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The Latest Breaking News from Comcast

Disney's $60 billion parks spending plan signals it can afford Hulu

The gonzo 10-year investment comes with a message: the Mouse House has enough financial firepower to afford Hulu.

Fortune

Leaked email reveals Microsoft wants to buy Nintendo

Xbox boss Phil Spencer has some extraordinarily ambitious plans.

The Street

Byron Allen, one of America's most prominent Black businessmen, just reportedly bid $10 billion for broadcasting giant ABC in a bold move that would cap a stunning M&A record

Byron Allen was once the youngest stand-up in the history of Johnny Carson's "Tonight Show." Now he's a mogul in the mix with Bob Iger's Disney TV sale.

Fortune

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The second-largest streaming service in the U.S. could change hands as Comcast moves up deadline for $27.5 billion option to sell Hulu. ‘That’s a scarce kingmaker asset’

Comcast and Disney agreed to speed up the timeline for the streaming service they jointly own.

Fortune

NFL kicks off with Chiefs-Lions matchup; gaming, rights deals in focus

Betting on NFL games could top $24 billion this year as sports gaming platforms expand to new states heading into the 2023 season.

The Street

Rupert Murdoch’s corporate record over 70-plus years as CEO and chairman

News Corp’s head honcho is one of the canniest — and luckiest — media moguls in the world, taking his father’s lead and bettering it.

Crikey

Why cord cutting has become a disaster for consumers

We all were so young and naïve about the entertainment industry in 2018.

The Street

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Comcast raises its hidden cable fees

The cable company has doubled down on a practice that President Biden wants to eliminate.

The Street

Comcast's 'Storm-Ready WiFi' Router Features Backup Power, Transitions to LTE Cellular When Weather Events Go South

Comcast is introducing the $7-a-month gadget right in front of hurricane season

Broadcasting & Cable

Verizon and T-Mobile FWA Now Control Over 5% of the U.S. Broadband Market (Chart)

The latest Leichtman Research Group quarterly tally shows fixed wireless access once again dominating residential broadband growth

Broadcasting & Cable

Tracy Pitcher Named Senior VP at Comcast Business, Central Division

Exec joined cable operator in 2011

Multichannel News

Even Mario and Twisted Metal can't help Peacock compete with Netflix

Despite its increasingly great movie and TV show line-up, Peacock just can't compete with its streaming rivals.

TechRadar

Xumo to Become Charter’s “Video Platform of Choice”

Charter CEO said the Xumo JV with Comcast will be “our go-to-market platform for new video sales.”

TV Tech

Charter to Make Its Comcast JV Xumo Its ‘Go To’ Video Platform

CEO Chris Winfrey said Charter will migrate its video efforts to the Xumo TVOS

Multichannel News

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Investors Business Daily

Comcast Stock Scores Relative Strength Rating Upgrade

A Relative Strength Rating upgrade for Comcast Cl A shows improving technical performance.

Multichannel News

Charter Second-Quarter Net Falls as 189,000 Subscribers Cut the Cord

Advertising revenue drops 16.5%

Multichannel News

T-Mobile Adds 509K FWA Customers in Q2, Closes in on 4 Million

T-Mobile and Verizon how have 6.3 million fixed wireless access customers between them

Broadcasting & Cable

Charter Set to Surpass Comcast as the Biggest Remaining Linear Pay TV Supplier in America

Comcast loses another 543,000 Xfinity video customers in Q2 as its cord-cutting rate accelerates to nearly 13%

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TV Tech

Peacock Subs Nearly Double YoY to 24M

But pay TV continued to crater as Comcast lost 543K pay TV video subs in Q2 2023

Multichannel News

Comcast’s Mike Cavanagh Calls Taking a Stake in ESPN ‘Improbable’

NBCUniversal parent will take a look at NBA rights

Multichannel News

Comcast Earnings Jump Despite Peacock Losses, Cord-Cutting

Media business profits fall 18.2%

The Street

Universal Studios Shocks Disney With Surprise Expansion Plans

The new addition solves the company's biggest weakness when it matches up with Disney World.

Capital & Main

How Striking Hollywood Creators and Hotel Housekeepers Face the Same Obstacles

With consolidation and industry diversification, corporate studio and hotel owners have more money to wait out strikes.

TV Tech

Nielsen Renews Measurement Deal with Comcast

The new multi-year deal for access to Comcast’s return path data expands Nielsen’s national and local audience measurement capabilities

Multichannel News

Nielsen Expands Deal To License Viewing Data From Comcast

Return-path data to be incorporated into Nielsen One, local TV measurement

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