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Comcast Corporation (CMCSA) MoffettNathanson's Media, Internet & Communications Conference (Transcript)
2024-05-14 16:22
Comcast Corporation (NASDAQ:CMCSA) MoffettNathanson's Media, Internet & Communications Conference May 14, 2024 8:00 AM ET Company Participants Brian Roberts - Chairman and CEO Conference Call Participants Craig Moffett - MoffettNathanson LLC Craig Moffett Good morning, everybody, and thank you for joining us for the 11th Annual MoffettNathanson Media & Communications Conference. And I am really delighted to kick off this year's conference with an opening keynote with Brian. It is a fun fact. Brian was -- yo ...
Comcast Launching Streaming Bundle For Peacock, Netflix And AppleTV+
Forbes· 2024-05-14 14:07
ToplineComcast announced Tuesday it will launch a streaming bundle with Peacock, Netflix and AppleTV+ later this month, multiple outlets reported, the latest move as more companies partner up and bundle services to compete in the ever-growing streaming game.The bundle is set to be released later this month, though some specifics remain unclear. SOPA Images/LightRocket via Getty Images Key FactsThe streaming bundle, dubbed StreamSaver, is set to debut at a low price point later this month, Variety reported, ...
Media companies look to woo advertisers as spending shifts to digital
CNBC· 2024-05-13 14:00
In this articleDISCMCSAWBDPARANFLXKevin Mazur | Getty Images Entertainment | Getty ImagesMedia giants are making their annual pitches to advertisers this week against the backdrop of significant disruption in the industry.The Hollywood writers and actors strikes are over, meaning Upfronts will likely be star-studded once again, major cost cutting is largely in the rear view mirror and streaming has fully embraced advertising models. Still, this year's Upfronts presentations come in the midst of further tumu ...
Bally Sports regional networks go dark for Comcast cable customers
CNBC· 2024-05-01 18:16
A Bally Sports display is shown in the eighth inning of the game between the Houston Astros and Minnesota Twins at Target Field on April 9, 2023 in Minneapolis, Minnesota. The Astros defeated the Twins 5-1.The blackout marks another pain point for the regional sports network business, which has faced pressure as consumers cut pay-TV subscriptions in favor of streaming.Negotiations between Comcast and Bally Sports' operator Diamond Sports Group, which has been under bankruptcy protection since last year, bro ...
Peacock Plans to Hike Subscription Prices (Again) Ahead of the Summer Olympics
CNET· 2024-05-01 00:14
Peacock's streaming subscription plans are about to cost a little more. The NBCUniversal brand is increasing the prices on its monthly and annual plans, with changes going into effect this summer. The news comes after parent company Comcast announced that the streaming platform added 3 million new paid subscribers in the first quarter of 2024. Beginning July 18, new customers will pay more for subscriptions: $8 per month for Peacock Premium and $14 a month for Peacock Premium Plus -- both are $2 increases. ...
Comcast's Peacock streaming service getting another price hike
Proactive Investors· 2024-04-30 11:31
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
Peacock Raising Prices By $2 A Month This Summer, Its Second Hike In Two Years
Deadline· 2024-04-29 16:34
NBCUniversal is hiking the price of Peacock for the second time in two years, tacking $2 onto the cost of the streaming service this summer, around the time of the Paris Olympics. Beginning in July, the monthly price for Peacock Premium will increase to $7.99. Premium Plus, which offers limited advertising, download capability and live local programming, will now be $13.99. Annual plans will go up to $79.99 for Premium and $139.99 for Premium Plus. The change will take effect starting July 18 for new custo ...
Comcast Corporation (CMCSA) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-04-29 14:01
Comcast (CMCSA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this cable provider have returned -11% over the past month versus the Zacks S&P 500 composite's -2% change. The Zacks Cable Television industry, to which Comcast belongs, has lost 9.1% over this period. Now the key question is: Where could the stock be headed in the near term? Although media ...
Compound Your Wealth With These Undervalued Dividends
Seeking Alpha· 2024-04-27 13:30
MarsBars Planning for retirement or early retirement doesn’t have to be daunting, so long as one is focused on taking a step-by-step, brick-by-brick approach. As Rome wasn’t built in a day, neither does an investment portfolio. That’s because the power of compounding can work wonders through a combination of dividend reinvestment and capital appreciation. Thanks to the stock market, one can pick up as much or as little as they want at a time without risking too much all at once. This brings me to the fo ...
Ken Griffin's Hedge Fund Continues Its Win Streak With These 3 Stocks
24/7 Wall Street· 2024-04-27 12:05
Ken Griffin's Hedge Fund Continues Its Win Streak With These 3 Stocks Larry Busacca / Getty Images With roughly $60 billion in assets under management, Citadel is a giant among hedge funds. The Miami-based firm, headed by Ken Griffin, delivered $25 billion in profits over the past six years, including $7 billion in 2023 when other hedge fund traders were grappling with high rates.Citadel is infamous in retail investor circles for its role in the GameStop (NYSE: GME) short squeeze of 2021. That’s when it s ...