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Comcast to buy GE's 49 pct stake in NBCUniversal

Comcast & NBCUniversal

Comcast says it's buying General Electric's 49 percent stake in NBCUniversal joint venture for $16.7 billion.


Comcast Partners With Intel to Deliver Television Anywhere In The Home

Today at CES, Intel officially announced a new partnership with Comcast that will will enable customers to view live and on-demand television content on Intel-based devices, such as tablets, ultrabooks and PCs. This experience is made possible by the Intel® Puma™ 6MG-based XG5 multi-screen video gateway.


Comcast 3Q profit, sales top Street on upbeat subs

Cable giant Comcast Corp., the nation's largest provider of TV and high-speed Internet services, more than doubled its net income in the third quarter, helped by fewer cancelations of video service than expected and by breaking even on the expensive-to-produce London Olympics.


'Internet doomsday' impact minimal, service providers say

Internet Doomsday

Hours after "Internet doomsday" kicked in, major service providers say almost all customers have avoided the shut-off of their Internet service, although there are some who will not be able to read this story online, unless it's on their smartphones. "Less than 1 percent of Cox customers are infected with the virus," Todd C. Smith, Cox Communications director of media relations told "Since midnight last night, when the FBI (via the Internet Services Coalition) disconnected the servers associated with this botnet, we've only received a miniscule number of calls, but our customer care and security assurance teams are standing by and are ready to help," Charlie Douglas, Comcast senior director of corporate communications, told


Comcast 1Q earnings up 30 percent

Comcast Corp., the country's largest cable company, reported a 30 percent profit increase in the first quarter, beating expectations on the strength of Super Bowl advertising and its popular broadband service....


Oprah Winfrey Network Reaches Deal With Comcast

Oprah Winfrey's cable channel struck a deal with Comcast that will lift the number of homes in which the network can be seen and give it subscriber fees.


Hulu no longer for sale, owners say

Hulu no longer for sale, owners say

After months of being courted by technology giants and TV signal providers, online video service Hulu is no longer for sale, its media company owners said Thursday. The Walt Disney Co., News Corp., Comcast Corp. and Providence Equity Partners had been shopping the site since June after receiving an unsolicited takeover offer.

Senh: I guess they couldn't get the price they were looking for. According to Bloomberg, they're looking to go public. Speaking of content acquisition. Hulu is owned by three media companies. How could they NOT get more content than Netflix?


NBCUniversal agrees to buy Blackstone’s stake in Universal Orlando for $1.03 billion

Private equity firm Blackstone Group LP has agreed to sell its 50 percent stake in Universal Orlando to Comcast-controlled NBCUniversal for $1.03 billion.


Comcast completes NBC Universal merger

Comcast completes NBC Universal merger

Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and movies are made but how they are delivered to people's homes.


Comcast's NBC Buy Clears FCC Hurdle

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.


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