Multichannel Newswire: Comcast Stock Rises 6% On Strong Q2
Top Stories - August 1, 2013
Comcast Stock Rises 6% On Strong Q2 In what is becoming the cable equivalent of a broken record, Comcast reported yet another strong quarter on Wednesday, improving basic video customer losses, despite an aggressive push by telco competitors in its service territories.more
Burke: NBCU Will Close 'Entitlement Gap' NBC Universal CEO Steve Burke told analysts and investors Wednesday that the company will continue to move towards closing what he called the "entitlement gap," or the disparity between the ad rates and retrans fees the programming giant receives compared to its peers.more
Streaming Gives CBS Earnings A Boost CBS reported record earnings as digital streaming revenue bolstered its broadcasting business. Net earnings totaled $472 million up 11% from $427 million, as revenues grew 11% to $3.7 billion, led by a 22% increase in content licensing.more
TWC Flirts with Google's Chromecast Count Time Warner Cable among those in a growing group that are noodling whether to integrate apps and services with Chromecast, Google's new $35 streaming adapter for TVs.more
