Business/Finance
By
| December 13, 2006
‘Tis the season to be jolly at Scripps Nets, where Nov rev jumped 17% to $96mln, powered by a 16% rise in ad rev to $78.2mln and 11% growth in affil fee rev to $15.7mln. — UBS raised its price target for Comcast from $47 to $50, citing the "broad-based" confidence in triple-play bundles that emerged last week at its media conference, and the MSO’s expansive room for VoIP growth in ’07. Comcast’s digital telephony currently penetrates 4% of HHs (vs 24% for Cablevision), leaving the cable giant "positioned for strong organic growth." UBS expects Comcast to add more than 1mln VoIP subs in ’07.