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Comcast has ‘more content than anybody,’ says CFO [Comcast Roundup]

"Comcast's costs are rising as it acquires sports and other content, but it doesn’t plan on slowing down any time soon, its CFO said Tuesday. That's because it intends to secure a wide range of rights to that content, including VOD, SVOD, Internet streaming and more."

Why I’m Quitting Comcast (Again) [PhillyMag] “When my $90 cable and Internet bill arrives each month, I find myself amazed that I pay so much money for such crappy service and crappy entertainment options that I don’t even watch. That’s not only a reflection on you, dearest Comcast; some of the credit also goes to these television execs who think we need more episodes of Big Brother or The Bachelor.”

Comcast taps ‘Internet guy’ to think outside the cable box [Philadelphia Inquirer] “[Marcien Jenkes] has been promoted to executive vice president of consumer services over video, phone, Internet, and home products – a first for the giant profit-making cable division.”

Comcast CFO Talks NBCUniversal’s ‘Monetization Gap,’ Universal’s Changes [Hollywood Reporter] “Michael Angelakis told Goldman Sachs conference attendees that while the costs to acquire content are rising, “we have more content than anybody” — and that its film studio’s performance is turning around. Comcast’s costs are rising as it acquires sports and other content, but it doesn’t plan on slowing down any time soon, its CFO said Tuesday. That’s because it intends to secure a wide range of rights to that content, including VOD, SVOD, Internet streaming and more.”

NBCUniversal Names Comcast’s Marlene Sanchez Dooner EVP Hispanic Enterprises & Content [Deadline] “[Dooner] currently serves as Senior Vice President of Investor Relations at Comcast Corporation and will transition to NBCUniversal in New York at the end of this year.

Companies: Comcast
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