Comcast Reports Higher Profit, Revenue in 1Q
Comcast posted higher profits during the first quarter, driven by strength in its cable business, the company said Wednesday.
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GE Profit Rises on Higher Jet-Engine Sales, Sale of NBC
GE reported a first-quarter profit in line with Wall Street's expectations on Friday, as the conglomerate sold more jet engines and shed its stake in NBC Universal.
Comcast's Xfinity Reaches Deal for Air Turner Broadcast Shows
Comcast reached an agreement with Time Warner that will allow the cable-television giant to air content from Time Warner's Turner Broadcasting unit on Comcast's Xfinity videostreaming service.
Hulu CEO Threatened to Leave Over Subscription Pricing Strategy
Hulu CEO Jason Kilar threatened to leave the video site last fall over a dispute about its subscription pricing, The Wall Street Journal reports.
Will Comcast Pull NBC Universal Shows from Netflix?
Earlier this week, Sen. Al Franken, D-Minn., warned that if the Comcast acquisition of NBC Universal went through, the company may pull NBC's programming from Netflix. Federal regulators approved the deal Tuesday.
Watch Out, ESPN! Comcast-NBC Deal OK'd
Comcast's takeover of NBC Universal got the green light from the FCC and the Justice Department on Tuesday. The deal creates an entertainment colossus in television, movies, the Internet and theme parks. Will it also make Comcast a formidable challenger to Walt Disney's ESPN?
Will Net Neutrality Suffer from NBC Universal Merger with Comcast?
Comcast got an early Christmas present Thursday, when the Federal Communications Commission chairman approved its huge merger with NBC Universal. The proposal comes with conditions meant to protect net neutrality, but vagueness renders the terms nearly meaningless -- and unlikely to inspire much confidence.
Ex-Showtime Exec Tapped to Run NBC Entertainment
Comcast has tapped former Showtime President Bob Greenblatt to run NBC Entertainment as the cable giant continues to reorganize the leadership at the network in advance of its proposed acquisition of NBC Universal from General Electric, Reuters reported.
Hulu Drops Price on Subscriptions After Traffic Dips
Hulu lowered the price of its newly launched Hulu Plus subscription service by $2 to $7.99 Wednesday, just days after the online streaming video service saw its rank decline on a closely watched Internet ranking service for the month of October.
Is MSNBC.com Looking for a New Name?
MSNBC management is thinking about changing the name of its website, according to The New York Times, to better distinguish it from its more liberal cable network.
Vivendi Sells Partial NBC Stake to General Electric for $2 Billion
Vivendi sold a nearly 7.7% stake in NBC Universal to General Electric for $2 billion, the companies announced Monday. The sale is the first phase of a previously announced $5.8 billion deal.
Comcast Puts its Stamp on NBC, Names Stephen Burke to Replace Jeff Zucker
Comcast will soon control NBC but doesn't yet. Still, the cable giant is moving to put its own stamp on NBC, naming its own chief operating officer, Stephen Burke, to replace Jeff Zucker as CEO of NBC Universal.
Comcast Earnings Beat Estimates, Declares Quarterly Dividend
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.