- Universal Pictures
- Total Nominations: 10
- Best Picture Nominee: Dallas Buyers Club
- CMCSA Stock: Thumbs up
Looming large in Comcast’s universe right now is its $45 billion deal to buy Time-Warner Cable (TWC). If the two companies ink a deal, it will create a massive 30-million subscriber base, six times the size of Cox Communications. Merger is described as an industry “game changer.”
Both companies have a lot of subscribers and revenue to gain, but the merger will have to face scrutiny by regulators due to antitrust concerns. It’s estimated that the Comcast-Time Warner union would create $15 billion in annual free cash flow.
The Time-Warner Cable Comcast deal hasn’t even been sealed and along comes yet another opportunity for Comcast. Netflix (NFLX), which accounts for 30% of all Internet traffic, wants to pay Comcast to stream its entertainment content at higher speeds.
In the meantime, Comcast has performed admirably without help from either Netflix or Time-Warner. Profits rose 28.6% during fourth quarter of 2013 due to its NBC TV lineup and higher attendance at Universal Studios theme park. Revenue also rose 6.2% to $16.9 billion compared to $15.9 billion a year ago.
What’s in store for Comcast in 2014? It looks like the sky might be the limit.