Comcast invests in ex-DreamWorks exec’s VR start-up

Comcast has led a round of investment in Spaces, a VR firm founded by entrepreneurs including Brad Herman, the former CTO of DreamWorks, the animation studio recently acquired by Comcast. The cabler’s investment arm, Comcast Ventures, led the US$3 million funding round. Spaces will be run by video games veteran Shiraz Akmal as CEO, alongside […]

NextVR and Live Nation to broadcast 360-degree concerts

Comcast and Time Warner-backed NextVR has partnered with Live Nation to broadcast hundreds of live music concerts and events using virtual reality (VR) technology. The first VR event to be covered as part of the deal will take place this summer, with the full schedule of events to be announced later this year. Viewers will […]

Comcast agrees US$3.8bn DreamWorks Animation buyout

Comcast’s NBCUniversal is buying DreamWorks Animation, in a deal valuing the cartoon studio around US$3.8 billion. A deal had been expected after news of advanced talks broke earlier this week. Family-focused DreamWorks will become part of Comcast’s entertainment arm, NBCU, following the agreement, which will significantly bolster Comcast in its bid to rival The Walt […]

Rovi sues Comcast for patent infringement

TV technology company Rovi is suing Comcast for alleged infringement of its patents and has accused the US service provider of continuing to use Rovi’s technology to power its TV service following the expiry of its fixed-term licence. Rovi has accused Comcast of infringement of 14 of its patents covering features including the implementation of […]

Comcast accused of violating NBCU deal term

Comcast has been accused of reneging on a key term of its acquisition of NBCUniversal in 2011, which required the broadcast, cable and telecoms group to launch new diversity-focused channels. Major American syndication production company Entertainment Studios and The National Association of African American-Owned Media on Friday filed a petition with US media regulator the […]

Comcast Xfinity TV now available through Amazon

US operator Comcast is now letting customers buy Xfinity TV, internet and home phone services via Comcast said that move was part of its “multi-year effort to transform the customer experience” and that the deal would let customers easily find and subscribe to suitable service plans. “Amazon is not only the biggest online retailer and […]

Comcast’s Fandango launches TVoD service after M-GO deal

Comcast-owned movie ticketing firm Fandango is to launch a transactional VoD service on March 30 after acquiring the M-GO platform earlier this year. US-based Fandango will rebrand M-GO as FandangoNOW, which will offer “massive library of new release and catalogue movies from all major studios and next-day TV shows for purchase and rental”. FandangoNOW, billed […]

Comcast launches Stream TV service in Chicago

Comcast has launched its new streaming cable TV service, Stream TV, in Chicago with plans to roll it out to its entire service area by early 2016. The over-the-top offering will include live channels from “all the major broadcast networks” and HBO, thousands of on-demand movies and TV shows and a cloud DVR. Stream TV […]

Time Warner could become the latest media giant to invest in Hulu.

The Wall Street Journal reports  that Time Warner has been in talks with current owners Comcast, The Walt Disney Company and 21st Century Fox about becoming an equal stakeholder in the platform. This would mean each of those companies, whose stakes currently sit around 33.3%, would drop down to 25%, with Time Warner also taking a […]

Virtual reality specialist NextVR raises US$30.5m from Comcast, Time Warner

NextVR, a company that specialises in virtual reality live-event streams, has raised US$30.5 million in funding with participation from US pay TV giants Comcast and Time Warner. Venture capital firm Formation 8 led the funding, with Comcast Ventures and Time Warner Investments joining the round – throwing their support behind the new broadcasting technology. NextVR […]

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