Saturday, January 25, 2020

NBCUNIVERSAL LOOKING HEALTHIER UNDER COMCAST

May 2, 2012 by · Leave a Comment 

It goes without saying that owning the television network that broadcasts the Super Bowl can be beneficial to a company’s financial health during the first quarter of any year. But Comcast’s purchase of NBCUniversal in January 2011 has reaped benefits for the company in other ways as well, pushing its first-quarter profits to $1.224 billion, […]

NBCUNIVERSAL LOOKING HEALTHIER UNDER COMCAST

May 2, 2012 by · Leave a Comment 

It goes without saying that owning the television network that broadcasts the Super Bowl can be beneficial to a company’s financial health during the first quarter of any year. But Comcast’s purchase of NBCUniversal in January 2011 has reaped benefits for the company in other ways as well, pushing its first-quarter profits to $1.224 billion, […]

$EACREST $IGNS DEAL WITH NBC

April 27, 2012 by · Leave a Comment 

All in one week for Ryan Seacrest: a $30-million contract to remain as host of Fox’s American Idol for the next two years; a nearly debilitating case of the flu (or some other ailment that nearly knocked him off Idol for the first time); and now a multifaceted contract with Comcast and NBC that will […]

NBC UNIVERSAL CHIEF LOSES A THIRD OF HIS PAY

April 23, 2012 by · 1 Comment 

NBC Universal CEO Steve Burke had his compensation slashed by more than a third in 2011, according to an SEC filing. Not that the reduction will inspire much distress. Burke wound up the year with $23.7 million versus $34.7 million he received the previous year. Also taking a significant cut in pay was Burke’s boss, […]

COMCAST GIVES OPRAH CHANNEL A NEEDED BOOST

April 2, 2012 by · Leave a Comment 

Giving a much-needed boost to Oprah Winfrey’s struggling cable channel OWN, Comcast will expand the number of homes that it can be received in on its cable systems to 17 million, an increase of 21 percent, the Wall Street Journal reported today (Monday). That will put the channel into a total of 83 million homes, […]

NETFLIX FACING NEW CHALLENGE FROM COMCAST

February 22, 2012 by · 1 Comment 

As if Netflix didn’t have enough problems on its hands, it learned on Tuesday that Comcast, the nation’s largest cable service, plans to launch its own streaming service, offering, like Netflix, mostly TV reruns and older movies. The name for the service — Xfinity Streampix — may not roll off the tongue as easily as […]

EVEN NBC’S BOSS HAS DOUBTS ABOUT SMASH

February 16, 2012 by · Leave a Comment 

NBCUniversal CEO Steve Burke has described as “problematic” the future of NBC’s expensive new entry, Smash. Speaking during a conference call with analysts and reporters on Tuesday, Burke expressed confidence the The Voice would retain its momentum and become one of the network’s biggest hits this season, but then remarked, “I think Smash is more […]

COMCAST EXEC FORECASTS REVIVAL OF NBC, UNIVERSAL

January 6, 2012 by · Leave a Comment 

If it weren’t for its NFL telecasts, NBC would rank dead last among the major networks. Among the six major film studios, its corporate sibling Universal Pictures ranks fifth. But all that apparently hasn’t discouraged its controlling owner, Comcast Corp., whose CFO and vice chairman, Michael Angelakis, told a media conference Thursday that his company […]

REPORT: NFL PUTTING THE SQUEEZE ON NBC

December 2, 2011 by · Leave a Comment 

NBC and the NFL have begun talks aimed at renewing Sunday Night Football, with the NFL making it clear it wants a significant increase in payments, the New York Post reported today (Friday). The current deal calls for NBC to pay the NFL about $600 million yearly for rights to air the Sunday games. According […]

NBC UNDER COMCAST: ITS WOES WORSEN

November 8, 2011 by · 2 Comments 

Despite cleaning out NBC’s old management, increasing the budget for fall shows, and introducing some costly new shows supported by equally costly marketing, Comcast, which now controls the network, not only hasn’t seen ratings for the network improve, it has seen them grow worse, the New York Times observed today (Tuesday). “While every other network […]

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