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Comcast

Latest Headlines

Latest Headlines

Comcast leads $3.3B investment in Universal theme park in Beijing

Comcast is leading a team of Chinese investors who will collectively spend about $3.3 billion to build a new Universal theme park in Beijing. According to a statement, the Chinese government has approved development of the 300-acre park, which will eventually be expanded to 400 acres.

Comcast-TWC stock price differential swells as regulatory worries set in

Investors are becoming concerned about the regulatory climate being faced by Comcast and Time Warner Cable as they attempt to close a $45 billion merger. And that has resulted in a widening chasm between the company's stock prices, increasing the price Comcast shareholders will ultimately pay to acquire TWC.

Comcast to appeal CSN Houston valuation ruling

The bankruptcy court battle over struggling regional sports network CSN Houston is going into overtime. Comcast has appealed a ruling rendered Wednesday by Bankruptcy Judge Marvin Isgur that seemed, at the time, to have cleared the sale of the network to AT&T and DirecTV.

Comcast loses key CSN Houston ruling, clearing sale to AT&T and DirecTV

The sale of troubled regional sports network CSN Houston to AT&T and DirecTV now appears likely, with a bankruptcy court judge ruling against Comcast on the key matter of the network's remaining value.

Comcast apologizes for latest customer service travesty, but denies getting ex-PwC accountant fired

Reeling from the latest virally explosive story about egregiously bad customer service, Comcast has issued a public apology to a former PwC accountant who accused the cable company of getting him fired from his job.

Comcast shareholders approve TWC purchase by 99 percent-plus margin

Comcast announced that its shareholders have overwhelmingly approved the company's $45 billion takeover of Time Warner Cable by a margin over 99 percent.

FCC moves to calm programmers' fears that shared deal info will be leaked

The FCC has announced a series of privacy protections, designed to allay the fears of programmers that deal info they share as part of the commission's ongoing pay-TV merger reviews will be leaked.

Comcast SportsNet Houston value has dropped from $700M to $22M, consultant says

The fate of carriage-crippled regional sports network Comcast SportsNet Houston now hinges on what dilapidated value a bankruptcy court deems that it has left. The teams want to sell the bankrupt network to AT&T and DirecTV at a value of around $22 million, down from an initial value of $700 million.

Comcast takes another PR hit as plans to abandon Detroit post-merger come under scrutiny

As if Comcast needs any more public relations headaches as it tries to gain regulatory approval for its $45 billion purchase of Time Warner Cable, the conglomerate's plans to abandon that most forlorn of Midwestern cities, Detroit, has now come under scrutiny, too.

Comcast rejects latest SportsNet Houston deal

Comcast is now fighting a bankruptcy court-backed deal that would transfer ownership of struggling regional sports network Comcast SportsNet Houston to AT&T and DirecTV.