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Comcast, led by chairman and CEO Brian Roberts, reported first-quarter results for its entertainment unit and other operations. Peacock, the NBCUniversal streamer under parent Comcast, narrowed its loss to $215 million, from $639 million in the year-ago period, and overall revenue rose 16 percent to $1.2 billion. Peacock ended March 2024 with 41 million paying…
The Trump administration’s campaign against diversity, equity and inclusion programs in the media and entertainment sector has turned its attention on Comcast. The media conglomerate has confirmed that Federal Communications Chair Brendan Carr has notified Comcast his agency is to investigate the company’s DEI practices. “We have received an inquiry from the Federal Communications Commission…
NBCUniversal streaming service Peacock grew its fourth-quarter revenue and narrowed its loss to $372 million from a loss of $825 million in the year-ago period, with the full-year 2024 loss narrowing by around $1 billion from a $2.75 billion loss in 2023, Comcast reported on Thursday. Its media division results included $1.3 billion of revenue,…
With the competitive streaming video business having matured in the U.S. and companies focusing more on profitability, subscriber retention has become at least as important as subscriber growth. Now, the latest data from research firm Ampere Analysis shows that a recent trend to pool together streaming services into bundles reduces customer churn rates. Overall, 42 percent…
Mel B, one of the Spice Girls and a former host on America’s Got Talent, will narrate her first TV series. Sky Kids said Tuesday that the Scary Spice will be the narrator of a new animated children’s series called Happy Town. “Narrated by Mel B, Happy Town follows the problem-solving adventures of an adorable hedgehog and…
European streamer SkyShowtime just unveiled the addition of an advertising tier in late April. The Standard with Ads plan will roll out across all of the more than 20 markets served by the joint venture of Comcast and Paramount Global. The news of the ad tier comes around a year after the streamer finished its…
African streamer Showmax relaunched on Monday with a focus on an expanded content lineup, including local originals, Hollywood hits and English soccer, attractive pricing and plans to “change the game” in streaming on the continent. Its success so far caught the eye of people in London, Philadelphia and Hollywood, so that in early 2023 its…
With the Walt Disney Co. having struck a deal with Comcast to acquire full control of Hulu, the Hollywood giant is planning to bring the streamer under one umbrella with its Disney+. That is a winning formula, according to a new study by Ampere Analytics, which found that the combined streaming service would own more…
Sky News, the news arm of Comcast-owned European media and technology giant Sky xxx, David Rhodes, executive chairman of the Sky News Group, said in London on Tuesday evening. Speaking during a Sky News showcase at Somerset House in central London, he talked about the news brand’s approach: “We’re fair, and we’re thoughtful, and we…
SkyShowtime, the European streaming joint venture of Sky owner Comcast and Showtime owner Paramount Global, has appointed former Netflix executive Kai Finke as chief content officer, CEO Monty Sarhan unveiled on Monday. Based in Amsterdam and reporting to Sarhan, Finke will lead the programming team, overseeing “the vast and growing scope of the department, following…