Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an email subscription for our weekly Comcast roundup or other news updates.
- 5 charged, others sought in scheme to bilk Comcast [Philadelphia Inquirer] “Five men have been arrested and police are seeking 18 others in an elaborate scheme to bilk Comcast Corp. out of $2.4 million by selling discounted cable services for a fee, officials in Montgomery County said Tuesday.”
- Here is what you should know about Comcast’s results [NASDAQ] “Despite losing 176,000 net pay-TV subscribers, Comcast did better compared to Q2 2011 losses which implies that trend is improving for the company. What is further interesting to note is that Comcast now has close to 21 million digital TV subscribers implying that close to 95% of its pay-TV subscriber base is on digital platform.”
- Verizon, Comcast Said to Face U.S. Demands on Deal [Bloomberg Business Week] “Federal officials are seeking to limit the time that Verizon and the cable companies could jointly develop new products and services and withhold them from competitors, the people said. The transaction proposed in December for the cable companies’ unused spectrum also includes joint marketing and development agreements.”
- Comcast’s NBC could profit from Olympics [MSN Money] Last week, we reported the opposite.
- Comcast posts solid profits despite torpedoed Battleship [Philadelphia Inquirer]
- What Regime Change at Universal Could Mean for Meyer, Snider and Spielberg [Hollywood Reporter] “It’s not exactly a sure thing that Comcast is ready for regime change at Universal Studios — company sources insist no action is imminent — but many in Hollywood expect that the cable giant must be moving, however glacially, toward reshuffling duties at a unit that has remained essentially untouched since the acquisition of NBC Universal closed in January 2011.”
- Ad Executive Makes Leap to Comcast’s El Rey Network [New York Times]