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Stock Market & Financial Investment News

News Breaks
February 12, 2013
09:33 EDTCMCSA, NWSAComcast, Fox announce comprehensive programming agreement
Comcast Corporation (CMCSA) and Fox Networks (NWSA) announced that they have reached an agreement for a new distribution pact to deliver Fox Broadcasting’s and Fox Television Stations’ content to Comcast Xfinity TV customers across televisions, computers, smartphones, tablets, gaming consoles and internet-enabled televisions. The renewal provides video service to nearly 22M Xfinity TV customers of both live and on demand programming from 20 FTS broadcast stations as well as FX, FX Movie Channel, SPEED, FUEL TV, FOX Soccer, National Geographic Channel, Nat Geo Wild, MundoFox, Fox Deportes, and Fox Business Network. Financial terms were not disclosed. However, the companies said the agreement also includes a framework for both companies to continue to collaborate on new multiplatform offerings.
News For CMCSA;NWSA From The Last 14 Days
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September 8, 2014
06:59 EDTCMCSATWC workers to split $416M if Comcast deal falls through, Reuters says
In order to keep employees from leaving while federal regulators mull the final agreement, Time Warner Cable (TWC) workers will split $416M if the company's merger deal with Comcast (CMCSA) does not transpire, according to Reuters, citing a proxy statement. Reference Link
06:20 EDTCMCSADiscovery: Comcast-TWC merger gives unfair advantage, NY Post reports
Discovery (DISCA) said Comcast's (CMCSA) takeover of Time Warner Cable (TWC) could give the combined company an unfair advantage over programmers, reports the New York Post. Discovery said the the company would have an advantage in carriage negotiations and in the advertising realms by refusing to share set-top-box data with programmers. Reference Link
September 5, 2014
06:41 EDTCMCSAFCC head says agency to promote high speed Internet choices, NY Times reports
Stating that fewer than 25% of American homes have access to more than one high speed Internet provider, FCC Chairman Tom Wheeler said the agency would look to promote additional choices in the sector, according to The New York Times. High speed Internet providers include Comcast (CMCSA), Cablevision (CVC), Verizon (VZ), AT&T (T), and Google (GOOG). Reference Link
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