1 in 5 smartphone users, or 420 mil. people worldwide use ad blocking software, blocking advertising when browsing web on cellphones. Represents 90% annual increase in use of ad blocking technology. 200 mil. people have ad block on desktop computers. // Mark Scott, New York Times, 5/31/2016

 


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.

Strong Economy Boosts Stocks; Alibaba under Investigation

 

By Catherine Hertzberg - May 27, 2016
 

  Stocks rose Friday as Federal Reserve remarks of a possible interest rate hike in the coming months was seen an an indication of a strenthening US economy. The Dow gained 45 pts. to close at 17,873. The S&P 500 added 9 pts. to 2,099. For the week, the Dow and S&P 500 rose 2.1%. and 2.3%, respectively.

  Alibaba dropped 7% in 4x avg. trading. The SEC is investigating its accounting practices.

   Best Buy added 5% on 3x avg. volume. It announced a regular quarterly cash dividend of 28 cents per common share, payable on July 5.

  Consumer Electronics, up 4% YTD, is up 18% from its 52-week low of 74.21, set February 11.

  The top five PK averages for the week are: Home Video +11.4%, Internet Content +6.1%, Satellite Networks +5.1%, Interactive TV +4.3%, Video Gaming +4.3%.

 

 Indices  5/26  5/27  %YTD 
 Internet Content 84.87 85.64 17.0 
 Video Gaming 23.63 23.78 13.8 
 Radio 15.30 15.40 13.7 
 DJ Utilities 655.29 656.28 13.6 
 Cable MSO 87.49 88.21 11.9 
 Telco 39.95 40.26 11.1 
 Movie Theaters 14.81 14.95 8.4 
 3D 38.62 38.82 8.4 
 Motion Pictures 35.02 35.47 5.7 
 Advertising 105.08 105.50 4.8 
 Publishing 85.28 86.37 4.1 
 Consumer Elec. 88.01 87.96 3.9 
 Global Wireless 68.47 68.75 3.8 
 Satellite Networks 38.31 39.06 3.0 
 Wireless Prov. 30.46 30.49 3.0 
 Wireless Tech. 13.46 13.48 2.9 
 S&P 500 2,090.10 2,099.06 2.7 
 Dow Jones Avg. 17,828.29 17,873.22 2.6 
 Towers 343.65 344.70 2.5 
 Russell 2000 1,139.75 1,150.45 1.3 
 Fiber Optics 2.82 2.85 0.9 
 Broadband Tech. 23.16 23.28 (1.4) 
 NASDAQ 4,901.77 4,933.50 (1.5) 
 NASDAQ 100 4,487.96 4,512.54 (1.8) 
 Television 108.77 109.71 (2.3) 
 Interactive TV 14.68 14.62 (2.4) 
 Digital Life 709.68 716.65 (4.0) 
 Home Video 296.36 298.31 (4.5) 
 Satellite TV 69.99 70.50 (5.5) 
 Global Cable 113.21 115.08 (5.9) 
 Internet Media 140.94 141.75 (6.9) 
 Social Media 87.01 88.09 (20.5) 
 © 2014 PK Worldmedia, Inc. All rights reserved.