Comcast and Time Warner Form New JV and 2 More Heavily Traded Stocks to Follow

Comcast Corp. (NASDAQ:CMCSA): Current price $43.01

Comcast and Time Warner Cable (NASDAQ:TWC) on Thursday said they have formed a joint venture named RDK Management LLC, which will oversee the Reference Design Kit software being employed in next-generation set-top boxes. RDK is a pre-integrated software bundle first developed and licensed by Comcast to design a common framework for powering tru2way, IP or hybrid set-top boxes and gateway devices, as well as to step up the development and deployment of next-generation video services, according to a press release.

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