Comcast and Time Warner Cable have entered negotiations to sell cable assets worth up $20 billion to Charter Communications in a deal aimed to allay Washington's concerns about their proposed merger.» Read More
Today Federal Communications Chairman Julius Genachowski laid out plans to establish the FCC's authority to regulate broadband. Genachowski wants to ensure an "open Internet" and prohibit "unreasonable discrimination" by broadband providers against certain websites. He's not issuing laws or mandating so-called net neutrality today -- at this point he's simply looking to secure the commission's direct authority.
The head of the Federal Communications Commission is pledging to apply only narrow regulations to high-speed Internet access to ensure the agency has adequate authority to govern broadband providers without adopting heavy-handed rules.
The FCC is set to announce whether they will allow cable companies to price according to bandwidth. This would benefit subscribers, but not the cable companies themselves.
Time Warner's stock is trading near an 18 month closing high ahead of its quarterly earnings report tomorrow morning.
Discovery Communications reported 42 percent higher quarterly profit of 39 cents per share, a nickel higher than analyst expectations. The company reported 8 percent higher revenue of $879 million, and raised its full-year outlook.
What follows is a roundup of corporate earnings reports for Thursday, April 29.
Time Warner Cable's stock added over seven and a half percent Thursday on higher subscriber numbers for all three of its services: home Internet, home phone, and digital cable. The company earned 60 cents a share, up from 48 cents in the year-earlier period.
Better subscriber numbers, higher revenue per subscriber, and higher advertising helped Comcast beat Wall Street expectations.
Wednesday morning before the bell Comcast will be the first of the media giants to report its quarterly earnings.
DISH Network has been largely trading sideways since early March, but options are positioning for shares to rally in the next month.
The FCC took a major hit in the net neutrality war this week, as a court ruling has determined companies can control internet usage on their pipes. So what's next for the FCC?
The Lightning Round is extended in this CNBC.com exclusive feature.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Verizon has invested $29 billion to bring its FIOS Internet and TV service to 18 million homes, and now it's announced it's not going any further.
All eyes are on the U.S. for upcoming jobless numbers for more market movement, said Sean Fenton, portfolio manager at Tribeca Investment Partners. He shared his best investment plays.
Cable providers and content creators are battling over fees and consumers are bearing the brunt of it. Now the FCC is considering getting involved.
Fifteen minutes into the Academy Award presentation, Cablevision and WABC announced that they've finally made enough progress to put the show on the air.
"The Hurt Locker" is the lowest grossing film to ever win best picture and Kathryn Bigelow is the first woman to win 'Best Director.'
As Chairman of the Commerce Subcommittee on Communications, Technology and the Internet, he just weighed in on Cablevision and WABC's negotiations that could leave 3.1 Cablevision customers without ABC's Oscars broadcast on Sunday.
Disney's ABC and Cablevision are battling over fees, and now Cablevision subscribers in the tri-state area may not get to watch the Oscars on Friday night.