SCTE/ISBE attendance at this week’s Cable-Tec Expo in Philadelphia surged past 10,000 mark, the rise was up 21% vs. 8,600 who joined the 2015 confab in New Orleans. // multichannelnews.com, 9/30/2016

 


COMCAST’S RALPH ROBERTS:GONE BUT NEVER FORGOTTEN

By Paul Kagan - June 19, 2015

Ralph Roberts, the dynamic pioneer who built a tiny system in Tupelo, Mississippi into Comcast--cable’s largest company--passed away yesterday at age 95. His vision, and devotion to the cause of a new communications medium, can be expressed by a quotation from Thomas Edison: "A diamond is a piece of coal that stuck to the job."  The company that Ralph founded--with his partners Julian Brodsky, Dan Aaron, and later, his son Brian, now the CEO--soared from a speck in the cable universe to a diversified, media giant. As noted in An Incredible Dream, William Novak’s bio of the company, “Ralph was in heaven” when, in the mid-1980s, in my Kagan cable newsletter, I called Comcast “a baby blue chip.” It wasn’t long before “baby” grew up to be cable’s leading multiple-system operator.

Today, we are in the midst of far greater change in the media. Comcast is now a movie-TV-cable enterprise that Ralph was able to see completed. But its arch-rival—AT&T—which sold its industry-leading cable subs to Comcast in 2001, is back via acquisition of DirecTV’s U.S. and foreign satellite footprint and expansion into Latin America TV.




© 2014 PK Worldmedia, Inc.   All rights reserved.

Stocks Flat ahead of Central Bank Policy Meetings;           Gray TV Slides

 

By Catherine Hertzberg - September 20, 2016
 

  Stocks were little changed Tuesday, in anticipation of the Federal Open Market Committee and Bank of Japan meetings on Wednesday. The Dow gained 10 pts. to close at 18,130. The S&P 500 added 1 pt. to 2,140.

  Gray TV tumbled 9% in 3x avg. trading. It withdrew its guidance for net political advertising revenue for Q3 and Q4 of 2016.

  Comcast announced it will offer a wireless service, beginning in mid-2017. It was up 1% in light trading.

  Cable MSOs, up 28% YTD, are down 1% from their all-time high of 101.89, set September 7.

 

 

 Indices  9/19  9/20  %YTD 
 Video Gaming 27.93 27.95 33.7 
 Cable MSO 100.17 100.93 28.1 
 DJ Utilities 673.11 673.11 16.5 
 Consumer Elec. 96.46 96.68 14.2 
 Internet Content 85.11 82.69 12.9 
 Movie Theaters 15.63 15.57 12.9 
 Telco 40.35 40.17 10.9 
 Radio 15.22 15.01 10.8 
 Russell 2000 1,232.53 1,228.33 8.1 
 Wireless Tech. 14.01 14.08 7.4 
 Towers 362.92 360.68 7.3 
 Digital Life 788.64 791.71 6.1 
 3D 37.99 37.94 5.9 
 Publishing 87.96 87.76 5.8 
 Advertising 104.78 105.93 5.2 
 S&P 500 2,139.12 2,139.76 4.7 
 NASDAQ 5,235.03 5,241.35 4.7 
 NASDAQ 100 4,796.07 4,805.22 4.6 
 Wireless Prov. 31.37 30.92 4.4 
 Dow Jones Avg. 18,120.17 18,129.96 4.0 
 Broadband Tech. 24.54 24.56 4.0 
 Internet Media 157.79 158.17 3.9 
 Social Media 112.07 112.02 1.1 
 Motion Pictures 33.77 33.74 0.5 
 Home Video 310.46 310.93 (0.5) 
 Global Wireless 65.37 65.62 (0.9) 
 Satellite TV 72.15 72.17 (3.2) 
 Fiber Optics 2.74 2.71 (4.1) 
 Interactive TV 14.20 14.22 (5.0) 
 Satellite Networks 35.20 34.96 (7.8) 
 Television 103.48 100.49 (10.5) 
 Global Cable 90.01 90.29 (26.2) 
 © 2014 PK Worldmedia, Inc. All rights reserved.