Comcast beat Wall Street estimates on revenues for Q4 2015, with sales of $19.08 billion for the quarter, off $320 million; EPS was 81 cents, missing by 1 cent.
For the quarter Comcast added 89,000 video customers, editing the year down 36,000 customers, its best video subscriber numbers in eight years and a result that CEO Brian Roberts, during the company’s earnings call, described as “heroic.”
There’s no way to confuse CenturyLink with Comcast; one has some 269,000 pay-TV subscribers, the other 22.3 million. But the Monroe, La.-based telco believes it can create an alternative market in the Twin Cities and nearly two-dozen surrounding cities with its Prism IPTV service.
The company says it’s deploying a multi-tier offering that starts at $35 monthly for its 140-channel Prism Essential product, to $80 monthly for its 320-channel Prism Premium package.
Some Comcast customers in Chicago could lose their HD channels as the operator completes an upgrade to its system that requires subscribers use new set-top boxes to access them.
Downton Abbey could have a new master is reports that NBCUniversal is on the trail of British commercial broadcaster iTV are true.
Shares of iTV are up on the speculation that comes after reports that the chiefs of the two broadcasters met recently.
The Daily Mail reports that iTV could go for £11 ($16.38 billion)
Comcast has rolled out its long-rumored OTT service for a trial in Boston, delivering live linear channels from the major networks, HBO and on-demand content.
Stream TV enables users to content on laptops, tablets and phones, but only in their homes. A catalog of on-demand movies and shows can be watched in the home or on-the-go over Wi-Fi, and includes access to TV Everywhere and a cloud DVR.
Broadband growth highlighted Comcast’s Q3 earnings, as the operator added 320,000 new Internet subscribers and saw revenues from its Internet business climb more than 10%.
The cable operator lost 48,000 video subscribers, better than last year’s 81,000 dip, and saw its broadband business continue to increase its subscriber lead over pay TV. Comcast now has 22.87 million broadband subscribers compared to 22.26 million pay-TV subscribers.
CBS CEO Les Moonves, during an appearance on Bloomberg TV, said the network would likely reach an agreement to sell Apple content for its proposed streaming service.
But, he said, the timing for the service remains up in the air.
“Apple is having conversations with everyone about doing their own streaming services,” Moonves said. “We have had those conversations, as have the other networks. Do I think something will happen? Probably, but I do not know when.”
It hasn’t reached the level of vitriol seen in Comcast’s aborted attempt to acquire Time Warner Cable, but opposition to Charter’s bid to acquire TWC is picking up as competitors, public interest groups, industry accosiations and vendors put pressure on the FCC to block the deal that would make Charter the second largest cable operator in the U.S.
NAB wants station ownership review first
HDTVs have become the norm in the United States with at least one set in 86% of households and nearly two-thirds of HH reporting two or more sets, a new report says.
ShoppingNexus.com also found 60% of respondents preferred LED models and said price, brand and screen size were the top three – in that order -- determinants to their buying decisions.
About 24% of American HHs own three or more HD TVs.
What’s that ubiquity mean for 4K/UHD technology?
It’s just in beta, but Comcast has big hopes for its out-of-footprint OTT play, Watchable, which is deploying this week.
The short-form video service is free to users with iOS devices, and also is available at watchable.com and on the Comcast X1 video platform.
It’s an ad-supported play that Comcast hopes will help the operator connect with – or, in some cases, reconnect with – cord nevers and cord cutters.
Comcast, playing off its own TV Everywhere experience with subsidiary thePlatform’s mpx video management system, is pushing its content distribution system, Comcast Wholesale, into a broader play for OTT and TV Everywhere customers.
French satellite company SES is partnering with U.S. cable operator Armstrong on a live and linear Ultra HD (UHD) architecture.
The Butler, Penn.-based operator is testing SES’s camera-to-screen Ultra HD ecosystem, which was introduced in April at NAB. The trial will combine broadcast and IP technologies as a fully managed, scalable service.