In 1988 the Soviet Union admitted that, for the previous 50 years, all of their maps had been faked. Rivers and streets were misplaced, boundaries were distorted, and sometimes things were just left off — a mountain here, a village there. Accurate maps were classified “state secrets” since Stalin. These maps woefully confused their own citizens and tourists, and didn’t stop that Nazi invasion.
If DirecTV loses the NFL Sunday Ticket package, plenty of customers won’t want DirecTV. The company’s potential buyer may not want it, either.
According to Jon Erlichman of Bloomberg.com, a federal filing made in connection with AT&T’s proposed purchase contains this clause: “The parties also have agreed that in the event that DIRECTV’s agreement for the ‘NFL Sunday Ticket’ service is not renewed substantially on the terms discussed between the parties, the Company may elect not to consummate the Merger[.]“
Included within recent remarks offered to investors at the MoffettNathanson Media and Communications Summit in New York, Comcast Executive VP David Cohen mentioned that Comcast will transition to a usage-based billing model for all subscribers within the next five years. Assuming that the current data cap of 300GB will continue to increase over the next five years, the new data cap could be around 500GB by the time we approach 2020. At this time, Comcast current uses 300GB monthly data caps in seven states that include Alabama, Georgia, Kentucky, Maine, Mississippi, Tennessee and South Carolina.
Read more: http://www.digitaltrends.com/home-theater/comcast-looks-cap-data-usage-potentially-impacting-cord-cutters/#ixzz31nCpOJTR
Discussing Josh Brown’s New Book “Clash of the Financial Pundits.”
Josh Brown is a financial professional and author of the The Reformed Broker blog — a must read for those “in the know.” He is a …
Since the first iteration of the iPad, users have requested a better way to multitask that includes two apps running on the same screen simultaneously. Samsung’s Sense Android skin and Microsoft Windows 8 both have versions of the…
Comcast-Time Warner Cable: The NY Times Likes It, So Why Worry?
An online piece from the New York Times Business Day section makes the case that because Comcast/Time Warner merger will allow the new company to squeeze content providers, the resulting savings will flow through to their customers. The general tone of the piece is that anyone that has issue with deal is relying on old-fashioned regulatory standards. And they’re right. They just picked the wrong side of the argument.
The likely result of this combination is that any cost savings from content costs will go directly to Comcast’s bottom line (not that there’s anything wrong with it). Because seriously, when was last time your cable or internet provider, or any utility for that matter, called you up and said, “Hey, we just cut a money-saving deal, so we’re going to charge you less.” Meanwhile, the content providers they squeeze (i.e. Netflix, Hulu) will simply make up for the pressure to their margins with higher prices to their subscribers (like me and you). I’m still trying to figure out why they think anyone’s Comcast bills will go down.
But according to the geniuses quoted in the NYT piece, since the two companies don’t currently operate in the same local cable markets, “the merger really has no impact on competition”. They say this deal is “pretty much an open-and-shut case”. Correct, except for the fact that they’ve got it backwards. It’s open-and-shut that this deal shouldn’t happen, since the result would be a monopoly. How else would one classify a company that controlled over 30% of US internet infrastructure, almost 30% of the country’s cable subscriber base, plus NBC Universal?
This deal essentially creates a high-tech version of Standard Oil, with little to benefit the consumer. Unless they happened to own Comcast stock.
No, not the NFL Combine (that’s over anyway). But if you’re interested in working on Wall Street and thought you never stood a chance, this may be your shot at the big time.
Set up as a competition, the Wall St. Combine will pick 50 winners from a pool of applicants based on a variety of metrics. Over the course of a weekend, judges will look at intangibles like street-smarts, raw intellect and how you handle pressure, to see if you’ve got what it takes. The 50 winners get an intro to an exclusive finance network that will help put them on the right career path, according to the Combine organizers. In other words, an all-access pass to the shakers and movers on the Street.
This Combine isn’t just for guys. All college juniors and seniors are eligible, as well as post-grads under two years. So, if you didn’t go to the so-called “right school” or your GPA didn’t earn you a look from the bulge-bracket talent scouts, here’s your chance to go pro. Sounds like it’s worth a look.
WebpageFX, an internet marketing firm, created the following maps to analyze how the Comcast-Time Warner Cable merger could affect the market for internet service providers. To build these images, data was collected based on how many visits each ISP received in every state. The companies displayed in these images were the most prominent ones in each state.