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“#Amid mega-mergers and acquisitions, ViacomCBS may be in play” In the world of mergers and acquisitions, Wall Street bankers have an old saying: “Everyone talks to everyone.” The cliché describes those preliminary M&A powwows between CEOs that are so commonplace, you probably shouldn’t label them “deal discussions.” Except on those occasions when they deserve that…
“#Tongues wagging over Shari Redstone meeting with Comcast” SUN VALLEY, Idaho — Media tongues are wagging about what potential streaming collaborations might be brewing in the wake of this week’s Allen & Co. conference for tech and media moguls. The powwows between media bosses at the Sun Valley confab reached a new level of intensity…
“#Amazon to offer Universal movies on Prime Video after they play on Peacock” Amazon Prime Video will offer new live-action movies from Universal Pictures four months after their streaming debut on Peacock, the companies announced Thursday. The multiyear deal applies to live-action films including “Jurassic World: Dominion” that are scheduled to be released in theaters…
“#Sinclair bids for NBC Sports Networks: sources” Sinclair Broadcasting Group, already the nation’s dominant owner of regional sports networks, has made an offer to acquire NBCUniversal’s seven regional sports networks, The Post has learned. If Sinclair succeeds in buying the RSNs, it would add dozens of popular National Basketball Association and Major League Baseball teams…
“#Roku, ViacomCBS shares rise on report that Comcast is eyeing deal” Comcast is looking for new ways to expand its streaming footprint — and Roku and ViacomCBS are possible acquisition targets, according to a report. Comcast chief executive Brian Roberts is “wrestling” with the idea to either “build or buy” to become a streaming giant,…
“#Comcast profits surge despite revenue drop at NBCUniversal” Comcast said its quarterly profit soared 55 percent, lifted by its booming broadband and wireless businesses even as its NBCUniversal unit’s theme parks and TV networks continued to get hammered by the pandemic. The cable TV giant also gave investors a peek into its nascent streaming business,…
“#Universal Studios Hollywood theme park to reopen April 16” Comcast’s Universal Studios Hollywood theme park in California will reopen to a limited number of visitors on April 16, the company said in a statement on Tuesday. Most rides will be operating at that time, though some will stay closed to comply with the state’s coronavirus…
“#Peacock Subscriber Numbers Hit 33 Million by the End of 2020 – /Film” Exceeding expectations, NBCUniversal’s streaming service Peacock reached 33 million subscribers by the end of 2020. That is not only far ahead of projections from their parent company Comcast, who hoped to reach 35 million subscribers by the end of 2024, they also…
“#Comcast’s broadband business offsets pain in movies, theme parks” Cable and media giant Comcast posted a 7 percent gain in fourth-quarter profit, thanks to continued growth in its broadband business, which was offset by pandemic-related weakness at its movie and theme park divisions. Comcast, which owns TV network NBCUniversal, theme park Universal Studios and movie…
“#Comcast reportedly eyes deal to sell smart TVs with Walmart” Cable giant Comcast is trying to forge a partnership with Walmart to sell smart TVs as the cable giant tries to expand its footprint in video streaming, a new report says. The deal being discussed would see the nation’s largest retailer promote TV sets outfitted…