NBCUniversal invests $200 million in BuzzFeed
(Reuters) – Comcast Corp's NBCUniversal said on Tuesday it had invested $200 million in online publisher BuzzFeed, the latest move by the media conglomerate to tap into a younger audience.
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Comcast to offer streaming services for $15 a month
(Reuters) – Cable company Comcast Corp said it is beta testing a new cable streaming service called Stream, which will broadcast live TV from HBO and about a dozen other networks for $15 per month. Launching with Boston, followed by Chicago and Seattle, Stream would let Comcast’s Xfinity Internet customers stream live TV over phones, tablets and laptops. (http://comca.st/1HXZAkF) The service, which will be available everywhere in the United States by early 2016, also comes with on-demand movies and recording features, Comcast said
Read moreTennis-Tennis Australia apologises for putting Tomic in ‘Hall of Shame’
Tennis Australia has apologised for a ‘clerical error’ in a media release that said estranged local player Bernard Tomic was playing in a ‘Hall of Shame’ event against compatriot John-Patrick Smith. The media release said Tomic, who was dumped from Australia’s Davis Cup team after a rant against officials, was playing Smith in the ‘Hall of Shame Tennis Championships’, causing a stir on social media networks.
Read moreCharter Communications nears $55 billion deal for Time Warner Cable – sources
Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S.
Read moreCourt allows Aereo to auction TV streaming technology assets
(Reuters) – A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, according to court papers published on Friday. The U.S.
Read moreAmazon draws 10 million new Prime members over holidays
By Kshitiz Goliya (Reuters) – Amazon.com Inc said on Friday it drew more than 10 million new members to its Prime shipping and digital content service over the holidays and intends to offer one-hour shipping to more cities in 2015. Amazon considers its $99-a-year Prime membership, which confers free two-day shipping and streaming of select movies and songs, essential to driving its growth and margins.
Read moreComcast says Time Warner deal going ‘full steam ahead’
By Christina Farr SAN FRANCISCO (Reuters) – Comcast Corp's merger with Time Warner Cable Inc is going “full steam ahead” despite uncertainty around new rules governing net neutrality, Comcast Chief Executive Officer Brian Roberts told reporters on Wednesday. The deal, which would create the largest U.S. cable Internet provider, is in its final phases and remains on track to close, he said at a Comcast press event in San Francisco
Read moreU.S. House subcommittee to hold hearing on net neutrality
WASHINGTON (Reuters) – The U.S. House of Representatives Communications and Technology subcommittee said on Wednesday it would hold a hearing on the net neutrality issue on Dec. 10.
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