Comcast’s CEO Is Considering His Next Big Move In The Transforming Media Landscape
Comcast Corp. CEO Brian Roberts has a penchant for lining up a huge deal around every five years or so. It was 2018 the last time he made a …
Hulu Co-Owners Disney, Comcast Fight To Reach A Deal
Hulu’s parents, Walt Disney Co. and Comcast, are negotiating to end their troubled marriage. Comcast can require Disney, which owns …
Comcast Launches Now TV, A $20-A-Month Streaming Service
Comcast is rolling out Now TV, a streaming offering aimed at what it calls “the value-conscious consumer who wants an entertainment …
Comcast CEO Says It’s ‘More Likely Than Not’ It Will Sell Remaining Hulu Stake To Disney
It seems more and more likely that Disney is going to fully own Hulu. It just comes down to price. Speaking Tuesday at MoffettNathanson’s …
Comcast Pulls NFL Network After Carriage Agreement Expires
Comcast subscribers aren't able to view NFL Network after the cable company pulled the channel when its carriage agreement expired.
The …
A New Record Bad: Comcast’s 614K Pay TV Sub Losses In Q1 Take Cord-Cutting To Next Level
Comcast says churn and disconnects haven't increased, it's more a matter of fewer broadband "connects" leading customers back into the pay …
EARNINGS CALL
Cavanagh In For The Long-Haul At NBCU
With Comcast President Mike Cavanagh now directly overseeing NBCU, Bank of America analyst Jessica Reif Ehrlich asked during a Q&A …
QUARTERLY REPORT
Comcast 1Q Rev Slips 4% But Beats Forecasts; NBCU Hits 22M Peacock Subs
Comcast reported a 4% year-over-year dip in revenue in the first quarter, to $29.7 billion, but still exceeded Wall Street …
Comcast Integrates NBC News Now, Sky News, 19 Xumo-Branded FAST Channels Into Xfinity Stream App
Comcast has natively integrated 21 FAST (free, ad-supported TV) channels into its Xfinity Stream app. Stream users now have free access …
Comcast President Mike Cavanagh Permanently Replacing Jeff Shell
The executive is a company veteran but a relative newcomer to Hollywood, unlike Shell, who left after an inappropriate relationship with a …
Comcast Doesn’t Want Warner Bros. Discovery RSNs: Report
Comcast is not interested in running the regional sports networks Warner Bros. Discovery is planning to shut down, according to a published …
Comcast Xfinity Subs Will Lose Peacock Free Access This Summer
Comcast is ending Peacock’s free ride on Xfinity in the next few months. Since the streaming service launched in 2020, the cable giant has …
Disney CEO Bob Iger Is Open To Selling Hulu
Disney CEO Bob Iger said today that he’s open to selling Hulu — instead of forking over billions of dollars to buy out Comcast’s stake in …
Comcast Bags $45M As Florida Dishes Out $144M For Broadband
Florida awarded more than $144 million for broadband projects across 41 counties there, with Comcast scoring nearly a third of the money …
Comcast Dumps 6 Million Shares Of BuzzFeed After Media Company Finally Gets A Bump
The $15.7 million sale follows a big runnup in BuzzFeed’s shares following the announcement it will use AI to produce content
EARNINGS CALL
NBCU’s Shell: The Ad Market Is A Mixed Bag
He tells analysts, “The ad market feels to me like it has stabilized a bit. We’re assuming it’s going to stay weak for the first half of …
QUARTERLY REPORT
Comcast Beats 4Q Earnings Expectations, Peacock Tops 20 Million Subscribers
Comcast Corporation topped Wall Street earnings expectations for the fourth quarter of 2022 on Thursday, posting adjusted earnings per share …
Comcast Seeks $50 Million From Pac-12 Networks Following Years Of Overpayments
The scandal has already cost the troubled regional sports network its president and CFO.
Comcast Promotes Jason Armstrong To CFO, Succeeding Mike Cavanagh
Comcast has upped its deputy chief financial officer Jason Armstrong to the CFO post, succeeding Mike Cavanagh, who was named president of …
Standard General, Comcast Strike Tegna Retrans Agreement
Comcast and Standard General have struck an agreement confirming Standard General's pledge to the FCC that it would agree not to raise the …
Comcast Raising Prices On Xfinity Broadband Plans
Most customers will see their bills go up by $3, including those on promotional contracts.
Comcast, Nexstar Reach Agreement To Avoid Blackout
Comcast Corp. and Nexstar Media Group reached an agreement over the weekend that prevented millions of Xfinity pay TV customers from losing …
Comcast Files Bad Faith Complaint Against Nexstar At FCC
Things keep getting messier between Comcast and Nexstar, with the cable operator filing a complaint at the FCC late Monday alleging that …
Comcast Announces First ‘Live’ 10G FDX DOCSIS 4.0 Connection
Comcast says it hooked up a real Philadelphia business to symmetrical multi-gigabit internet using Full Duplex DOCSIS 4.0 Tech. It says …
Comcast Raising Rates Again
Comcast’s TV service will see big increases in fine-print fees that it doesn’t advertise, while the large-print rates for its broadband will …
Comcast Set To Raise Broadcast TV Surcharges
Comcast has started notifying customers and municipalities that it plans to raise video and Internet prices next month, including a whopping …
Comcast Offers A Week Of Streaming Freebies To Xfinity Video Subscribers
Comcast announced that subscribers to its Xfinity X1, Flex and Stream services get a week of free viewing — from Nov. 22 through Nov. 28 — …
COMMENTARY BY GAVIN BRIDGE
Why Comcast And Charter Are Embracing CTV
The recent news that Comcast and Charter are branding their joint venture into connected TVs, devices and free streaming Xumo — with the …
NEWS ANALYSIS
Is Comcast Finally Giving Up On Pay TV By Putting NBC Affiliates On Peacock?
Maybe ... if you believe there is a sizable number of viewers who subscribe to Peacock Premium Plus.
Comcast Agrees To Modify Or Drop T-Mobile Comparison Ad Claims
The National Advertising Division (NAD) of BBB National Programs, the ad self-regulatory review body, has advised Comcast to modify or drop …
Comcast, Charter Announce Xumo As Name Of Their Streaming Joint Venture
Comcast and Charter Communications have settled on Xumo as the name of their streaming platform joint venture, as the two biggest U.S. cable …
EARNINGS CALL
Comcast’s NBCU Sees Ad Market Pressure In Current Quarter
Comcast President Mike Cavanagh: “Looking to the fourth quarter, we expect media growth, ex-Peacock, to be impacted by a gradual …
QUARTERLY REPORT
Comcast Tops 3Q Estimates Despite Tough Comparisons
Comcast narrowly beat Wall Street estimates in the third quarter despite volatility in the U.K. and Europe, tough comparisons with the …
Comcast Pulls Plug On G4 TV, Ending Comeback Try For Gamer-Focused Network
Comcast’s Spectacor division is pulling the plug on video game-centric network G4 TV, whose early incarnation in the 2000s remains a …
Comcast Promotes Mike Cavanagh To President, Will Remain CFO
NBCUniversal parent Comcast has promoted CFO Mike Cavanagh to president, working closely with chairman-CEO Brian Roberts to manage the …
COMMENTARY
Another Big TV-Media Merger — Even Bigger Than Warner Bros. Discovery? Why Not?
Wayne Friedman: "Could there be another even bigger media merger than the recently completed WarnerMedia and Discovery? How about this …
ESPN Would Help Disney And Comcast Settle A Score
The drama between Walt Disney and Comcast. Their rivalry adds intrigue to the desire of Disney boss Bob Chapek to acquire the rest of …
Could Comcast Make A Move For Warner Bros. Discovery?
Warner Bros. Discovery has been going all-in on cutting costs to alleviate its roughly $53 billion debt. But with uncertain financial …
Comcast Commits To Doubling Its Network Energy Efficiency By 2030
The cable operator says it will grow its network sustainability by cutting electricity per terabyte of data in half by 2030.
Brian Roberts: Comcast Would Buy Hulu Outright If It Were For Sale
Less than two hours after Walt Disney Co., CEO Bob Chapek said he’d like to exercise his right to buy out Comcast’s 33% stake in SVOD …
Comcast’s FreeWheel Names Soo Jin Oh Chief Strategy Officer
FreeWheel, Comcast’s advanced advertising unit, has tapped Soo Jin Oh for the newly created role of chief strategy officer. Joining …
Comcast Looks To Cut Up To $1 Billion From Budgets At Its TV Networks
NBCUniversal Chief Executive Officer Jeff Shell has asked his top deputies to find savings at its legacy cable and broadcast TV networks, …
Walmart Ponders Streaming Deal With Paramount, Disney And Comcast
The retail giant is exploring bundling a streaming service into its Walmart+ membership program.
Comcast and Charter May Need New Focus As Broadband Growth Stalls Amid Competition
Comcast and Charter, the two largest U.S. cable companies, have a broadband growth problem. As tens of millions of Americans canceled their …
QUARTERLY REPORT
Comcast Beats Wall Street Estimates With Strong 2Q But Peacock Premium Subs Flat At 13M
Comcast beat Wall Street analysts’ estimates for the second quarter, delivering total revenue of $30 billion and earnings per share of …
Comcast Eyes Vizio And Others For Smart TV Acquisition
Cable giant Comcast has been weighing the acquisition of a TV maker to bolster its nascent smart TV platform efforts. One of the companies …