Comcast stock: cable erosion offset by broadband, studios & parks; low valuation lifts 4%+ qualified dividend. Read here for ...
Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such ...
The final separation of Comcast and Versant took place after Friday’s close, completing a carve out first announced in ...
Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a separate publicly traded entity. Investors' ...
WASHINGTON (AP) — Comcast is spinning off into a new company many of the cable television networks that were once at the entertainment giant’s heart as consumers increasingly swap out their cable TV ...
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Comcast lost 477,000 cable-TV subscribers in Q2 2020 amid a company-wide drop in revenue caused by the pandemic. The net-customer loss consists of 427,000 residential TV customers and 51,000 business ...
Comcast and WarnerMedia have renewed their carriage deal covering major cable networks like TBS and TNT and also added Xfinity distribution for streaming outlet CNN+. The companies said the multi-year ...
As the Peacock streaming service prepares to unfurl its offerings, Comcast is bracing for more subscribers to fly away. The cable operator hemorrhaged 149,000 pay-TV customers in the fourth quarter, ...
At an investor conference, Neil Smit touts the cable giant's early-release electronic sell-through service and planned Time Warner Cable acquisition. By Georg Szalai Global Business Editor Smit said ...