Netflix CEO Reed Hastings's plan to take on traditional media may sound like a long shot, but his strategy keeps working, the NYT reports.» Read More
*Comcast says USJ enterprise value at $6.2 bln. Propelled by the huge popularity of Harry Potter attractions, its Universal Studios parks have become a core growth business for Comcast, which saw its $45 billion bid for Time Warner Cable Inc fail on antitrust concerns this year. Comcast, which owns Universal Studios and Universal Theme Parks through its...
Comcast says USJ enterprise value at $6.2 bln. Comcast, which owns Universal Studios through its NBCUniversal unit, said Goldman Sachs and other current owners of USJ Co, the holding company for the theme park operator, will remain as minority shareholders. The deal gives USJ an enterprise value of $6.2 billion, Comcast said.
Comcast, which owns Universal Studios through its NBCUniversal unit, has been in talks to purchase a controlling stake from Goldman Sachs and other owners of USJ Co, the holding company for the theme park operator, sources familiar with the matter have said. The Wall Street Journal, which first reported the talks, said the deal with Comcast could value USJ at $6...
TOKYO, Sept 28- U.S. cable company Comcast Corp will announce plans to buy a stake in Japanese theme park operator USJ Co at a news conference scheduled later on Monday, Kyodo News reported. The Wall Street Journal reported earlier this month the owners of Universal Studios Japan, including Goldman Sachs Group Inc, were in talks to sell a stake to Comcast's...
Roberts, who served as the company's chairman emeritus, founded Comcast when he bought a small cable system in Mississippi in 1963.
The "Squawk Box" news team breaks down Comcast's quarterly results of $0.79 adj. EPS on revenues of $17.853 billion.
CNBC's David Faber reports Charter Communications is interested in continuing its "halted pursuit" of Time Warner Cable.
AG Eric Holder signed off on the lawsuit against Comcast-TWC, reports CNBC's Eamon Javers.
The "Squawk on the Street" crew discuss the future of delivering content on the heels of Comcast's decision to walk away from its bid for Time Warner Cable.
CNBC's Jim Cramer explains why he is shocked to hear of the termination of Comcast's bid for Time Warner Cable.
Brian Roberts, Comcast chairman & CEO, discusses the decision to terminate its bid for Time Warner Cable. We have to move on, says Roberts.
The "Squawk Box" crew discuss Comcast's announcement it will drop its bid for Time Warner Cable.
I think the government is going to want something very substantial, says Richard Greenfield, BTIG analyst, providing his thoughts on the upcoming meeting between Justice officials and Comcast and Time Warner Cable.
The FCC's net neutrality regulations heat up the debate between Internet companies and Internet service providers.
Comcast's $45 billion deal for Time Warner Cable would create a monopoly, Netflix CEO Reed Hastings told CNBC.
Anyone who attended the groundbreaking D: All Things Digital conferences in the past will recognize the high-powered lineup of senior executives.
The CEO of CNBC-parent Comcast says the proposed merger with Time Warner Cable would help ignite innovation and scale in the cable industry.
There has been a rush to judgment in the media that I think is premature, says Brian Roberts, Comcast chairman and CEO, discussing net neutrality rules.
CNBC's David Faber speaks to Brian Roberts, Comcast chairman and CEO, about Comcast's transaction with Charter Communications and how it will help the merger with Time Warner. Roberts also comments on Netflix CEO Reed Hastings' objection to the deal.
Amy Yong, Macquarie Research, discusses how the $44 billion deal for Comcast to acquire Time Warner Cable will likely impact the sector.