81% of US homes have a DVR, subscribe to Netflix or use a video-on-demand (VOD) service from a cable or telco service provider. 57% get a subscription VOD (SVOD) service from Netflix, Amazon and/or Hulu, almost half of US adults stream over-the-top (OTT) video on a monthly basis. // Joseph O'Halloran, rapidtvnews.com, 2/8/2016


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 Fall on Tech Selloff; LinkedIn, Lions Gate Slide   After Earnings Reports

 

By Catherine Hertzberg 
-                     February 5, 2016
 

 Stocks fell Friday, following a selloff in tech and Internet stocks. The Dow lost 212 pts. to close at 16,205. The S&P 500 fell 35 pts. to 1,880.

  LinkedIn plunged to a 52-week low of $102.81 before closing down 44% in 29x avg. trading It posted a Q4 loss of $47.4 mil. vs. a net profit of $3.0 mil. a year ago.

  Lions Gate tumbled 27% in 11x avg. trading after reporting Q3 profit of $39.3 mil. vs. $162.2 mil for Q3 2015.

  Social Media, down 34% YTD, is at a 52-week low of 73.34.

  The top five PK averages for the week are: Telco +8.1%, Global Cable +3.3%, Publishing +2.4%, Wireless Providers +2.4%, Global Wireless +1.3%.

 

 Indices  2/4  2/5  %YTD 
 DJ Utilities 622.07 624.62 8.1 
 Telco 37.61 37.75 4.2 
 Wireless Prov. 29.50 28.82 (2.6) 
 Satellite Networks 38.68 36.52 (3.7) 
 Publishing 82.52 79.84 (3.7) 
 Cable MSO 76.67 75.00 (4.8) 
 Radio 13.49 12.74 (5.9) 
 Dow Jones Avg. 16,416.58 16,204.97 (7.0) 
 Internet Content 72.20 67.81 (7.4) 
 Global Wireless 62.14 61.29 (7.5) 
 Broadband Tech. 22.25 21.82 (7.6) 
 Towers 318.47 310.41 (7.7) 
 Satellite TV 69.93 68.82 (7.7) 
 S&P 500 1,915.45 1,880.05 (8.0) 
 Motion Pictures 32.39 30.73 (8.5) 
 Interactive TV 13.98 13.62 (9.1) 
 Advertising 94.17 91.30 (9.3) 
 Consumer Elec. 77.85 75.90 (10.4) 
 Wireless Tech. 12.02 11.75 (10.4) 
 Fiber Optics 2.66 2.52 (10.7) 
 NASDAQ 100 4,167.77 4,024.47 (12.4) 
 3D 32.22 31.22 (12.9) 
 NASDAQ 4,509.56 4,363.14 (12.9) 
 Movie Theaters 12.48 12.01 (12.9) 
 Television 101.49 97.63 (13.1) 
 Russell 2000 1,014.79 985.62 (13.2) 
 Global Cable 106.43 103.25 (15.6) 
 Video Gaming 18.42 17.48 (16.4) 
 Internet Media 131.01 121.54 (20.1) 
 Digital Life 646.90 592.19 (20.7) 
 Home Video 253.32 227.30 (27.2) 
 Social Media 98.40 73.34 (33.8) 
 © 2014 PK Worldmedia, Inc. All rights reserved.