Comcast’s broadband business continues to be under pressure due to the rise of competitors, particularly in the 5G space.
Comcast’s latest earnings underline how the company’s business mix is changing as pressure builds on its traditional cable operations. While the group beat expectations on earnings in the fourth ...
NBCUniversal lost the bidding war over Warner Bros. Discovery and must build streaming service Peacock, which now has 44 ...
2don MSN
Comcast Q4 Sees Fall in Cable Revenue, Wider Peacock Losses, Despite Boost in Ads, Theme Parks
Comcast said its fourth quarter was crimped by losses of broadband customers, a less robust slate of Universal movies and broader losses at its Peacock streaming service as the company navigates ...
“Subscriber losses were 181,000, as the early traction we are seeing from our new initiatives was more than offset by continued competitive intensity,” Comcast CFO Jason Armstrong said during an ...
Peacock, the streaming app of Comcast's NBCUniversal, revenue surged 23% to $1.63 billion from the same quarter in the prior year. Peacock's tally of paid subscribers was up 22% at 44 million, above ...
Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, ...
MANCHESTER, N.H.--(BUSINESS WIRE)--Comcast announced it has appointed Shawn Adamson to Senior Vice President of Comcast Business for Comcast Cable’s Northeast Division. In this role, Adamson will lead ...
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