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EDITED TRANSCRIPT CMCSA.OQ - Q3 2020 Comcast Corp Earnings Call
REFINITIV STREETEVENTS EDITED TRANSCRIPT CMCSA.OQ - Q3 2020 Comcast Corp Earnings Call EVENT DATE/TIME: OCTOBER 29, 2020 / 12:30PM GMT OVERVIEW: Co. reported 3Q20 consolidated revenue of $25.5b. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us ©2020 Refinitiv. All rights reserved. Republication or redistribution of Refinitiv content, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. OCTOBER 29, 2020 / 12:30PM, CMCSA.OQ - Q3 2020 Comcast Corp Earnings Call CORPORATE PARTICIPANTS Brian L. Roberts Comcast Corporation - Chairman & CEO David N. Watson Comcast Corporation - President & CEO, Comcast Cable Jeff Shell Comcast Corporation - CEO, NBCUniversal Jeremy Darroch Comcast Corporation - Group Chief Executive, Sky Marci Ryvicker Comcast Corporation - SVP of IR Michael J. Cavanagh Comcast Corporation - CFO CONFERENCE CALL PARTICIPANTS Benjamin Daniel Swinburne Morgan Stanley, Research Division - MD Craig Eder Moffett MoffettNathanson LLC - Founding Partner Douglas David Mitchelson Crédit Suisse AG, Research Division - MD Jessica Jean Reif Ehrlich BofA Merrill Lynch, Research Division - MD in Equity Research John Christopher Hodulik UBS Investment Bank, Research Division - MD, Sector Head of the United States Communications Group and Telco & Pay TV Analyst Philip A. Cusick JPMorgan Chase & Co, Research Division - MD and Senior Analyst PRESENTATION Operator Good morning, ladies and gentlemen, and welcome to Comcast's Third Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note that this conference call is being recorded. I will now turn the call over to Senior Vice President, Investor Relations, Ms. Marci Ryvicker. Please go ahead, Ms. Ryvicker. Marci Ryvicker - Comcast Corporation - SVP of IR Thank you, operator, and welcome, everyone. -
Case M.8861 - COMCAST / SKY
EUROPEAN COMMISSION DG Competition Case M.8861 - COMCAST / SKY Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 15/06/2018 In electronic form on the EUR-Lex website under document number 32018M8861 EUROPEAN COMMISSION Brussels, 15.6.2018 C(2018) 3923 final In the published version of this decision, some information has been omitted pursuant to Article 17(2) of Council Regulation (EC) No 139/2004 concerning non-disclosure of business secrets and PUBLIC VERSION other confidential information. The omissions are shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a general description. To the notifying party Subject: Case M.8861 - Comcast/Sky Commission decision pursuant to Article 6(1)(b) of Council Regulation No 139/20041 and Article 57 of the Agreement on the European Economic Area2 Dear Sir or Madam, (1) On 7 May 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Comcast Corporation ("Comcast" or the "Notifying Party", United States) proposes to acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Sky plc ("Sky", United Kingdom and the "Proposed Transaction"). Comcast and Sky are collectively referred to as the "Parties".3 1. THE OPERATION (2) Comcast is a US listed global media, technology and entertainment company, with two primary businesses: Comcast Cable and NBCUniversal ("NBCU"). Comcast is present in Europe almost entirely through NBCU, which is active in Europe in: (i) production, sales and distribution of film and television content; (ii) wholesale supply of TV channels and on-demand services; (iii) CNBC, a business news service, as well as NBC News; (iv) the provision of television content to end users through NBCU’s video on demand service; (v) the licensing of its 1 OJ L 24, 29.1.2004, p. -
Q4 2020 Comcast Corp Earnings Call on January 28, 2021 / 1:30PM
REFINITIV STREETEVENTS EDITED TRANSCRIPT CMCSA.OQ - Q4 2020 Comcast Corp Earnings Call EVENT DATE/TIME: JANUARY 28, 2021 / 1:30PM GMT OVERVIEW: Co. reported 4Q20 reported revenue of $27.7b and adjusted EPS of $0.56. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us ©2021 Refinitiv. All rights reserved. Republication or redistribution of Refinitiv content, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 28, 2021 / 1:30PM, CMCSA.OQ - Q4 2020 Comcast Corp Earnings Call CORPORATE PARTICIPANTS Brian L. Roberts Comcast Corporation - Chairman & CEO Dana Strong Comcast Corporation - Group Chief Executive Officer, Sky David N. Watson Comcast Corporation - President & CEO, Comcast Cable Jeff Shell Comcast Corporation - CEO, NBCUniversal Marci Ryvicker Comcast Corporation - SVP of IR Michael J. Cavanagh Comcast Corporation - CFO CONFERENCE CALL PARTICIPANTS Benjamin Daniel Swinburne Morgan Stanley, Research Division - MD Brett Joseph Feldman Goldman Sachs Group, Inc., Research Division - Equity Analyst Craig Eder Moffett MoffettNathanson LLC - Founding Partner Douglas David Mitchelson Crédit Suisse AG, Research Division - MD Jessica Jean Reif Ehrlich BofA Merrill Lynch, Research Division - MD in Equity Research John Christopher Hodulik UBS Investment Bank, Research Division - MD, Sector Head of the United States Communications Group and Telco & Pay TV Analyst Philip A. Cusick JPMorgan Chase & Co, Research Division - MD and Senior Analyst PRESENTATION Operator Good morning, ladies and gentlemen, and welcome to Comcast's Fourth Quarter and Full Year 2020 Earnings Conference Call. (Operator Instructions) Please note that this conference call is being recorded. I will now turn the call over to Senior Vice President, Investor Relations, Ms. -
A New Level to Pay TV Netflix Integration January 2019 Sky Ultimate on Demand Introduction
Sky Ultimate On Demand A new level to Pay TV Netflix Integration January 2019 Sky Ultimate On Demand Introduction In November 2018 Sky joined the long list of Pay TV operators that offer Netflix to their subscribers. With Movistar also launching at the end of 2018 in Spain, and OSN (Middle East) set for launching in 2019 we may have reached a tipping point with operators approach to Netflix. Operators who have been strong in building their own channels and services are now willing to fully embrace the importance of Netflix to their customers, and the belief that they are not competing for subscribers outweighs any issues over their competition for content and customer revenue. “We want Sky Q to be the number one destination for TV fans. Partnering with Netflix means we will have all the best TV in one great value pack, making it even easier for you to watch all of your favourite shows.” Stephen van Rooyen Chief Executive, Sky UK & Ireland Insight - Sky Ultimate On Demand January 2019 2 Sky Ultimate On Demand Netflix and Pay TV Operators Netflix’s first Pay TV integrations were in 2013 with TiVo boxes offered by Virgin Media (UK) and Com Hem (Sweden). Virgin were the first to add Netflix to their set-top-box in November 2013, and more have followed as Netflix’s market position has grown and operators realised they can work together. Operators have been adding Netflix to their own services to varying degrees, with variations to the user experience, billing, UHD availability and the pricing proposition. -
Report for 2Degrees and TVNZ on Vodafone/Sky Merger
Assessing the proposed merger between Sky and Vodafone NZ A report for 2degrees and TVNZ Grant Forsyth, David Lewin, Sam Wood August 2016 PUBLIC VERSION Plum Consulting, London T: +44(20) 7047 1919, www.plumconsulting.co.uk PUBLIC VERSION Table of Contents Executive Summary .................................................................................................................................. 4 1 Introduction ..................................................................................................................................... 6 1.1 The applicants’ argument for allowing the merger .................................................................... 6 1.2 The structure of our report ........................................................................................................ 6 2 The state of competition in New Zealand ....................................................................................... 8 2.1 The retail pay TV market ........................................................................................................... 8 2.2 The retail fixed broadband market ..........................................................................................10 2.3 The retail mobile market..........................................................................................................12 2.4 The wholesale pay TV market ................................................................................................13 2.5 New Zealand’s legal and regulatory regimes ..........................................................................14 -
Vod Copy Approval and Delivery
Spider-Man: Far From Home VoD Commercials Approval and Delivery – A guide • Creative Agency needs to upload commercial to Clearcast and instructions via Caria – Clearcast gives us the required approvals – When instructions are sent via Caria, copy begins to transcode automatically once delivered • VoD copy needs to be fully approved for Linear by Clearcast. – Submit for Linear approval, NOT VOD! • Creatives have a choice of three delivery centres to supply commercials, they need to be delivered to BOTH Sky UK/TV AND Sky Online – Submit to both at point of order – Clickable campaigns can be supplied to Sky Online only • Copy and instructions need to be delivered 6 working days prior to start of campaign – Allows time for sales/campaign managers/ops to set live, and to fix technical issues • The agencies send commercials via one of these three Centres. • At Sky, we have two Video Libraries • This means we have two destinations at each Delivery Centre; – SkyUK/SkyTV/SkyHD – Sky Online • Sky UK – Sent to M.A.M. (Media Asset Management) – Any content we serve direct to the Sky Box – TV VoD (Push and Pull VoD), Linear TV, Adsmart • Sky Online – Sent to H.V.L. (Honeycomb Video Library) – Any content we serve to devices outside the Sky Box – Sky Go, Demand 5, Sky Go Linear, Kids VoD, PC VoD, Advance – This can include viewing on a big screen (X-Box, Ps4 devices) – These can include a link to direct viewer to extra content • The majority of VoD campaigns will include impressions on the Sky box and OTT devices • Unless a campaign is exclusively on one, it makes sense to get in the habit of sending to both • We serve VoD content to big screen devices • As a consequence, we need to ensure linear viewing approval rules are adhered to • ‘Online’ campaigns will serve to PS4/Xbox, which are viewed on a TV/ hence linear approval needed • OTT linear campaigns play over linear feeds, hence the approval. -
Sky Media Vod Intro the Very Best Content – Delivered Wherever, Whenever
Sky Media VoD intro The very best content – delivered wherever, whenever Delivered wherever, whenever Sky Go The way viewers are consuming TV is rapidly changing. At Sky, we Sky Go is Sky’s service that allows users to view content on a are proudly placed at the forefront of this transition, offering our variety of devices including desktop, mobile and tablet customers the ultimate in flexible, fluid viewing. Users stream content from the Sky Go website or app. Viewing has increased rapidly over the past 5 years coinciding with the Whether it be downloading a movie in the living room on the set rise of tablets and smartphones top box, or watching a boxset on an iPad in the park, Sky offers customers the very best content whenever and wherever they Sky Go’s VoD adload is low, and ads are clickable/trackable are. One preroll break and midroll break is the maximum number of breaks on Sky Go content. Each break is restricted to a maximum There are two consumer services, ‘Sky Go’ and ‘On Demand’ of 2 ads so there is very low clutter. In movies there is no midroll. delivering across four strands of content: • Catchup Sky Go Linear allows advertisers to target live viewing too! • Movies The Sky Go Linear platform dynamically overlays the linear • Boxsets transmission with bespoke, targeted ads. This includes channels • Sports from Sky Atlantic to Sky Sports F1 Crucially, movies and boxsets are the biggest drivers of VOD on Sky. This content is incremental to linear viewing and captures viewers at their most engaged, “lean forward” moments. -
Sports Streaming Special
The magazine for global video www.csimagazine.com April 2018 AR vs VR video AR vs Cyber security Voice interfaces Voice encoding AV1, HEVC & future of & future HEVC AV1, Sports streaming special June 2016 • OTT, VoD, Cloud TV, Cable, Satellite, IPTV, DTT, IoT • The latest news, views and features Coveer2018-April-v2.indd 1 21/03/2018 17:20:23 2018 12- 14 June 2018 EXHIBITION & CONFERENCE REGISTER NOW! BROADBAND REGISTER EXHIBITION & CONFERENCE FOR TELEVISION BROADBAND, CABLE & SATELLITE • 12 - 14 June 2018 • Cologne / Germany ONLINE • www.angacom.de 19,000 2,300 460 PARTICIPANTS CONFERENCE EXHIBITORS 50 % INTERNATIONAL ATTENDEES FROM 37 COUNTRIES ANGA Services GmbH Nibelungenweg 2 · 50996 Köln / Germany Kindly supported by www.angacom.de Tel. +49 (0)221 / 99 80 81-0 · [email protected] Untitled-6 1 23/03/2018 15:38:21 Contents The magazine for global video 17 Voice interfaces Operators globally are finally deploying www.csimagazine.com April 2018 voice control, starting with better content AR vs VR video search and discovery. Two features in this Cyber security section examine the latest trends and what Editor Voice interfaces Voice lies in store Goran Nastic encoding AV1, HEVC & future of & future HEVC AV1, Commercial Sports streaming special 24 Next-gen compression Camilla Capece June 2016 • OTT, VoD, Cloud TV, Cable, Satellite, IPTV, DTT, IoT • The latest news, views and features Coveer2018-April-v2.indd 1 21/03/2018 17:20:23 AOM’s AV1 codec is emerging as a major Pallavi Pandey 05 News alternative family to the MPEG/ISO community, putting pressure on HEVC. -
Sky±HD User Guide
Sky±HD User Guide Welcome to our handy guide designed to help you get the most from your Sky±HD box. Whether you need to make sure you’re set up correctly, or simply want to learn more about all the great things your box can do, all the information you need is right here in one place. The information in this user guide applies only to Sky±HD boxes with built-in Wi-Fi®, which can be identified by checking whether there is a WPS button on the front panel (DRX890W and DRX895W models). Welcome to your new Sky±HD box An amazing piece of kit that offers you: • All the functionality • Easy access to On • A choice of over 50 HD • Up to 60 hours of of Sky± Demand with built-in channels, depending HD storage on your Wi-Fi® connectivity on your Sky TV Sky±HD box or up subscription to 350 hours of HD storage if you have a Sky±HD 2TB box Follow this guide to find out more about your Sky±HD box* * All references to the Sky±HD box also apply to the Sky±HD 2TB box, and the product images in this user guide reflect the Sky±HD box. If you have a Sky±HD 2TB box then it will look slightly different but the functionality is the same. Contents Overview page 4 Enjoying Sky Box Office entertainment page 57 Let’s get started page 9 Other services page 61 Watching the TV you love page 18 Get the most from Sky±HD page 64 Pausing and rewinding live TV page 28 Your Sky±HD box connections page 86 Recording with Sky± page 30 Green stuff page 91 Setting reminders for programmes page 41 For your safety page 95 Using your Planner page 42 Troubleshooting page 98 TV On Demand -
Social Distancing and Streaming TV Viewing Takes on New Behaviours and Characteristics with the Coronavirus
Sentiment Insights Series Social Distancing and Streaming TV Viewing Takes on New Behaviours and Characteristics with the Coronavirus UK EDITION March 2020 | White Paper Adapting to this rapidly changing environment requires the ability to quickly understand why viewers are engaging in content, beyond just traditional viewership metrics, and to interpret and adjust to those patterns in real-time. Copyright © 2020, TV Time, a Whip Media Group Company AllWhite product Paper names, | logos,Social and Distancing brands are property and Streaming of their respective owners. whipmedia.com About This Study The impact of the coronavirus has spread to the United Kingdom and every continent around the world (Antarctica is the only region spared thus far). Outbreaks are accelerating in major cities and metropolitan areas across the UK and the collective population is being directed to avoid crowds, cancel events, stay at home and work remotely to reduce the risk of contracting the disease or infecting others. As they adjust to this new life of isolation and social distancing, people are staying inside, hunkering down and turning to television. While TV viewership is already up, today’s situation is beyond what we’ve come to think about as binge watching. It’s not voluntary or by choice. It’s an extended period of content engagement to pass the time as consumers wait out the crisis. As the entire country vacillates between being worried and bored, anxious and reconciled, TV Time, a Whip Media Company, conducted a UK-based study in March 2020. The study leverages the UK based users of TV Time App’s global community of more than 13 million connected users of its TV tracking platform on both iOS and Android devices. -
Phonak Sky Q Because a Child Is Not a Small Adult a Child Is Not a Small Adult
Phonak Sky Q Because a child is not a small adult A child is not a small adult. It sounds obvious, but in reality it’s a profound insight - one that guides practically everything we do when we develop solutions for children. For example, you wouldn’t give a newborn baby a steak to eat. Just like you wouldn’t give a toddler adult medicine, or ask a 13-year-old to drive you to work. Whatever a child’s age, we treat them appropriately. This is especially important for children with hearing loss. From their initial testing and diagnosis through to hearing aid selection, verification, counseling and support, their needs are very different from those of adults. Crucially, these young listeners don’t have the foundation of language that adults do. So, they need the most consistent access possible to the sounds of life to build that foundation. At Phonak we have served children around the world for over 40 years, working alongside the world’s leading paediatric specialists and taking onboard the considered advice of our Paediatric Advisory Board. The result of this knowledge is a new dedicated portfolio of paediatric solutions. One that is designed to meet children’s specific needs - ensuring their access to speech and language is continually optimised. 2 3 Our new paediatric portfolio includes the Phonak Sky Q hearing aid family and our expanded range of wireless accessories. Because products alone are not enough, we have refreshed our fitting software’s Junior mode, with special emphasis on verification. Plus we have enriched the support resources for you, children and their parents. -
Analysys Mason Document
Report for the Internet Society Discussion paper on the contribution of the Internet to content creation 31 May 2013 Michael Kende, Mark Colville, Alex Reichl Ref: 37342-244 . Contents 1 Executive summary 1 2 Introduction 3 3 The evolution of the content industry 4 3.1 Overview of trends in content distribution 4 3.2 Audio content 11 3.3 Video content 15 4 New business models 22 4.1 Streaming 22 4.2 Digital download services 30 4.3 Device strategies 32 4.4 TV Everywhere 34 5 Conclusions 37 Annex A About us Ref: 37342-244 . Discussion paper on the contribution of the Internet to content creation Copyright © 2013. Analysys Mason Limited and the Internet Society (ISOC). This work is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. To view a copy of this licence, visit: http://creativecommons.org/licenses/by-nc-sa/3.0/. The analysis and conclusions presented in this report are those of the stated author and Analysys Mason Limited, and have been arrived at independently of any client-specific work. Analysys Mason Limited St Giles Court 24 Castle Street Cambridge CB3 0AJ UK Tel: +44 (0)845 600 5244 Fax: +44 (0)1223 460866 [email protected] www.analysysmason.com Registered in England No. 5177472 Ref: 37342-244 . Discussion paper on the contribution of the Internet to content creation | 1 1 Executive summary The Internet is a platform that is ideal for the distribution of digital content such as music or video. In general, given that the Internet empowers technology at its edges, it allows companies to introduce innovative services that can grow quickly; more specifically, digital content can be copied perfectly an endless number of times and distributed at low cost, particularly compared with physical manufacture and distribution.