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BUSINESS
November 14, 2011
Steven D. Higgins and Thomas Nerney have been named to the board of Main Line Health Inc. , a nonprofit health system in Radnor. Higgins is managing director, strategic advisory and financial sponsors coverage at Janney Montgomery Scott L.L.C. Nerney is chairman, president, and chief executive officer for United States Liability Insurance Group. Business Leaders Organized for Catholic Schools , a Philadelphia nonprofit fund-raising group, has named the following officers and members to its board: Michael G. O'Neill , CEO and founder of Preferred Unlimited Inc., Conshohocken, is chairman.
BUSINESS
October 25, 2011 | By Bob Fernandez, Inquirer Staff Writer
Connecticut Gov. Dannel P. Malloy is expected to announce on Tuesday that NBC Sports will consolidate its Philadelphia and New York operations into Stamford. Consolidating the Comcast Corp. regional sports headquarters and the Versus cable operations could cost Philadelphia more than 100 jobs, according to estimates. Operations for the local Comcast SportsNet, which airs the Phillies, Flyers, and Sixers games, are expected to remain in the city. NBCUniversal officials declined to comment and Malloy has scheduled a news conference at 11 a.m., with announcement headlined: "Gov.
NEWS
October 16, 2011 | By Jonathan Storm, Inquirer Columnist
The Peacock is looking like a bedraggled starling at the start of its first fall TV season in Comcast's nest. Three weeks in, overall viewership, according to the Nielsen Co., is up at CBS and Fox, and down less than 1 percent at ABC, vs. year-ago numbers. But at NBC, it's down 6 percent. More ominous: Despite a new entertainment boss and a large bump in spending on program development, NBC has seen the average viewership of its five new series drop a stunning 28 percent from levels achieved by last year's five new series in the first three weeks of the season.
NEWS
August 3, 2011 | By Bob Fernandez, Inquirer Staff Writer
The Universal theme park in Florida with its popular Harry Potter attraction and the high-grossing box-office blockbuster Fast and Furious 5 helped boost Comcast Corp.'s pro forma second-quarter revenue by 9.4 percent. The Philadelphia-based company lost fewer cable-TV subscribers during this year's second quarter than the last year's - 238,000 compared with 265,000 - and added more high-speed Internet customers, which has been a focus of growth for Comcast. The company added 144,000 Internet customers compared with 118,000 added in the year-ago quarter.
BUSINESS
August 1, 2011 | By Bob Fernandez, Inquirer Staff Writer
Versus is history. NBCUniversal announced Monday that it is renaming Versus, Comcast's ratings-challenged 24-hour sports channel, the NBC Sports Network in January 2012.. Versus has had major operations at the Comcast Center in Philadelphia but is now under the control of NBC Sports in New York. The goal of the Versus name change - and other changes expected to be announced in the coming months - is to make the sports channel more popular with fans so that Comcast can charge higher per-subscriber fees for it. As part of the overhaul, NBC says the cable channel's broadcasting style and presentation will parallel that of NBC Sports' by emphasizing storytelling and profiles of athletes.
BUSINESS
July 27, 2011 | By Bob Fernandez, Inquirer Staff Writer
Comcast Corp. is moving to earn money off its popular video-on-demand service by "dynamically" inserting advertisements into TV reruns. NBCUniversal, which is controlled by Comcast, is the first programmer to agree to a deal. Comcast executive Marcien Jenckes said Tuesday that negotiations with other TV networks were "very far along" because the new ad-insertion technology would allow them to earn new revenue on existing TV shows. Until now, networks could change advertisements on VOD shows, but only monthly.
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