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NEWS ABOUT: Comcast

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Verizon Deal With Cable TV Could Be Game-Changer

... if regulators approve pact with Time-Warner, Comcast

(Newser) - A new $3.6 billion deal between Verizon and three major cable TV companies is threatening to change a fierce rivalry between competitors into a partnership that critics fear would restrict consumer choice, reports the Washington Post . Mobile service, Internet, and cable TV providers have been locked in an intense... More »

NBC's Ratings Keep Sinking

Viewership down 9.3% from year before

(Newser) - NBC’s long-struggling ratings are only getting worse as the new television season gets under way. Some 3.3 million 18- to 49-year-olds have been tuning in to the network's primetime offerings over the past four weeks, a 9.3% drop from the year before, the Wall Street Journal... More »

Comcast Plans $10 Internet for Low-Income Families

Plan stems from NBC merger

(Newser) - Comcast is readying a discount Internet service for families whose kids receive free lunches by way of the National School Lunch program, the company announced on its blog . For $9.95 a month, families who live in one of the 39 states Comcast serves with at least one child participating... More »

NBC Wins Olympics Until 2020

Broadcaster pays $4.38B for rights to 4 Olympics

(Newser) - NBC Universal has outbid rivals to win the US rights to broadcast the four Olympics after London 2012. The Comcast company's $4.38 billion bid included $2 billion to broadcast the 2014 Winter Olympics in Sochi, Russia, and the 2016 summer Games in Rio de Janiero. Rival bidder Fox... More »

NBC Loses Peacock—Sort Of

And the new internal logo isn't receiving rave reviews

(Newser) - Comcast takes over NBC Universal today, and some feathers are already being ruffled—the peacock has been removed from the corporate logo. Though the colorful, 55-year-old mascot will still be used on television, internally, it's been swapped out in favor of the the name NBCUniversal on a purple background, reports... More »

Comcast: We Didn't Force Out Olbermann

Cable giant's pending takeover of NBC sets off speculation

(Newser) - Neither side is talking about Keith Olbermann's surprise departure from MSNBC, but the gist from a slew of reports (based on anonymous insiders) is that the host's long-strained relations with management simply never recovered from his suspension over political donations. (See Politico and the Wall Street Journal for more.)... More »

FCC Approves Comcast Deal to Buy NBC

Justice Department is expected to follow suit later today

(AP) - The FCC is giving Comcast, the country's largest cable company, the green light to take over NBC Universal, home of the NBC television network. The deal is still awaiting Justice Department approval, which is expected later today. With the deal certain to transform the entertainment industry landscape, regulators are attaching... More »

FCC Honcho: Comcast Can Only Buy NBC if It Shares

Commission aims to block media stranglehold

(Newser) - Comcast should only be able to go through with its plans to buy NBC Universal if it's willing to share the media giant’s content with its competitors, according to Julius Genachowski. The FCC chairman gave his conditional approval for the merger last week, proposing a set of rules that... More »

Our Most Urgent Free Speech Issue: Net Neutrality

FCC's draft regulations 'worse than nothing'

(Newser) - Tomorrow, the FCC will discuss regulations on net neutrality—the principle that the biggest corporation and the humblest blogger should have equal access to viewers on the Internet. The FCC could protect this freedom, but its draft regulations “don't do that at all,” writes Sen. Al Franken on... More »

Jeff Zucker Will Leave NBC

CEO explains Comcast's decision in email, interview

(Newser) - Oft-criticized NBC Universal president and CEO Jeff Zucker will leave the company when its acquisition by Comcast becomes official. Zucker made his decision public this morning in an email to NBC employees acquired by the Wall Street Journal . Though he says it wasn’t his choice to leave, he calls... More »

Endorsement Extravaganza Awaits New Celtic Shaq

'Marketing giant' heads to sports-mad Boston

(Newser) - Shaquille O'Neal will be paid the veteran minimum as a Celtic , but he probably won't have to worry about making ends meet—Boston businesses are already lining up to pitch endorsement deals, reports the Herald . "The minute I heard about him coming, I thought about the idea," says... More »

FCC to Reinstate Net Neutrality

Agency maneuvers around court ruling

(Newser) - Net neutrality might not be dead after all. The FCC says it will apply a brand new regulatory structure on Internet providers that will allow it to skirt a recent court ruling that found it didn't have the power to force Comcast to treat all Internet traffic equally. Advocates had... More »

Right-of-Fox Network Powers Up

'Tea Party TV' RightNetwork set for summer launch

(Newser) - A network for people who find Fox a little too far left will be hitting the airwaves this summer. RightNetwork—whose backers include ComCast and actor Kelsey Grammer—pledges to focus on entertainment with "pro-business, pro-military, and pro-America" sensibilities, Gawker reports. The network has been embedded with the Tea... More »

Court Smacks Down FCC in Net Neutrality Case

Agency had no standing to regulate Comcast, 3-judge panel rules

(Newser) - A federal court today said the FCC does not have the power to force Internet service providers to treat all traffic equally. The ruling, in a closely watched case concerning Comcast's ban on BitTorrent, is a blow to the Obama administration’s crusade for net neutrality. But the FCC failed... More »

Comcast Moves to Rebrand Itself ... Xfinity

Cable, phone, web services get name in some markets next week

(Newser) - As soon as next week, a key cog in the digital lives of millions of Americans will get a new name, when Comcast begins rebranding itself as Xfinity. The rollout, which applies to cable, phone and Internet services, begins in Boston, Philadelphia, Washington, Chicago and elsewhere; a company exec says... More »

Comcast Confirms NBC Buy

$13.75B deal will create entertainment juggernaut

(Newser) - Comcast has confirmed its deal to buy a controlling share of NBC Universal from GE to create one of the world's biggest entertainment firms. Comcast will pay $13.75 billion in cash and assets for a 51% stake in NBC, the AP reports. The nation's largest cable TV operator will... More »

Comcast Plans to Announce NBC Deal Tomorrow

Joint venture would have $51B in assets

(Newser) - Comcast is set to announce its acquisition of NBC Universal tomorrow. The deal with GE will make Comcast an entertainment behemoth, with a big stake in the cable, TV, and movie industries. Combined assets of the venture would have been $51 billion last year, the Wall Street Journal reports. Anti-trust... More »

Comcast's NBC Deal Gets Help With GE-Vivendi Pact

French outfit will sell Universal stake for $5.8B

(Newser) - Comcast’s acquisition of NBC Universal got a little closer to reality tonight with news that NBC’s parent company, General Electric, has a deal to buy the 20% of NBCU owned by France’s Vivendi—a stake that threatened to torpedo the sale to Comcast. GE would pay $5.... More »

Why Rupert Murdoch Won't Buy NBC Stake

The News Corp. mogul is interested, but the deal will likely not go through

(Newser) - Sources tell CNBC Rupert Murdoch wants to add a stake in NBC Universal to his ever-expanding media empire—which could lead to some awkward moments between Bill O’Reilly and Keith Olbermann at the company Christmas party—but it probably won’t happen, writes John Cook on Gawker. Considering the... More »

Comcast Weighs Charging Viewers for Hulu

Cable giant no fan of free site, and could soon own NBC's part of it

(Newser) - Comcast is no fan of Hulu's business model, and the cable giant could soon own a stake in the site—which means trouble for fans of using it to watch TV shows free. Comcast is in talks with NBC to pool their entertainment offerings in a joint venture that would... More »

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