In its battle against the growing trend of cutting the cord, Comcast instead wants TV viewers to ditch the DVR.
The cable TV giant on Tuesday took the wraps off X2, an upgrade to its X1 entertainment platform, which includes a new compact set-top box that will store recorded programs in the cloud. The box doesn't even have a hard drive for local storage, resulting in a form factor three times smaller than conventional boxes, and 50 percent less power consumption.
Expected to be available to consumers later this year, the new set-top box also includes voice-activated control, allowing … Read more
While most companies are making the jump from Web to mobile, NextGuide, the app that tells you when and where your favorite shows are on, has decided to go the opposite way. The social TV guide for iOS is now available on the Web.
NextGuide Web has the same functions as the iPad app and aims to bring together live TV and streaming videos. Users can pick their favorite shows and keep track of when, and where, the shows are available online or on TV.
"There's a lot of confusion around TV," said Jeremy Toeman, the CEO … Read more
With opening day a mere three days away, and the second weekend of the NCAA tournament under way, there is much in the way of great sporting events to consume in the coming days and weeks.
If you find yourself at work or otherwise away from your Comcast, er, Xfinity cable box and realize you forgot to record a game, fear not: you can set a recording using the Xfinity TV Remote app for iPhone or for Android. I would always recommend adding some extra time to your recording, but the process is a bit more involved with the mobile … Read more
Comcast now owns all of NBC Universal.
The cable company shared the news in a filing with the Securities and Exchange Commission yesterday, revealing that it completed its acquisition of the 49 percent of NBCU held by GE.
To finance the purchase, Comcast said it spent $10 billion in cash (of which $3.2 billion came from NBCU), $725 million in preferred stock, $4 billion in securities, $750 million in cash funded through a commercial paper program, and $1.25 billion in cash from NBCU's credit facility.
Comcast also announced that it now owns certain properties at NBCU's … Read more
Comcast Corp. is going to buy all of General Electric's remaining stake in NBCUniversal for $16.7 billion, the cable giant announced today.
NBCUniversal will also buy its facilities at 30 Rockerfeller Plaza and CNBC's headquarters in New Jersey for $1.4 billion. The deal is expected to go through by the end of March.
Comcast already owns 51 percent of NBCUniversal since its purchase of the majority stake from GE went through in 2011. Comcast is the largest cable provider in the U.S.
Today's announcement comes well before the agreed deadline for Comcast to buy … Read more
Comcast has agreed to buy a stake in set-top box maker Arris for $150 million.
Arris announced the agreement yesterday to sell roughly 10.6 million shares of its common stock, valued at $150 million, to Comcast. The deal will be completed in conjunction with Arris' purchase of the Motorola Home business from Motorola Mobility, a subsidiary of Google, that was worth $2.35 billion.
As a result, according to the statement, Comcast and Google will each own about 7.85 percent of outstanding Arris shares once the takeover is completed. In addition, as part of the Motorola Home business … Read more
With all the chatter about Apple upending the TV business as it did the music industry, you'd think the incumbent cable players were incapable of redefining the TV user experience. Comcast CEO Brian Roberts begs to differ. In an interview with Fortune, Roberts said he's taking lessons from Apple in how to "take really complicated things and make them simple, make them fun, make them beautiful and easy."
He continued, "As I think about where I'd like to see us go, it is absolutely … Read more
There are plenty of apps that can stream movies and TV shows to your tablet or smartphone -- Amazon Instant Video, Crackle, HBO Go, Hulu Plus, Netflix... shall I go on? -- but very few that let you download content for offline viewing.
That's kind of a bummer, because it means if you want to watch something on, say, an airplane, you have little choice but to buy from iTunes or rip from DVDs.