Comcast Corp
Comcast’s cable spinoff to be named Versant, picked to emphasize corporate versatility
Comcast’s spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new company chose Versant (pronounced like the root of the word “conversant”) to emphasize its versatility and its familiarity with multiple subjects, according to Chief […]
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Comcast’s Xfinity Mobile takes over naming rights of Philadelphia arena
Igor Golovniov | Lightrocket | Getty Images The Philadelphia home of the NBA’s 76ers and NHL’s Flyers is getting a new name. Beginning in September the sports and entertainment venue in South Philadelphia will be named the Xfinity Mobile Arena, rebranding from the current Wells Fargo Center. The new name will remain through the 2030-2031 […]
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Hollywood studio stocks briefly fall after Trump proposes foreign film tariff
The famed Hollywood sign is viewed on September 25, 2023 in Los Angeles, California. Mario Tama | Getty Images Investors in Hollywood’s top studios and streaming services were trying to make sense Monday of President Donald Trump’s proposed 100% tariff on movies made overseas. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery briefly fell […]
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MLS signs a deal with EA to stream four soccer matches on mobile gaming platform
Javier Hernandez, #14 of the Los Angeles Galaxy. takes a shot on goal during a game between New York Red Bulls and Los Angeles Galaxy at Dignity Health Sports Park on in Carson, California, on April 25, 2021. Michael Janosz | Getty Images Major League Soccer games are kicking off on Electronic Arts‘ mobile gaming […]
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Disney and Marvel’s ‘Thunderbolts*’ snares $76 million domestic opening
Florence Pugh, Sebastian Stan, David Harbour, Wyatt Russell and Hannah John-Kamen star in Disney and Marvel’s “Thunderbolts*” Disney A group of unconventional antiheroes has jumpstarted the summer box office. Disney and Marvel’s “Thunderbolts*” tallied an estimated $76 million during its domestic opening weekend, the third highest debut of 2025. Including international ticket sales, the latest […]
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Corporate sponsors are backing away from LGBTQ+ Pride organizations
Revelers attend the annual LGBTQ+ Capital Pride parade in Washington D.C., U.S., June 8, 2024. Leah Millis | Reuters Companies that were once loud and proud in supporting LGBTQ+ community celebrations are pulling back. LGBTQ+ Pride festivals across the country have faced significant sponsorship challenges this year, with some losing corporate partners that collectively provided […]
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Stocks making the biggest moves midday: PepsiCo, Texas Instruments, ServiceNow, IBM and more
Check out the companies making headlines in midday trading: Hasbro — The toymaker soared 16.3% after the company’s first-quarter report beat expectations. Hasbro earned $1.04 per share, excluding items, on $887.1 million in revenue. Analysts polled by FactSet forecast 67 cents in earnings per share and $771.1 million in revenue. Hasbro added it is not […]
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Stocks making the biggest moves premarket: Texas Instruments, IBM, Southwest, ServiceNow, Hasbro & more
Check out the companies making headlines in premarket trading. Comcast — Shares dropped more than 3% after seeing a decline in customers for the first quarter . On Thursday, the cable giant reported a loss of 199,000 total domestic broadband customers as well as a loss of 427,000 in cable TV customers. The company did […]
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Comcast beats first-quarter earnings estimates despite losing broadband customers
Customers enter an Xfinity Store by Comcast on February 24, 2025 in San Francisco, California. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images Comcast surpassed first-quarter expectations on Thursday even as the company lost broadband customers amid heightened competition. While domestic broadband revenue was up 1.7% to $6.56 billion, Comcast lost 199,000 total […]
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Why cable companies like Comcast and Charter are leaning into mobile service
10’000 Hours | Digitalvision | Getty Images Cable companies are increasingly calling on mobile for their next big opportunity. The cable industry’s foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than a decade after cable giants like Comcast and Charter Communications jumped into the mobile business, the […]
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