Comcast


Comcast shareholders approve Time Warner merger

Comcast’s shareholders voted almost unanimously in favour of its multi-billion dollar merger with Time Warner Cable at a special meeting yesterday.  According to a filing with the Securities and Exchange Commission, Comcast shareholders who voted at the special meeting represented approximately 84% of the eligible shares entitled to vote in person or by proxy. Of […]

Comcast to shut down Streampix VoD service

Comcast is shutting down its Streampix subscription VoD offering, citing “minimal interest” from consumers. In a filing to the US Federal Communications Commission (FCC), published last week, Comcast said that both the Streampix site and the app are being decommissioned, and the standalone offer has been discontinued. “Going forward, Streampix will simply be part of […]

Weather Channel ‘weighs sales’

NBCUniversal-backed cable net Weather Channel may sell parts or all of its assets, according to a report from business wire Bloomberg. Comcast-owned NBCU co-owns WeatherChannel Cos. with private equity groups Blackstone Group LP and Bain Capital LLC, having acquired the company in 2008 for US$3.5 billion. However, the private equity groups have now spoken with JPMorgan […]

Comcast, Charter name cable spin-off GreatLand

Comcast Communications has unveiled the name of the spin-off cable company it is creating in order to sooth regulatory concerns over its deal to buy Time Warner Cable. Seeking regulatory approval, Comcast agreed to make concessions before it bought TWC. The cable firm subsequently announced it would launch a joint venture with Charter Communications, which […]

Netflix: Comcast-Time Warner merger puts basic principle of net at risk

Netflix has called on the US FCC to veto Comcast’s merger with Time Warner Cable. In a petition to the FCC’s media bureau chief William Lake, the streaming video provider argued that the “proposed merger puts at risk the end-to-end principle that has characterised the internet and been a key driver in the creation of […]

Dish wants FCC to scrap Comcast-TWC deal

US satcaster Dish Network is petitioning media regulator the Federal Communications Commission to stop the Comcast’s planned takeover of pay TV rival Time Warner Cable. Dish itself it the subject of a rumoured multi-billion dollar merger with US telco AT&T, but claims its rivals would create “irreparable harm to competition and consumers” should the FCC […]

NBCU ‘well set’ for post-mega-merger era

The CEO of Comcast has said NBCUniversal’s current performance means the content business is well prepared for any landscape changes, including the potential Fox-Time Warner merger. Brian Roberts told investors NBCU’s performance “strategically and financial positions us well in the content business”, and that “we certainly don’t think we need to bulk up in content”. […]

Comcast adds Chrome support

US cable operator Comcast has added Google Chrome browser support for its Xfinity TV Go online TV service.  The firm said that the extension offers an “easy way to see what’s on and tune quickly into live streams on the Xfinity TV Go website,” with a drop down menu allowing viewers to choose between 53 […]

RDK looks to Europe with DVB additions

RDK Management, the company set up by Comcast, Time Warner Cable and Liberty Global to administer the RDK software specifications for advanced TV services for cable, has announced the availability of new components to meet the needs of DVB-based cable operators, initially focusing on support for European subtitling and teletext requirements.  Shiva Patibanda, chief technology […]

AT&T-DirecTV deal could spur more consolidation

Analysts have said the AT&T deal for DirecTV will help the merged entity mitigate the rising cost of content and could also spur further industry consolidation. US telco AT&T announced Sunday that it has agreed to buy satellite pay TV operator DirecTV for US$48.5 billion and the news followed the announcement, in February, that Comcast […]