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Comcast Roundup: earnings down thanks to NBC

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 e-mail subscription for our Comcast news updates. DEFINITE READS In its earnings report, Comcast says it saw a dip in second quarter revenues of 8.6 percent thanks to the rising costs […]


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 e-mail subscription for our Comcast news updates.

DEFINITE READS

In its earnings report, Comcast says it saw a dip in second quarter revenues of 8.6 percent thanks to the rising costs of the Comcast NBC-U merger. The cable giant also said that it expected to gain more subscribers in June and July.
Outgrowing its gigantic skyscraper, Comcast has rented 43,000 square feet at the Bell Atlantic Tower. The company has the space until at least 2012 and is said to be looking for more space.

MIGHT BE OF INTEREST

CBS and Comcast have a new redistribution agreement that should expand the OnDemand content offered by CBS. CBS’ shares rose over four percent on the news.
Comcast is demanding payment from local Wilmington community channels. The fees have the potential to drive the stations out of business.
Hulu is mulling an IPO, however many are skeptical as Hulu is still settling on a business model.

GIVE A GLANCE

Comcast continues its 4G roll out in Denver.
One writer muses that we could see a Comcast-NBC theme park after the merger goes through.
When there is just too much Comcast news to follow, the Comcast Roundup will be there every Thursday morning at 8:30 a.m. EST

Companies: CBS / Comcast

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