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Comcast Pressures Local Cable Firms to Curb Low-Cost TV Packages [Bloomberg Business News]

COMCAST (CMCSA)  More Company Research Source: Bloomberg Business News
Last comcast earnings: 10/25 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
PDF By Gerry Smith Seeks to protect subscriber base for regional sports channels Said to seek 15% cap on number of customers for cheapest deals Comcast Corp. is trying to restrict cable operators’ sales of low-cost TV service to ensure its regional sports networks don’t lose too many subscribers, according to a trade group of about 750 smaller companies that have taken their complaint to regulators. Comcast has tried to limit the availability of sports-free offerings in contract talks with pay-TV operators, according to the American Cable Association, whose members have about 7 million subscribers. In addition to being the largest U.S. cable provider, Comcast owns regional sports channels in markets such as Boston, Chicago and Philadelphia. The claim shows programmers are fighting back as more consumers seek TV options that don’t include sports. Cable operators are trying to s [Read more]

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