The company’s president, Mike Cavanagh, said the company was also considering finding a partner for its Peacock streaming ...
While Comcast doesn’t break down its cable networks, the company’s media segment, which encompasses its linear TV assets and Peacock streamer, made up 26% of the company’s $32 billion in revenue last ...
Entertainment giant Comcast is considering forming a stand-alone spin-off company for its cable networks. Comcast President Mike Cavanagh revealed the possible move to investors after reporting ...
Philadelphia cable and broadband giant Comcast is looking to spin off NBCUniversal's linear cable TV networks in the ...
Not the shambling, undead kind that lurch around trying to eat brains, but rather the media variety: “Undead” cable networks that long ago gave up all hopes ... Now, Comcast, NBCU’s parent ...
Comcast Corp. is an entertainment juggernaut, encompassing theme parks, television networks, broadband infrastructure and more. But it’s not always easy for sprawling businesses to command ...
The cable networks, like the rest of the sector, have been financially challenged. For Comcast, carving them off from higher-growth businesses would ideally drive up the valuation of the core company.
Comcast continued to lose broadband subscribers. The company parted with 87,000 internet customers, attributing most of the churn to the end of the Affordable Connectivity Program, a federal subsidy.
Comcast on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio ... Comcast shares are up around 2% Thursday morning but are down ...
Comcast (CMCSA) is exploring a major restructuring that could spin off its cable networks, marking another seismic shift in the streaming wars. The entertainment conglomerate is also seeking ...