Comcast stock falls 11% after company underwhelms in broadband, Peacock subscribers
Wall Street will be paying attention to Comcast's broadband, streaming and theme park businesses, as well as progress of the spinout of its cable TV networks.
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
Peacock Narrows Q4 Loss to $372 Million, 'Wicked' Boosts Comcast's Studios Profit by 85%
Comcast’s Q4 Profit Boosted by ‘Wicked,’ Peacock
Comcast stock sinks as Peacock fails to add more subscribers, broadband losses disappoint
Peacock Lost $372 Million in the Final Quarter of 2024
Peacock lost $372 million over the final three months of 2024, when it added…zero subscribers. The good news is it didn’t lose members either: Peacock’s 36 million subscribers at the end of the year stayed stagnant with the prior quarter’s results. The platform’s Q4 revenue was $1.3 billion.
Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’
Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on Thursday's Q4 earnings call.
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Comcast cord cuts take shine off studios
Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year re
‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M
Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.
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Peacock Helps Lift NBCU Ad Business, Streamer Narrows Its Loss To $372M
NBCU's ad revenue posted a 0.4% hike to $2.65 billion. Madison & Wall media analyst Brian Wieser believes Peacock accounted for 25% of the company's national ad revenue.
Comcast Q4 Earnings Beat Estimates: Peacock Subscribers Surge 29%, Dividend Raised, $15 Billion Buyback Approved
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.
Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%
The media conglomerate beat Wall Street expectations, despite shedding 139,000 domestic broadband customers The post Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85% appeared first on TheWrap.
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Cable Losses, Peacock Headwinds Ruffle Comcast's Feathers
Olympics bump looks to have been short-lived as NBCUniversal's streaming platform closed out the year without having added to its Paris haul. Per Comcast's fourth-quarter and full-year earnings results,
Peacock subs haven’t budged.
The streaming service’s subscriber count stayed at 36 million — the same as last quarter, according to Comcast’s earnings report released today. Peacock has only added around 5 million subscribers since January of last year,