Comcast Corp

Ad revenue should stabilize for media companies in 2025 — if they have sports
Business

Ad revenue should stabilize for media companies in 2025 — if they have sports

The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the 2024 WNBA Finals on October 20, 2024 at Barclays Center in Brooklyn, New York.  David Sherman | National Basketball Association | Getty Images The advertising market has positive momentum going into 2025 — especially for […]

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13 anonymous media executives make predictions for the new year
Business

13 anonymous media executives make predictions for the new year

Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R). Getty Images Ho, ho, ho! It’s a holiday tradition: Anonymous media executives make their 2025 industry predictions. In honor of the 12 days of Christmas, we give you 12 predictions from some of the most powerful media and entertainment executives in the […]

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Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring
Business

Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring

President and CEO of Warner Bros. Discovery, David Zaslav arrives for the world premiere of “The Flash” at Ovation Hollywood in Hollywood, California, on June 12, 2023. Michael Tran | Afp | Getty Images Warner Bros. Discovery on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move […]

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Stocks making the biggest moves midday: Hershey, Nvidia, Alibaba, Omnicom and more
Finance

Stocks making the biggest moves midday: Hershey, Nvidia, Alibaba, Omnicom and more

Check out the companies making headlines in midday trading: Hershey , Mondelez International — Hershey shares jumped roughly 13% after Bloomberg News reported that Cadbury and Oreo maker Mondelez is again trying to buy the chocolate company. News of the attempted takeover put Hershey shares on pace for their best day since June 2016, when Hershey […]

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Comcast shares tumble as executive calls broadband ‘intensely competitive’
Business

Comcast shares tumble as executive calls broadband ‘intensely competitive’

View from behind of Comcast truck parked on residential street in Lafayette, California, September 28, 2021.  Smith Collection/gado | Archive Photos | Getty Images Comcast Cable CEO Dave Watson told investors on Monday that the company expects to lose more than 100,000 broadband subscribers during the fourth quarter as the market remains “competitively intense.” Comcast […]

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College Football Playoff expansion boosts advertising, viewership at Disney
Business

College Football Playoff expansion boosts advertising, viewership at Disney

Donovan Edwards #7 of the Michigan Wolverines hurdles a tackle attempt by Michael Taaffe #16 of the Texas Longhorns during the first half of a college football game at Michigan Stadium on September 07, 2024 in Ann Arbor, Michigan.  Aaron J. Thornton | Getty Images Sport | Getty Images The expanded College Football Playoff format […]

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‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era
Business

‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era

Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.” Disney The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” is set to hit theaters Wednesday and generate between $120 million and $150 million in […]

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‘Wicked’ soars with 4 million domestic opening, ‘Gladiator’ snares .5 million
World

‘Wicked’ soars with $114 million domestic opening, ‘Gladiator’ snares $55.5 million

Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal’s “Wicked.” Universal The box office was a popular destination this weekend as Universal’s “Wicked” and Paramount’s “Gladiator II” arrived in cinemas. “Wicked” is expected to snare $114 million during its domestic opening, the highest debut of a Broadway adaptation in cinematic history, according […]

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‘Wicked’ tallies  million in previews, as ‘Gladiator II’ team-up heads for 0 million opening weekend
Business

‘Wicked’ tallies $19 million in previews, as ‘Gladiator II’ team-up heads for $200 million opening weekend

Posters for Wicked and Gladiator II Sources: Universal (L), Paramount (R) The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. “‘Wicked’ […]

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Comcast’s cable network spinoff may be a signal to the media industry for necessary change
Business

Comcast’s cable network spinoff may be a signal to the media industry for necessary change

Nikolas Kokovlis | Nurphoto | Getty Images Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal’s cable networks — except Bravo — into a separately publicly traded entity. Investors’ initial shrug at the proposed transaction underscores the uncertainty of the maneuver. The hope for Comcast is […]

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