Comcast Corp

Biogen, which is an American multinational biotechnology company, was the S&P 500’s top loss on June 18.

In this series, we’ll look at what Trump’s win means for the media sector. We’ll also look at how the possibility of a change in net neutrality regulations could affect media companies.

Comcast (CMCSA) expects capex as a percentage of revenues to continue to be flat at 15% for Comcast Cable in 2016.

ESPN had 381 million subscribers at the end of fiscal 2013 and 364 million at the end of fiscal 2014, a loss of 4.4% in one year.

Last month, Twitter (TWTR) announced it would partner with 30 companies to bring original shows to its platform.

Media giant Comcast (CMCSA) is reportedly getting ready to make an all-cash offer to acquire most of the assets of 21st Century Fox (FOXA).

Despite lower viewership, Comcast has already reached the milestone of $1.2 billion in advertising sales for the Rio Olympics.

In the telecom world, 5G (fifth-generation) is generating a lot of hype, as it could provide 10x–100x faster wireless speeds than 4G.

On March 8, 2016, the Wall Street Journal reported that Comcast and the YES Network were locked in a dispute regarding the carriage fee for the YES Network.

In the week ending August 8, weekly investment-grade bond (LQD) issuance surged by 222%, week-over-week to come in at $24.975 billion over 19 deals. Issuance was driven by refinancing older and costlier debt, acquisition related financing, share-repurchases, and other general corporate purposes.

In the fiscal third quarter, Disney’s Parks and Resorts segment reported revenues of $5.2 billion.

On August 17, Liberty Interactive announced its acquisition of Zulily for $2.4 billion. It will purchase all of Zulily’s outstanding shares for $18.75 per share.

Due to the coverage of the US presidential elections this year, 21st Century Fox (FOXA) expects substantial advertising revenue from Fox News.

Fox posted a net profit of $920.0 million on revenues of $7.9 billion in its fiscal fourth quarter, which ended in June.

Media companies have started focusing on producing original programming. CBS (CBS) is also increasingly concentrating on original programming.

On January 3, Frontier Communications (FTR) had “buy” ratings from one out of 13 analysts and “hold” ratings from six analysts.

As Frontier offered faster speeds and new offers, the company’s broadband net additions improved sequentially in the California, Texas, and Florida (or CTF) markets during 2Q17.

Charter posted second-quarter results on July 31 before the market opened. The company delivered better-than-expected earnings and revenues.

Regulators have reshaped the Disney-Fox deal to the point that investors may be asking whether Walt Disney (DIS) is still getting what it wanted when it bought most of 21st Century Fox’s (FOX) assets for $71.3 billion last year.

Dish Network’s (DISH) streaming television service, Sling TV, turned three on January 5.

The net neutrality principle is a subject of ongoing debate. Net neutrality rules say that all Internet traffic should be treated equally.

According to Nielsen, Stranger Things averaged 8.8 million viewers per episode. The first episode was watched by 15.8 million viewers between the ages of 18 and 49.

On March 8, Netflix (NFLX) stock fell 0.9% to $349.60 after Buckingham Research downgraded its rating from “buy” to “neutral.”

Twitter (TWTR) announced it will be closing its TV apps on streaming devices Roku (ROKU), Xbox, and Android TV as of May 24.

Dish Network (DISH) has filed an application with the FCC to participate as a potential spectrum bidder.

Leading cable and media conglomerate Comcast (CMCSA) is set to release its 4Q17 earnings results before the market opens on January 24, 2018.

On October 28, 2016, Dish Network’s (DISH) stock was trading at $57.38. The stock was trading 0.7% above its 20-day moving average of $57.

FOXA believes that its “ability to create, own and monetize hit content” for its television segment will drive long-term value for its shareholders.

CBS made a profit of $561 million on revenue of $4.0 billion in the fourth quarter.

Frontier’s capital expenditure Telecommunication services is a highly competitive industry, with multiple operators offering similar voice, data and video offerings. Given the limited opportunities to expand organic margins, emphasis on strategic services, product innovation, and expansion may require increased capital expenditure. Let’s take a closer look at Frontier Communications (FTR), which continues to increase capex to […]

As of May 24, Charter Communications (CHTR) had a market capitalization of $84.4 billion.

Viacom’s (VIAB) affiliate revenue business, part of its media networks segment, fell 1% YoY (year-over-year) to $1.2 billion in fiscal 4Q17.

In September 2016, Comcast’s (CMCSA) NBCUniversal announced an agreement with Time Warner’s (TWX) Warner Bros. This agreement covers television distribution rights in the US for all movies in J.K. Rowling’s Wizarding World franchise.

Netflix is the most popular service, with 49% of OTT subscribers. Amazon ranks second to Netflix when it comes to subscribers for its streaming video (or OTT) service.

Of the 30 analysts covering Charter Communications’ (CHTR) stock, 67% recommend “buy,” 30% recommend “hold,” and the remaining 3% recommend “sell.”

Comcast (CMCSA) and Twenty-First Century Fox (FOX) (FOXA) have put in competing proposals to take over Sky, a European pay-TV group.

Analysts remain optimistic about Disney Of the 32 analysts covering Disney (DIS), 18 analysts have rated the stock a “buy,” 12 analysts have rated it a “hold,” and only two analysts have rated the stock a “sell.” Analysts have set a stock price target of $117.44 for Disney, with a median target price of $124. […]

Comcast (CMCSA) stock fell 6.0% on September 24 and closed trading at $35.63.

In this article, we’ll discuss the overall regulatory environment in relation to net neutrality, business data services (or BDS), and privacy.

Frontier (FTR) reported customer revenues of $2.03 billion in the fourth quarter, almost flat from the year-ago quarter.

Walt Disney (DIS) recently won the endorsement of two influential proxy advisers for its $71.3 billion deal for the media and entertainment assets of Twenty-First Century Fox (FOXA).

Dish Network (DISH) has a forward EV-to-EBITDA multiple of 13.5x and a PE multiple of 23.8x.

During the Deutsche Bank Media, Internet, & Telecom Conference, John J. Stephens talked about AT&T’s domestic video component after the DIRECTV merger.

In fiscal 2Q18, the success of Marvel’s Black Panther drove Disney’s Studio Entertainment segment’s revenues by a whopping 21.0% YoY.

Media companies like Time Warner (TWX) derive their revenues primarily from affiliate fees and advertising.

Charter Communications’ (CHTR) closing price on March 19 was $360.45 per share.

On August 26, 2016, Dish Network’s (DISH) stock was trading at $48.84. The stock was trading 4.2% below its 20-day moving average of $51.

On September 6, 2016, Comcast’s stock was trading 0.9% below its 20-day moving average of $67 and 0.5% above its 50-day moving average of $66.

In the first three quarters of 2014, Verizon’s Global Enterprise revenues declined by ~4.2%. They’re expected to decline by ~4% year-over-year in 2014.

On March 13, 2017, Dish Network (DISH) stock was trading at $62.05, 0.08% above its 20-day moving average of $62, 1.7% above its 50-day moving average of $61.

On April 19, Bloomberg reported, citing Verizon Communications’ (VZ) CEO, Lowell McAdam, that Verizon is open to merger discussions with either Comcast (CMCSA), The Walt Disney Company (DIS), or CBS (CBS).

On June 27, 2017, Time Warner (TWX) stock closed at $99.31. It’s trading at 1.3% above its 100-day moving average of $98.

21st Century Fox’s Filmed Entertainment segment performed well in the last two quarters. The segment’s revenue grew by 5% year-over-year to $2.4 billion in 3Q15.

The rationale for investing in Time Warner Cable could involve its growing subscriber base, which was lagging until last quarter, and the speculation over a deal with Charter Communications.

The world’s largest video streaming service provider, Netflix (NFLX), announced impressive first-quarter results after the closing bell on April 16.

In February, Comcast agreed to buy Time Warner Cable for ~$45.2 billion. This deal will create the largest cable provider in the U.S.

For a period of one week in June, Sprint (S) offered an aggressively priced unlimited wireless plan.

AT&T placed a $76.0 million bid in the Mexico spectrum auction. The spectrum AT&T is buying in Mexico is suited for 5G mobile networks.

In 3Q17, Comcast’s Business Services segment generated revenues of $1.6 billion, which rose 12.6% year-over-year.

Earlier this year, Apple said it will be spending a whopping $1 billion on original content over the next couple of years.

Comcast is increasingly focusing on its Business Services segment, which has three growth engines: small business, mid-sized business, and enterprise.

Discovery Communications (DISCA) stock closed at $23.73 on August 4. The stock’s price has fallen 9.8% in the past one-year period.

Charter is a $20 billion market cap company. Time Warner Cable is a $51 billion company. Mergers in which a small company buys a larger company are invariably dicier.

Like other companies, Comcast is aiming to grab a share of the programmatic advertising market. The programmatic advertising market in the United States is quickly approaching $9 billion.

On March 28, 2017, Comcast’s (CMCSA) stock closed at $37.09. The company’s stock has risen 7.4% YTD (year-to-date).

AT&T GigaPower is a fiber-based, high-speed Internet service for consumers and businesses. With the DIRECTV transaction, the service will be expanded to reach 2 million additional customers.

Of the 26 analysts covering Dish Network (DISH), 13 have given it a “buy” recommendation, and eight have given it a “hold.”

Out of the 43 analysts covering Netflix (NFLX), 26 analysts have given it a “buy.”

An arbitrator ordered 21st Century Fox (FOX) to pay $179 million in damages to actors and producers of the drama series Bones.

Comcast’s (CMCSA) high-speed Internet business had revenues of $3.2 billion in 4Q15, a growth of 9.8% over 4Q14. High-speed Internet was a major contributor to revenue growth.

Amazon’s (AMZN) Amazon Web Service (or AWS) announced on Tuesday, January 16, 2018, that media giant Comcast (CMCSA) has made AWS its preferred public cloud provider.

Comcast (CMCSA) continues to expect Comcast Cable’s capex (capital expenditure) as a percentage of revenue to be flat at 15% in 2016.

Discovery Communications (DISCA) has recently struck carriage deals to put more of its channels in front of ~22.3 million online video consumers.

Discovery recorded a 51% YoY increase in revenue to $2.8 billion in the fourth quarter.

Verizon is managing the secular challenges of the pay-TV space by focusing on its broadband offering in FiOS.

Viacom, despite being undervalued by analysts, is expected to see growth from its media networks segment especially with its digital partnership deals.

After the approval of the Cablevision transaction by the New York Public Service Commission, Moody’s Investors Service cut Cablevision’s Corporate Family Rating from Ba2 to B1.

In September 2016, National Amusements asked CBS and Viacom to explore a merger. Merger talks would be called off just a few months later.

CenturyLink continues to invest in its network to boost fiber-optic connectivity as well as to provide enhanced speeds.

In 3Q17, Garmin’s (GRMN) effective tax rate was 20.8% compared to 16.5% in the same period last year.

Analyst Craig Moffett believes that AT&T has an 80% chance of prevailing in court in its proposed merger with Time Warner.

The CBD market is growing, and acquisitions are heating up. Real Brands is a top, under-the-radar investment candidate that should be on your radar.

In July 2014, Verizon introduced an innovative service called Speed Match, which allows customers to receive upload speeds that match their download speeds.

As per a report from Reuters, Comcast (CMCSA) is eyeing some of the media and entertainment assets of 21st Century Fox (FOXA), threatening Disney’s (DIS) bid for those assets.

Verizon (VZ) is significantly increasing its use of Amazon’s (AMZN) cloud, with plans to migrate more applications to Amazon Web Services.

Walt Disney’s (DIS) Theme Parks business posted strong performance results in the three months ending December 2017 (the company’s fiscal 1Q18).

Disney’s media division has remained its largest source of revenue. For fiscal 2013, revenues from Media Networks increased 5%, to $20.4 billion.

The Walt Disney Company and Comcast spent the better part of the first half of 2018 fighting over 21st Century Fox.

On October 15, Walt Disney (DIS) announced that it had offered concessions to the European Commission on October 12 to help resolve the European Union’s (EZU) antitrust concerns.

Netflix (NFLX) stock rose 3.7% on June 10 on news that the company is pursuing a stock split. It would increase the number of shares 30 times, from 170 million to 5 billion.

For about six years, Sprint (S) waged courtroom battles with Cox Communications, but the companies recently settled their differences and subsequently entered a multiyear business deal.

While Charter has openly and aggressively pursued Time Warner, any deal would likely be difficult to execute and fraught with risks.

Recently, AT&T announced that its GigaPower service has exceeded expectations in Austin and will soon start deploying in Dallas and North Carolina.

Comcast’s (CMCSA) Theme Parks business was a star performer in 4Q17, with revenue growth accelerating over the previous quarter.

FiOS Quantum provides high Internet speeds ranging from 50 to 500 Mbps. To date, 57% of FiOS customers have adopted the Quantum

U-Verse and strategic business services have been the main growth areas for AT&T’s wireline business, offset by the declines in legacy voice and data products. AT&T’s U-Verse broadband and TV business both are showing strong growth.

AT&T has also been able to grow its U-Verse TV subscriber base. AT&T’s subscriber base has increased from 5.0 million in 2Q13 to 5.9 million in 2Q14.

The US Justice Department filed a lawsuit to block AT&T from acquiring Time Warner in November 2017.

The telecom company is managing the challenges of the pay-TV market by concentrating on its Fios Internet offering.

After a period of contentious and closely watched negotiations, Walt Disney (DIS) and Altice USA (ATUS) finally reached a multiyear programming agreement.