Comcast reported second-quarter results that edged past Wall Street's expectations, in part on the strength of the cable operator's strong programming and cable results, the company announced Wednesday.
China's TenCent is one of the world's largest pure-play Internet companies, and its shares are sizzling. But for a stealthy way to invest in TenCent at a major discount, buy South African media giant Naspers.
Cablevision Systems will acquire Bresnan Communications, owned in part by Providence Equity Partners, in a transaction valued at $1.365 billion.
CNN and CBS have unsuccessfully flirted with the idea of a partnership many times in the past. But now they're giving it another whirl. Could a recent fall in CNN's fortunes make it ready to commit?
Comcast is the Rodney Dangerfield of media companies. Yesterday, the Philadelphia firm reported that fourth-quarter earnings more than doubled. How did Wall Street respond? It sent Comcast's shares down.
Thanks to the power of the Internet, it's getting harder for companies to control how we communicate and entertain ourselves. Google's new phone runs an app that enables users to make international calls far cheaper than with any wireless carrier. That's just one sign of growing consumer influence through the Net.
Fox and Time Warner Cable have reached a deal keeping the network on the cable provider after Fox threatened to walk over a fee dispute. The deal's suddenness likely means Fox got the better end, as the cable giant risked having subscribers go elsewhere for Fox programming.
Comcast Corp. (CMCSA) Thursday officially announced its long-awaited deal to gain control of NBC Universal from General Electric Co. (GE). The parent company of the NBC television network and Universal Pictures will be run through a joint venture.
