Signs that more people are dropping their traditional TV subscriptions weighed on TV providers' stocks Thursday.
Comcast's profit rose 12 percent in the July-September quarter thanks to the Olympics and the first third-quarter gains in video subscribers in a decade.
Comcast is going to add Netflix to its X1 set-top boxes in the latest deal to blur the lines separating cable TV from Internet video services.
Despite a slowdown in subscriber growth, the Internet is still propelling Comcast.
As the Internet has upended their business, cable companies have been racing to reinvent themselves as dominant broadband providers and distributors of online video.
Charter Communications Inc. is close to buying Time Warner Cable for about $55 billion, according to two people familiar with the negotiations.
Comcast says its $45 billion purchase of Time Warner Cable will take longer than expected because of a long-running regulatory review.
Comcast Corp.'s third-quarter net income jumped 50 percent in the third quarter, helped by a one-time tax settlement, growth in Internet subscribers and fewer defectors from its cable service.
(AP)—No cable? No problem. Viewers longing to watch "Game of Thrones", "True Detective" and "Veep" will no longer have to pay big bucks for cable and satellite contracts. Next year HBO is cutting the cord and selling its ...
The chief executive of one of the nation's largest providers of the Internet's backbone blamed cable giant Comcast for a slowdown in Netflix streaming traffic over the last two years.