Publishing & Media
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Philadelphia’s Braithwaite Communications Acquired By Atlanta-Based Arketi Group in Major PR Deal
Braithwaite Communications, a longtime Philadelphia-based public relations and marketing agency, has officially been acquired by Atlanta-based Arketi Group, writes Jeff Blumenthal for the Philadelphia Business Journal. This acquisition marks a significant shift in Philadelphia’s communications landscape. Founded in 1998 by Hugh and Carolyn Braithwaite, the firm has built a reputation in Philadelphia for strategic storytelling,…
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Sellersville Native Wins Pulitzer Prize Special Citation for Epstein Reporting
Sellersville native Julie K. Brown received a Pulitzer Prize special citation this week for her reporting on the Jeffrey Epstein case, writes Jason Nark for The Philadelphia Inquirer. Brown grew up in Chalfont and Sellersville, where her early life shaped the persistence that would define her career. She watched her mother raise three children alone…
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Sellersville’s Julie K. Brown: Investigative Journalist Who Brought Epstein to Justice
Julie K. Brown, the investigative journalist who took down Jeffrey Epstein, grew up in Bucks County, where she learned to fight for the voiceless, writes Jason Nark for The Philadelphia Inquirer. Brown saw her mother face years of hardship raising three children alone in Sellersville, including neighbors throwing dirt “bombs” at their split-level home on…
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Edge of Cinema Promotes Engaging Storytelling for Businesses Through Video Production
By the time 2009 rolled around, friends Matt Scura and Jeremy Schmidt had long noticed that there was a severe lack of strategy in both corporate and commercial production. That year, the two of them did something about it — launching Edge of Cinema. The digital marketing agency aims to help businesses produce websites, video…
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Comcast Nears $117.5M Settlement Deal in Yearslong Data Breach Lawsuit Proceedings
Comcast has reached a $117.5 million deal to settle 24 class-action lawsuits stemming from a 2023 data breach that might have impacted more than 30 million customers, writes Abraham Gutman for The Philadelphia Inquirer. The agreement received preliminary approval from a federal judge earlier this month. If the current terms of the agreement gets fully…
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How Larry Platt’s Acquisition of Philadelphia Magazine Came To Be
The Philadelphia Citizen’s acquisition of Philadelphia Magazine in October was the culmination of more than a year of talks and negotiations, and it took a number of key business leaders to make it happen, writes Jeff Blumenthal for the Philadelphia Business Journal. In the summer of 2024, Larry Platt received a message from Larry Ceisler,…
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Comcast Will Not Further Pursue Warner Bros. Discovery After Failed Bid
Comcast co-CEO Michael Cavanagh disclosed the details of the Philadelphia company’s failed bid for Warner Bros. Discovery on Monday, stating that it would not reenter the process after a hostile bid from Paramount sought to interfere with the Netflix deal announced last week, writes Ryan Mulligan for the Philadelphia Business Journal. Comcast suggested folding a…
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Comcast Hires 2 Banking Firms As Company Explores Potential Bid for Warner Bros. Purchase
Comcast recently hired two banking firms — Goldman Sachs and Morgan Stanley — as it explores making a bid for Warner Bros. Discovery’s studio and streaming businesses, write Dawn Chmielewsky, Amy-Jo Crowley, Dawn Kopecki, and Milana Vinn for Reuters. The two firms will be responsible for helping Comcast evaluate a prospective offer. According to two…
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Comcast Shares Decline As Broadband Subscriber Numbers Continue to Drop
Comcast has seen its shares drop as its number of broadband customers has declined for the 10th straight quarter, writes Kelcee Griffis for Bloomberg. In this past quarter, the Philadelphia-based cable and media conglomerate reported a loss of 140,000 broadband subscribers. While a significant number, it is much fewer than the 140,000 predicted by analysts.…
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Kathy Romano, Who Grew Up in Bucks County, Starts New Morning Show
Kathy Romano, who grew up in Bucks County, has joined B101 as its new morning show host four months after being laid off as co-host of WMMR’s top-rated Preston & Steve show, writes Jeff Blumenthal for the Philadelphia Business Journal. The Kathy Romano Show will premiere on Sept. 23, airing weekdays on Audacy-owned B101 from…
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WSJ: Comcast Expands and Reaches New Agreements With Amazon to Share Streaming Content Across Platforms
Philadelphia-based Comcast has reached new or expanded existing distribution agreements with Amazon to make their streaming content available on each other’s platforms, writes Dean Seal for The Wall Street Journal. Comcast customers will have Prime Video content available on NBCUniversal’s Xfinity X1 devices, while Amazon users will have access to NBCUniversal’s Peacock streaming app subscriptions…
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Skip the Slow Burn: Why the Smartest Brands Are Rethinking Content Marketing
Ask any marketer about content strategy, and you’ll hear some variation of this: it works, but it’s slow, resource-heavy, and hard to scale. Most content marketing feels like building a beautiful billboard in the middle of a desert, then hoping someone drives by. That’s the reality for many brands: smart messaging with no audience, strong…
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The Fanatic Dismisses Bristol’s Mike Missanelli, Plans New Midday Host
Bristol native Mike Missanelli, a well-known sports radio personality, has been dismissed by 97.5 The Fanatic with six months remaining on his contract, writes Rob Tornoe for The Philadelphia Inquirer. Beasley Media Group let go of Missanelli ahead of its latest earnings report, which showed drops in both net revenue and operating income, citing “softness…
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Comcast Fights Back to Keep Internet Customers with New Guarantees and Perks
Philadelphia-based Comcast has been exploring ways to reverse its internet customer exodus, which includes price guarantees and a free mobile line, writes Lizzy McLellan Ravitch for The Philadelphia Inquirer. For years, Comcast has been losing more cable customers than it has been adding, and more recently, it has also started losing broadband internet customers. The…
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WSJ: Comcast Reports Q2 Revenue Growth Driven By Xfinity Mobile Surge, Orlando Theme Park Opening
Comcast has reported second quarter revenue growth, driven by a rise in Xfinity Mobile subscribers and the opening of a new theme park in Orlando, writes Josie Reich for The Wall Street Journal. Revenue increased by 2.1 percent compared to the same period last year, reaching $30.3 billion and surpassing analyst expectations. Adjusted profit also…
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FCC Initiates Second Investigation of Comcast and NBCUniversal This Year
The Federal Communications Commission has launched another investigation into NBCUniversal and its parent company, Comcast, this year, focusing on their management of local broadcast television affiliate stations, writes Nick Vadala for The Philadelphia Inquirer. This follows the commission’s February investigation into the Philadelphia-based company’s diversity, equity, and inclusion practices. In a letter sent to Comcast…
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Wall Street Journal: Comcast Selling Sky Deutschland to Germany Media Group in $617M Deal
Comcast has announced it is selling Sky Deutschland to RTL Group, which is part of German media group Bertelsmann, write Najat Kantouar and Adrià Catatayud for The Wall Street Journal. This $617 million deal, to which RTL will pay up to 527 million euros, comes amidst the growth of streaming platforms in media company throughout…
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Disney Ends Comcast Valuation Process, Will Pay $438.7 Million to Acquire Hulu
Disney will pay Comcast $438.7 million for a stake in Hulu, writes Lilian Rizzo for CNBC. This marks the end of a years-long valuation process that started when Disney announced its intent to purchase Comcast’s 33 percent stake in Hulu in 2023. Back then, Disney paid $8.6 billion, reflecting Hulu’s guaranteed minimum value of $27.5…
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