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CMCSA
500,000 Comcast Subscribers Will Cut the Cord This Quarter
But it might not be as bad as it sounds.
CMCSA
Comcast extends free public Wi-Fi access to everyone for rest of 2020
The offer includes people who aren't customers.
CMCSA
Comcast Is Expecting to Lose More Cable Subscribers in the Second Quarter
It is offsetting those losses with significant gains in high-speed internet delivery.
CMCSA
Here's the breakdown of the 'overpaid executive tax' proposal
CNBC's Aditi Roy reports on San Francisco's proposal for an overpaid executive tax.
CMCSA
Comcast offers 60 days of free broadband for low-income families in Washington state through 2020
Comcast will offer 60 days of free broadband service to low-income customers in Washington state through the rest of the year as the coronavirus pandemic forces many families to rely on home internet for school and work.
CMCSA
Reopening Hollywood: NBCUniversal Begins Return To Work On The Lot, Tests COVID-19 Production Protocols
EXCLUSIVE: More than three months after Hollywood came to a halt due to the coronavirus pandemic, NBCUniversal has begun a cautious return to work. Drawing from a comprehensive plan initiated mere days after its 400-acre Los Angeles facility shut down March 13 as well as the latest government guidelines, the Comcast-owned company this week began
CMCSA
Government Needs to Help Deliver Broadband, Says USTelecom Association
Jonathan Spalter, chief executive officer of USTelecom Association, says the government is needed to help deliver broadband to rural America.
CMCSA
Comcast extends free Internet Essentials offer through 2020
The broadband provider is extending the free offer until the end of the year as Americans continue to deal with the coronavirus pandemic.
CMCSA
Comcast: Long-Term Low-Teens Return, Small COVID-19 Hit
Comcast: Long-Term Low-Teens Return, Small COVID-19 Hit
CMCSA
Comcast’s Stable Internet Business Makes CMCSA Stock a Bargain
Comcast's stable growing internet business makes shares a bargain. That contribution makes CMCSA stock worth 48% more than current levels.
CMCSA
NBCUniversal And Sky Set Leadership For One Platform Global Advertising & Partnerships
NBCUniversal and Sky have set the leadership team for their One Platform Global Advertising & Partnerships initiative, which was first announced last month.
CMCSA
Comcast (CMCSA) Dips More Than Broader Markets: What You Should Know
Comcast (CMCSA) closed at $39.22 in the latest trading session, marking a -1.33% move from the prior day.
CMCSA
Bad News for Comcast, Good News for YouTube: Skinny Bundles Increasingly an Alternative to Cable
The injection of live broadcast content into streaming video packages has given linear cable subscribers a viable choice.
CMCSA
Another Dip Creates Another Opportunity in Comcast Stock
Investors are too focused on Comcast's smaller businesses and ignoring broadband tailwinds that should move Comcast stock higher. The post Another Dip Creates Another Opportunity in Comcast Stock appeared first on InvestorPlace.
CMCSA
Comcast CFO Mike Cavanagh Talks PVOD, Parks & Peacock At Media Conference
Comcast chief financial officer Mike Cavanagh said the conglom was “pleased” with the weekend PVOD debut of Pete Davidson-starrer The King Of Staten Island – its latest film to go directly on-demand — and reiterated that while the company’s very eager for theaters to reopen it is likely the distribution model may have permanently changed
CMCSA
How Smaller Competitors Might Survive the Streaming Wars
Partnering with distributors may be key to taking on Netflix.
CMCSA
Will the Return of Sports Save Cable TV?
Some sporting events are coming back later this summer. Will cable subscribers?
CMCSA
NBCUniversal Ad Chief Linda Yaccarino Responds To Advertisers’ Upfront Demands: “Transformation Is A Shared Responsibility”
In an open letter to advertisers Monday, NBCUniversal ad chief Linda Yaccarino offered a response to recent demands that media companies shift to a calendar-year upfront. She said transformation in the advertising business is a “shared responsibility” for the buy side and the sell side and made what she admits is an “ambitious call to
CMCSA
Trump's latest target on Twitter: Comcast
President Trump on Saturday told his Twitter and Facebook followers to drop Comcast -- an egregious use of his presidential platform to hurt an American business.
CMCSA
Byron Allen settles racial discrimination lawsuit with Comcast
Byron Allen and Comcast settled their long-running racial discrimination lawsuit that went all the way to the Supreme Court  over the cable giant's decision to not air Allen's cable channels.
CMCSA
Universal Studios Hollywood Has Opened for Business
After months of being closed, certain parts of the theme park have quietly opened their doors.
CMCSA
Comcast, media mogul Byron Allen reach carriage deal
Comcast Corp said on Thursday it reached a content carriage deal with comedian-turned media mogul Byron Allen, who withdrew a lawsuit about racial bias against channels owned by African Americans.
CMCSA
Routinely Streaming Large-Scale, Live Events Is Too Costly To Happen Anytime Soon, Comcast Exec Says
One of the most often chewed-over concepts in the media business is whether — or when — major live telecasts will move entirely online and leave linear television behind. That paradigm shift won’t happen anytime soon, a senior Comcast executive predicted Tuesday, even though the technical solutions exists to make it so. The biggest obstacle
CMCSA
Comcast to Spend $100 Million Fighting for Social Justice, Equality
Comcast CEO Brian Roberts said now is the time to put words into action.
CMCSA
Comcast commits $100 million to fight injustice and inequality
The commitment is part of a slew of corporate funding in social justice efforts following protests over the death of George Floyd.
CMCSA
Comcast Commits $100 Million To Multiyear Plan To Fight Inequality
Comcast CEO Brian Roberts Monday said the company is committing $100 million dollars to fight social injustice and inequality. In a memo to emoployees, he said the funds — made up of $75 million in cash and $25 million in media — will be part of a multiyear program. The announcement comes as media and
CMCSA
5 Safe And Cheap Dividend Stocks To Invest In (June 2020)
This article is part of our monthly series, where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms.
CMCSA
Universal Orlando reopens, here's what it looks like
CNBC's Julia Boorstin reports on the reopening of the Universal Orlando theme park.
CMCSA
Universal Orlando Reopens To The Public—Here’s What It Looks Like
Universal Orlando welcomed the general public back into the park Friday.
CMCSA
Disney World's Top Rival Is Back in Business
Comcast's Universal Orlando officially reopens on Friday after pausing operations for 82 days. It's not business as usual, but business as unusual still works.
CMCSA
Comcast (CMCSA) Stock Moves -0.02%: What You Should Know
Comcast (CMCSA) closed the most recent trading day at $41.29, moving -0.02% from the previous trading session.
CMCSA
Has Comcast’s Stock Peaked?
Comparing the trend in Comcast stock (NASDAQ: CMCSA) over recent months with its trajectory during and after the great recession of 2008, we believe there is very little the stock can potentially gain from its current level of $40 amidst the coronavirus crisis.
CMCSA
Comcast CEO Brian Roberts Sees Company Playing “Constructive Role” Amid National Dialogue On Race, Diversity
Comcast chairman-CEO Brian Roberts said he’s hopeful the dialogue around race and diversity spurred by the death of George Floyd “can lead to some real change that has been lacking over the years in this country” and that “Comcast can play a constructive role.” Speaking at the annual meeting of shareholders, held virtually Wednesday morning,
CMCSA
Theme Parks Are Back, but What About Customers?
Legoland Florida became the first Florida theme park to open in 78 days, but crowds were still light.
CMCSA
Cable Companies Are Taking a Page Out of Google's Playbook to Launch Targeted Ads
The industry's powerhouses just teamed up in a way that leaves privacy hawks with little to complain about.
CMCSA
HC2 Broadcasting Announces Carriage of NBCUniversal Owned Television Stations’ LX Network in 15 U.S. Markets
Major Markets Include Atlanta, Seattle and Detroit Major Markets Include Atlanta, Seattle and Detroit
CMCSA
Jaws returns, as Universal Studios Japan to reopen this month
Universal Studios Japan said on Monday its theme park in Osaka would open later this month for the first time since closing in March due to the coronavirus.
CMCSA
Why Is Comcast (CMCSA) Up 5.2% Since Last Earnings Report?
Comcast (CMCSA) reported earnings 30 days ago. What's next for the stock?
CMCSA
Comcast (CMCSA) Gains But Lags Market: What You Should Know
Comcast (CMCSA) closed the most recent trading day at $39.60, moving +0.13% from the previous trading session.
CMCSA
Who Stands to Gain From the PGA's Return?
Some companies are in a better position to rebound quickly.
CMCSA
10 Value Stocks to Buy From the Vanguard U.S. Value Factor ETF
The gap between expensive stocks and cheap value stocks to buy is wider than it has ever been. That's an opportunity for investors.
CMCSA
California Held Back the Promised Reopening Guidelines for Movie Production This Week
Gov. Gavin Newsom was eager to get film studios back in action, but his office respected a more safety-focused attitude from industry insiders.
CMCSA
Florida task force approves reopening plan for Universal Orlando
Orange County, Florida Mayor Jerry Demings explains the decision to allow Universal Orlando to reopen. Universal is owned by CNBC's parent company, Comcast.
CMCSA
Universal Orlando Theme Park Proposes Phased Reopening Starting June 5
Universal Orlando is looking to start a phased reopenign on June 5, according to plans presented Thursday to the Orange County Economic Recovery Task Force.
CMCSA
Universal asking to reopen its parks to guests on June 3 and 4
CNBC's Julia Boorstin reports the latest from the theme and amusement park.
CMCSA
7 Out of 10 People Would Rather Be Home Than at a Multiplex
A survey shows 70% of people prefer new movie releases as digital in-home rentals, and it's not the only problem for theater operators like AMC.
CMCSA
Comcast Raising $4 Billion In Bond Sale To Refinance Outstanding Debt
Media giant Comcast is selling $4 billion worth of notes and will use the proceed to pay down existing debt. The company revealed the plans in a pair of SEC filings Wednesday. The parent of NBCUniversal is offering three tranches of notes for, respectively, $1.5 billion, $1.7 billion and $800 million. It said  it “intends
CMCSA
Comcast, Disney, SeaWorld pop amid Florida theme park reopening hopes
CNBC's Julia Boorstin reports that Comcast, Disney and SeaWorld will present their plans to reopen parks to the Orange County task force Thursday afternoon.
CMCSA
Can Comcast's Flex Offset Its Video Subscriber Losses?
Comcast will lose hundreds of thousands of subscribers this year.
CMCSA
Here's How Charter and Comcast Can Curb the Cord-Cutting Movement
Consumers have tapped into their cable TV provider's on-demand libraries since March in a bigger way than one would have expected.
CMCSA
Guggenheim Predicts 'Tough Road' Ahead For Comcast, Downgrades Stock
Comcast Corporation (NASDAQ: CMCSA) faces a "tough road" ahead as the COVID-19 pandemic is likely to impact each business unit, according to Guggenheim.
CMCSA
When Will Disney World, Universal, and SeaWorld Reopen?
Central Florida theme park operators can start submitting their reopening plans, but it's not as easy as it seems.
CMCSA
Comcast stock falls after Guggenheim downgrade
Shares of Comcast Corp. CMCSA, +6.04% are off 1% in premarket trading Tuesday after Guggenheim analyst Mike McCormack downgraded the stock to neutral from buy.
CMCSA
Why SmileDirectClub Is Suing NBCUniversal For $2.8B
SmileDirectClub Inc (NASDAQ: SDC) said Monday afternoon it's seeking approximately $2.8 billion in damages from Comcast Corporation's (NASDAQ: CMCSA) NBCUniversal.
CMCSA
NBC Universal Smacked In The Mouth With $2.8B Lawsuit By Teeth Straightening Company Over Critical News Report
Thanks to a multi-billion-dollar lawsuit filed today from a direct-to-consumer teeth straightening company, Cesar Conde won’t be getting much of a honeymoon as the newly installed chief of the newly formed NBCUniversal News Group. “SmileDirectClub gave NBC every opportunity to retract this defamatory report and correct the record voluntarily,” said the action against NBCUniversal Media
CMCSA
Will Peacock Be Proud Or Embarrassed After July 15th Launch?
Will this Peacock survive among the fittest or will it be like Apple TV Plus, bitten then tossed aside in a paradise, lost?
CMCSA
NBCUniversal Unveils Originals Available at Launch of Peacock
New ideas and a handful of reboots, including an animated Cleopatra series for kids and a cybercrime-fighting comedy, are on the menu.
CMCSA
Comcast CFO Sees “Title By Title” Potential For PVOD Releases After Working Through “Industry Stuff”
Comcast CFO Mike Cavanaugh sees PVOD opportunities arising on a “title by title” basis going foward at Universal although “there is obviously a lot of industry stuff to work through to bring that to fruition.” His comments at a media conference Wednesday – the latest in a war of words over windows – were in
CMCSA
Universal Studios Orlando Will Open Some CityWalk Stores This Week
The actual theme parks are staying closed until further notice.
CMCSA
Will Disney World's Top Rival Reopen First?
Comcast's Universal Orlando announced that it will open its CityWalk entertainment complex days before Disney does. It could be a similar strategic footrace to the starting line when theme parks can reopen later this year.
CMCSA
The World’s Largest Media Companies 2020: Comcast And Disney Hold A Precarious Lead
The entertainment behemoths have taken massive losses from theme park and movie theater closures.
CMCSA
Universal Orlando Resort Opening CityWalk May 14 On Limited Basis, Park Still Closed
Universal Orlando announced Monday that select CityWalk venues are opening on May 14 from 4–10 pm daily and that its team and all of guests should follow ecommended CDC guidelines.
CMCSA
Some venues at Universal's CityWalk in Orlando will reopen on May 14
Select venues at Universal Orlando Resort's CityWalk will reopen starting on May 14.
CMCSA
NBCUniversal, Sky expand ad-buying tool globally
Comcast Corp units NBCUniversal and Sky said Monday that advertising across both of the media companies can now be purchased through the same tool, as the firms look to attract more global advertisers and weather the coronavirus pandemic.
CMCSA
Films Are Bypassing Movie Theaters: What Does It Mean for Media Stocks?
Comcast, Disney, and others have given some clues about their plans and relationship with theaters.
CMCSA
Media companies expect a tough quarter for TV advertising, with no live sports and spending delayed
In recent days, companies including ABC and ESPN parent Disney, Fox Corp., AMC Networks, NBCUniversal parent Comcast, ViacomCBS and Discovery reported earnings that showed how TV is trending as advertisers are pulling spend or postponing campaigns until later in the year.
CMCSA
Peacock's Launch Exceeded Comcast's Expectations
But investors in this media giant shouldn't get too excited.
CMCSA
New York attorney general has investigated harassment allegations at NBC News
The New York attorney general's office has interviewed a number of past and present NBC News staffers in a probe of sexual harassment and other matters at the news division.
CMCSA
Peacock Sets Apple Distribution Deal Ahead Of July National Launch
Peacock, the streaming service launched last month by NBCUniversal for Comcast subscribers, has set a deal with Apple to be available across the tech giant’s devices when it launches in July. The distribution partnership is the first one beyond Cox Communications to be announced by NBCU for the July 15 national rollout.
CMCSA
These 2 Charts Should Terrify Cable TV Companies
No cable television provider is doing well, and there are still more cords to cut in the future than we've seen cut thus far.
CMCSA
NBCUniversal cuts executive pay after Andy Lack’s surprise ouster
NBCUniversal is slashing salaries because of the coronavirus, a day after the broadcasting giant’s surprise ouster of NBC News chairman Andy Lack. In response to the financial fallout from the coronavirus pandemic, NBCU is cutting the pay of its senior management by 20 percent and rolling back pay increases for employees making more than $100,000,.
CMCSA
NBCUniversal’s 15 Top Execs Taking 20% Salary Cut As Newly Restructured Company Outlines Savings
NBC Universal CEO Jeff Shell and about 15 other top executives will take a 20% cut in salary as part of a broad set of cost cutting initiatives to offset the impact of the coronavirus pandemic. Other employees will take a 3% cut that’s a rollback of sorts following a raise in March. The executives
CMCSA
Will Theme Park Investors Forgive a Lost 2020?
Six Flags is requiring online reservations. Cedar Point is selling two years of access for the price of one.
CMCSA
Comcast's First Quarter Shows Strength Where It's Needed Most
The cable giant continues to bleed TV customers, and ad revenue took a hit. The all-important broadband business, however, is completely intact.
CMCSA
NBC News chairman Andy Lack steps down in corporate shakeup
NBCUniversal’s new boss announced a surprise shakeup at the broadcasting giant that will include the ouster of NBC News chairman Andy Lack. Jeff Shell, whose succeeded Steve Burke as chief executive at the beginning of the year, on Monday announced the departure of Lack, who came under fire in Ronan Farrow’s book “Catch and Kill”,.
CMCSA
NBCUniversal reorganizes leadership team, president of news to step down
The company's news networks including NBC News, MSNBC and CNBC, will be condensed into a single unit under Cesar Conde, now Chairman of NBCUniversal News Group.
CMCSA
NBCU Announces Major Reorg: Mark Lazarus Expands Portfolio With Peacock; News Chief Andy Lack Hands Reins To Cesar Conde
NBCUniversal announced a new organizational structure for the company. The new structure, effective immediately, closely aligns NBCUniversal’s television networks as well as the new streaming service, Peacock, under one division led by Mark Lazarus, Chairman, NBCUniversal Television and Streaming. Lazarus will also continue to oversee the NBC Sports Group, owned television stations, and affiliate relations.
CMCSA
Comcast: Tough Quarters Ahead
On Thursday, Comcast (CMCSA) reported financial results for the first quarter of 2020.
CMCSA
Comcast Earnings Show Surging Demand for High-Speed Internet
The first quarter got a bailout due to new subscriptions, but expect more turbulence in 2020.
CMCSA
Movie Theaters Need Film Studios More Than the Studios Need Theaters
The success of premium video on demand has studios weighing their options.
CMCSA
Coronavirus Is Accelerating Cord-Cutting and Hastening the Death of Cable TV
A recent survey suggests that the majority of U.S. households will soon be living life without cable.
CMCSA
NBCUniversal weighs layoffs at media, entertainment units: WSJ
Comcast Corp owned NBCUniversal is evaluating a significant reduction of staff across its portfolio of media and entertainment properties as part of a cost-cutting effort, the Wall Street Journal reported on Friday, citing people familiar with the matter.
CMCSA
Why Comcast's Stock Is Trading Lower Today
Comcast (NASDAQ: CMCSA) shares are trading lower on Friday after getting a downgrade.
CMCSA
What to expect when Disney and Universal theme parks reopen in Florida
New guidelines provided by a local government task force in Florida offer theme park fans an idea of what to expect when Disney and Universal are finally able to open to the public once the coronavirus pandemic eases.
CMCSA
Comcast's Profits Take a Hit From Park and Theater Closures
The cable giant warned of a bigger slump in the fiscal second quarter.
CMCSA
The State Of Play: Is The Universal/AMC Disagreement A Sign Of Things To Come?
After a major public disagreement between Universal and exhibitors are we now seeing a change in the status quo between the two powerhouse parts of the film industry?
CMCSA
Reviewing Best April in 82 Years: 4 Reasons for the Rally to Last
An unprecedented stimulus package by the government and the central bank will significantly increase pent-up demand.
CMCSA
Comcast Corporation (CMCSA) CEO Brian Roberts on Q1 2020 Results - Earnings Call Transcript
Comcast Corporation (CMCSA) CEO Brian Roberts on Q1 2020 Results - Earnings Call Transcript
CMCSA
Why Cable Stocks Were Diving Today
Shares of Discovery, AMC Networks, and ViacomCBS sold off after Comcast said cable subscribers had tumbled.
CMCSA
Universal and AMC are quarreling: What it says about Hollywood and its future
The quarrel between AMC and Universal has brought into question the vitality and longevity of the traditional theatrical experience and if movie theaters will truly be able to go back to normal after this coronavirus outbreak ebbs.
CMCSA
AMC, Cineworld & Universal ‘Trolls’ Windows War: Why This Storm Is Already Passing
Not to deflate a rousing round robin of mudslinging between AMC, Cineworld and Universal, but this whole OMG melee between exhibition and studios over PVOD, theatrical-window crunching and hurt feelings is poised to calm down soon. Some industry insiders believe the situation has already eased, and the statements made this morning on Comcast’s Q1 earnings
CMCSA
Comcast (CMCSA) Q1 Earnings Beat Estimates, Revenues Miss
Comcast's (CMCSA) Q1 earnings results reflect growth in high-speed Internet subscriber base and a strong momentum in wireless amid coronavirus crisis.
CMCSA
Comcast’s profit drops as coronavirus hits NBCUniversal division
Cable giant Comcast reported nearly a 40 percent dip in first-quarter profit Thursday as the economic fallout from the coronavirus hit NBCUniversal’s theme parks and film divisions. Comcast shares fell  over 5 percent in early-market trading after the company said during its earnings call that it would lose about $500 million if theme parks remained.
CMCSA
Comcast Tiptoes Into E-Commerce. Here's Why It Matters
By supplying the shopping cart and offering a free, ad-supported streaming service, the company is positioning itself to collect lots of digital consumer data.
CMCSA
It’s Not Just Disney — NBCUniversal Hit Hard By Theme Park And Theater Closures
The situation is not expected to improve any time soon.
CMCSA
Comcast And NBCU Execs Talk Peacock Start, Sports Outlook, Likely Cost Cuts
NBCUniversal CEO Jeff Shell sees “very, very encouraging” early signs from Peacock, but also sees “significant adjustments” being made to the expense side of the Comcast division in light of COVID-19. Shell delivered those comments during his first appearance on a Comcast earnings call, having taken over as CEO of NBCU earlier this year. He
CMCSA
How Bad Will Coronavirus-Fueled Cord-Cutting Get?
A lot of Americans are planning to cancel their cable because of the impact of COVID-19.
CMCSA
Comcast Earnings Fall But Top Estimates As Coronavirus Hits NBCUniversal, Sky
Comcast earnings fell from a year earlier but topped first-quarter estimates while revenue dropped less than expected as the coronavirus lockdown impacted cable TV and NBCUniversal. The post Comcast Earnings Fall But Top Estimates As Coronavirus Hits NBCUniversal, Sky appeared first on Investor's Business Daily.
CMCSA
Fandango's Vudu Deal and the Digital Media Marketplace
Tech's competition for digital video sales and rentals does a bit of consolidating thanks to Walmart.
CMCSA
Comcast (CMCSA) Q1 Earnings Beat Estimates
Comcast (CMCSA) delivered earnings and revenue surprises of 2.90% and -0.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?