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Comcast (CMCSA) earnings Q4 2023

Omar Marques | Lightrocket | Getty ImagesComcast topped both revenue and profit estimates in the fourth quarter as it lost fewer broadband subscribers than expected, and it raised its dividend 7%, the company said Thursday.Here's how Comcast performed, compared with estimates from analysts surveyed by LSEG, formerly known as Refinitiv.Earnings per share: 84 cents adjusted vs. 79 cents expectedRevenue: $31.25 billion vs. $30.51 billion expectedFor the quarter ended Dec. 31, net income rose 7.8% to $3.26 billion, or 81…

Chiefs-Dolphins Playoff Game on Peacock Sets U.S. Streaming and Internet-Usage Records

Jan. 14, 2024 10:34 pm ETThe NFL playoff game between the Kansas City Chiefs and Miami Dolphins made history—and not just because it was so cold that one head coach’s mustache formed icicles.The Wild Card game, which aired on the streaming service Peacock, was the most streamed U.S. event ever, drawing 23 million viewers, according to ComcastNBCUniversal, Peacock’s owner. It also was the largest event ever for internet usage in the U.S., accounting for 30% of web traffic, making Saturday the single highest day of U.S.

Comcast (CMCSA) 2Q earnings 2Q23

Comcast beat analyst estimates on Thursday when it reported its second quarter results, as higher pricing helped offset a continued slowdown in its broadband business.The company also said the number of subscribers for its streaming service Peacock nearly doubled to 24 million compared to the prior-year period, with revenue up 85% to $820 million. Still, losses from the streaming platform continued to weigh on NBCUniversal's media business.Here's how Comcast performed, compared with estimates from analysts surveyed by…

'Barbenheimer' Poised to Deliver a Blowout Weekend

The dual release of “Barbie” and “Oppenheimer” could help deliver the strongest U.S. box office weekend of the year in an otherwise sleepy summer for film debuts. The dual release of “Barbie” and “Oppenheimer” could help deliver the strongest U.S. box office weekend of the year in an otherwise sleepy summer for film debuts. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Peacock Becomes Latest Streaming Service to Raise Prices

NBCUniversal said its ad-supported plan will increase $1 a month, while the ad-free tier will go up $2 to $11.99 a month. NBCUniversal said its ad-supported plan will increase $1 a month, while the ad-free tier will go up $2 to $11.99 a month. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

NBCUniversal Entertainment Shake-Up Elevates Veteran Studio Chief

The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

TV's Golden Era Proved Costly to Streamers

Streaming losses, layoffs and share-price pressures were already leading to an industry retrenchment. Then the writers’ strike hit. Streaming losses, layoffs and share-price pressures were already leading to an industry retrenchment. Then the writers’ strike hit. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

NBCUniversal Says Group Black to Sell Ads on Its Peacock Streaming Service

Group Black, which invests in Black-owned media companies, will keep the majority of revenue from ads it sells through new NBCUniversal deal. Group Black, which invests in Black-owned media companies, will keep the majority of revenue from ads it sells through new NBCUniversal deal. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Inside Disney and Comcast’s Fight Over the Future of Hulu

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/inside-disney-and-comcasts-fight-over-the-future-of-hulu-96a7aae6 This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement…

Latest 'Fast & Furious' Movie Tops Weekend Box Office

“Fast X,” the 10th movie in the saga, opened with $67.5 million domestically and $251.4 million overseas, showing the action franchise’s international popularity. “Fast X,” the 10th movie in the saga, opened with $67.5 million domestically and $251.4 million overseas, showing the action franchise’s international popularity. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…