Keyword: Comcast

  • NBCUniversal to enter streaming service market
    NBCUniversal to enter streaming service market
    1/14

    Mass media conglomerate NBCUniversal Media LLC, owned by Comcast Corp., said on Monday it will start its own subscription-based streaming service at the beginning of 2020.

    The service will have an ad-free and an ad-supported vers...

  • Trump: Courts should tackle NBC, Dem spins
    Trump: Courts should tackle NBC, Dem spins
    12/16/2018

    United States President Donald Trump raised on Twitter on Sunday the issue of potential "collusion" of media organizations and the Democratic Party. He singled out NBC, which is controlled by Comcast Corp.

    "A REAL ...

  • Sky: Comcast provided governance guarantees
    Sky: Comcast provided governance guarantees
    12/5/2018

    A new so-called deed poll secures "the continued operation and long-term funding of an editorially independent Sky News, its holding Sky Ltd. said on Wednesday. The company, which was acquired by Comcast Corp. from the United States...

  • Trump hints at Comcast's possible anti-trust violations
    Trump hints at Comcast's possible anti-trust violations
    11/12/2018

    United States President Donald Trump noted on Monday that the American Cable Association is having issues with telecommunications conglomerate Comcast because of its alleged breach of anti-trust regulations. Trump also cited a Fox Busine...

  • Comcast reports revenue at $22.1B in Q3, up 5% YoY
    Comcast reports revenue at $22.1B in Q3, up 5% YoY
    10/25/2018

    American telecommunications giant Comcast Corporation reported on Thursday its revenue for the third quarter of 2018 stood at $22.1 billion, improving 5% compared to the same period a year ago. Meanwhile, the company said its earnings pe...

  • Comcast completes 21st Century Fox's Sky purchase
    Comcast completes 21st Century Fox's Sky purchase
    10/9/2018

    American telecommunications giant Comcast completed on Tuesday its purchase of Sky shares from 21st Century Fox, media reported. The company acquired Fox's 39% stake of the British firm Sky for £11.6 billion.

    Last week,...

  • Comcast buys Fox's stake in Sky for £11.6B
    Comcast buys Fox's stake in Sky for £11.6B
    10/4/2018

    Comcast Corp. said in a regulatory filing on Thursday that it reached a deal with 21st Century Fox to buy its 39% stake in Sky plc in a deal worth £11.6 billion.

    According to the agreement, the American broadcasting giant w...

  • Fox intends to sell its 39% holding in Sky to Comcast
    Fox intends to sell its 39% holding in Sky to Comcast
    9/26/2018

    After Sky Plc accepted Comcast Corp.'s higher offer for a takeover, Twenty-First Century Fox Inc. said on Wednesday that it accepts the outcome. The company run by the family of Rupert Murdoch revealed it intends, with the consent of...

  • Sky accepts Comcast's $39 billion takeover offer
    Sky accepts Comcast's $39 billion takeover offer
    9/24/2018

    The British media and telecommunications company Sky announced on Monday it accepted a $39 billion takeover offer presented over the weekend by the American conglomerate Comcast. ...

  • Takeover Panel: Comcast tops Fox's bid for Sky
    Takeover Panel: Comcast tops Fox's bid for Sky
    9/22/2018

    In the blind auction for Sky Plc, Comcast Corp. placed a higher offer than Twenty-First Century Fox Inc. The winner in the process came on top on Saturday with £17.28 per share, valuing the broadcaster at nearly £30.5 billion...

  • DoJ opposes AT&T-Time Warner merger as hint to Comcast - report
    DoJ opposes AT&T-Time Warner merger as hint to Comcast - report
    9/21/2018

    The United States Department of Justice (DoJ) wants to warn Comcast Corp. against growing through mergers by opposing the acquisition deal between AT&T Inc. and Warner Media LLC, a source from the department told Fox Business.

    ...
  • UK: Sky to be auctioned as race has lasted too long
    UK: Sky to be auctioned as race has lasted too long
    9/20/2018

    Sky Plc agreed to an auction for the purchase of its equity, and so did prospective investors Twenty-First Century Fox Inc., Walt Disney Co. acting in concert with Rupert Murdoch's empire, and Comcast Corp. The announcement was publi...

  • Fox postpones deadline for Sky until October 6
    Fox postpones deadline for Sky until October 6
    9/17/2018

    Twenty-First Century Fox Inc. said on Monday that the acceptance period for the bid of £14 per share in Sky Plc would be extended, while the deadline set by Britain's Panel on Takeovers and Mergers for an improvement in the off...

  • Elliott wanted £15.01 per Sky share from Disney
    Elliott wanted £15.01 per Sky share from Disney
    8/29/2018

    The United Kingdom's Panel on Takeovers and Mergers revealed on Wednesday that a group of shareholders in Sky Plc led by Elliott Management Corp. has estimated the chain principle implied a price of £15.01 per share in the comp...

  • British regulators order £14-per-share floor for Sky
    British regulators order £14-per-share floor for Sky
    8/16/2018

    The United Kingdom's Panel on Takeovers and Mergers told Walt Disney Co. the minimum price for Sky Plc, if the American company succeeds in buying Twenty-First Century Fox Inc., is £14 a share.

    The ruling published on T...

  • Comcast posts revenue at $21.7B in Q2, up 2.1% YoY
    Comcast posts revenue at $21.7B in Q2, up 2.1% YoY
    7/26/2018

    American global telecommunications giant Comcast Corporation reported on Thursday its revenue for the second quarter of the fiscal year 2018 stood at $21.7 billion, below market expectations despite the rise of 2.1% year on year. The com...

  • Trump blasts FCC for not approving Sinclair, Tribune merger
    Trump blasts FCC for not approving Sinclair, Tribune merger
    7/25/2018

    United States President Donald Trump criticized on Twitter the decision made by the Federal Communications Commission (FCC) not to allow Sinclair Broadcast Group Inc to buy Tribun...

  • Comcast gives up on bid for Fox leaving Disney as only contender
    Comcast gives up on bid for Fox leaving Disney as only contender
    7/19/2018

    Comcast announced on Thursday it has decided to give up on its pursuit to acquire 21st Century Fox assets and congratulated Walt Disney which is now set to complete the merger with Fox. "Comcast does not intend to pursue further the...

  • Comcast not likely to increase Fox bid
    Comcast not likely to increase Fox bid
    7/16/2018

    Comcast Corp. is not likely to raise its bid for Twenty-First Century Fox's movie and television assets, CNBC reported on Monday. Instead, the company wants to focus on acquiring Sky, currently 39% owned by Fox.

    Last week Com...

  • UK watchdog sets £14 minimum for Sky shares
    UK watchdog sets £14 minimum for Sky shares
    7/13/2018

    The United Kingdom's Panel on Takeovers and Mergers told Walt Disney Co. its attempt to buy Twenty-First Century Fox Inc. must include a minimum price of £14 a share for Sky Plc if the transaction completes first. The entertain...