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NEW YORK Comcast is buying DreamWorks Animation, the film company behind the 'Shrek,' Madagascar' and 'Kung Fu Panda' franchises, for approximately $3.55 billion, strengthening its presence in the important and growing business of children's entertainment.

Published in Biz

NEW YORK Cable's pricey Internet packages may get some competition from the founder of Aereo, whose first attempt to shake up the cable industry was quashed by the Supreme Court.

Starry will be a wireless service that, unlike cellphones, promises to be speedier than cable and designed for single locations such as homes and small businesses. The service is expected to launch in Boston this summer, with plans to expand to other U.S. cities and even internationally, though no time frame was given.

In announcing the project in New York on Wednesday, its founder, Chet Kanojia, decried the lack of competition in U.S. broadband.

Published in Tekk

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