Comcast Corp

Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations with its first quarter earnings report Thursday, despite the cable and media giant’s residential broadband business’s slowing growth and mounting Peacock losses. Shares of the company rose more than 2% in premarket trading. The stock is up more than 4% so far this year through Wednesday’s close. Here’s how Comcast performed, […]
Read More
NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs
(L-R) Michael Cavanagh, then-chief financial officer of Comcast, talks with Brian Roberts, chief executive officer of Comcast, as they arrive for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images As the shock wears off on the sudden departure of NBCUniversal Chief Executive Officer […]
Read More
NBCUniversal CEO Jeff Shell is out after admitting inappropriate relationship with woman
Jeff Shell, CEO of NBCUniversal, walks to lunch at the Allen & Company Sun Valley Conference on July 07, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images NBCUniversal CEO Jeff Shell on Sunday left his role immediately after he admitted an “inappropriate relationship” with a woman in the comany, parent company Comcast announced. […]
Read More
In renaming ‘HBO Max,’ Warner Bros. Discovery hedges its bets in streaming
JB Perrette, President and CEO of Warner Bros. Discovery Global Streaming and Games, speaks onstage during a Warner Bros. Discovery Streaming Press Event on April 12, 2023 in Burbank, California. Jeff Kravitz | Getty Images Humble as he may be, Warner Bros. Discovery CEO David Zaslav proved this week he’s definitely a name dropper. Warner […]
Read More
Marketplace veteran suggests we may possibly be ‘a long way from a new bull market’ and shares what to obtain and keep away from
The inventory industry finished the 1st quarter on a robust take note. The tech-large Nasdaq 100 was the standout performer soon after rallying additional than 20% from its December lows. That places the index in a specialized bull market place — widely outlined as a get of at least 20% from a 52-week very low. […]
Read More
‘The Super Mario Bros. Movie’ is set for a big opening weekend — despite bad reviews
Chris Pratt and Charlie Day voice Mario and Luigi in Universal and Illumination’s “The Super Mario Bros. Movie.” Universal “The Super Mario Bros. Movie” isn’t looking like a smash with the critics. The Nintendo-based film, by Universal and Illumination, has been lauded for its stunning visuals, but has failed to charm reviewers. As of Wednesday […]
Read More
More movies, more variety, more money: The box office is catching up to pre-Covid levels
Zoran Zeremski | Istock | Getty Images For nearly three years, the domestic box office has been chasing the highs of the pre-pandemic era, hoping that blockbuster franchise films would fill seats and sell popcorn. While superheroes, fighter pilots and blue aliens have lured moviegoers back to cinemas, it’s the recent steady stream of mid-budgeted […]
Read More