Comcast won a $7.5 million award against Sprint after a jury agreed that Sprint violated Comcast's patents for VoIP and other telecommunications technologies. The trial and the ruling is likely going to be just one of many in a long, drawn-out legal battle between the one-time partners.
Time Warner investors were the first to hear the news from HBO Chairman and CEO Richard Plepler: The premium subscription service, which currently offers an authentication-only streaming service, HBO Go, to cable subscribers, will launch a standalone over-the-top service in the United States next year.
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.
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.
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.
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.
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 announced that its shareholders have overwhelmingly approved the company's $45 billion takeover of Time Warner Cable by a margin over 99 percent.
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.
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.