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Comcast doesn't want its cable TV networks anymore
Business Insider· 2024-11-20 21:25
Advertisement Cable networks used to be incredibly valuable. But in the streaming and cord-cutting era, they are in decline.That's why Comcast is ditching almost all of its cable networks into a new, stand-alone company.It would like to convince other cable TV owners to join in.One of the country's biggest cable TV companies doesn't want its cable networks anymore. Would you like them?That's the pitch Comcast is making Wednesday as it announces plans to split off almost all of its cable TV networks into a ...
Comcast to spin off MSNBC, CNBC entertainment channels as streaming dents cable: sources
New York Post· 2024-11-20 09:48
Comcast is moving forward with plans to spin off its NBCUniversal cable television networks including MSNBC and CNBC, sources say, shedding a once core part of the business that has been a casualty of the streaming video revolution.The company last month told investors it was evaluating hiving off its cable networks into a separate company owned by Comcast’s shareholders.“We think there could be an opportunity to play some offense,” said Comcast President Michael Cavanagh said during the company’s third-qua ...
Comcast Stock Climbs on Anticipation of $7B Spinoff of NBCUniversal Cable Networks
Investopedia· 2024-11-20 08:55
文章核心观点 - 康卡斯特公司预计周三宣布剥离其美国全国广播公司环球有线电视网络的计划 这一消息使公司股价在周二盘后交易中上涨 该剥离可能有助于精简公司运营 [1][2] 根据相关目录分别进行总结 股价表现 - 康卡斯特股价在周二盘后交易中接近上涨3% 但从年初到周二收盘下跌了约3.5% [4] 剥离计划相关 - 预计剥离将耗时约一年完成 可能有助于精简娱乐巨头的运营 并更好地为美国全国广播公司环球公司的剩余资产定位增长 [3] - 被剥离资产在截至9月30日的12个月内创造了约70亿美元的收入 包括MSNBC和USA等频道 [2] - 美国全国广播公司环球媒体集团现任主席马克·拉扎勒斯预计将被任命为新公司的首席执行官 [3] - 康卡斯特于2011年收购了美国全国广播公司环球公司51%的股份 并于2013年以167亿美元收购了其余股份 [3]
It looks like there's a big shake-up at Comcast coming
Business Insider· 2024-11-20 08:45
Advertisement Comcast plans to spin off some NBCUniversal cable channels. The planned spinoff includes MSNBC, CNBC, E!, and Oxygen, among others.NBC, Bravo, and the streaming service Peacock would not be spun off under the plan.Comcast is planning to break off some of its cable television channels. The plan to spin off some NBCUniversal channels includes MSNBC, CNBC, USA, Oxygen, E!, Syfy, and the Golf Channel, while NBC, Bravo, and the streaming service Peacock would remain under NBCUniversal, a source cl ...
NBCUniversal Split: Comcast To Spin Off Cable Channels Under Mark Lazarus; Donna Langley Consolidates Power, NBC, Peacock & Bravo Stay Put
Deadline· 2024-11-20 08:37
Putting Donna Langley firmly in the corporate driver’s seat, Comcast boss Brian Roberts has also decided it’s time for NBCUniversal to shed some cable channel weight. Tomorrow, Comcast is set to reveal its long term plan to carve off cable channels MSNBC, CNBC, E!, Syfy, Golf Channel, Oxygen and USA into a new and separate company. The as-yet-unnamed venture will be run by current NBCU Media Group boss Mark Lazarus as CEO. NBCU CFO Anand Kini is on board as a supersized CFO and COO for the new company. S ...
Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
CNBC· 2024-11-20 07:37
关于Comcast公司 - 公司将推进其有线网络频道的分拆 消息人士向CNBC的Julia Boorstin透露预计分拆将耗时约一年 公司最早可能于周三发布公告 公司曾在10月的季度财报中表示正在考虑拆分有线网络 [1] - 分拆最初由《华尔街日报》报道 [2]
Comcast Stock Falls 1% YTD: How Should You Play the Stock?
ZACKS· 2024-11-15 22:56
Comcast’s (CMCSA) shares have lost 0.8% year to date against the Zacks Consumer Discretionary sector’s growth of 10.9%. The stock has also underperformed the Zacks Cable Television industry and its peers like Naspers (NPSNY) , WideOpenWest (WOW) , and Charter Communications (CHTR) .In the same time frame, shares of NPSNY, WOW and CHTR have gained 33.8%, 33.3% and 1.5%, respectively, against the industry’s decline of 0.5%. This underperformance of CMCSA’s shares can be attributed to sluggish growth in Reside ...
Comcast Signs Agreements with State of Indiana: Joint $55 Million Investment to Bring Fast Internet to 10,000+ Rural Homes, Businesses
Prnewswire· 2024-11-13 21:00
Expansion follows Comcast's $500-million network investment in Indiana over last three yearsINDIANAPOLIS, Nov. 13, 2024 /PRNewswire/ -- Together with the Indiana Broadband Office (IBO) and the Indiana Office of Community & Rural Affairs (OCRA), Comcast is building reliable, high-speed Internet access to unserved and underserved communities in Indiana.The joint $55 million investment will kick off the latest collaborative effort between OCRA, the IBO, and Comcast under Indiana's Next Level Connections broadb ...
Painting the town pink and green: 'Wicked' takes over retail ahead of theatrical debut
CNBC· 2024-11-09 21:00
关于“Wicked”相关商品 - 商品价格点多样,涵盖从平价到奢侈品类,品类包括服饰、配饰、鞋履、美妆、服饰、家居装饰、玩具甚至特制汽车等 [1] - 众多零售商与环球合作推出“Wicked”相关商品,如Target、Walmart、Lego、Mattel、Starbucks、Betty Crocker等,丰田雷克萨斯也推出相关主题汽车 [3][4] - 根据Mintel报告,近半数超级粉丝在过去一年购买过官方粉丝活动或商品,粉丝愿意为相关商品付费 [5] 关于“Wicked”电影 - 电影11月22日上映,上映前就引发热议,相关商品是环球营销策略一部分,或助力零售业,电影基于的百老汇音乐剧很受欢迎且吸金 [2] - 电影票房预期分歧大,NRG预测首周末票房8500万美元较为保守,也有人推测可达1亿 - 1.5亿美元 [9] - 好莱坞近年电影音乐剧营销和盈利困难,但也有基于粉丝喜爱的IP电影表现超预期,“Wicked”作为音乐剧改编电影票房较难预测 [10][11] 关于零售业 - 9月消费者信心指数下降7点为三年多来最大降幅,10月又飙升11%为2021年3月以来最大单月涨幅 [6] - 与环球合作的零售商有望通过“Wicked”商品销售得到提振,在未来几个月脱颖而出 [6] - 商品为限时合作,库存售罄后可能不再补货,或促使消费者购买 [7] 关于电影票房与相关零售的关系 - 影院提供主题爆米花桶、特色饮品等商品,或有助于提升“Wicked”票房 [8]
Comcast's Earnings Shockers: Ignore The Hype, There Was More Important News
Seeking Alpha· 2024-11-08 23:21
Any of my regular readers know that I like to find aspects of a company that my fellow Seeking Alpha authors haven't covered, to avoid making readers sit through repeats of past articles. My Comcast Corporation (Max Greve is a graduate of Northwestern University with a quadruple major in History, Economics, Political Science, and International Studies. Max is a full-time writer and in addition to stock market trends also writes articles on government, current events, macroeconomic trends, and last but not l ...