Greek telecoms provider OTE, responsible for 60% of the total investment in Greece’s telecom market. In past 5 years, OTE investments in Greece exceeded $2.2 bil. // Chris Dziadul, broadbandtvnews.com, 6/24/2016

 


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 up on Brexit Bet;     Lions Gate, Starz                 Merger Rumor

 

By Catherine Hertzberg 
-    June 23 2016
 

  Stocks rose Wednesday with investors confident that Britain will vote to stay in the EU. The Dow gained 230 pts. to close at 18,011. The S&P 500 added 28 pts. to 2,113.

  Lions Gate Entertainment rose 6% in 2x avg. trading. It is rumored to be in merger talks with Starz. STRZA was up 6% on 5x avg. volume.

  Motion Pictures, up 5% YTD, is up 26% from its 52-week low of 27.85, set February 10.

  Twitter added 6% in heavy trading. It is planning to stream more inline events such as sports and political debates.

  Yelp was up 5% in light trading. Deutsche Bank upgraded the stock from hold to buy.

 

 Indices  6/22  6/23  %YTD 
 Internet Content 88.40 90.09 23.0 
 Telco 42.09 42.82 18.2 
 DJ Utilities 680.74 682.72 18.2 
 Cable MSO 89.98 91.05 15.5 
 Radio 15.50 15.58 15.0 
 Video Gaming 23.51 23.98 14.7 
 Towers 358.49 366.96 9.1 
 Wireless Prov. 31.20 31.84 7.6 
 Advertising 106.00 107.51 6.8 
 Movie Theaters 14.44 14.68 6.4 
 3D 37.74 38.06 6.2 
 Global Wireless 68.00 69.44 4.8 
 Motion Pictures 34.92 35.15 4.7 
 Consumer Elec. 87.28 88.57 4.6 
 Publishing 85.34 86.45 4.2 
 S&P 500 2,085.45 2,113.32 3.4 
 Dow Jones Avg. 17,780.83 18,011.07 3.4 
 Russell 2000 1,153.87 1,172.22 3.2 
 Wireless Tech. 13.28 13.49 2.9 
 Satellite Networks 38.43 38.54 1.7 
 Fiber Optics 2.78 2.82 0.1 
 NASDAQ 4,833.32 4,910.04 (1.9) 
 Satellite TV 72.33 72.75 (2.4) 
 Internet Media 145.93 148.19 (2.6) 
 NASDAQ 100 4,404.73 4,467.48 (2.7) 
 Broadband Tech. 22.51 22.84 (3.3) 
 Digital Life 707.50 714.79 (4.2) 
 Television 105.67 107.04 (4.7) 
 Social Media 103.06 104.14 (6.0) 
 Interactive TV 13.90 14.04 (6.3) 
 Home Video 273.91 280.47 (10.2) 
 Global Cable 95.75 98.90 (19.2) 
 © 2014 PK Worldmedia, Inc. All rights reserved.