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CMCSA Market Currents
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3:10 PM Are cable companies lining up for a money grab? Word out of DC is that FCC chief Julius Genachowski backs a pay-for-play Internet fee model, which he claims would raise efficiencies in the market. Cable providers have already been tossing around the idea of charging customers based on Internet usage, instead of a flat fee - with Comcast (CMCSA +1.1%) going as far as saying it will test the model in two U.S. cities.
2 Comments[Consumer]
- 2:04 PM The National Association of Broadcasters files a federal court appeal to prevent new rules from being implemented that require political ad sponsors to be identified online. The big 4 networks - owned by Disney (DIS), CBS, News Corp. (NWSA), and Comcast (CMCSA) - argue public disclosure of their information and advertising rates gives an unfair advantage to cable and Internet rivals unaffected by the legislation. [Consumer]
- 12:05 PM InterActiveCorp-backed (IACI +1.1%) Aereo succeeds in getting an unfair competition claim that was part of a lawsuit attempting to shut down its $12/month local TV streaming service dismissed. A ruling is still pending on a copyright infringement claim. Broadcasters such as CBS, ABC, NBC, and Fox accuse Aereo of depriving them of retransmission fees from pay-TV providers (ed: the pay-TV providers aren't thrilled about paying for content that's aired for free). [Tech, Consumer]
- 7:10 AM Comcast (CMCSA) launches Xfinity TV on its X1 next-generation cloud-enabled TV platform. The company says the service - available soon for HD/DVR customers - will use cloud servers to integrate customized apps, social media, and traditional video services - all controlled by an iPhone or iPod touch if desired. [Consumer]
- Monday 11:58 AM Hulu continues to add to its arsenal of original content (previous). The latest additions include movie-review show Spoilers, travel series Up to Speed, and U.K.-based comedy Rev. Netflix (NFLX) has been investing in plenty of original content of its own. [Tech, Consumer]
- Monday 11:36 AM Comcast's (CMCSA +0.2%) Universal Studios ups the ante in its bid to take more market share from Disney's (DIS +0.2%) array of amusement parks with new attractions linked to the highly-popular Harry Potter series of books and movies - as well as debuting rides based on Transformers and Spider-Man. Though Disney says a rising tide lifts all boats in the Orlando market, privately execs fret over the gains Universal has made.
- Monday 8:40 AM Cable giants Bright House Networks, Cablevision (CVC), Cox Communications, Comcast (CMCSA), and Time Warner Cable (TWC) announce that they will allow high-speed Internet customers to share each other's Wi-Fi networks in metropolitan areas as a value-added service. The 50K hotspots under the new CableWiFi banner will attempt to carve out market share from wireless carriers. [Consumer]
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at CNBC.com (Tue, 4:10PM)
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at MarketWatch.com (Thu, 3:18PM)
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at MarketWatch.com (May 9, 2012)
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CMCSA Latest Transcript
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CMCSA Cramer
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Company Description
We are a leading provider of video, high-speed Internet and phone services (“cable services”), offering a variety of entertainment, information and communications services to residential and commercial customers. As of December 31, 2009, our cable systems served approximately 23.6 million video... More