PHILADELPHIA (AP) — Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallons elevation as host of The Tonight Show.
Comcast Corp. announced Thursday that it is buying Time Warner Cable Inc. for $45.2 billion in stock. The deal combines two of the nation’s top pay TV and Internet service companies and makes Comcast, which also owns NBCUniversal, a dominant force in both creating and delivering entertainment to U.S. homes.
LOS ANGELES (AP) — Comcast Corp. has confirmed that it agreed to buy Time Warner Cable Inc. for about $45.2 billion in stock, or $158.82 per share, in a deal that would combine the nations top two cable TV companies.
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