Financial News for Comcast Corporation (CMCSA)
| CMCSA | 2/9/2010 2:41PM | 52 Week Price Range | Market Capitalization | Dividend Yield | Recent Dividend |
|---|---|---|---|---|---|
| $15.41 | $11.10 — $17.88 | $31.4 Billion | 2.50% | $0.27 |
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>> what is the next year hold for media companies? Joining us is michael, editor and chief of media week, michael good to see you. >> dagen: let's start with the news of the day that COMCAST is said to be in talks with ge and nbc universal about putting its cable properties and other assets into this new company, if you will, with nbc universal. The state of the media giving it today are more, I guess, deals like that going to be done? >> oh, I think, I think the potential for more deals like that certainly is really ripe because, you know, a lot of media companies values are depressed right now so it means opportunities for putting together unusual partnerships and alliances. If COMCAST and nbc universal were to put their properties together though, I think there's going to be a hail storm of protest froms various government you're taking a lot of concentration of power both putting programming together with COMCAST programming assets and nbc universals, together with COMCAST distribution that's going to create all sorts of problems for them. >> brian: you wonder about the anti-trust issues there. There will have to be some. I don't know if there will be enough to prevent deal, but certainly have that brought up. You look at microsoft with windows and explorer and one of the reasons they lost is the legal definition of tieing and bundling it into the main distribution platform of windows and that was hacked. Now you're going to have a huge amount of condition tent in the largest cable company in not a slam-dunk, not a done >> I totally agree, it's not a slam-dunk, but I commend them for trying and in many ways a smart partnering of assets. Again, putting the distribution prowess with station that is reach a good part of the country directly and put them together on the programming side and the most strongest portfolio in the >> dagen: and broadly speaking cable is your bright spot in all
oh, I think, I think the potential for more deals like that certainly is really ripe because, you know, a lot of media companies values are depressed right now so it means opportunities for putting together unusual partnerships and alliances. If COMCAST and nbc universal were to put their properties together though, I think there's going to be a hail storm of protest froms various government you're taking a lot of concentration of power both putting programming together with COMCAST programming assets and nbc universals, together with COMCAST distribution that's going to create all sorts of problems for them.
brian: you wonder about the anti-trust issues there. There will have to be some. I don't know if there will be enough to prevent deal, but certainly have that brought up. You look at microsoft with windows and explorer and one of the reasons they lost is the legal definition of tieing and bundling it into the main distribution platform of windows and that was hacked. Now you're going to have a huge amount of condition tent in the largest cable company in not a slam-dunk, not a done
I totally agree, it's not a slam-dunk, but I commend them for trying and in many ways a smart partnering of assets. Again, putting the distribution prowess with station that is reach a good part of the country directly and put them together on the programming side and the most strongest portfolio in the
dagen: and broadly speaking cable is your bright spot in all ” Fox Business Oct 2, 2009 11:48 AM
- Since the stock was mentioned on Fox Business on Friday, October 02, 2009 the price of CMCSA shares has increased 1.13%.
- Please visit the Fox Business recap page for all the slices of the 44 stocks mentioned on just this one episode of the show.
- CMCSA was mentioned 11 times on this episode alone, so visit the Fox Business recap page for more information on other topics covered.
- There have been 437 mentions of Comcast Corporation CMCSA since being mentioned on Fox Business on Friday, October 02, 2009. Ockham details all of the news on Comcast Corporation on our CMCSA Financial News page.