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Earnings: Comcast Profits Gain 53 Percent With Tax Boost

PaidContent  Aug 06 09

It looks like the recession is good for the cable industry. Although Cablevision’s recent earnings report was a bit mixed, Comcast (NSDQ: CMCSA) reported a pretty strong Q2, as profits rose 53 percent to $967 million ($0.33 per share) boosted by favorable tax settlements and revenues were up 4.5 percent to $8.94 billion. The company handily beat analysts’ expectations, as a Thomson Reuters poll (via WSJ) called for EPS of $0.26 on revenues of $8.5 billion.

2Q 2009 2Q 2008 Analysts Estimates For 2009 EPS $0.33 $0.21 $0.26 Net Income $967M   $632M NA   Revenue $8. Full story...

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Wireless Carriers Bicker Over Size Of Spectrum Holdings

PaidContent  2 days ago

Clearwire (NSDQ: CLWR) frequently brags about how much spectrum it has at its disposal, and how easy it will be to deliver a ton of video and other high-bandwidth services over mobile networks.

March Madness: CBSSports.com Says It Served 3.4 Million Live Hours On Day One

PaidContent  2 days ago

Initial stats are in for NCAA March Madness on Demand and it looks like CBSSports.com will be able to declare victory again (unlike fans of Georgetown or Vanderbilt).

FCC May Open Public-Safety Spectrum Block For Commercial Purposes

PaidContent  2 days ago

The FCC is working on a plan that would sell a chunk of spectrum in the first half of 2011 that failed to be sold in 2008 because of the strict conditions of use.

Right On Schedule, MediaNews' Parent Exits Chapter 11

PaidContent  2 days ago

As it promised back in January, Affiliated Media, the holding company for newspaper chain MediaNews Group, has emerged for Chapter 11 bankruptcy protection.

Welcome To Microsoft Office. Would You Like A Microblog With Your Order?

PaidContent  2 days ago

Microsoft’s experimental Office Labs group says it’s testing a new microblogging service called OfficeTalk—which “applies the base capabilities of microblogging to a business environment, enabling employees to post their thoughts, activities, and potentially valuable information to anyone who might be interested.

PaidContent Quick Hits 03.19.2010

PaidContent  2 days ago

»  The keys to Microsoft’s and Xbox 360’s success: ignoring Blue-ray and betting on digital distribution.

Yahoo's Revolving Door: Chief Technologist Leaves For Benchmark Capital

PaidContent  2 days ago

Yahoo (NSDQ: YHOO) Chief Technologist Sam Pullara is leaving the company, capping off a week of high-profile departures.

Bernstein: Broadcasters Once Again Have a License To Print Money

PaidContent  2 days ago

Most forecasters have expected broadcast ad revenues to experience a nice recovery as the recession eases, but BernsteinResearch analyst Michael Nathanson expects a TV advertising to see a rebound that could bring stations back to their healthier 2007 levels.

GOOG v BIDU: A Tale Of Two Stocks

PaidContent  2 days ago

It now seems all but official that Google (NSDQ: GOOG) will pull its search operations in China; Chinese media says Google will make an announcement Monday and the search engine could shut down as soon as April 10.



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