In 2017, PC magazine named Comcast America's most hated company. Yet the stock has gone from $21 to about $36 over the past 5 years. How can Comcast be a good investment when so many customers hate them?
Disney's (DIS) reorganization of its business segments is likely to help the company focus on producing high quality content, increase global foot print and direct-to-consumer distribution.
Comcast (CMCSA) seems to have an edge over Charter Communications (CHTR) with respect to most parameters considered.
AT&T Inc can cite a voluntary commitment not to withhold content in licensing talks as a key part of its defense when an antitrust trial begins next week over the fate of the company's planned $85 billion merger with Time Warner Inc , U.S. District Judge Richard Leon said on Tuesday. The Justice Department filed a lawsuit in November to stop AT&T, which owns DirecTV and other products with 25 million subscribers, from buying movie and TV show maker Time Warner, which owns HBO and CNN, among many other channels. AT&T contends that analysis is fatally flawed because it does not include its commitment for seven years to agree to binding arbitration over disputes with distributors like DISH Network Corp or Comcast Corp over licensing terms.
Intense competition in the multi-channel U.S. video market and cord cutting continue to bother Charter Communications (CHTR). We also view the company's high debt level as a potential hazard.
Comcast's gatecrashing of Rupert Murdoch's eight-year campaign to buy pay-TV group Sky has sparked a regulatory race with 21st Century Fox. Fifteen months after finally agreeing a takeover of Sky, Murdoch had been edging towards approval by offering remedies to overcome long-held concerns that he holds too much media sway in Britain, where he owns the Sun and Times newspapers. Fox has called on regulators to submit Comcast to the same lengthy scrutiny it received, but competition lawyers say it could gain clearance in a relatively fast probe.
Comcast's (CMCSA.O) gatecrashing of Rupert Murdoch's eight-year campaign to buy pay-TV group Sky (SKYB.L) has sparked a regulatory race with 21st Century Fox (FOXA.O). Fifteen months after finally agreeing a takeover of Sky, Murdoch had been edging towards approval by offering remedies to overcome long-held concerns that he holds too much media sway in Britain, where he owns the Sun and Times newspapers. Fox has called on regulators to submit Comcast to the same lengthy scrutiny it received, but competition lawyers say it could gain clearance in a relatively fast probe.
LONDON (Reuters) - Comcast's gatecrashing of Rupert Murdoch's eight-year campaign to buy pay-TV group Sky has sparked a regulatory race with 21st Century Fox .
Is Comcast Chief Executive Brian Roberts is trying to get himself a place at the table, hoping that he can pry away a prize asset or two from Disney, perhaps Hulu?
Comcast’s disruptive £22bn bid for Sky added a further layer to a complex affair. We ask why the UK operator is such a catch, and how new ownership will change our television landscapeThe unwinding of Rupert Murdoch’s media empire, via the sale to Bob Iger’s Disney of his stake in Sky and his prime entertainment assets in 21st Century Fox, was never likely to be a trouble-free affair for the media tycoon. And so it proved last week when Comcast, the US cable giant led by Brian Roberts that owns the NBC broadcasting network, launched a £22bn takeover bid for Sky, seemingly out of nowhere.The $66bn Disney deal is complicated as it is, because wrapped within it is Murdoch’s ongoing attempt to buy the 61% of Sky that he doesn’t already own. If the regulators approve both transactions, the 86-year-old will get to hand over 100% of Sky to Disney as an extra gift. But if Comcast gets its way and snaps up a majority stake from Sky’s independent shareholders, the plan could unravel. Here are the answers to questions posed by the deal. Continue reading...
The telecom industry witnessed strong earnings performances by most of the key stocks last week.
As of Dec 31, 2017, total customer base of Cable ONE Inc. (CABO) was 797,537, up 21.3% year over year.
Republican FCC Chairman Ajit Pai on Thursday turned down an NRA gun award he received at the Conservative Political Action Conference last week, citing the advice of ethics officials at his agency.An executive from the National Rifle Association named Pai the Charlton Heston Courage Under Fire Award recipient at CPAC for his efforts to repeal the Obama-era net neutrality rules. The award was a Kentucky handmade long gun, which the NRA said would be housed at the organization’s museum until he could retrieve it.But the FCC chairman, in letters sent Thursday to the NRA and to the American Conservative Union, which puts on the conference, noted he was "surprised" by the award and turned down the gun.“As you know, once my staff became aware of what was happening, they asked backstage that the musket not be presented to me to ensure that this could be first discussed with and vetted by career ethics attorneys in the FCC’s Office of General Counsel,” Pai wrote, according to an FCC source who relayed the text of the letters.“Therefore, upon their counsel, I must respectfully decline the award,” he wrote. “I have also been advised by the FCC’s career ethics attorneys that I would not be able to accept the award upon my departure from government service.”Pai, who according to the FCC has been the target of threats over his net neutrality actions, received a standing ovation when the gun award was announced. The event took place less than two weeks after the mass shooting at a high school in Parkland, Fla., which has sparked a national debate about gun control and the power of the NRA. The chairman was scheduled to give a speech at CPAC but ended up taking part in a panel discussion with his fellow Republican FCC commissioners to discuss the agency's work.He's been widely criticized for repealing the Obama-era net neutrality rules, which required internet service providers such as Comcast and Verizon to treat all web traffic equally.Government ethics rules would generally prevent FCC officials from accepting awards worth more than $200 without written clearance from their agency’s ethics officials, said Larry Noble, senior director and general counsel for the Campaign Legal Center, a nonprofit organization that studies ethics rules.Noble noted he had "serious questions" about Pai receiving the award when he learned of it.
Music streaming giant Spotify officially announced that it has filed to go public, and is targeting a $1 billion IPO. Set to begin trading on the New York Stock Exchange under the ticker "SPOT," Spotify has chosen an unusual way to go public.
The Zacks Analyst Blog Highlights: Apple, Pandora, Alphabet, Disney and Comcast