Mike Tirico is seen on the set of NBCUniversal Paris 2024 Olympics coverage on August 04, 2024 in Paris, France.Comcast's NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in a bid to grab more viewership — especially for its growing streaming platform, Peacock.It appears to have paid off so far — more than 30 million people tuned in to NBC's TV and streaming platforms to watch the games, and a record $1.2 billion in advertising revenue ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Paris Olympics was a big hit for Comcast and NBC: Viewers loved the games, advertisers paid big money t ...

How does a 5.7% dividend yield sound?Many people think of dividend-paying stocks as great for retirees, and that's certainly true. If you're retired with a stock portfolio worth a total of $500,000 and it has an overall dividend yield of, say, 4%, you'll be collecting around $20,000 in income annually -- without having to sell any shares! Better still, healthy and growing dividend payers tend to increase their payouts over time, so that income might even keep up with inflation.But dividend-paying stocks are ...

In this articleCMCSAWBDNFLXPARADISJaque Silva | SOPA Images | Lightrocket | Getty ImagesStreaming is finally starting to pay off for media companies, but there's a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes.Legacy media companies entered the streaming market with a focus on gaining subscribers and competing with category leader Netflix as traditional cable TV bundles lose customers. Now, looking for a return on their content investments, Disney ...

Dividend stocks offer steady cash flow and the potential to generate long-term gains. However, “potential” is the key word, and some stocks don’t live up to expectations. While quarterly dividend payments are nice, they don’t mask underperformance. Some dividend stocks have trailed the S&P 500 for several years. While the yields are higher than most stocks, that’s not enough to justify a good investment. It’s also not enough to justify an investment if the corporation is a household name. Some household nam ...

These diverse stocks can act as strong pillars to support your income portfolio.Investing $100 into a stock won't likely lead to significant wealth in the future. But if you routinely make purchases of $100, then over time, you can build up a sizable position in a company and start to see your portfolio balance expand significantly. The key is finding good, safe stocks where you can make the most of any kind of investment.Three stocks that are currently priced below $100 and also pay high dividends are Comc ...

Comcast, Boys & Girls Clubs of Southeastern Michigan bring the excitement of the Olympic Games to DetroitDETROIT, July 26, 2024 /PRNewswire/ -- Comcast and Boys & Girls Clubs of Southeastern Michigan are teaming up to bring the thrill and excitement of the Olympic and Paralympic Games Paris 2024 to more than 200 children in Detroit.Boys & Girls Club members from across the city will watch the Olympic Games Opening Ceremony and participate in a Field Day – including flag football, soccer, basketball, volleyb ...

In this articleCMCSAThe Paris 2024 logo representing the Olympic Games is displayed near the Eiffel Tower in Paris on April 21, 2024, in anticipation of the 2024 Paris Olympic Games and Paralympic Games.Chesnot | Getty ImagesThe Paris Olympics will offer Comcast another chance to lift its streaming platform, Peacock, as it aims to not only attract more subscribers but keep them.Although this Olympics is the third since Peacock debuted in 2020, it's becoming the first real opportunity for Comcast's NBCUniver ...

The S&P 500 is considered the benchmark index for the U.S. stock market. It is comprised of the top 500 companies based on total market capitalization. Over the past year, S&P 500 stocks have increased 22%.After the rent dip in the stock market, particularly among large-cap stocks, This is a great time to start buying into companies at a slight discount.Below, I discuss three S&P 500 stocks that offer investors upside potential, a strong dividend yield and a low valuation, making these companies a perfect a ...

Financial Performance - Consolidated revenue for the three months ended June 30, 2024, decreased by 2.7% to $29,688 million compared to $30,513 million in 2023[54] - Net income for the three months ended June 30, 2024, was $3,839 million, an 8.4% decrease from $4,189 million in the same period of 2023[54] - Adjusted EBITDA for the three months ended June 30, 2024, was $10,171 million, a 0.7% decrease from $10,244 million in 2023[54] - Total costs and expenses for the three months ended June 30, 2024, decreased by 3.2% to $23,053 million from $23,804 million in 2023[54] - The effective income tax rate for the three months ended June 30, 2024, was impacted by state and foreign income taxes, resulting in a tax expense decrease of 13.1% to $1,336 million compared to $1,537 million in 2023[57] - For the three months ended June 30, 2024, net income attributable to Comcast Corporation was $3,929 million, a decrease of 7.5% compared to $4,248 million in the same period of 2023[92] Revenue Breakdown - Total Connectivity & Platforms revenue for the three months ended June 30, 2024, was $20,245 million, a decrease of 0.6% compared to $20,360 million in the same period of 2023[59] - Total Content & Experiences revenue decreased by 7.5% to $10,057 million for the three months ended June 30, 2024, compared to $10,873 million in the same period of 2023[73] - Media segment revenue increased by 2.1% to $6,324 million for the three months ended June 30, 2024, compared to $6,195 million in the same period of 2023[75] - The Studios segment experienced a revenue decline of 27.0% to $2,253 million for the three months ended June 30, 2024, compared to $3,087 million in the same period of 2023[73] - Domestic broadband revenue increased by 3.0% to $6,569 million for the three months ended June 30, 2024, compared to $6,377 million in the same period of 2023[68] Cost Management - Programming and production costs decreased by 10.0% to $7,961 million for the three months ended June 30, 2024, compared to $8,849 million in 2023[54] - Marketing and promotion expenses decreased by 8.5% to $1,922 million for the three months ended June 30, 2024, compared to $2,100 million in 2023[54] - Total Connectivity & Platforms costs and expenses decreased by 2.1% to $11,762 million for the three months ended June 30, 2024, compared to $12,014 million in the same period of 2023[66] - Programming expenses decreased by 7.2% to $4,248 million for the three months ended June 30, 2024, compared to $4,579 million in the same period of 2023[66] - Total costs and expenses for the Media segment increased by 0.4% to $4,968 million for the three months ended June 30, 2024, compared to $4,951 million in the same period of 2023[75] Customer Metrics - Domestic Residential Connectivity & Platforms customer relationships decreased by 128 thousand to 31,426 thousand as of June 30, 2024, compared to 31,761 thousand as of June 30, 2023[61] - Total domestic broadband customers decreased by 120 thousand to 32,068 thousand as of June 30, 2024, compared to 32,305 thousand as of June 30, 2023[61] - Average monthly total Connectivity & Platforms revenue per customer relationship increased by 0.5% to $130.20 for the three months ended June 30, 2024, compared to $129.53 in the same period of 2023[62] Debt and Financing - Comcast issued $3.3 billion in fixed-rate senior notes in May 2024, with maturities ranging from 2029 to 2054 and a weighted-average interest rate of 5.38%[103] - A total of 112 million shares of Class A common stock were repurchased for $4.6 billion during the six months ended June 30, 2024, with a new share repurchase program authorized for $15.0 billion[104] - The company made optional repayments on debt obligations, which may include repurchases or exchanges of outstanding public notes and debentures[103] - The company reported a significant increase in income tax payments for the six months ended June 30, 2024, totaling $4,568 million compared to $2,384 million in the same period of 2023[100] Future Outlook - The company expects to receive additional proceeds from the sale of its interest in Hulu in 2024, following a third-party appraisal process[102] - Comcast's management continues to focus on maintaining compliance with financial covenants related to leverage, which is tested quarterly[100]