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CMCSA
Comcast’s profit slumps 40% in Q1 due to Coronavirus restrictions
Comcast Corp. (NASDAQ: CMCSA) released its quarterly financial results on Thursday that posted a dramatic 40% decline in the company’s profit in the first quarter.
CMCSA
Sports Broadcasts Are Somehow Still Getting Pricier
Absence makes the fees grow higher and that could have consequences for pay-TV and streaming industries.
CMCSA
Comcast adds 477,000 high speed internet customers in first quarter
Comcast, CNBC's parent company, reports first-quarter earnings.
CMCSA
Comcast first-quarter broadband growth tops views, coronavirus hurts advertising
Comcast Corp on Thursday reported its best quarter of broadband net additions in 12 years, but revenue fell shy of Wall Street's estimate as the coronavirus pandemic hurt advertising.
CMCSA
Comcast Posts Mixed Q1 Results, Warns Of “Significant” COVID-19 Hit In Q2
Comcast delivered a mixed bag of first-quarter results, missing Wall Street expectations for revenue, but beating profit forecasts. The media giant also warned investors of a “significant” hit to second-quarter results due to COVID-19. Adjusted earnings per share came in at 71 cents, down nearly 7% from the same quarter a year ago but ahead
CMCSA
Comcast is set to report earnings before the bell
Comcast has seen broadband usage spikes amid the pandemic that's kept Americans at home.
CMCSA
AMC Plans to Stop Screening Movies From Comcast's Universal Division
Will the world's biggest movie chain really stop showcasing films from one of the largest entertainment companies?
CMCSA
Disney World & Universal Orlando Theme Parks Looking At 50% Capacity In First Phase Of Reopening
It’s clear there will be major changes at Central Florida’s major theme parks, including Disney World and Universal Orlando, when they begin to reopen as coronavirus restrictions ease. The Orange County Economic Task Force issued some preliminary guidelines Tuesday as the state considers a phased approach to reopening the parks. All are initial suggestions only,
CMCSA
AT&T, Verizon, T-Mobile, Comcast extend promise to not cut-off service during COVID-19 crisis
US wireless and broadband giants extend their FCC pledge to keep customers affected by coronavirus connected through June.
CMCSA
Now That Vudu Is in Comcast's Hands, the TVOD Experiment Is Just About Over
When companies start to buy and sell the most mature names in a particular industry, they usually have a strong opinion about what lies ahead.
CMCSA
Comcast, AT&T Extend Free WiFi Hotspots, Payment Flexibility Through June 30
Comcast and AT&T are extending through June 30 a set of initiatives they launched in response to COVID-19, offering wifi hotspots free to everyone (not just their customers) and more flexible payment options for internet, pay-TV and wireless services. The extension, Comcast said, will “help ensure students can finish out the school year from home”
CMCSA
Comcast (CMCSA) to Report Q1 Earnings: What's in the Cards?
Comcast's (CMCSA) first-quarter earnings are expected to have gained from strengthened high-speed Internet subscriber base despite the negative impact of coronavirus pandemic.
CMCSA
NBCUniversal Adapts To COVID-19 With ‘One Industry’ Virtual Event In Upfront Slot
Adjusting along with the rest of the industry to COVID-19, NBCUniversal has scheduled a virtual event for advertisers on May 11, the same date it had reserved for its annual upfront at Radio City Music Hall. Dubbed a “One Industry Update,” the event will be conducted via videoconference and feature executive comments as well as
CMCSA
Comcast CEO Brian Roberts’ Compensation Totaled $36.37 Million In 2019
Comcast chairman-CEO Brian Roberts took home a total compensation package worth $36.37 million last year, up slightly from $35.23 million in 2018, according the company’s proxy filing with the SEC Friday. The package included a base salary of $3.29 million, stock and option awards worth about $10.7 million, non-equity incentive plan compensation of $9.97 million,
CMCSA
For Comcast, the Acquisition of Vudu Is About One Thing
The media giant is pulling out all the stops in its quest for a commanding piece of the streaming market, including the addition of lackluster platforms.
CMCSA
Comcast's 'Trolls' And Peacock Service Offer Strategic Value
Comcast's 'Trolls' And Peacock Service Offer Strategic Value
CMCSA
3 Reasons to Buy Comcast Stock Right Now
Comcast faces short-term headwinds, but CMCSA stock is a buy for long-term investors. Here are a few considerations for the bulls.
CMCSA
3 Traditional TV Stocks to Watch Now
With coronavirus boosting video streaming and wreaking havoc with live events, these three TV stocks are worth watching moving forward.
CMCSA
Earnings Preview: Comcast (CMCSA) Q1 Earnings Expected to Decline
Comcast (CMCSA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CMCSA
3 Stocks Warren Buffett Would Love
The Oracle of Omaha would tell you that, above all else, reliable, consistent progress eventually pays off.
CMCSA
Better Buy: Netflix vs. Comcast
Which entertainment company is a better investment?
CMCSA
NBCUniversal Launches NBCUniversal Checkout Commerce Platform, Waves Fees For Retailers
Comcast’s NBCUniversal Thursday unveiled a new digital commerce storefront that streamlines consumers’ ability to purchase items advertised on linear TV and online, and that can help businesses forced by COVID-19 closures to move from shuttered brick-and-mortar to e-commerce and delivery. Called NBCUniversal Checkout, it will let people instantly click and buy items they see through
CMCSA
NBCUniversal launches shoppable ads to help retailers hurt by coronavirus
Comcast Corp's NBCUniversal said on Thursday it aims to help retailers that have been forced to shut down amid the pandemic through new ecommerce tools that will let people buy products directly from NBC's content.
CMCSA
NBCUniversal launches a unified shopping cart for ads across television and digital properties
Now it will be easier for advertisers to get products in front of consumers across multiple NBCUniversal assets, so they can make purchases faster.
CMCSA
NBCUniversal makes its content and ads more shoppable with a new Checkout experience
NBCUniversal is introducing a new way to incorporate commerce into the viewing and reading experience, which it calls NBCUniversal Checkout. The new product is part of the company’s One Platform ad offering.
CMCSA
Will Economic Strain Make Households Cut Streaming Subscriptions?
Subscription churn was looming even before things got rough on Main Street.
CMCSA
NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up
Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.
CMCSA
NBCUniversal bags $178M as it cashes in surging Peloton shares
NBCUniversal has sold a $178 million stake in stationary-bike company Peloton, whose shares have lately been surging because of the coronavirus crisis. The Comcast-owned broadcaster — an early investor in Peloton, which went public last September — has been looking at its portfolio of investments as it seeks to shore up its cash reserves amid.
CMCSA
Comcast’s NBCUniversal Sells Half Of Its Stake In Peleton For $178 Million
Comcast’s NBCUniversal has unloaded a chunk of Peleton Interactive shares worth $178 million as companies big and small scrutinize their portfolios to raise cash during a time of intense economic uncertainty. The company said in an SEC filing it sold 5.2 million Peleton shares for $34.21 each. It still owns 5.14 million shares. The fitness
CMCSA
19% Stock Price Rise In 16 Days! What Makes Comcast Still Attractive?
After almost a 19% rise in Comcast’s stock from $32 on 1st April 2020 to $38 at the end of 17th April 2020, at the current price of $38 per share, we believe that Comcast’s stock could see a further upside considering the expected launch of its streaming platform, Peacock, and the positive impact.
CMCSA
Comcast's Fandango To Buy Walmart's Video-On-Demand Subsidiary Vudu
Comcast Corporation (NASDAQ: CMCSA) subsidiary Fandango has entered into an agreement to acquire video-on-demand service Vudu, the latter said in a statement on Monday.
CMCSA
Walmart Sells Its Vudu Video Streaming Service to Fandango for an Unspecified Amount
Fandango may be looking to challenge Amazon and iTunes in the streaming market.
CMCSA
The Wall Street Journal: NBCUniversal’s Fandango to buy Vudu streaming service from Walmart
NBCUniversal’s Fandango movie-ticketing and video-rental business has agreed to buy streaming service Vudu from Walmart Inc.
CMCSA
Walmart to sell Vudu to Fandango
A price isn't disclosed. The companies expect the deal to close in the next few months.
CMCSA
NBCUniversal’s Fandango buys Vudu from Walmart
With more Americans streaming more movies and shows than ever during the pandemic, the long-rumored sale has finally gone through. With over 300 million Americans being urged to stay at home by their elected representatives, it’s no surprise that a recent study found that the average person is streaming eight hours of content a day.
CMCSA
NBCUniversal’s Fandango Acquiring Vudu From Walmart
Vudu, the digital movie and TV unit of Walmart, is being acquired by NBCUniversal’s Fandango division. Founded in 2004 and acquired by Walmart in 2010, Vudu offers about 10,000 free movie and TV titles through a streaming service. It also enables the rental and purchase of some 150,000 titles, including new releases. The news was
CMCSA
How Coronavirus Has Affected Live Events
How the pandemic has changed the industry from sports to concerts.
CMCSA
Comcast (CMCSA) Outpaces Stock Market Gains: What You Should Know
Comcast (CMCSA) closed the most recent trading day at $37.83, moving +1.8% from the previous trading session.
CMCSA
Comcast Says Streaming Video Demand Jumped 50% in Recent Weeks
People are spending far more time watching TV and playing video games.
CMCSA
Comcast's Peacock Takes Well-Timed Flight
Comcast Corporation (NASDAQ: CMCSA) rolled out its contender in the streaming wars Wednesday with the limited launch of Peacock.
CMCSA
Comcast Needs to Launch Peacock ASAP
Comcast is considering moving up its streaming service's launch date.
CMCSA
Will Theme Parks Open This Summer?
The country's theme parks and regional amusement parks could remain closed for the peak summer travel season.
CMCSA
NBCUniveral’s Peacock Enters Very Different Streaming War
NBCUniveral’s anticipated streaming service, Peacock, launched on Wednesday for free to select Comcast customers with Xfinity 1 and Flex service.
CMCSA
Comcast subscribers may have to wait up to two weeks to get access to Peacock, NBCUniversal says
Some Comcast subscribers may have to wait up to two weeks to get access to Peacock as applications and services roll out to cable boxes across the country, according to an NBCUniversal spokesperson
CMCSA
Analyst sees the 'best of times and the worst of times' for video streaming services
NBCUniversal's Peacock launches for Comcast subscribers on April 15th. With more people staying at home streaming content, one analyst says the environment is primed for Peacock's rollout.
CMCSA
WGA East Accuses NBCUniversal Of “Union Busting” In Dispute Over Its Now-Defunct Peacock Productions
The WGA East today accused NBCUniversal of “union busting” in a dispute over the shuttering of its now-defunct Peacock Productions, formerly the in-house nonfiction production wing of NBC News. The guild, which had a contract with Peacock, says that many of the unit’s former writer-producers have been reassigned to the newly created NBC News Studios,
CMCSA
Comcast (CMCSA) Makes Peacock Free to Xfinity X1, Flex Users
Comcast (CMCSA) makes Peacock's premium tier available to Xfinity X1 and Flex customers for free.
CMCSA
Comcast Launches a Slimmed-Down Peacock This Week
The cable giant is joining the streaming fray, but it faces some coronavirus-related headwinds.
CMCSA
Comcast streaming service Peacock launches amid concerns over advertising demand
NBCUniversal's parent company Comcast officially launched its streaming service Peacock on Wednesday.
CMCSA
Comcast "Evaluating" an Early Launch of Peacock Streaming Service
The company knows there are millions of people currently stuck at home, looking for another entertainment option.
CMCSA
7 Media Stocks That Will Power Higher After the Pandemic Subsides
Not only is cable and streaming activity up but the consumption of media, especially news, is surging. All of this is good news for media stocks.
CMCSA
Peacock’s Long-Term Launch Partners Keep Advertising Steady Despite Tough Times For Brands
Peacock’s launch during this unusual period did not involve a sudden scramble for advertisers since it had ten long-term deals in place with major sponsors that have not dropped out or pulled back as others have across the television landscape.
CMCSA
NBCU Boss Jeff Shell And Peacock Chief Matt Strauss On Streaming Launch: “This Is A Marathon, Not A Sprint”
NBCUniversal CEO Jeff Shell and Peacock chief Matt Strauss signaled the “milestone” launch of the new streaming service , while also acknowledging obstacles, in a memo to employees Tuesday.
CMCSA
Peacock Execs Say Pandemic Has Helped More Than Hurt Streaming Service: “No Material Changes” To Financial Guidance
Two of the top executives in charge of Peacock, the streaming service launching Wednesday for Comcast subscribers, said it remains on track to hit financial and usage targets despite the massive disruption of COVID-19.
CMCSA
NBCUniversal 'evaluating' moving up nationwide Peacock launch from July 15, says Peacock chief
NBCUniversal is considering moving up the nationwide launch date for its Peacock subscription video service. Peacock has planned to launch for everyone on July 15.
CMCSA
NBCUniversal’s Peacock launches on Comcast tomorrow
NBCUniversal’s new streaming service Peacock is launching for Comcast’s Xfinity X1 and Flex customers tomorrow, April 15, at no additional cost. The launch is still happening according to the schedule that the company announced in January, which pointed to a broader launch on July 15.
CMCSA
NBC's Peacock launches (sorta) tomorrow, as 'sneak peek' on Comcast
But you won't get the real Peacock until July -- and even that will be pared back because of coronavirus.
CMCSA
How the COVID-19 Pandemic Is Impacting Cable Companies
Pay-TV providers and ISPs are benefiting in some ways, but they face a number of challenges as well.
CMCSA
Don't Sweat NBC's Decision to Cut Back on Television Ad Inventory
Television programming is hardly parent company Comcast's breadwinner, and NBCUniversal has a technological ace up its sleeve.
CMCSA
Coronavirus: Health Experts Say That Crowded Events Need to Stay Closed Until the Fall of 2021
Getting people back to rock concerts, football games, and industry conferences in a COVID-19 world will be a long process.
CMCSA
NBCUniversal Unveils Peacock Advertising Launch Partners Ahead of Wednesday Debut
NBCUniversal said Monday that Capital One, L’Oreal, Molson Coors, Subaru and Verizon have signed up as launch sponsors for the new streaming service Peacock when it debuts this week. Peacock hits nationwide on Wednesday, April 15, free for customers of parent company Comcast, and three months later for everyone else with a price range from
CMCSA
Comcast: Please Recognize This Opportunity
Comcast: Please Recognize This Opportunity
CMCSA
Comcast’s Xfinity Exec Rebecca Heap On Film Releases Without Theaters, Peacock’s Outlook And Meeting Viewer Demand Surge
With most of the U.S. population self-isolating, remote controls are getting a serious workout. Streaming, linear viewing and on-demand consumption have all risen sharply. For major video providers like Comcast, the surge has been a mixed blessing. It brings huge opportunity at a moment when movie theaters, sporting venues and theme parks are shuttered. But
CMCSA
Universal Extends Park Closures “At Least” Through May; Pay Cuts, Furloughs For Part-Time Workers On Way
Universal Studios Hollywood and Universal Orlando Resort on Thursday extended their closures to “at least through May 31,” the latest pushing of the dates at the parks shuttered by the coronavirus pandemic. NBCUniversal also said that pay cuts for most full-time employees and furloughs for all of its part-time workers are coming.
CMCSA
Broadband Usage Will Drive Upside in Comcast Stock
The selloff in Comcast made little sense to begin with. The fact that it has ended doesn't mean the rally in CMCSA stock is finished.
CMCSA
Broadcast networks may resort to reruns amid coronavirus quarantines
Networks, hamstrung by the inability to shoot new TV shows, may turn to reruns to fill programming slots.
CMCSA
3 Bargain Stocks You Can Buy Right Now: CMCSA, WBA & WM
These stocks are all trading near their 52-week lows.
CMCSA
Wolf's Coronavirus Discounts: Comcast Corporation
Wolf's Coronavirus Discounts: Comcast Corporation
CMCSA
NBC, ABC And CBS Team Up For Coronavirus Relief TV Special
NBC, ABC, and CBS are coming together for a global broadcast on April 18 called One World: Together at Home.
CMCSA
NBCUniversal will devote more time to news as it cuts commercial airtime
NBCUniversal says it's offering resources like more access to talent and remote production to its advertising partners as it also reduces commercial time.
CMCSA
NBCUniversal Is Reducing Commercials As Advertisers Scale Back And Shift Messaging: Hello Family Movie Night With Limited Ads
A marketers across sectors have asked to pause their advertising plans or shift  messaging, NBCUniversal said that starting today it will have less commercial time and more uninterrupted content, according the Linda Yaccarino, the company’s chairman, Advertising and Partnerships. It’s a nod to the turmoil the coronavirus pandemic has wreaked on the advertising sector despite
CMCSA
How COVID-19 Is Affecting Streaming Launches Around the World
Most streaming services are launching as planned, but there have been hiccups.
CMCSA
Comcast (CMCSA) Stock Moves -1.22%: What You Should Know
Comcast (CMCSA) closed the most recent trading day at $33.95, moving -1.22% from the previous trading session.
CMCSA
7 Media And Entertainment Stocks To Buy, Sell And Hold
The coronavirus (COVID-19) outbreak has dragged down stock prices across the board, and media and entertainment stocks are no exception.
CMCSA
Comcast stock serves as an 'underrated defense,' Morgan Stanley says
Comcast Corp. shares CMCSA, +4.98% can act as an "underrated defense" during the uncertain period brought on by the COVID-19 outbreak, Morgan Stanley analyst Benjamin Swinburne wrote Thursday.
CMCSA
Comcast, Lowe's, and Expedia: 3 Stocks That Got Torpedoed by Analysts Today
Kick a stock while it's down, why don't'cha?
CMCSA
Consumers' Dependence on Broadband Gives Comcast a Streaming Opportunity
Most high-speed internet customers don't know if their service provider offers a streaming option; even fewer actually use it.
CMCSA
Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet
Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.
CMCSA
Universal Studios Theme Parks Are Closed. That Doesn't Mean Disaster For Comcast.
If NBCUniversal was independent, that would be a different story. But it’s not.
CMCSA
Comcast CEO Donates Full Salary To Charity, Company Sets Up $500M Employee Fund
Chairman-CEO Brian Roberts and other top executives Comcast will donate 100% of their salaries to charities supporting COVID-19 relief efforts as the media giant commits $500 million to support employees with continued pay and benefits, according to a memo Roberts sent to staff on Wednesday. “Across our businesses, we have committed $500 million to support
CMCSA
Fox And Comcast In Long-Term Distribution Deal
Fox and Comcast Wednesday announced a long-term renewal of their distribution agreement for Fox’s full portfolio of channels, including retransmission consent for the Fox Television Stations to Xfinity customers. Michael Biard, President of Operations and Distribution for FOX commented, “We are pleased to extend our longstanding and productive partnership with Comcast so that millions of
CMCSA
Cable Television Continues to Lose Ground to ... Old-Fashioned Antennas?
The stay-at-home movement stemming from the coronavirus outbreak could be teaching even more consumers to love their local airwave television broadcasts.
CMCSA
LightShed's Greenfield: Media industry must figure out how to reach consumers
As more Americans are being urged or required to stay at home, more are spending their time watching television. Nielsen estimates content viewing could increase as much as 60 percent. Rich Greenfield, partner at LightShed, joins "Squawk Box" to discuss what this change could mean for content producers and advertisers.
CMCSA
Comcast CEO Brian Roberts pledges $500 million for employees whose jobs are impacted by coronavirus
Comcast pledged $500 million to employees whose jobs have been affected by coronavirus and its impacts. CEO Brian Roberts and other senior leaders are donating 100% of their annual salaries to coronavirus-related charities.
CMCSA
Media companies warn about impact from coronavirus
The media giants are now under pressure from dramatic pullbacks in ad spending due to the coronavirus outbreak. CNBC's Julia Boorstin reports.
CMCSA
Comcast launches home schooling resources on Xfinity
It's offering 2,000 hours of educational content for schooling from kindergarten to 12th grade.
CMCSA
Trump to hold call with U.S. internet, mobile phone providers
President Donald Trump is holding a call with seven of the biggest U.S. internet and mobile phone providers on Tuesday to talk about how the networks are holding up as tens of millions of Americans work from home.
CMCSA
Comcast Peak Network Usage Surged 32% Since March 1
Cable operator says it has plenty of capacity to handle the peak loads.
CMCSA
Comcast: Rise in Americans working from home leading to data surge
Comcast, CNBC's parent company, is out with new data showing how much internet activity has changed in the past month as more Americans are working from home to maintain social distancing standards in the fight against coronavirus.
CMCSA
Comcast Offers Free WiFi Hotspots Across The Country To Help Low Income Customers
As tech companies look to for ways to help during the Coronavirus pandemic the key thing many can offer is connectivity. Comcast, the nation’s biggest broadband provider will provide free Xfinity WiFi hotspots located in businesses and outdoor locations across the country for anyone – including people who don’t or can’t afford to subscribe to
CMCSA
Comcast sees network traffic surge amid coronavirus outbreak
CNBC's Deirdre Bosa reports that Comcast has seen a spike in its network traffic due to the coronavirus.
CMCSA
Top 3 Reasons Byron Allen’s $20 Billion Lawsuit Against Comcast Fail Short
In Entertainment Studios $20B discrimination lawsuit against Comcast the Supreme Court’s Justices unanimously decided to send the case back to the lower court. Trump’s DOJ briefs were favored by the Supreme Court in its alternative interpretation of the Reconstruction-era civil rights law.
CMCSA
Coronavirus Will Lead to 47 Million Additional Streaming Video Subscriptions This Year
These companies stand to benefit most from the increased demand.
CMCSA
ViacomCBS, Following Disney, Comcast, Announces $2.5 Billion Debt Sale
ViacomCBS is the latest media conglom to tap the debt market, announcing plans to raise $2.5 billion by selling notes. Disney raised $6 billion last week and Comcast $4 billion earlier this week as companies in – relatively – strong positions look to build up a cash cushion against the uncertain economics of a spreading
CMCSA
Social Distancing Is Good for HBO Max, Terrible for Peacock
Streaming hours are soaring, but Peacock might not take flight.
CMCSA
Comcast Analyst Sees Macro Headwinds, But Says Broadband Business A Plus
The new macroeconomic environment has brought new headwinds for Comcast Corporation’s (NASDAQ: CMCSA) model, according to Wells Fargo.
CMCSA
NBCUniversal CEO Jeff Shell says he has coronavirus
NBCUniversal’s newly appointed Chief Executive Officer, Jeff Shell, has tested positive for the coronavirus. In a memo to staff Wednesday, Shell said he was diagnosed with the virus after feeling sick.
CMCSA
NBCUniversal CEO Jeff Shell says he has tested positive for COVID-19 in e-mail to staff
NBCUniversal CEO Jeff Shell said he has tested positive for COVID-19 in an e-mail to staff. He wrote that he is improving every day while working remotely.
CMCSA
NBC Universal CEO Jeff Shell Tested Positive For Cornavirus
Jeff Shell, the CEO of NBCUniversal, said on Thursday that he has tested positive for COVID-19, the disease caused by the coronavirus. Shell made the announcement in an email to employees in which he stressed that people will have to work from home “for some time” in order to limit the spread of the virus,
CMCSA
Keeping NBC News on the Air Could Hamper Comcast Stock
Shutting down NBC News' headquarters and no longer broadcasting any live NBC News shows from New York City would boost Comcast stock over the long-term. The post Keeping NBC News on the Air Could Hamper Comcast Stock appeared first on InvestorPlace.