Latest in Comcast

One by one titans of media are delicately weighing in on deals last month that will reshape the landscape with Comcast CEO Brian Roberts saying AT&T's move to unload WarnerMedia "speaks for itself." "I look at our company and I don't think there's a similarity. I think for us, we are very pleased with our talent, our…

Comcast-owned Sky has centralized its European acquisitions activity under Sarah Wright, who has been elevated from director of acquisitions and Sky Cinema to group director of acquisitions. The change means that acquisitions teams across Germany, Austria, Switzerland, and Italy will be overseen by UK-based Wright. UK…

EXCLUSIVE: As the coronavirus pandemic gradually releases its grip, Comcast seems to have managed through the worst of it, thanks in large part to its broadband operations. Last week, the company reported better-than-expected earnings. Despite shedding nearly half a million pay-TV customers and reporting some softness…

NBCUniversal's streaming service Peacock had 42 million signups in the first quarter — up from the 33 million it reported three months ago — benefiting from the recent addition of exclusive domestic streaming rights to WWE Network and The Office. Parent Comcast posted a major earnings beat with EPS of $0.71, up 54%…

Comcast CEO Brian Roberts’ total pay package came in at $32.7 million last year, down from $36.4 in 2019. Roberts earned a base salary of $3.4 million; stock and option grants both valued at $10.6 million; and $7.7 million in non-equity incentive compensation — like a cash bonus. NBCUniversal CEO Jeff Shell’s total…

Starz Picks Up ‘Death & Nightingales’ Starz has acquired BBC period drama Death And Nightingales, which features The Americans actor Matthew Rhys and Fifty Shades of Grey’s Jamie Dornan. The three-part drama, which is based on Eugene McCable's modern Irish classic, is written by The Fall creator Allan Cubitt and is…

In a significant new integration, Comcast has added Disney+ and ESPN+ to its Xfinity pay-TV and broadband services. The two streaming services will be part of the main user interface for X1 TV customers as well as on the Flex broadband video package. As streaming has matured in recent years, Comcast has adopted a…

Comcast, whose NBCUniversal unit controls U.S. broadcast rights to the Olympics through 2032, has extended its commitment to the Olympic and Paralympic Games. The cable and media giant extended its partnership with Team USA through 2028 and set a founding partnership with the LA28 Olympic and Paralympic Games. The…

Comcast theme parks swung from nearly $3 billion in profit to $500 million in losses “in a flash” during 2020, but their current outlook is “encouraging,” CFO Mike Cavanagh said. Cavanagh discussed parks, Universal’s film and TV operations, streaming service Peacock and other topics in an online appearance today at a…

Peacock collected $118 million in advertising revenue in 2020, but it also booked start-up-style losses of $914 million, which was in line with the company’s pre-launch forecasts. The figures were in an updated SEC filing Monday submitted by Comcast, which provided adjusted figures for 2019 and 2020. The media giant…

Under severe criticism for the lack of a single Black member among their influential ranks, the Hollywood Foreign Press Association today finally laid out some specifics of how they intend to try to rectify matters. “We understand the importance of building a more inclusive organization and becoming more transparent…

Comcast CEO Brian Roberts says the will-they-won't-they Tokyo Summer Olympic Games "are getting past the point of 'if'." "It's about exactly how it gets done," live spectators, etc… "I am very hopeful. In my conversations with leadership. There is an excitement. This is a perfect moment for the world to come…