Comcast Expands Deal With British Sky and 4 Media Titans Making Waves
Netflix, Inc. (NASDAQ:NFLX): British Sky Broadcasting (BSYBY) expanded its existing multi-year deal with Comcast’s (NASDAQ:CMCSA) NBCUniversal, the seller of the rights for Universal Pictures in the U.K. and Ireland, removing its competitors like Netflix and Amazon’s (NASDAQ:AMZN) LoveFilm in both countries, The Guardian reports.
Time Warner Cable Inc. (NYSE:TWC), New York, contributed $150 million to its pension plans in Q3, and now, the company’s pension contributions for the first nine months of the year has reached $152 million, according to Time Warner’s Q3 conference call on Monday.
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Comcast Corporation (NASDAQ:CMCSA): British Sky Broadcasting (BSYBY) expanded its current multi-year deal with Comcast’s NBCUniversal, the seller of the rights for Universal Pictures in the U.K. and Ireland, removing its competitors like Netflix and Amazon’s (NASDAQ:AMZN) LoveFilm in both countries, The Guardian reports.
Dish Network Corp. (NASDAQ:DISH) reports a Q3 revenue reaching $3.52 billion, with a consensus of $3.56 billion. DISH’s recent settlement of the Voom litigation had a negative impact on net income by $453 million. Furthermore, DISH Network lost about 19,000 net subscribers during Q3 versus a net subscriber loss of nearly 111,000 subscribers during the previous year. The company ended Q3 with about 14.042 million total subscribers. The subscriber churn rate of 1.80 percent improved when compared to the 1.83 percent rate from Q3 of 2011. ARPU for Q3 totaled $77.57 versus $76.99 during Q3 of 2011.
SIRIUS XM Radio Inc. (NASDAQ:SIRI): Auto-sales trends are still supporting subscriber growth, and Q3 net-subscriber additions reached 446,000. The company’s full-year subscriber guidance suggest an increase of 1.8 million in net-subscriber additions, indicating a year-end subscriber count reaching 23.7 million, which is a rise from 21.9 million at the end of 2011. Assuming the strong auto-sales trend causes a similar level of subscriber gains during Q4 as in Q3, the full-year gain may be even stronger than management indicated at about 1.9 million, meaning that year-end subscriber count will total nearly 23.8 million.
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