-year absence. The bigger issue: Look for Comcast (CMCSA -1%) to be more aggressive with the broadcasting unit as it sits mired in 5th place with the critical up front ad-selling period not all that far away.
  • Mar. 20, 2013, 10:03 AM
    A survey conducted by Deloitte Touche indicates a lower percentage of the population considered cutting the chord to pay-TV services in 2012 than 2011. Though the wording of the question leads AllThingsD to speculate that at least some of the respondents answered yes to cutting premium-TV services such as HBO (TWX) instead of traditional cable/satellite (DTV, DISH, CMCSA, TWC, CHTR, CVC) options, the reported sharp drop in the pace of cord-cutting is still something to watch.
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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