Comcast Financial News

02.11 / 11:04

Fox Platform Entertainment Comcast show ESPN Disney to acquire the remainder of Hulu from Comcast for roughly $8.6 billion

Walt Disney said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney undisputed control of the streaming service. Disney has actually run Hulu since 2019, when Comcast ceded its authority to Disney and effectively became a silent partner.

01.11 / 21:07

Comcast stake Disney to buy remaining stake in Hulu from Comcast's NBCUniversal

Walt Disney (NYSE:DIS) officially announced its acquisition of Comcast's (NASDAQ:CMCSA) one-third stake in the streaming service Hulu, in a widely anticipated development.

27.10 / 12:33

Provident Mobile Comcast ESPN Customer Charter Communications misses estimates for broadband customer additions

(Reuters) — Charter Communications (NASDAQ:CHTR) missed market estimates for quarterly broadband customer additions and posted lower free cash flow on Friday, as it grappled with network expansion costs and tough competition in a saturated market.

26.10 / 15:57

Target Mobile Parke President Comcast performer reports Customer Comcast posts surprise broadband customer loss, results top estimates

By Helen Coster and Samrhitha A

18.10 / 13:51

Digital Platform pandemic President Comcast audience ad Ad sales for Paris Olympics pace ahead of previous Games, NBCUniversal says

By Helen Coster

12.10 / 20:23

NASDAQ Ford DOW Disney Comcast Stock Market Today: Dow falls as rising yields return to put squeeze on stocks

Investing.com — The Dow cut intraday cuts to close lower Thursday as rising Treasury yields pierced through early-day optimism following inflation data that surprised to the upside and signs of ongoing strength in the labor market.

18.09 / 12:09

Reuters Disney Software Comcast Nexstar stage reports Deal 5 big deal reports: Nexstar-Disney talks for ABC march on; CCC sale on the table

By Davit Kirakosyan

06.09 / 19:45

UPS Disney CEO Entertainment Comcast negotiations Comcast, Disney Move Up Start of Hulu Negotiations

Comcast and Disney have agreed to move up the date on which they begin negotiating the fate of their jointly-owned streaming service, Hulu, the cable company’s CEO said Wednesday. The companies plan to begin work negotiating a potential sale of Comcast’s minority stake in Hulu on Sept. 30, months earlier than their initial January start date.

06.09 / 15:25

Disney CEO Comcast Deal 2024 Comcast extends date for Hulu deal with Disney to Sept 2024

(Reuters) -Comcast has extended the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 next year, CEO Brian Roberts said on Wednesday.

24.08 / 17:39

UPS T-Mobile AT&T Comcast T-Mobile USA Inc to cut off 5,000 jobs amid surging competition: Report

Bloomberg. This development comes as a surprise, considering T-Mobile is the fastest-growing wireless carrier in the US. The move indicates that the telecom company is looking to offset a new round of discounts and free phone promotions as the holiday season approaches, as reported by Bloomberg. T-Mobile, like other US carriers, is grappling with a slowdown in subscriber growth as cable giants Comcast Corp.

10.08 / 13:01

COST UPS CEO Platform Comcast boost Lyft to display ads in app in effort to boost revenue

(Reuters) -Ride-sharing platform Lyft (NASDAQ:LYFT) will start displaying advertisements on its app, the company said in a blog post on Thursday as it looks to create a more stable source of revenue.

27.07 / 20:07

Facebook UPS Platform Mattel Comcast fall Meta Platforms, Comcast rise; Bristol-Myers, Sunnova fall, Thursday, 7/27/2023

Stocks that are trading heavily or have substantial price changes on Thursday: Meta Platforms, Comcast rise; Bristol-Myers, Sunnova fall

24.07 / 17:21

Provident MET Google Merit Software Comcast Google owes $338.7 million in Chromecast patent case, US jury says

By Blake Brittain

24.07 / 13:41

Action film Comcast country When can you stream Oppenheimer on Netflix US and other countries? Here’s what you should know

Based on the biography «American Prometheus» from 2005, the movie aims to depict the life of J. Robert Oppenheimer, a key figure in the development of nuclear weapons. The star-studded cast, including Cillian Murphy, Emily Blunt, Matt Damon, Robert Downey Jr., and Florence Pugh, is just the tip of the iceberg in this impressive project. As for those waiting for a Netflix release, the streaming date is yet to be announced.

19.07 / 03:23

BLOCK Comcast Striking actors & writers accuse NBCUniversal of sabotaging protests, blocking picket area

Writers Guild of America (WGA) and SAG-AFTRA actors' union filed a grievance with the National Labor Relations Board (NLRB) against Comcast's NBCUniversal on Tuesday, accusing the company of blocking a picket area. The unions said NBCUniversal infringed its freedom to picket and endangered its members by obstructing a public sidewalk next to the company's studio lot in California with an ongoing construction project.

16.07 / 21:33

Twitter CEO Exodus Comcast ad elon Twitter's cash flow still negative as ad revenue, Elon Musk says

Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June. "Need to reach positive cash flow before we have the luxury of anything else," Musk said in a tweet replying to suggestions on recapitalization.

15.07 / 18:03

Twitter Reuters CEO Platform Comcast elon Elon Musk says Twitter cash flow still negative because…

recapitalization, Elon Musk said "Need to reach positive cash flow before we have the luxury of anything else." During an interview with BBC in April, Elon Musk expected the advertising revenue will recover fast as the advertisers were returning to the social media platform. Following the termination of numerous employees and the reduction of expenses related to cloud services, Musk stated that the company had decreased its non-debt spending to $1.5 billion, a significant reduction from the initially anticipated $4.5 billion for 2023.

15.07 / 17:19

Twitter CEO Exodus Comcast ad elon Elon Musk says Twitter's cash flow still negative as ad revenue drops 50%

By Jahnavi Nidumolu and Krystal Hu

15.07 / 14:27

Twitter CEO Exodus Comcast ad elon Elon Musk says Twitter's cash flow still negative as ad revenue drops

Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load. «Need to reach positive cash flow before we have the luxury of anything else,» Musk said in a tweet early on Saturday.

01.05 / 17:53

Target JPMorgan Mobile Chase Zions Comcast PacWest General Motors Stocks making the biggest moves midday: JPMorgan Chase, General Motors, Exxon Mobil & more

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27.04 / 13:45

EBAY Platform Airlines Harley-Davidson Honeywell Comcast Stocks making the biggest moves premarket: Meta, Teladoc, Harley-Davidson, Southwest Airlines and more

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