- Comcast Now #34 Largest Company, Surpassing United Technologies [Forbes] “In the case of Comcast Corp (NASD: CMCSA), the market cap is now $84.71 billion, versus United Technologies Corp. (NYSE: UTX) at $84.11 billion.”
- US Ad Spending Flat, Cable and Hispanic TV Up [CNBC] “Comcast’s spending declined more than 17 percent largely because its movie studio released fewer films.”
- Comcast, Verizon Editorials Distort True Picture of U.S. Internet Service, Experts Say [Huffington Post] “Last month, Comcast chief executive David Cohen wrote in the Philadelphia Inquirer that America has become “a world leader” in broadband access and speed. But the editorials fail to tell the full story about the state of high-speed Internet in America, industry analysts and consumer advocates said. They said that while broadband service in the U.S. has improved, consumers are still paying more for slower speeds than their counterparts in several countries.
Sascha Meinrath, vice president of the New America Foundation, said the editorials appeared to be “part of a well-orchestrated misinformation campaign” to disguise problems in the U.S. broadband market.”
- Comcast should root for Aereo’s legality, analyst says [Los Angeles Times] “Comcast Corp. says Aereo, a company that distributes broadcast programming on the Web, violates its copyrights, but according to often-contrarian analyst Richard Greenfield of BTIG, the cable giant is fighting the tech firm at its own peril.”
- Comcast’s Bonnie Hammer is a force in television [Philadelphia Inquirer] “Comcast Corp.’s queen of cable entertainment, Bonnie Hammer, on the other hand, counsels managers to “fail forward.” Take calculated risks, focus on the brand, and then go for it. “The biggest mistake to me is complacency,” Hammer said in an interview last week in her 21st-floor corner office at 30 Rock.”
Companies:
Aereo
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