Comcast


Comcast looking again at Fox after higher bid was rejected – report

Comcast made an offer last year for 21st Century Fox that was significantly higher than Disney’s successful bid, and may make a fresh move to acquire the company, or its European pay TV arm Sky, according to the Wall Street Journal. The Journal, citing unnamed sources, reports that Comcast made a bid for Fox that […]

Content deals bite as Hulu losses sting Disney for $250m

Hulu’s successes in acquired and original programming are coming at a cost. Hulu backer The Walt Disney Company revealed its share of the losses at the US subscription VOD service would be US$250 million. Twelve months ago, Disney predicted losses of US$100 million from the service, highlighting a significant increase in costs. Fox’s latest earnings […]

Lionsgate ‘very interested in merger’ – vice chair

US studio Lionsgate is “very interested” in a merger deal and is talking to various potential partners, according to vice chairman Michael Burns. Talking to CNBC, he said: “We’re very interested in the consolidation space. Obviously that’s something very important to us.” While declining to address a specific deal, Burns (pictured) said discussions over a […]

Jeffrey Katzenberg mobile service NewTV gears up with CEO hire

Jeffrey Katzenberg’s upcoming mobile video service, NewTV, is nearing launch with the hire of Hewlett Packard’s Meg Whitman as its CEO. Former DreamWorks Animation (DWA) owner Katzenberg has been preparing NewTV (WT) since raising nearly US$600 million last year and then launching media investment vehicle WndrCo. Whitman, currently chief executive and president of computer manufacturer […]

Disney in clear as Comcast drops out of Fox race

Comcast will not pursue an acquisition of a suite of entertainment assets from 21st Century Fox, leaving The Walt Disney Company in the clear to complete a deal. NBCUniversal owner Comcast was one of a few companies with the scale to buy the available Fox assets, but has confirmed it is not moving forwards with […]

Comcast ‘targets Fox entertainment takeover’

Comcast has reportedly swooped in to buy 21st Century Fox’s entertainment assets, with telco Verizon and Sony Corp. also said to be in interested. The news, first reported in the Wall Street Journal, emerged about a week after The Walt Disney Company’s interest in buying a large chunk of Fox was revealed. With the Disney […]

CEO brushes off Comcast concerns

NBCUniversal (NBCU) parent Comcast is in rude health despite a recent stock price drop, according to its CEO. Comcast’s market cap recently fell around US$16 billion after a predicted loss of up 150,000 video customers in Q3 was revealed. Those losses were in part was related to Hurricane Irma battering Florida and Texas, and the […]

FX & Comcast launch premium ad-free service

FX Networks and Comcast will launch FX+, a new service that will allow Comcast’s Xfinity TV subscribers to upgrade to a platform featuring ad-free current seasons of every FX and FXX original series. FX+ will launch on September 5 and Xfinity TV customers can add the new service to their video package for $5.99 per […]

Burke: NBCU ‘skeptical’ of OTT services

NBCUniversal CEO Steve Burke has expressed skepticism over the long-term impact of over-the-top channels services such as Sling TV, Hulu Live and YouTube TV. While noting that Comcast-owned NBCU had signed “very favourable” deals with most of the US’s a la carte channels providers, he claimed these were “not all that material” to the entertainment […]

NBCU finds replacement for ex-UK chief McLeod

NBCUniversal International Networks (NBCUIN) has found its successor for long-serving, former managing director of the UK and emerging markets Colin McLeod. NBCUniversal International (NBCUI) chief marketing officer Lee Raftery has been named in the role, while also taking on an expanded marketing and programme post. He is in part replacing McLeod, who exited recently after […]

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