Comcast Net Income Rises 17% [New York Times] “Despite a slowing in the number of customers paying for cable and high-speed Internet subscriptions, Comcast reported a 17.4 percent increase in net income, to $1.44 billion, in the three months that ended March 31. The solid results were partly the result of more expensive cable bills for 72 percent of Comcast’s subscribers.”
Comcast’s NBC Sports moving to Connecticut [Philadelphia Inquirer] “Lured by generous tax credits and modern TV studios, the Comcast Corp.-owned NBC Sports is bailing on 30 Rockefeller Plaza in midtown Manhattan – the most prestigious address in the TV business – after rehabbing and reconfiguring a Clairol hair-products factory for $100 million.”
Here’s Philadelphia Daily News columnist Will Bunch’s take on the matter: “Since this is the Inquirer’s take on the story, I’m a little surprised that the local angle got buried. Because of Comcast’s tangled history with NBC, there were actually a goodly number of NBC Sports jobs here in Philadelphia, many of them linked to the NBC Sports Network Formerly Known As Versus Formerly Known As The Outdoor Life Network Founded A While Back By Comcast. Now most of those jobs — 120 of them, to be exact — are leaving Philly for the natural splendor of the Nutmeg State.”
Comcast’s New Xfinity Wireless Gateway Powers the Nation’s Fastest In-Home WiFi with Unmatched Speeds and Broadest Range [press release]
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