Tag: Comcast
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Comcast Is Dumping Their Focus on the Bundle as Cord Cutting Grows
For years, Comcast has built their business on bundling. The goal of every sales agent was to get a “triple play” sale that included TV, internet, and voice. Now Comcast has announced that they are shifting away from bundles as they push internet-only broadband to customers. According to a story from the Wall Street Journal,…
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As Cord Cutting Grows, Comcast & AT&T Are Losing More Than 8,000 Subscribers Every Day
Now is a bad time to own a pay-TV service like Comcast or DIRECTV. This week both AT&T and Comcast reported their second quarter 2018 numbers. The services lost a combined 740,000 traditional pay-TV subscribers, which works out to be over 8,000 subscribers every day. AT&T lost about 600,000 DIRECTV and U-Verse TV customers. Comcast…
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Comcast Drops Their Plans to Buy FOX Leaving Disney as The Sole Buyer
Back in June Disney rushed out a $1.3 billion deal to outbid Comcast to buy FOX. Now Comcast has officially ended their plans to buy FOX. In a statement, today Comcast said: “Comcast does not intend to pursue further the acquisition of the Twenty-First Century Fox assets and, instead, will focus on our recommended offer…
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Disney Just Outbid Comcast in Their Efforts to Buy FOX
Today Disney just hours before FOX was to consider a $65 billion dollar offer from Comcast upped their bid to $71.3 Billion. “The acquisition of 21st Century Fox will bring significant financial value to the shareholders of both companies, and after six months of integration planning we’re even more enthusiastic and confident in the strategic…
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Comcast & Spectrum’s Hidden Fees & Taxes Can Add Over $60 a Month to Your Bill
We all see the ads for TV, phone, and internet for a crazy good deal. Or have a phone agent tell you they can give you TV and internet cheaper than internet only. So how can they advertise these great deals and yet you always seem to pay more? The simple answer is fees and…
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Comcast Just Out Bid Disney in Their Efforts to Buy FOX
Today Comcast made a $65 billion dollar offer out bidding Disney in their efforts to buy FOX. “Time is of the essence for your consideration of our proposal,” Comcast CEO Brian Roberts wrote in a letter to Fox’s board. Comcast has filed a statement with the SEC in opposition to the Disney/21st Century Fox merger.…
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Comcast Says They Remain “Committed To an Open Internet” After Net Neutrality Ends
Today marks the official end to the FCC Net Neutrality rules. Now control over regulating the internet moves from the FCC to the Federal Trade Commision FTC. Before 2015 The FTC had control over regulating the internet and it was only for the three years that the FCC had control. This change has raised fears…
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Disney is Lining Up Cash to Fight Off Comcast
Recently it was announced that FOX and Disney have come to a deal to sell most of FOX to Disney in a mostly cash deal. Now that deal is not done and Comcast had previously tried to buy Fox but was beat out by Disney. Last week Comcast once again announced plans to make an all-cash…
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Netflix is Now Worth More Than Comcast
As the way Americans watch TV shows and Movies change so has the value of the companies that offer them. As more Americans move to streaming online as you would expect Netflix would benefit from this move. Now at least in market value Netflix is bigger than Comcast. Today according to FierceCable Netflix is now…
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Comcast Once Again Plans to Try and Buy FOX Before Disney Closes Their Deal
Recently it was announced that FOX and Disney have come to a deal to sell most of FOX to Disney. Now that deal is not done and Comcast had previously tried to buy Fox. Now it looks like Comcast is once again planning to make an all-cash offer to buy select 21st Century Fox assets before…