U.S. communications regulators sought to calm fears they will heavily regulate Internet services, but shares in major U.S. cable companies fell and industry analysts predicted a prolonged legal battle.
Regulators, whose authority over broadband was put in doubt by a recent court ruling, will announce on Thursday that it will reassert its powers but will refrain from imposing strict burdens on broadband providers like Verizon, AT&T and Comcast.
The Federal Communications Commission will announce on Thursday that it will reassert regulation of broadband and continue an open Internet policy, but also refrain from imposing strict regulatory burdens on broadband providers like Verizon, AT&T and Comcast.
Comcast Corp , the No. 1 U.S. cable operator, posted higher-than-expected quarterly profit on Wednesday, as it added Internet and phone subscribers.
Wall Street expects Comcast Corp to post another solid quarter of customer additions and financials, but investors increasingly worry that the No. 1 U.S. cable company could pay a price for its various ongoing regulatory run-ins.
U.S. regulators proposed to make broadband access the focus of subsidized telecommunications for the poor and rural areas, a first step in tackling an ambitious plan to provide high-speed Internet to all Americans.
The Federal Communications Commission on Friday extended the public comment period for the joint venture between Comcast Corp and NBC Universal because it has not received additional economic data requested from the companies supporting their deal.
Time Warner Inc is evaluating possible new structures to its bid for Metro-Goldwyn-Mayer , as the auction for the studio drags on, sources familiar with the matter said on Friday.
A top Federal Communications Commission official acknowledged on Wednesday that the Obama administration's ambitious plan to expand broadband access could be impacted by a court ruling that limited the agency's authority to regulate operations of network providers.
A U.S. appeals court dealt a setback to the Federal Communications Commission's authority to oversee the Internet, tossing out an agency ruling that forced Comcast Corp to change the way it managed its broadband network.
An appeals court threw out on Tuesday the Federal Communications Commission's order requiring cable and high-speed Internet provider Comcast Corp to change how it manages its broadband network.
A hacker who brought down and defaced Comcast's website in 2008 may face up to five years in prison.
Sports programing, a must-have for U.S. cable operators, could end up being the center of a battle between Comcast, NBC Universal and the companies' critics as regulators assess the joint venture's impact on consumers.
Comcast Corp posted a higher-than-expected quarterly profit as it added Internet and phone subscribers, but its margins were hit by marketing costs as the No. 1 U.S. cable operator fends off competition from phone and satellite companies.
Cable giant Comcast and NBC Universal said on Thursday they would continue reporting news, keep broadcast television free and offer more children's programming if the U.S. government approves Comcast's plan to take control of the TV and movie company.
Ticketing giant Ticketmaster Entertainment and concert promoter Live Nation won U.S. antitrust approval to merge on the condition that Ticketmaster divests certain assets and license its primary ticketing software, the Justice Department said on Monday.
Charter Communications Inc. said in a statement on Friday that its Chief Executive Officer plans to leave the company to take a position at rival Comcast Corp.
Time Warner Inc, Lions Gate Entertainment and private equity firms are among those weighing potential offers for the debt-ridden MGM studio, but no bids have come in yet, several sources familiar with the matter said
U.S. judges questioned the FCC's authority to punish Comcast Corp for blocking online file-sharing services on Friday in a case that could wind up curbing the regulators' campaign for a free and open Internet.
The U.S. Justice Department will conduct an antitrust review of the proposed $30 billion joint venture between Comcast Corp and NBC Universal, department spokeswoman Gina Talamona said on Wednesday.
The U.S. Justice Department will conduct an antitrust review of the proposed $30 billion joint venture between Comcast Corp and NBC Universal, department spokeswoman Gina Talamona said on Wednesday.
