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NBC Exec Not Worried About Netflix: 'People Watch TV The Way God Intended'
Thursday, January 14, 2016 - 1:21pm | 681One network television station isn't concerned by the rise of Netflix, Inc. (NASDAQ: NFLX). "The reports of our death have been greatly exaggerated," said Alan Wurtzel, president of research and media development for Comcast Corporation (NASDAQ: CMCSA)'s NBC Universal. AdWeek...
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Could The NFL Be Driving Up Bids For Thursday Night Football?
Friday, December 18, 2015 - 10:42am | 868As a $10 billion business, it's of little surprise that everybody would like piece of The National Football League pie. The NFL launched Thursday Night Football in 2006 on its eponymous network, and beginning last year, on CBS Corporation (NYSE: CBS). The Eyeball has consistently been the...
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Is The Video Subscription Space Saturated?
Friday, October 16, 2015 - 1:39pm | 449The way consumers watch TV has changed drastically over the past few years as the popularity of Internet video sites like YouTube have skyrocketed. Dedicated streaming services like Netflix, Inc. (NASDAQ: NFLX) and Hulu emerged and their warm reception from American viewers caused traditional...
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Trailblazers: Vince McMahon Takes His Empire, And An Industry, Over The Top
Sunday, April 6, 2014 - 11:56am | 1157The life of a World Wrestling Entertainment (NYSE: WWE) employee can be a grueling one. The company performed 321 live events, including 65 international, in front of nearly two million fans in 2013. Professional wrestling, or what WWE likes to label "sports-entertainment," has changed...
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Netflix CEO Calls Interconnection Fees An "Arbitrary Tax"
Friday, March 21, 2014 - 1:10pm | 548In a blog post Thursday, Netflix (NASDAQ: NFLX) CEO Reed Hastings said content companies like Netflix should be given adequate network connections free of charge. Hasting’s blog post stems from the deal Netflix inked with Comcast (NASDAQ: CMCSA) this past February in which Netflix agreed to pay...
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New Technology Could Lead to More Advertising Revenue for Comcast
Monday, December 2, 2013 - 4:47pm | 328New technology could help Comcast (NASDAQ: CMCSA) earn advertising revenue from streaming videos. The cable operator is testing technology that lets it insert up-to-date commercials into past episodes of programs that viewers watch through video On Demand services, Reuters reported. Comcast is...
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Tiger Woods is Winning Again and Wall Street Couldn't Be Happier
Wednesday, March 27, 2013 - 6:46am | 522Everybody likes a comeback story. A person that faced adversity in the eye of the public and came out on top often receives instant approval from onlookers. Even Wall Street rewards companies for rising from the depths of certain doom. Probably the best example of that is Apple (NASDAQ: AAPL...
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EarthLink Demonstrates Comcast-NBCU Merger Will Increase Prices
Wednesday, October 6, 2010 - 8:42am | 96EarthLink, Inc. (Nasdaq: ELNK) has presented an economic report to the Federal Communications Commission on the proposed merger of Comcast Corp. (Nasdaq: CMCSA) and NBC Universal. The findings demonstrate that control of NBC Universal's content and assets will result in Comcast raising the prices...
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NBC Universal Announces Proposed Offering of Senior Notes
Monday, September 27, 2010 - 8:38am | 123General Electric Company (NYSE: GE) today announced that its subsidiary, NBC Universal, Inc., proposes to offer senior unsecured notes in a private placement. The issuance of the notes is part of the $9.1 billion of financing to be raised by NBC Universal in connection with the previously...
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Samsung Strikes Deals For Galaxy Tablet Sales in U.S. (005930.KS)
Friday, September 17, 2010 - 10:39am | 156Samsung Electronics (KSE: 005930.KS) has reached agreements to sell their upcoming Galaxy tablet computer with Verizon Wireless (NYSE: VZ), Sprint Nextel (NYSE: S), T-Mobile, and AT&T (NYSE: T) in the U.S. The tablet, running on Google's (NASDAQ: GOOG) Android operating system, is aimed for a...
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Hulu To Go Public?? (NWS, DIS, GE)
Monday, August 16, 2010 - 3:44am | 197Online video site Hulu plans to go public according to the New York Times and Reuters, perhaps as early as this fall. Hulu, like its competitor Youtube, streams television shows and movies on computers, gaming consoles, television sets and mobile devices. The company recently introduced Hulu Plus...
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Warner Bros (TWX) and Redbox Reach A Deal (CSTR) (WMT) (GE) (NWS) (NFLX)
Tuesday, February 16, 2010 - 8:44pm | 211The Time Warner Inc (NYSE: TWX) movie studio Warner Bros. has reached a deal with DVD rental service Redbox, owned by Coinstar, Inc. (Nasdaq: CSTR), to wait until 28 days after new DVD titles are released to begin renting them to customers. The deal is similar to the one that Warner Bros. reached...
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Comcast Corporation's (CMCSA) (CMCSK) Broadcast Shows To Remain Free Online
Thursday, February 4, 2010 - 1:35pm | 79Comcast Corporation (Nasdaq: CMCSA) (Nasdaq: CMCSK) announced that broadcast shows would remain free. Comcast Corporation Chairman Brian Roberts was before a House Subcommittee when he said that a Comcast-controlled NBC Universal would not move "over-the-air" broadcast programming to a TV...
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Comcast/GE Deal Good For GE Stock Price, Bad for Network Neutrality
Thursday, December 3, 2009 - 1:18pm | 191The deal between Comcast (CMCSA) and General Electric (GE) is pretty much a done deal. This gives the cable giant a controlling stake in the NBC Universal media empire. The deal will likely be a boon to GE as the company gets up off the mat. This is probably part of a larger plan by GE to...
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Why Vivendi SA (Public, EPA:VIV) Has To Be Edged Out
Monday, October 19, 2009 - 6:43am | 120If Vivendi SA (Public, EPA: VIV) decides to sell its stake in the NBC Universal, General Electric Co. (GE) will have to pay it $500 million. Vivendi controls a minority stake in the television and movie company NBC Universal. GE currently holds 80% of NBC Universal and Vivendi has a 20% stake in...