Expansion follows Comcast's $500-million network investment in Indiana over last three yearsINDIANAPOLIS, Nov. 13, 2024 /PRNewswire/ -- Together with the Indiana Broadband Office (IBO) and the Indiana Office of Community & Rural Affairs (OCRA), Comcast is building reliable, high-speed Internet access to unserved and underserved communities in Indiana.The joint $55 million investment will kick off the latest collaborative effort between OCRA, the IBO, and Comcast under Indiana's Next Level Connections broadb ...

The collections range in price points as well, offering consumers affordable and luxury options to show off their love of all things "Wicked."These "Wicked" collaborations cross the spectrum from apparel, accessories, footwear, beauty and costumes all the way to home decor, toys and even one-of-a-kind cars.Universal 's theatrical retelling of the famed Broadway musical is creating buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of retail partners. The green-and-pink barr ...

Any of my regular readers know that I like to find aspects of a company that my fellow Seeking Alpha authors haven't covered, to avoid making readers sit through repeats of past articles. My Comcast Corporation (Max Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, macroeconomic trends, and last but not l ...

Broadcast Tunnel in Inverted Colorsgetty“Two roads diverged in a wood, and I—I took the one less traveled by, And that has made all the difference.”- Robert Frost, “The Road Less Traveled”I’m not sure how familiar Robert Frost was with the media business. But after Comcast announced a potential spin-off of its cable networks, from MSNBC to CNBC to USA and more, the company has a lot more than two potential roads to travel. The traditional media business has been staring at these multiple roads for years now ...

Comcast's Mike Cavanagh said the company will explore ditching its cable networks.The company may also look to partner Peacock with a rival streaming service.Wall Street analysts shared their takes on those potential moves, and why they might not make sense. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CMCSA, JNJ, KVUE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Exact Name of Registrant; State of Incorporation; Address and Telephone Number of Principal Executive Offices I.R.S. Employer Identification No. 001-32 ...

Comcast (CMCSA) reported third-quarter 2024 adjusted earnings of $1.12 per share, which beat the Zacks Consensus Estimate by 5.66% and increased 3.7% year over year.Consolidated revenues increased 6.5% year over year to $32.07 billion and beat the Zacks Consensus Estimate by 0.86%.CMCSA shares were up more than 4% in pre-market trading. On a year-to-date basis, shares have lost 3.7% compared with the Zacks Consumer Discretionary sector’s appreciation of 5.4%.CMCSA’s Quarter DetailsComcast lost 87K domestic ...

NBC-parent Comcast is exploring spinning of its struggling cable networks business, including left-leaning MSNBC, President Mike Cavanagh said Thursday. Cavanagh revealed during the third-quarters earnings call that the media giant is mulling the creation of a “new, well-capitalized company owned by our shareholders and comprised of our our strong portfolio of cable networks.”The cable networks include MSNBC, CNBC, Bravo, E!, Syfy, USA Network and Oxygen True Crime. 3 Comcast president Mike Cavanagh said ...

KEY TAKEAWAYSComcast on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio into a separate company.The separation would not include the broadcast network NBC or streaming platform Peacock, Comcast president Mike Cavanagh said in the call.The company, which is struggling with cord-cutting, also reported mixed third-quarter results that included a year-over-year loss of 365,000 cable customers. Comcast (CMCSA) on Thursday said in its third-quarter ...