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BUSINESS
August 28, 2014 | By Bob Fernandez, Inquirer Staff Writer
Netflix Inc., Dish Network, and the Los Angeles County government are among organizations opposing Comcast Corp.'s proposed $45 billion acquisition of Time Warner Cable Inc., based on documents filed right up to the midnight Monday deadline with the Federal Communications Commission. Reed Hastings, chief executive officer of the online streamer Netflix, had signaled that the company could oppose a combined Comcast/Time Warner Cable, which would provide more than one-third of U.S. consumers with high-speed Internet service.
BUSINESS
August 27, 2014 | By Bob Fernandez, Inquirer Staff Writer
A flurry of last-minute commenters on Comcast Corp.'s proposed $45 billion acquisition of Time Warner Cable Inc. made Monday's deadline, bringing the docket at the Federal Communications Commission to about 65,000 entries. Sen. Al Franken (D., Minn.), a frequent Comcast critic, wrote in his Monday filing that the agency should reject the deal because it "would threaten innovation and economic activity on the Internet, and it would jeopardize the free flow of information and ideas on which our democracy depends.
BUSINESS
August 26, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
As if college weren't distracting enough - beer, music, job anxiety, coeducation - Drexel University , the University of Delaware , and a handful of New England colleges have cut deals with Comcast Corp. to let dorm-living students watch TV, sports, and movies on their smartphones, laptops, iPads or Android tablets, through its cloud-based Xfinity On Campus service, wherever they go. This is not about education: "It's the lifestyle," John Bielec , chief information officer at Drexel, told me. "And Drexel has a very robust wireless infrastructure that is ideal for delivering this content.
BUSINESS
August 23, 2014 | By Bob Fernandez, Inquirer Staff Writer
Mayor Nutter has organized a diverse national group of 51 mayors who support Comcast Corp.'s proposed $45 billion acquisition of Time Warner Cable Inc., saying the deal would lead to significant economic benefits in the communities, including jobs. The letter was sent to the Federal Communications Commission, and Nutter released a statement on it through his press office Thursday afternoon. Support from its hometown mayor could be a political boost in Washington for Comcast's efforts to acquire Time Warner Cable.
BUSINESS
August 22, 2014 | By Bob Fernandez, Inquirer Staff Writer
Public comments on Comcast Corp.'s proposed $45 billion acquisition of Time Warner Cable Inc. are officially due midnight Monday, though Los Angeles is seeking a two-week extension to Sept. 8 to prepare its remarks. The request was disclosed Wednesday by the Federal Communications Commission. Los Angeles Mayor Eric Garcetti asked for it because the deal's complexity and the summer vacation season are making it difficult to hit Monday's deadline. Time Warner Cable is the largest cable-TV operator in Los Angeles and controls the TV rights to the Los Angeles Dodgers major-league baseball team.
BUSINESS
August 18, 2014 | By Bob Fernandez, Inquirer Staff Writer
On the wall next to her desk in the North Philadelphia nonprofit advocacy group Action United, Dawn Hawkins has posted the saying "Be the kind of woman that when your feet hit the floor each morning, the devil says, 'Oh, crap, she's up.' " It was Hawkins, a 42-year-old single mother from Strawberry Mansion, who was among the first to bring attention to the restrictions in Comcast Corp.'s discounted Internet Essentials program for low-income families...
NEWS
July 29, 2014 | By Jonathan Tamari, Inquirer Washington Bureau
WASHINGTON - Comcast is proud of its philanthropy: It gives millions to help fight cancer, wire computer labs for students, sponsor youth mentoring programs, and more. But as the cable and Internet giant funds worthy causes, it also gives to groups with high-powered supporters who can help, or hurt, its ambitious business plans. When Comcast gave $71,000 to the Philadelphia Police Athletic League last year, for example, it backed an organization where U.S. Rep. Robert Brady (D., Pa.)
BUSINESS
July 24, 2014 | By Bob Fernandez, Inquirer Staff Writer
Comcast Corp. reported solid second-quarter earnings, with revenue climbing modestly at 3.5 percent to $16.8 billion and profit shooting ahead 14.8 percent to $2 billion. The company lost 144,000 TV subscribers - an improvement over the 162,000 lost a year ago - and added 203,000 high-speed Internet customers. Brian L. Roberts, the company's chief executive officer and chairman, said that it was the cable division's best second-quarter performance in six years. Comcast typically loses cable-TV subscribers in the second quarter because of college students' canceling service, and people going on summer vacations to second homes.
NEWS
July 22, 2014 | By Bob Fernandez, Inquirer Staff Writer
One pitch - perhaps the pitch - for Comcast Corp.'s new intern program should be this: Hey, 19-year-olds, spend another summer with Mom and Dad! The cable-TV giant this summer launched a 10-week program for college freshmen who were raised in the Philadelphia region but bolted to study computer science or engineering at top universities in other states. "Home for the Summer" began modestly this year with five interns, a number that is to rise rapidly. Comcast says the program is one of many initiatives meant to invigorate the city's tech economy as the company races toward early 2018.
SPORTS
July 22, 2014 | DAILY NEWS STAFF REPORT
THE SPORTS FAN Base Network (SFBN), an online sports network that began live streaming area high school sports in 2012, will debut a high school sports talk show on The Comcast Network (TCN), according to an SFBN release. Hosted by SFBN executive producer and CEO Ari Bluestein, "SFBN Talks High School Sports" will discuss the top teams in Philadelphia, the surrounding suburbs and South Jersey, and will premiere Aug. 27 at 6 p.m. Bluestein will be joined by various co-hosts and guests throughout the 2014-2015 school year, including top local coaches and high school sports writers.
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