Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the spinout of its cable TV networks.
Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
Comcast Handily Beats Wall Street's Q4 Forecasts; ‘Wicked' Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
Peacock Lost $372 Million in the Final Quarter of 2024
Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t lose members either: Peacock’s 36 million subscribers at the end of the year stayed stagnant with the prior quarter’s results. The platform’s Q4 revenue was $1.3 billion.
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’
Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on Thursday's Q4 earnings call.
‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M
Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.
MediaPost11h
Peacock Helps Lift NBCU Ad Business, Streamer Narrows Its Loss To $372M
NBCU's ad revenue posted a 0.4% hike to $2.65 billion. Madison & Wall media analyst Brian Wieser believes Peacock accounted for 25% of the company's national ad revenue.
Q4 2024 Comcast Corp Earnings Call
Good morning, ladies and gentlemen, and welcome to Comcast fourth-quarter and full-year 2024 earnings conference call. (Operator Instructions) Please note that this conference call is being recorded. I will now turn the call over to Executive Vice President, Investor Relations, Ms. Marci Ryvicker. Please go ahead, Ms. Ryvicker.
Comcast Handily Beats Wall Street’s Q4 Forecasts; ‘Wicked’ Provides Boost, Peacock Trims Losses; Stock Slumps On Broadband Losses – Update
Comcast closed 2024 with a strong quarter, handily beating Wall Street estimates, as 'Wicked' boosted NBCUniversal studio results.
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Peacock subs haven’t budged.
The streaming service’s subscriber count stayed at 36 million — the same as last quarter, according to Comcast’s earnings report released today. Peacock has only added around 5 million subscribers since January of last year,