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News Breaks
November 15, 2012
07:41 EDTCMCSA, VZVerizon and Comcast to sell each other's services in new Florida markets
Verizon (VZ) and Comcast (CMCSA) will sell each otherís services in additional markets across Florida including Southwest Florida (Estero, Fort Myers, Port Charlotte, and Naples); Central Florida (Altamonte Springs, Clermont, Inverness, Kissimmee Orlando, and Sebring); and Treasure Coast (Port St. Lucie and Stuart).
News For VZ;CMCSA From The Last 14 Days
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October 13, 2015
11:05 EDTCMCSA'The Walking Dead' premiere number one program on Sunday night, Variety says
The sixth season premier of AMC's (AMCX) "The Walking Dead" saw lower ratings, according to Nielsen, than its 2014 season premiere, though still was the number one most watched program on Sunday night, Variety reports. According to "live plus same-day" estimates from Nielsen, the AMC hit show averaged a 7.3 rating in adults 18-49, lower than its fall 2014 premiere with 8.65 among the same demographic and higher than NBC's (CMCSA) "Sunday Night Football," the report says. Reference Link
October 9, 2015
11:15 EDTCMCSAFly Watch: 'The Martian' again expected to win weekend box office
Fox's (FOX, FOXA) "The Martian," based on the best selling science fiction novel by Andy Weir and starring Matt Damon, is again expected to top the weekend box office with a gross of $30M-$34M in its second weekend at theaters. Sony's (SNE) animated sequel "'Hotel Transylvania 2," which has already grossed almost $94M domestically, is estimated to gross in the range of $21.6M-$23.2M in its third weekend in theaters. Time Warner (TWX) subsidiary Warner Bros.' "Pan," based on classic J.M. Barrie character Peter Pan, is estimated to gross $18.45M-$20M in its opening weekend at over 3,500 theaters. This would be a disappointment for the film, which reportedly cost $150M to make. Warner Bros.' comedy "The Intern," starring Robert DeNiro and Anne Hathaway, is estimated to bring in $7.5M-$7.6M in its third weekend in theaters. Lions Gate's (LGF) drug cartel drama "Sicario," which opened wide last weekend, is expected to take in $6.5M-$7.9M in about 2,620 theaters. Sony subsidiary TriStar's "The Walk," starring Joseph Gordon-Levitt, is expanding beyond its IMAX (IMAX) release to over 2,500 theaters, and is expected to gross $4.7M-$6M. Comcast (CMCSA, CMCSK) subsidiary Universal's "Steve Jobs," directed by Danny Boyle and starring Michael Fassbender and Seth Rogen, is also set to open in limited release at four theaters in New York and Los Angeles.
08:20 EDTCMCSATop quality video content to outperform, says Pacific Crest
Pacific Crest predicts that companies with top quality video content will outperform, taking share from those with mid-range content. It identifies this trend as positive for Netflix, AMC Networks (AMCX), Time Warner (TWX), Disney (DIS), CBS (CBS), and 21st Century Fox (FOXA). According to the firm, this trend is negative for Viacom (VIAB), Scripps Networks (SNI), Discovery (DISCA), and Comcast (CMCSA)
08:14 EDTVZ, CMCSAOutlook for video distributors mixed, says Pacific Crest
Pacific Crest believes that the shift to Internet video will accelerate, likely creating high profits for "the largest and most differentiated" TV distribution players. It identifies current trends as positive for Netflix (NFLX), Google (GOOG, GOOGL) and Apple (AAPL). It predicts that Comcast (CMCSA), DISH (DISH), AT&T (T), Time Warner Cable (TWC), and Verizon (VZ) will be hurt by the current trends.
October 8, 2015
11:38 EDTVZVerizon raises grandfathered unlimited data plans by $20, The Verge reports
Verizon will raise the monthly cost of its grandfathered unlimited data plans by an additional $20 per line to $49.99, reports The Verge. A Verizon spokesperson confirmed the news and said the new rate will apply beginning in November. The change impacts customers who are out of contract. Reference Link
06:36 EDTVZDISH initiated with a Buy at Deutsche Bank
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October 7, 2015
19:34 EDTVZAT&T Mobility CEO says FCC auction unlikely to raise $60B, Re/code reports
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15:14 EDTCMCSAAmazon considering possible online service for live TV, Bloomberg says
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15:00 EDTCMCSAAmazon exploring potential online TV service, Bloomberg says
Amazon (AMZN) is said to have reached out to CBS (CBS) and Comcast's (CMCSA) NBCUniversal about online TV, according to Bloomberg.
08:02 EDTCMCSACiti, NBC's TODAY announce multi-year sponsorship
Citi (C) and NBC's (CMCSA) TODAY announced the Citi Concert Series on TODAY, to provide year-round opportunities for millions of Citi customers, TODAY viewers and fans to enjoy live performances by their favorite artists. This new multi-year sponsorship brings together Citi's and TODAY's decades of experience in live entertainment working with thousands of chart-topping artists.
05:58 EDTCMCSAHulu renews, expands programming deal with Viacom, Deadline Hollywood says
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October 6, 2015
18:20 EDTVZVerizon to merge existing ad programs into AOL advertising network
Verizon announced that, starting in November, the company will combine its existing advertising programs -- Relevant Mobile Advertising and Verizon Selects -- into the AOL Advertising Network. The programs use online and device identifiers, including AOL browser cookies and Verizon's "Unique Identifier Header." When the Verizon and AOL programs are combined, the Verizon identifier will be inserted in certain web traffic that is then sent to Verizon companies and to certain partners, the company explained. Reference Link
October 5, 2015
19:04 EDTVZSony, Verizon cancel plans for Xperia Z4v smartphone in U.S., Verge says
Sony (SNE) and Verizon (VZ) have cancelled plans to launch the Xperia Z4v smartphone in the U.S., reports The Verge, citing spokesperson statements. "Sony is a strategic partner as we continue having ongoing discussions together as part of our future portfolio," remarked Verizon, while Sony itself stated that it "remains dedicated" to the U.S. market, the report adds. Reference Link
07:45 EDTVZJuniper upgraded on positive checks at Stifel
As noted earlier, Stifel upgraded Juniper (JNPR) to Buy from Hold. The firm says that its checks show that the company's routers have "strong traction...with webscale customers." The firm adds that the company's dependency on Verizon (VZ) and AT&T (T) appears to be declining, while its checks on Juniper's new products have been positive. Target $32.
October 2, 2015
12:02 EDTVZFrontier Communications, IBEW AFL-CIO reach agreement in Florida
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September 30, 2015
17:53 EDTCMCSANBCUniversal reaches advertising deal with YouTube, WSJ says
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13:33 EDTCMCSAFCC review of Charter-TWC deal likely to extend into 1Q16, CTFN says
The FCC's review of Charter Communications' (CHTR) proposed merger with Time Warner Cable (TWC) and Bright House Networks will likely extend into the first quarter of 2016 and could take even longer, CTFN reports, citing an attorney who often deals with telecom issues before the FCC. "...It is virtually impossible for the FCC to complete its review and adopt an order approving the license transfer before 1Q16 and, in my opinion, even getting it done before April 1 is a stretch," Barbara Esbin, a partner at law firm Cinnamon Mueller, told CTFN in an email. Esbin also said that the merger "appears to have drawn none of the heavy flack that felled Comcast (CMCSA)-TWC," a proposal that was nixed by the FCC and DOJ earlier this year, the report says. California utility regulators are also preparing for their own review of the deal since it will particularly effect the southern half of the state, the report says. Reference Link
11:31 EDTVZOn Track Innovations files patent infringement lawsuits against AT&T, Verizon
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10:50 EDTVZAT&T, Verizon could find it hard to sell enterprise businesses, CTFN says
The wireline units of AT&T (T) and Verizon (VZ) that serve corporate customers may be viewed as good units to sell if the companies need to raise cash to help defray spectrum acquisition costs, but a small number of potential buyers and low EBITDA multiples for the units could make any such divestitures challenging, contended CTFN. Level 3 (LVLT) could be seen as a potentially interested buyer, but a source within the company told CTFN that purchasing units that are part of other companies, known as a "carve out," doesn't match the company's usual M&A strategy. Reference Link
09:31 EDTVZVerizon Ventures partners with Grand Central Tech
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