Comcast Ventures appoints Tinder co-founder

Comcast’s venture capital arm has appointed the co-founder of dating app Tinder, Dinesh Moorjani, as managing director. Moorjani, who is a serial entrepreneur, senior operating executive and seed investor, will join Comcast Ventures, based in Santa Monica. “We are building a team of smart, proven investors with knowledge and success across a variety of sectors. […]

Harmonic agrees warrant deal with Comcast

Harmonic has agreed a deal with Comcast that will enable the US operator to buy common stock shares in Harmonic based on specific product sales. The warrant agreement is based on CableOS and other Harmonic sales and deployment milestones during the term of the deal. Harmonic president and CEO, Patrick Harshman, described the agreement as […]

Comcast technology chief re-elected SCTE/ISBE chairman

The Society of Cable Telecommunications Engineers (SCTE) and its global arm, the International Society of Broadband Experts (ISBE), has re-elected Tony Werner as chairman of the board. Werner, who is also president, technology and product for Comcast Cable, will retain his role as chairman for the 2016-17 term. He will be joined on the SCTE/ISBE […]

Comcast starts Netflix trial on X1 boxes

US pay TV giant Comcast is due to start rolling out a beta version of the Netflix app for its X1 set-top box in the coming days. Comcast and Netflix customers will be able to access the test in the ‘Comcast Labs’ section of the X1, with a formal launch to follow “later this year”. […]

Comcast completes US$3.8bn DreamWorks takeover

Comcast is set to go head-to-head with Disney in the kids and family sector after NBCUniversal completed its US$3.8 billion takeover of DreamWorks Animation. The deal hands Comcast’s entertainment wing NBCU franchises such as Shrek, Kung Fu Panda and How to Train Your Dragon, online assets in the shape of multichannel operator AwesomenessTV, and a […]

Comcast begins trial of DOCSIS 3.1 in Chicago

US cable giant Comcast is to begin trialling 1Gbps internet services in the Chicago area using DOCSIS 3.1 technology. Comcast said that the introduction of DOCSIS 3.1 – the latest iteration of the DOCSIS standard for delivering data over hybrid fibre-coax cable networks – marks a major step forward in the delivery of ultra-fast broadband. […]

Time Warner investment values Hulu at $5.8bn

Hulu has been valued at around US$5.83 billion (€5.18 billion) after Time Warner made a multi-million dollar investment in the US streaming service. Turner and Warner Bros. parent Time Warner paid US$583 million for a 10% stake in Hulu, which already counts 21st Century Fox, The Walt Disney Company and Comcast as part-owners. Former part […]

Comcast Ventures invests in VR studio Kite & Lightning

Comcast Ventures has invested in virtual reality studio Kite & Lightning, marking the latest in a string of bets in the VR space. Comcast Ventures’ Catalyst Fund contributed to Kite & Lightning’s US$2.5 million seed round, which was led by Raine Ventures and also included contributions from Social Capital, Outpost Capital, Boost VC and Jason […]

Comcast to launch pay-as-you-go Xfinity TV service

US operator Comcast has unveiled plans to launch Xfinity-branded pay-as-you-go TV and internet services later this year. Comcast said the Xfinity Prepaid Services will be available without a credit check or contract, with users able to ‘refill’ their subscription any time they want for either seven or 30 days. A one-time set-up fee will cover […]

Comcast strikes deal to buy up to 8m Arris shares

Comcast has struck a deal that could see it purchase up to 8 million Arris shares, based on the amount of products and services Comcast buys from the company. The ‘warrant and registration rights agreement’ allows Comcast to purchase between 1.0 million and 3.0 million Arris shares this year and between 1.0 million and 5.0 million next year. The […]

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