Comcast has announced a new ultra-low lag tech that is designed to reduce latency and improve connections for Xfinity customers.
Comcast sheds broadband, cable TV subscribers in Q4
Comcast Surpasses Q4 EPS Estimates
Comcast exceeded expectations in its Q4 2024 earnings, driven by strong growth in its connectivity and media segments.
Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
The latest entertainment briefs spotlight a Brazilian film on authoritarian history, Netflix's toy expansion with 'Stranger Things', Comcast's financial boost from 'Wicked', and the London premiere of the new 'Bridget Jones' film,
Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86. Media segment revenue grew 3.5%, Peacock's paid subscribers increased 29%, and Comcast generated $3.
In a report released yesterday, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Comcast (CMCSA – Research Report), with a
Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.
8don MSN
The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers
Heger, meanwhile, thinks Netflix can find the right balance. The stock is currently up 10% after the company beat the Street's expectations for the top and bottom lines in Q4, punctuated by Netflix announcing that its total number of subscribers had surged past 300 million.
Streaming service Netflix garnered 16 film nominations (mostly for "Emilia Pérez"), more than any other studio or streamer. But Universal Pictures and its Focus Features sister unit weren't far behind.
Netflix has promoted Michael Azzolino and Nne Ebong to VP of scripted drama series development and VP of studio scripted series respectively.
Netflix has proven that it can with with sports, movies, peak TV shows, and reality and cooking TV. It’s acting like a cable bundle, and pricing like one too.
In today's tech bytes, ABC's Andrew Dymburt talks about Comcast's new ultra-low lag for its Xfinity internet and how Microsoft is bringing iPhone integration into the Windows 11 start menu.
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