Thursday, February 13, 2014
A lot of chatter today about the surprise (too most of us) announcement that Comcast has struck a deal to buy Time Warner Cable for $45 billion. Wall Street big money guys are thrilled with the deal, but consumers are worried about higher rates and a deep drop in customer service. What’s the impact on Hollywood? Deadline has that. Celebrity […]
Tuesday, November 13, 2012
NBC Universal is showing signs of rising from the ratings cellar, but that has not stopped the cutbacks and layoffs by parent company, Comcast. (Disclosure: I am a former NBC employee). The Internet is buzzing with the latest reports of 500 employees getting the axe throughout the entertainment, news, and cable units. The first story I saw about this was […]
Wednesday, August 22, 2012
More bad labor press for Comcast NBCUniversal. First, a lot of shock and surprise when it came out last week that about 20 staffers got laid off from the highly rated, “The Tonight Show.” Host Jay Leno reportedly was forced to take a pay cut as part of that budget slashing. For the past couple of nights, Leno and his […]
Tuesday, February 21, 2012
The nation’s largest cable company, Comcast, announced a sweeping deal today with four new minority-owned network with some famous names like Earvin “Magic “Johnson, Sean “Diddy”Combs, and filmmaker, Robert Rodriguez. Comcast did not suddenly decide to reach out to minorities. The deal was part of the conditions of last month’s controversial approval by the government of that mega-merger of Comcast/NBC […]
Saturday, January 29, 2011
Comcast completes deal for NBC Universal The largest cable company in the country is now the proud owner of an entertainment giant, NBC Universal. Comcast announced today that its deal to buy 51 per cent of NBC Universal is done. General Electric hangs onto the other 49 percent. Comcast began celebrating before the deal officially closed yesterday. Last Thursday, Comcast sent out a […]
Friday, January 21, 2011
Updated: Saturday, January 22nd, 2011 The sudden departure of Keith Olbermann from MSNBC really has folks talking. There are articles about Olbermann’s exit all over the Internet — and much speculation about what went down — and what soured the relationship between the controversial commentator and the cable network. Some new details from an insider over on Deadline.com. Also, […]
Tuesday, January 18, 2011
Comcast NBC Universal merger almost a done deal It took more than a year, but the Federal Communications Commission and the Department of Justice today gave the thumbs up to that huge Comcast NBC Universal merger today. The mega deal is said to be worth $30 billion. It is expected to be finalized by the end of the month. The Wrap has […]
Thursday, November 18, 2010
Details coming out today about the management structure of the new NBC Universal. The NBC Universal Comcast marriage has not received the approval of the Feds yet, but certain business operations are moving ahead as if it’s a done deal. The new CEO of NBCU, Steve Burke, made the announcement in an internal memo today and it’s posted over on Nikki Finke’s […]