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An Italian plumber is helping Comcast in multiple ways.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Key Insights Comcast's estimated fair value is US$64.32 based on 2 Stage Free Cash Flow to Equity Comcast is estimated...
Comcast (CMCSA) expands its Xfinity 10G Network to Arcadia, FL, bringing high-speed Internet to thousands of homes and businesses.
(Bloomberg) -- Comcast Corp. Chief Executive Officer Brian Roberts has a penchant for lining up a huge deal around every five years or so. It was 2018 the last time he made a big acquisition, and Wall Street is ready for his next dramatic move.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthDebt-Limit Deal Passes the House, Easing US Default ConcernsS&P 500 Almost Wipes Out Its Monthly Advance: Markets WrapElon Musk Again World’s Richest Person as Arnault’s LVMH
Walt Disney (NYSE: DIS) and Comcast (NASDAQ: CMCSA) began as vastly different companies. While many differences remain, Comcast's acquisition made them direct competitors in many respects. Content and theme parks have become Disney's bread and butter, so much so that it recently consolidated its company into two segments.
Disney and Comcast were reportedly at odds over the valuation of Hulu in recent years. Comcast could require Disney to buy out its stake in the streamer as early as January 2024.
Yahoo Finance Live discusses a report surrounding the battle between Disney and Comcast over Hulu ownership.
ARCADIA, Fla., May 25, 2023--Comcast Bringing Internet Service Powered by the Xfinity 10G Network to Arcadia
One such stock is Comcast (NASDAQ: CMCSA), a seemingly undervalued company that also has a key asset with an uncertain future and a division that is performing very well. According to Statista, Hulu generated almost $2.5 billion in 2020, making it the most successful ad-supported video-on-demand (AVOD) service operating across North America. The analytics firm projects Hulu will continue to dominate the AVOD space for a while yet, estimating the platform will exceed $5 billion in revenue by the end of 2024.
PHILADELPHIA, May 23, 2023--Comcast Introduces NOW TV
German media group ProSiebenSat.1 and European pay-TV operator Sky have revived talks over a combination of their businesses in Germany, four sources familiar with the matter said on Monday. Under a potential transaction, Sky would pay hundreds of million of euros to sell its operations in Germany to Prosiebensat.1, two of the sources said. Comcast, which acquired Sky Deutschland as part of a $40 billion buyout of European pay-TV broadcaster Sky in 2018, is working with advisory firm PJT Partners, sources have previously said.
PHILADELPHIA, May 22, 2023--Comcast today kicked off its new Comcast NBCUniversal LIFT Labs Accelerator: Generative AI, where the company will work with startups to gain insights on opportunities in Generative AI and explore working with the companies.
Giant cable and media conglomerate Comcast (NASDAQ: CMCSA) has put in a solid rally so far in 2023, with the stock up nearly 18% so far this year. Amid a bloodbath in the TV streaming wars, Comcast has found plenty of other places to juice profits and make up for its ugly foray into the space (its Peacock service). Total first-quarter 2023 revenue was down 4% year over year, but adjusted earnings before interest, tax, depreciation, and amortization (EBITDA), Comcast's preferred operating profit metric, increased 3%.
After an economic downturn in 2022, easing inflation is allowing many consumer-reliant businesses to begin recovering. Here's why Apple (NASDAQ: AAPL), Comcast (NASDAQ: CMCSA), and Warner Bros. Discovery (NASDAQ: WBD) are no-brainer buys right now. Apple launched the first iPhone in January 2007, changing the face of consumer tech and the direction of its business forever.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Hollywood writers' strike comes with inherent risks but also some upside as media giants look to rein in content spending.
PHILADELPHIA, May 17, 2023--Comcast Corporation (Nasdaq: CMCSA) announced that its Board of Directors declared a quarterly dividend of $0.29 a share on the company’s common stock. The quarterly dividend is payable on July 26, 2023, to shareholders of record as of the close of business on July 5, 2023.
The entertainment industry has had a few tough years as the pandemic closed theme parks, theaters, and more. Then, a jump in inflation forced consumers to cut discretionary spending just as they were beginning to make it back to entertainment venues. As a result, now is a compelling time to consider investing in an entertainment stock that is down over the last year, but could soar as economic headwinds subside.
The Yahoo Finance Live team breaks down Tuesday's biggest stories, including Home Depot earnings report, the FTC suing to block Amgen's deal to buy Horizon Therapeutics, and Comcast's talks to sell its Hulu stake to Disney.
The Yahoo Finance Live team discusses Comcast CEO Brian Roberts' comments that the company is likely to sell its 33% stake in Hulu, as the streaming service is set to combine with Disney+ into a single app by year's end.
Comcast could require Disney to buy out its stake in the streamer as early as January 2024. It's looking like a sale is likely.
Disney said in 2019 it would take full control of Hulu in a deal with Comcast that ascribed a minimum equity value of $27.5 billion to Hulu, allowing either company to trigger a sale or purchase of the stake as early as January 2024. According to the CNBC report, Roberts suggested the final price for Hulu will likely be higher than the valuation set in 2019.
Yahoo Finance Live's Rachelle Akuffo breaks down the news of Comcast selling its 33% stake in Hulu to Disney and the companies' partnership to merge into a new app by Year's end.