Comcast 3Q—Deal Talk, Better Video Metrics & NBC Is Doing Alright
A few hints were dropped about Comcast-NBCU negotiations during Fri’s 3Q earnings call. Comcast Cable has struck several agreements recently with programmers, including Disney and Scripps. Programming increases thus far are a “bit lower” than forecasted, said CFO Michael Angelakis. But it doesn’t sound like it necessarily will stay that way. On the NBC side, Steve Burke said about 25% of the sub base has contracts up this year. Big highlights from 3Q earnings were reducing video losses and the revenue generated from the Olympics. Read on for more details about the earnings call.
Despite news reports Fri, Current TV is neither putting itself up for sale nor looking for investment banks to help launch a formal sales process, a spokeswoman said. But here’s what Current is looking for.
DirecTV and Northwest reached a new multi-year retrans agreement Thurs, just in time for Game 2 of the World Series.