Latest in Comcast

President Donald Trump went after Comcast during a White House meeting on empowering African Americans. During a meeting in the Cabinet Room with prominent African American media and sports figures, Trump noted that an NBC News reporter had left the room. “She just left from NBC because it’s owned by Comcast, and they…

Comcast is in talks to acquire Walmart's Vudu, the retail behemoth's advertising and transactional video-on-demand service, according to a person familiar with the situation. It’s the latest twist in the hot and getting hotter streaming wars, and comes as the media and entertainment giant, parent of NBCUniversal…

Comcast has promoted company veteran Jennifer Khoury to Chief Communications Officer, overseeing its external and internal corporate communications. She succeeds D'Arcy Rudnay, who is retiring at year’s end after a 16 years at Comcast. "Jenn is a fantastic leader and the perfect person to lead us into the future,"…

Fired Today host Matt Lauer continues to haunt NBC's parent. A shareholder resolution is asking Comcast to conduct an independent investigation of sexual harassment complaints and policies. The media giant has asked the SEC to block the proposal. The resolution was submitted by Arjuna Capital on Jan.31. In the regular…

Lionsgate reported mixed results for its fiscal third quarter, with revenue of $998.5 million comfortably exceeding Wall Street estimates but adjusted earnings of 14 cents per share undershooting forecasts for 18 cents. Like other traditional media peers, Lionsgate had sought to manage the message of taking a hit to…

Sky is set to go net zero carbon over the next ten years – looking to become Europe's first net zero carbon media and entertainment company. The Comcast-backed pay-TV broadcaster is aiming to achieve its goal by 2030 by cutting the emissions created from the use of its products, its suppliers across the world and by…

Comcast has completed an acquisition of Blueface – a Dublin, Ireland-based global tech provider, as it continues to expand its business service sector and its international footprint. Blueface's proprietary and fully customizable cloud voice communications platform will become part of Comcast Business's portfolio…

Netflix shares, which are the subject of great debate on Wall Street, rose more than 7% Thursday in the wake of a concession by Comcast earlier in the day that the media giant will continue to lose subscribers. Establishing a new six-month high, Netflix’s stock finished at $349.60 on nearly triple its normal trading…

Comcast brass made the bold claim that it is better positioned to push ahead in streaming than any other in the world as it leverages its newly announced Peacock service with divisions across the board, and that's good news for linear TV too. Peacock's ability to tap resources from wireless, cable and broadcast…

In its first full year under the ownership of Comcast, British pay-TV broadcaster Sky hit a landmark of 24M customers across Europe, but its revenue dropped 3%. According to Comcast’s fourth-quarter earnings published on Thursday, Sky added 77,000 new customers in the final three months of 2019, taking its total…

Comcast reported earnings per share of 79 cents in the fourth quarter, edging the consensus expectation of Wall Street analysts by two cents. Total revenue of $28.4 billion in the period also came in just ahead of estimates. The Cable Communications unit led the charge for the quarter, with total revenue there rising…

Comcast is planning to tap into the news resources at NBC and its British pay-TV broadcaster Sky to launch an international television news channel that will compete with CNN International and BBC World News. NBC Sky World News will go live over the summer and NBC News chairman Andy Lack told the Financial Times that…