Tag Archives: cmcsa

Charter Eyes Bright House Deal; Comcast CFO Leaving

Charter Communications (CHTR) is reportedly nearing a deal to acquire Bright House Networks, while Comcast says its CFO will leave to head an investment startup. Both developments come ahead of Comcast’s (CMCSA) bid for regulatory approval of its acquisition of Time Warner Cable (TWC), which would unite the two largest cable TV companies. Charter stock gapped up 6.5% in early trading in the stock market today, flirting with its all-time high of

Comcast, TWC Deal Delayed; Sets Low-Income Broadband

Comcast (CMCSA) expects regulatory approval of its Time Warner Cable (TWC) acquisition by midyear, later than expected, amid intensified lobbying by consumer groups against the deal. The Federal Communications Commission and Department of Justice are reviewing the merger, which would combine the nation’s two largest cable TV companies. State public utility commissions including California’s also have been drawing up conditions for approval, such

Apple streaming video service a steppingstone to TV set

Apple (AAPL) is preparing to enter the over-the-top Internet television market this year with a multichannel subscription service that would provide an alternative to more expensive cable, satellite and telco TV services. The streaming video service will launch this fall with about 25 channels, including several broadcast networks, the Wall Street Journal reported late Monday. Apple’s service would be available on iOS devices including iPhones, iPads and the Apple TV set-top box. Apple’s service reportedly will include CBS (CBS), Fox (FOXA) and Walt Disney (DIS)-owned ABC broadcast networks. NBC is not part of the subscription programming bundle, but the Comcast (CMCSA)-owned network plans to offer a stand-alone streaming app for Apple TV later this year, 9to5Mac reported Tuesday. Apple is aiming to offer the service for $30 to $40 a month. It likely will announce the service in June and launch it in September, the Journal said. The news follows…