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Comcast And Paramount Reach Carriage Renewal, Averting Blackout
Deadline· 2023-12-30 13:02
Top U.S. cable operator Comcast has reached a carriage renewal with Paramount Global, averting a potential blackout of service around the New Year’s holiday. The deal, confirmed to Deadline by a Paramount spokesperson, comes before the expiration of the current pact at the end of the year. In January 2022, Paramount (then known as ViacomCBS) and Comcast announced a “multi-year” carriage renewal. Talks proceeded quietly in recent days, without any of the consumer-facing warnings about looming deadlines that ...
Attention: Xfinity-Comcast Customers affected by Recent Data Breach May be eligible For Compensation (NASDAQ: CMCSA)
Newsfilter· 2023-12-29 17:45
NEW YORK, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Xfinity/Comcast (NASDAQ:CMCSA) recently suffered a massive data breach affecting more than 35.8 million Xfinity customers. Personal information such as usernames and hashed passwords, names, contact information, partial social security numbers, dates of birth and secret questions and answers for some of its customers have been compromised. WHAT'S THIS ABOUT? Xfinity customers may be eligible for compensation if they received an email or letter of the data breach. ...
From 'Barbenheimer' to Taylor Swift, here are the most important films of 2023 and why they worked
CNBC· 2023-12-27 13:17
In this articleWBDCMCSADISMovie posters for "Barbie" and "Oppenheimer" are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023.Hannah Beier | The Washington Post | Getty ImagesCall 2023 an explosive comeback at the box office.There were blonde bombshells, in "Barbie," actual bombs, in "Oppenheimer," and small-budget blockbusters — each of them aiding the theatrical industry in bolstering ticket sales and drawing relapsed customers back to the big screen.With one week left in the ...
Will Theme Park Stocks Bounce Back in 2024?
The Motley Fool· 2023-12-22 11:55
There was a lot of love for theme parks this year from thrill-seeking fans of these massive outdoor havens of escapism. Wall Street hasn't been as kind. Walt Disney (DIS -0.68%) -- operator of the world's most popular gated attractions -- has seen its shares lose to the market with a meager 6% advance in 2023.SeaWorld Entertainment (SEAS 0.63%) has fared even worse. The largest publicly traded pure play in the theme parks space has tumbled 5% this year through Thursday's close. Universal Studios parent Comc ...
Comcast Corporation (CMCSA) UBS Global TMT Conference (Transcript)
2023-12-04 16:39
Comcast Corporation (NASDAQ:CMCSA) UBS Global TMT Conference Call December 4, 2023 9:00 AM ET Company Participants Mike Cavanagh - President Conference Call Participants John Hodulik - UBS John Hodulik Again, I'm John Hodulik from the Media, Telecom and Infrastructure Research team. I'm very pleased to have with me here today Mike Cavanagh, the President of Comcast. Mike, thanks for being here. Mike Cavanagh Thanks, John. Good to be here again. It's been a couple of years... John Hodulik Number of years, ye ...
Comcast Corporation (CMCSA) Morgan Stanley European Technology, Media & Telecom Conference (Transcript)
2023-11-16 15:59
Comcast Corporation (NASDAQ:CMCSA) Morgan Stanley European Technology, Media & Telecom Conference Call November 16, 2023 6:20 AM ET Company Participants Jason Armstrong - Chief Financial Officer Conference Call Participants Benjamin Swinburne - Morgan Stanley Benjamin Swinburne Okay. We are going to get started. Good afternoon, everybody. I'm Ben Swinburne, Morgan Stanley's media analyst. There are some disclosures on Morgan Stanley's website, which you can check out regarding my personal holdings and other ...
Comcast(CMCSA) - 2023 Q1 - Earnings Call Presentation
2023-10-30 14:27
Q 3 2 0 2 3 E A R N I N G S ...
Comcast(CMCSA) - 2023 Q3 - Earnings Call Transcript
2023-10-26 17:05
Comcast Corporation (NASDAQ:CMCSA) Q3 2023 Results Earnings Conference Call October 26, 2023 8:30 AM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Michael Cavanagh - President Jason Armstrong - Chief Financial Officer Brian Roberts - Chairman and Chief Executive Officer David Watson - President and Chief Executive Officer, Comcast Cable Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Phil Cusick - J.P. Morgan Jessica Reif E ...
Comcast(CMCSA) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
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, 2023 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 Commission File Number Number of Principal Executive Offices I.R.S. Employer Id ...
Comcast Corporation (CMCSA) Bank of America Securities Media, Communications and Entertainment Conference (Transcript)
2023-09-14 09:28
Summary of Comcast Corporation (Universal Destinations & Experiences) Conference Call Company Overview - **Company**: Comcast Corporation (NASDAQ: CMCSA) - **Segment**: Universal Destinations & Experiences - **Date**: September 14, 2023 Key Industry Insights - **Theme Parks as Growth Pillar**: Comcast has highlighted theme parks as a key growth area, particularly since the acquisition of Universal Parks in 2011, which has seen significant growth in revenue and park operations [7][9][10]. Core Points and Arguments 1. **Growth Under Comcast**: - Universal Parks grew from 2.5 parks in 2011 to five parks and a joint venture in Beijing, with revenue increasing from $600 million in 2011 to $2.7 billion in 2022 [5][9]. 2. **Market Performance**: - Record performance in 2022 driven by Orlando and a strong rebound from the pandemic, with expectations for continued growth in 2023 [9][12]. - International parks, particularly in Japan and Beijing, are performing well, with Japan benefiting from government incentives for domestic travel [18][19][67]. 3. **New Developments**: - The introduction of **Epic Universe** in Orlando, expected to transform the market by increasing the average length of stay from three days to seven days, with a focus on immersive experiences [26][28][32][33]. - Epic Universe will feature four themed lands, including a larger Nintendo Land, and will integrate hotel experiences into the park [29][30][33]. 4. **Visitor Trends**: - Domestic travel has shown mixed data, but Orlando's local attendance remains strong, with international travel still recovering to pre-pandemic levels [12][13][46]. - Pre-COVID, international visitors accounted for about 30% of attendance, primarily from the U.K. and Brazil [46]. 5. **Long-term Growth Strategy**: - Growth is expected to be driven by both attendance and per capita spending, with a strong long-range plan for each market [21][22]. - Focus on high-margin offerings and technology to enhance visitor experiences and manage costs effectively [24][25]. 6. **Expansion Plans**: - New regional parks targeting families with younger children, such as the Universal Kids Barbecue in Texas, and a permanent horror experience in Las Vegas [49][52]. - Plans for additional parks in China and Japan, with significant infrastructure investments already made [60][67]. Additional Important Insights - **Technological Advancements**: Epic Universe will utilize advanced technology for a frictionless visitor experience, including facial recognition and robotics [30][31]. - **Competitive Landscape**: The market for regional parks is seen as large, but with different investment levels compared to major parks like Epic [55]. - **Brand Collaboration**: Strong collaboration between Universal's film and theme park divisions to leverage popular IPs for attractions [56][58]. - **Future Outlook**: Comcast's support is crucial for future developments, including Epic and other regional expansions, with a focus on innovation and customer experience [70][71]. This summary encapsulates the key points discussed during the conference call, highlighting the growth trajectory, strategic initiatives, and future opportunities for Comcast's Universal Destinations & Experiences segment.