#NBCUniversal’s Peacock Tops 20M Paid Subs, Streamer’s Loss Widens to $978M in Fourth Quarter

#NBCUniversal’s Peacock Tops 20M Paid Subs, Streamer’s Loss Widens to 8M in Fourth Quarter

#NBCUniversal’s Peacock Tops 20M Paid Subs, Streamer’s Loss Widens to $978M in Fourth Quarter

Admin3 years ago011 mins

NBCUniversal’s Peacock Tops 20M Paid Subs, Streamer’s Loss Widens to $978M in Fourth Quarter Peacock, the streaming service of Comcast’s entertainment unit NBCUniversal, grew its revenue and subscribers in the fourth quarter, but its loss widened again compared with the year-ago period. Comcast’s earnings report for the final period of 2022 detailed quarterly financials for NBCUniversal, including higher…

#Comcast Inks Contract With President Michael Cavanagh Through 2027

Admin4 years ago03 mins

Comcast Inks Contract With President Michael Cavanagh Through 2027 Michael Cavanagh, the chief financial officer of Comcast who was recently given the added title of president, has inked a new multi-year deal with the company. The Brian Roberts-led Comcast disclosed Dec. 30 that it entered into a new employment agreement with Cavanagh through the end…

#Hollywood Stocks Fall Sharply in 2022 Amid Ad Challenges, Focus On Streaming Profits

Admin4 years ago012 mins

Hollywood Stocks Fall Sharply in 2022 Amid Ad Challenges, Focus On Streaming Profits Netflix’s stock may have been immune to the coronavirus pandemic and rose even during the volatile 2021, but it couldn’t escape seeing its own shares, and most other Hollywood stocks, being brought down to Earth in 2022. The streamer ended trading on…

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#Comcast Stock Gets Upgrade Even Though Analyst Is “Bearish on NBCU”

Admin4 years ago06 mins

Comcast Stock Gets Upgrade Even Though Analyst Is “Bearish on NBCU” Comcast has earned an upgrade from Wells Fargo analyst Steven Cahall, who raised his stock rating from “underweight” to “equal weight” on Monday despite a bearish outlook on the cable, media and tech giant’s entertainment unit NBCUniversal. He also raised his stock price target…

#Steph Curry’s Unanimous Media inks deal with Comcast, NBCUniversal

Admin5 years ago05 mins

“#Steph Curry’s Unanimous Media inks deal with Comcast, NBCUniversal” NBA star Stephen Curry and his Unanimous Media production company have inked a sweeping talent deal with Comcast and NBCUniversal, the companies said Tuesday. The multi-year deal is being billed by Comcast-owned NBCUniversal as its first-ever “global talent partnership.” The deal includes a host of first-look development opportunities…

#Comcast and ViacomCBS to launch ‘SkyShowtime’ streaming service in Europe

Admin5 years ago04 mins

“#Comcast and ViacomCBS to launch ‘SkyShowtime’ streaming service in Europe” Comcast and ViacomCBS are teaming up to launch a European streaming service in 2022, both companies said Wednesday. Dubbed “SkyShowtime,” the service will include new and previously released TV shows and movies from Comcast-owned Sky and NBCUniversal and ViacomCBS brands like Showtime, Nickelodeon and Paramount…

#NBCUniversal delays office return amid rising COVID-19 cases

Admin5 years ago03 mins

“#NBCUniversal delays office return amid rising COVID-19 cases” Comcast’s NBCUniversal is postponing its return to office, citing a rise in breakthrough cases of COVID-19. NBC had been planning a large-scale return to the office after Labor Day, but it is now moving the date to Oct. 18 “at the earliest,” the company said Wednesday. And…

#ViacomCBS waiting for other suitors: sources

Admin5 years ago09 mins

“#ViacomCBS waiting for other suitors: sources” Shari Redstone is hitting pause on any potential partnership talks between her media company ViacomCBS and NBC owner Comcast in hopes of lining up more suitors, The Post has learned. The billionaire heiress, who serves as chairman of ViacomCBS, has decided to hold off until next year before re-engaging…

#Comcast beats earnings expectations as NBCUniversal’s recovery takes shape

Admin5 years ago04 mins

“#Comcast beats earnings expectations as NBCUniversal’s recovery takes shape” Cable giant Comcast continued to benefit from rising demand for high-speed internet as customers work from home during the pandemic, helping it beat second-quarter earnings expectations. The company added that entertainment division NBCUniversal, which includes Hollywood movie studio Universal Pictures, streaming service Peacock and Universal Studios…

#Comcast, ViacomCBS bosses discussed streaming deal: report

Admin5 years ago06 mins

“#Comcast, ViacomCBS bosses discussed streaming deal: report” Comcast chief executive Brian Roberts and ViacomCBS chairman Shari Redstone met in recent weeks to discuss a potential streaming pact for international markets, according to a new report. Roberts, Redstone and ViacomCBS CEO Bob Bakish convened in New York at the end of June to explore a host…