Philly Comcast Subscriber? You’re (Maybe) About to Get Some Goodies.

Photo | Jeff Fusco

Comcast has settled a lawsuit alleging it overcharged Philly-area customers for cable TV subscribers — and that means current and former subscribers are going to be eligible for some goodies … if the settlement is approved by a judge.

Reuters reports:

The preliminary settlement, which requires court approval, calls for Comcast to pay $16.67 million in cash to current and former subscribers in Philadelphia and four nearby counties.

Comcast will also offer current subscribers as much as $33.33 million in services via a $15 bill credit or free Internet upgrades or movies worth up to $43.90.

Ars Technica gives some background:

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Questioning Comcast’s Merger Plans

Will Comcast be able to pull off its merger with Time Warner Cable? The smart money says yes — the company has a lot of muscle in Washington D.C. —but there’s a real possibility that federal regulators will put strict conditions on their approval.

Let’s see what the headlines have to say about this:

Is Comcast’s Time Warner Cable Acquisition in Jeopardy? As an investor, you would be foolish to not want the Comcast/Time Warner acquisition to go through. And although the market appears to be hedging its bets, it’s a pretty good chance the FCC and DOJ will sign off on the merger. The larger entity will be better equipped to negotiate programming costs with channels. As a subscriber, the result of this acquisition is less important than most think. However, that doesn’t mean that pay-TV providers aren’t starting to pay attention to changing demands. Last year pay-TV experienced its first every year-over-year subscriber drop as a result of the powerful trend of cord cutting. And many of those still with pay-TV are looking a smaller, less-expensive packages with an emphasis on Internet service rather than TV. If pay-TV doesn’t adjust to this trend by adding more value, the result of this merger is akin to rearranging deck chairs on the Titanic.

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Animatronic Snowmen, Cartoon Penguins, the PA Ballet and More at Comcast’s 2014 Holiday Show

Comcast Center Holiday Spectacular in 2013 | Photo by Joseph Kaczmarek

Comcast Center Holiday Spectacular in 2013 | Photo by Joseph Kaczmarek

The flame in our jack-o-lanterns is still going strong, and we haven’t even begun to think about what we’re serving for Thanksgiving, but local businesses are already announcing plans for the holidays to give eager elves the chance to get the ball rolling on their [insert your winter holiday of choice] plans.

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Comcast Earnings Rise 12 Percent

Gryffindor shirts for sale on display during a preview of Diagon Alley at the Wizarding World of Harry Potter at Universal Orlando, Thursday, June 19, 2014, in Orlando, Fla. (AP Photo/John Raoux)

Gryffindor shirts for sale on display during a preview of Diagon Alley at the Wizarding World of Harry Potter at Universal Orlando, Thursday, June 19, 2014, in Orlando, Fla. (AP Photo/John Raoux)

Comcast reported its third-quarter earnings today. It made a lot of money. A lot of money. Harry Potter money.
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Could Comcast Investment Solve Customer Service Issues?

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You know Comcast has been in trouble lately over customer service issues? Comcast Ventures, the (natch) venture capital arm of the company, just made a big investment that might help resolve those issues.

Portland Business Journal reports that Comcast Ventures was the big investor in Lytics, a software company that just raised $7 million in funding. Andrew Cleland, a partner at Comcast Ventures, will join the Lytics board.

And what does Lytics do?

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Comcast Wins $7.5 Million Trial Against Sprint

Comcast-tower-night-photo-jeff-fusco-940x540

Some good news for Comcast: The company has won a $.7.5 million trial against Sprint for patent infringement.

Bloomberg explains:

Comcast, which is seeking regulatory approval to buy rival Time Warner Cable Inc. for $45.2 billion, sued Overland Park, Kansas-based Sprint in 2012 in Wilmington, Delaware, alleging Sprint used its protected technology for methods of call-routing over the Internet and traditional phone lines.

Targeted in court papers were parts of Sprint functions such as Sprint Mobile Integration, which expands mobile-phone capabilities; the use of Google Voice for online voice mail; and Airave 2, which provides a boosted wireless signal.

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Our First-Ever Good Comcast Headlines Roundup

We’ve seen a few complaints lately that we only print bad news about Comcast in these parts — and we kind of understand: Comcast is our hometown hero here in Philadelphia, but it’s also a big cable company and people don’t like their cable company, almost ever. So when we go searching for headlines about the company to relay to you, we often end up stuck with a series of stories that must give heartburn to Comcast execs.

We’ll take a day off from that today, and present you with the first-ever presentation of the Good Comcast Headlines Roundup!

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