Paul's Feed
Sep 24, 2010

Ratings, merger force exit of NBC Universal, CNN execs

NEW YORK, Sept 24 (Reuters) – Two of the media industry’s
highest profile executives said on Friday they would leave NBC
Universal and CNN, victims of a ratings war and chaotic shifts
in the business.

NBC Universal Chief Executive Jeff Zucker will step down
once Comcast Corp (CMCSA.O: Quote, Profile, Research, Stock Buzz) takes control of the company,
expected by the end of this year.

Sep 16, 2010

Super Bowl ads 90 percent sold; prices $3 mln-source

NEW YORK, Sept 15 (Reuters) – Fox Broadcasting has sold
more than 90 percent of its Super Bowl advertising time, with
prices running at an average of about $3 million for a
30-second spot, a source familiar with the matter said on
Wednesday.

Strong, early sales for the 2011 National Football League
championship game suggest that advertisers are as willing as
ever to pay up for the chance to reach a U.S. television
audience of more than 100 million viewers, despite worries
about the economy and budget constraints.

Sep 1, 2010
via MediaFile

Apple TV? Google TV? Here’s a primer

As the world knows (perhaps too well) by now, Apple unveiled its latest version of Apple TV on Wednesday. Maybe you’re not familiar with Apple TV (even Steve Jobs admits it didn’t sell all that well) or maybe you’re just confused about the whole web-to-television thing (who could blame you?).  And how does Google TV fit into all of this? Reporter Liana B. Baker gives us a breakdown.

COST:
Apple: $99
Google: Not yet announced

HOW IT WORKS:
Apple: Apple TV is a compact box that hooks into TVs and allows viewers to stream shows and movies that they have rented or downloaded from iTunes. It requires an Internet connection and can access YouTube, Flickr and other sites. It can stream music from iTunes and play shows or movies that have been downloaded on separate devices from iTunes. Apple TV can be controlled through iPods, iPhones and iPads after downloading an app.
Google: Google TV will allow viewers to search and watch programs from the Internet and their DVR recordings. Sony TVs and blu-ray players, as well as Logitech TVs, will come with Google TV installed. A separate stand-alone device is also available. The software has a Chrome Web browser built in so users can access whatever videos, photos, music and games are online. The Android Market will be on Google TV starting in 2011.

Aug 27, 2010

Quattrone rises as tech bidding war escalates

NEW YORK (Reuters) – It’s beginning to feel a lot like the 1990s — at least as far as technology mergers and acquisitions are concerned.

You have headline-grabbing takeovers such as Intel Corp-McAfee Inc (INTC.O: Quote, Profile, Research, Stock Buzz)(MFE.N: Quote, Profile, Research, Stock Buzz), ambitious Internet IPOs such as Skype and, of course, there’s the amazing comeback of Frank Quattrone.

Aug 23, 2010

HP launches $1.6 billion bid for 3PAR

NEW YORK (Reuters) – Hewlett-Packard Co offered $1.6 billion for 3PAR Inc on Monday, topping technology rival Dell Inc’s deal to buy the data storage company and potentially sparking a bidding war.

HP’s move to acquire 3PAR for about one-third more than Dell’s offer comes during a rush of mergers in the technology sector, with companies taking advantage of cash stockpiles and relatively low stock market prices.

Aug 23, 2010

HP launches bid for 3PAR, topping Dell offer

NEW YORK, Aug 23 (Reuters) – Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz)
offered $1.6 billion for 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz) on Monday, topping
technology rival Dell Inc’s (DELL.O: Quote, Profile, Research, Stock Buzz) deal to buy the data
storage company and potentially sparking a bidding war.

HP’s move to acquire 3PAR for about one-third more than
Dell’s offer comes during a rush of mergers in the technology
sector, with companies taking advantage of cash stockpiles and
relatively low stock market prices.

Jul 28, 2010

Comcast revenue up; profit slips on NBC costs

NEW YORK (Reuters) – Comcast Corp (CMCSA.O: Quote, Profile, Research, Stock Buzz) reported a better-than-expected 6 percent rise in quarterly revenue, but the cable giant’s profit was undercut by fees it paid to bankers and lawyers involved in its acquisition of NBC Universal.

Comcast, which has been working closely with regulators and hopes to close the NBC Universal deal late this year, benefited from more of its customers buying a more expensive package of services, signing up for phone, cable and broadband, for instance. A rebound in advertising also helped.

Jul 20, 2010

Omnicom says ad clients back on the offensive

NEW YORK, July 20 (Reuters) – Omnicom Group Inc (OMC.N: Quote, Profile, Research, Stock Buzz)
reported stronger-than-expected quarterly results and pointed
to a major shift among its blue-chip advertising clients: They
are back on the spending offensive.

“Last year, the focus was survival,” Chief Executive John
Wren said of his clients, which include household names like
McDonald’s Corp (MCD.N: Quote, Profile, Research, Stock Buzz) and Pfizer Inc (PFE.N: Quote, Profile, Research, Stock Buzz). “Today, it’s
growth.”

Jul 16, 2010
via MediaFile

Relief in Philadelpia? NBCU profit up 13 percent

NBC Universal’s quarterly results — still wrapped into the General Electric numbers — should have some of the folks down in Philadelphia smiling this weekend. The numbers didn’t set the world on fire, but both profit and revenue showed improvement thanks to (what else) the cable division.

Overall, NBCU’s quarterly profit rose 13 percent to $607 million. Revenue climbed 5 percent to $3.75 billion.

Jul 10, 2010

Even absent, Apple’s Jobs a big player at Sun Valley

SUN VALLEY, Idaho (Reuters) – Apple Inc boss Steve Jobs was a no-show at an annual pow-wow of media and technology moguls in Sun Valley. But he was far from forgotten.

At a conference graced by such luminaries as Warren Buffett and Bill Gates, Jobs and the consumer electronics titan he co-founded were on the lips of the assembled media and tech chieftains alternately wary of and excited by Apple’s growing sway over the industry.