Competition Commission of India (CCI) approved proposed Sony Pictures Network's $385 mil. acquisition of Zee Entertainment-owned sports broadcaster, Ten Sports. // International Business Times, (ibtimes.co.in,) 1/20/2017


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.

 

First Week of 2017 Ends Mixed; Univision IPO Rumor

 

By Catherine Hertzberg 
-

 January 13, 2016

 

  Stocks were little changed Friday ahead of the Martin Luther King, Jr. holiday. The Dow slipped 5 pts. to close at 19,886. The S&P added 4 pts. to 2,275. For the week, the Dow and S&P 500 were down 0.5% and 0.1%, respectively.

  Univision is rumored to be preparing to set an IPO date. It was taken private in 2007.

  Television, up 1% YTD, is down 2% from its 52-week high of 121.86, set January 4.

  Pandora gained 6% in trading. It is expected to exceed its Q4 revenue forecast.

  The top five PK averages for the week are: Global Wireless +2.5%, Social Media +1.8%, Internet Media +1.7%, Fiber Optics +1.7%, Global Cable +1.6%

 

 Indices  1/12  1/13  %YTD 
 Global Cable 82.00 82.60 9.3 
 Satellite TV 82.29 82.27 7.5 
 Digital Life 817.71 821.23 6.5 
 Global Wireless 62.33 62.52 6.1 
 Internet Media 165.35 166.09 6.0 
 Home Video 374.97 384.32 5.6 
 Social Media 112.84 113.36 5.1 
 Internet Content 90.45 90.63 4.9 
 Satellite Networks 40.42 40.50 4.7 
 Fiber Optics 3.30 3.32 4.1 
 NASDAQ 100 5,041.43 5,059.51 4.0 
 NASDAQ 5,547.49 5,574.12 3.5 
 3D 41.13 41.34 3.5 
 Advertising 108.88 109.16 3.3 
 Motion Pictures 38.50 38.65 3.2 
 Wireless Tech. 13.97 14.03 3.0 
 Consumer Elec. 102.38 102.11 2.8 
 Movie Theaters 16.84 16.94 2.4 
 Publishing 90.78 90.36 2.2 
 Broadband Tech. 25.27 25.49 1.6 
 S&P 500 2,270.44 2,274.64 1.6 
 Video Gaming 32.37 32.52 1.3 
 Russell 2000 1,361.07 1,372.05 1.1 
 Television 119.95 119.37 0.8 
 Dow Jones Avg. 19,891.00 19,869.12 0.5 
 Telco 40.63 40.62 0.5 
 Wireless Prov. 36.11 36.12 0.0 
 Towers 343.29 343.52 (0.3) 
 DJ Utilities 657.77 656.78 (0.4) 
 Radio 17.58 17.72 (0.5) 
 Interactive TV 13.34 13.33 (1.5) 
 Cable MSO 105.20 105.96 (2.1) 
 © 2014 PK Worldmedia, Inc. All rights reserved.