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Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Boosts Studio Results, Peacock Trims Losses
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates.
Revenue of $31.9 billion topped the Street’s expectations for $31.6 billion, rising 2% over the year-ago period, while adjusted earnings per share of 96 cents were a dime better than the consensus forecast.
In…
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By Dade Hayes
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0 Comments Comment on Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Boosts Studio Results, Peacock Trims Losses
Comcast Xfinity Launches Sports & News Package For $70 A Month In Latest Embrace Of Slimmer Pay-TV Options
As more pay-TV operators embrace slimmer packages, Comcast Xfinity is rolling out Sports & News TV, a $70-a-month offering based on two foundational elements of live programming.
The $70 price is available only to customers who also have Xfinity internet service. The package includes more than…
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By Dade Hayes
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Comcast Ups Steve Croney To Chief Operating Officer Of Connectivity & Platforms, Its Largest Division
Comcast has promoted Steve Croney to a newly created role as chief operating officer for the domestic businesses of its Connectivity & Platforms segment that serves more than 32 million customers.
It"s a significant role at Comcast"s biggest division with about $80 billion in annual revenue…
Donald Trump Threatens Comcast In Rant Over Seth Meyers’ Late-Night Show
In an early morning rant, Donald Trump went off on Seth Meyers’ late-night NBC show, declaring that “Comcast should pay a BIG price” for shows that he calls “political hits.”
In Trump’s 1:24 a.m. ET post on Truth Social, he said that he had watched Meyers’ show recently. Meyers’ humor for years…
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By Ted Johnson
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NBCUniversal Shutting Down Universal Kids Cable Network
NBCUniversal, which has already been evaluating its stake in the declining pay-TV business, plans to shut down cable network Universal Kids.
The move, slated to take effect March 6, comes as NBCU prepares to spin off most of its cable networks into a new, publicly traded company to be led by…
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By Dade Hayes
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Comcast NBCUniversal Giving $10M For L.A. Wildfire Relief Efforts
Comcast NBCUniversal said it plans to give $10 million to support Los Angeles wildfire relief efforts.
The outlay includes $2.5 million in funding as an inaugural corporate partner to the Habitat for Humanity of Greater Los Angeles" ReBUILD LA initiative. Contributions will also be made to…
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By Dade Hayes
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Story Arc:
L.A. Wildfires
January 29, 2025
January 28, 2025
January 28, 2025
Comcast NBCUniversal’s Cable “SpinCo” Fills Out Exec Roster; Val Boreland Gets Top Entertainment Role
The executive ranks of the cable network entity being spun off from Comcast/NBCUniversal later this year are being filled in with a few appointments, including Val Boreland as head of entertainment.
Mark Lazarus, who will be CEO of "SpinCo," as the entity is called for now, and prospective CFO…
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By Dade Hayes
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NBCU, Fox, WBD, DirecTV & Comcast Execs Say Their Unusual Ad Collaboration Can Help Close The Gap With Big Tech
An unusual coalition of the willing – senior execs from NBCUniversal, Fox Corp., Warner Bros. Discovery, DirecTV and Comcast – took the stage at CES on Wednesday to discuss their latest effort to compete with Big Tech.
Universal Ads, as the new venture is called, was announced Monday as a…
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By Dade Hayes
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Paramount Global, Comcast Renew Distribution Deal That Now Includes Paramount+ With Showtime Â
Paramount Global and Comcast have renewed a set of comprehensive distribution agreements to continue delivering Par"s portfolio of broadcast, entertainment, news and sports brands across Xfinity platforms.
The multi-year deals feature ongoing carriage of Paramount"s networks, including CBS, BET…
Media Spin Cycle: M&A Outlook For 2025
The media industry closes out 2024 in a landscape very different than a year ago and perhaps looking up as the biggest players begin to manage the confounding decline of linear television. Paramount Global’s sale to Skydance Media, followed by Comcast’s spin-off of its cable networks into a new…
Story Arc:
Look Back & Look Ahead
January 28, 2025
January 1, 2025
Kay Burley Expected To Leave Sky News Breakfast Show After Five Years
EXCLUSIVE: Kay Burley is ready to turn off the 3am alarm clock.
Deadline understands that Burley, one of the UK’s highest-profile news anchors, is expected to vacate Sky News’ 6am-10am breakfast slot after five years.
Burley moved to breakfast in October 2019. The show, titled Breakfast with…
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By Jake Kanter
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- Exclusive
- International
Comcast’s Sky Withdraws Suit Against Warner Bros. Discovery After Two Ink Broad Distribution Deal
Sky and Warner Bros. Discovery and their respective counsels said today that they had agreed to a voluntary dismissal of a lawsuit lodged last month that had an upcoming HBO Harry Potter series in the middle. The news was expected after Sky parent Comcast and WBD announced a new global distribution…
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