Comcast

Stories 1 - 20 |  Next >>

Comcast Offloading the Likes of MSNBC, CNBC

Comcast is spinning off those networks and others, though Bravo is staying

(Newser) - Telecoms and media giant Comcast is spinning off most of its NBCUniversal cable-TV networks—assets that brought in about $7 billion in revenue over the last year. Sources tell the Wall Street Journal that the company is shedding news and entertainment networks MSNBC, CNBC, USA, Oxygen, E!, Syfy, and the...

Disney Will Soon Own All of Hulu
Disney Will Soon
Own All of Hulu
Nov 2, 2023 12:30 AM CDT

Disney Will Soon Own All of Hulu

Disney will purchase Comcast's one-third stake of streaming platform

(Newser) - Disney on Wednesday announced a deal for it to purchase Comcast's one-third stake in Hulu, which would give Disney full ownership of the streaming service. The move is a long-expected one, CNBC reports, and Disney CEO Bob Iger had hinted in recent months that it could be imminent, CNN...

37 Years Later, a Reunion Between 2 of Our Favorite Stars

Xfinity ad starring E.T. and Henry Thomas, aka Elliott, aired during Thanksgiving Day parade

(Newser) - Some are calling it "heartwarming." . Others, like io9 , have a different take on the Xfinity ad that debuted during Thursday's Thanksgiving Day parade on NBC. "What you're looking at is [a] major corporation dipping into a considerable bag of tricks labeled 'Nostalgic Intellectual Property'...

Comcast Sneaks Past Fox in 'Stratospheric' $39B Buy

Telecom giant will be the new owner of Sky News

(Newser) - Comcast has emerged as the top bidder for European broadcaster Sky after a rare auction held by British regulators. After three rounds of secret bidding on Friday and Saturday, Comcast offered what the Wall Street Journal calls the "stratospheric" price of $22.58 per share for Sky, the equivalent...

A Behemoth Just Caved in Fight for 21st Century Fox

Comcast is out, paving the way for Disney to buy it

(Newser) - In a battle among media giants for control of Twenty-First Century Fox's entertainment business, Comcast has blinked. The cable and media company is dropping its bid, instead focusing on its pursuit of the European pay-TV operator Sky. Comcast had been fiercely dueling with Disney for Twenty-First Century Fox, but...

Double Whammy Makes for Spotty Comcast Day

Internet provider reports 2 separate cuts to fiber lines

(Newser) - Comcast customers across the country are having a rough day with cable and internet. The giant provider initially took note of widespread service outages and explained that a fiber line had been cut. Then the explanation got worse: “We identified two, separate and unrelated fiber cuts to our network...

Battle for Fox Heats Up as Disney Boosts Offer

Disney has now outbid Comcast

(Newser) - After Comcast challenged Disney by offering $65 billion for 21st Century Fox , Disney is challenging Comcast right back. Disney had initially offered $52.4 billion in stock for Fox's entertainment businesses, and on Wednesday it increased its bid to $70.3 billion, composed of half stock and half cash,...

Comcast Challenges Disney, Offers $65B for Fox

It's not clear whether Fox's board will entertain the offer

(Newser) - Comcast made a $65 billion bid Wednesday for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company, the AP reports. The bid comes just a day after a federal judge cleared AT&T's takeover of Time Warner and rejected the government's...

Wash. AG Blasts 'Shocking Deception' by Comcast

State attorney general's office expands $100M suit about service plan

(Newser) - "New evidence" has emerged to expand a $100 million 2016 lawsuit against Comcast by Washington state, with accusations of "deceptive conduct" that's "even more egregious than we first realized." That's per the state attorney general, Ars Technica reports, with an amended complaint filed in...

Comcast Talking to Fox About a Deal, Source Says

Comcast said to be interested in same assets Disney was

(Newser) - Comcast is in discussions with 21st Century Fox about buying its movie studio, some cable channels, and its international arms, a person familiar with the situation tells the AP . This person can't discuss the matter publicly. The conversations are at a very early stage, and there's no guarantee...

Most Loved and Hated Telecom Companies in US

Sorry, Mediacom

(Newser) - Believe it or not, Comcast is not the most hated telecommunications company in the country. The American Customer Satisfaction Index, out Tuesday, ranks America's most loved and hated companies offering pay-TV, phone, and internet service, and though Comcast finds itself among the least loved companies, it's not the...

Philadelphia Bans Asking About Salary History

Mayor says he wants to end wage discrimination

(Newser) - Despite a threat from cable giant Comcast to take legal action, Philadelphia has banned employers from asking potential hires to provide their salary history, a move supporters say is a step toward closing the wage gap between men and women. Mayor Jim Kenney signed the measure, saying he's confident...

5 Most Hated Companies in US
5 Most Hated
Companies in US
Jan 10, 2017 4:33 PM CST

5 Most Hated Companies in US

One on the list may surprise you

(Newser) - To be equally loathed by employees, customers, and the general public, a company really hasn't been taking care of its brand. Per Yahoo Finance , 24/7 Wall St. looked at American Customer Satisfaction Index surveys, worker diatribes on Glassdoor, and its own questionnaire to gauge which firms ranked lowest in...

Wrongful Billing Earns Comcast 'Biggest Cable Fine Ever'

It must pay $2.3M for negative option billing

(Newser) - Comcast has just been hit with what CNNMoney calls the "FCC's biggest cable fine ever." The company must pay a $2.3 million penalty after federal regulators found it charged customers for services and equipment they never requested. Customers had registered more than 1,000 complaints in...

Comcast Is About to Cap Internet Usage for Millions

Its residential internet service will soon resemble your smartphone data plan

(Newser) - Comcast is about to makes its residential internet service a lot more like smartphone data plans for millions of customers, the Washington Post reports. Starting Nov. 1, Comcast will be capping the internet usage of customers in 18 markets—including 12 whole states—at 1 terabyte. According to Ars Technica...

Comcast Just Bought DreamWorks for $3.8B

That's right—Shrek is marrying the Minions in possible bid to rival Disney

(Newser) - In animating news for DreamWorks, Comcast's NBCUniversal will scoop up the studio, behind such films as Kung Fu Panda and Shrek, in a deal worth $3.8 billion, the AP reports. The acquisition, which the Los Angeles Times says came together with "breathtaking speed," will result in...

Guy Autotweets Comcast Whenever His Service Stinks

It's happened 16 times in 3 months

(Newser) - Many people have famously poor luck when trying to shout, however publicly , at Comcast customer service. So one user is taking what Geek.com describes as a "passive aggressive" approach by programming his Raspberry Pi to automatically tweet every time his Internet service falls below an unacceptable speed (it'...

TV, Internet, Phone Prices Have Spiked in Last 5 Years

And service isn't getting any better

(Newser) - You probably don't need another reason to hate your cable provider, but here's one anyway: The average customer's bill in 2015 is nearly $42 higher than in 2010, NBC News reports. That's an increase of 35%, according to market research firm SNL Kagan, which says bundling...

Guy Battling Comcast Gets to Keep His Dream House

Broadband saga has unexpected happy ending

(Newser) - A Washington state man who was misled about his dream home's Internet connection finally has a broadband connection—but he had to jump through a lot of hoops to get it. Seth Morabito, who checked with Comcast before buying the Kitsap County, Wash., home only to be told after...

Comcast: Time Warner Deal Is Off

Comcast CEO makes it official in interview

(Newser) - As rumored yesterday , Comcast today announced it's dropping its $45 billion bid for Time Warner Cable after heavy regulatory pushback. A merger of the No. 1 and No. 2 US cable companies would have put nearly 30% of TV subscribers and about 55% of broadband subscribers under one roof,...

Stories 1 - 20 |  Next >>