Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on Thursday's Q4 earnings call.
The newly formed Universal Television Entertainment Group will be led by Frances Berwick, Pearlena Igbokwe, Liz Jenkins and Jenny Storms
Since 2022, the executive has overseen hits like "America’s Got Talent," "The Voice," "The Traitors" and "Love Island"
Comcast said fourth quarter profit surged as the company saw good results at its mobile business, at the box office and at its Peacock streaming hub. Meanwhile, the Philadelphia cable-and-entertainment giant said it would recognize a $1.
After weeks of speculation, Donna Langley — who took on the role as chairman of NBCUniversal Entertainment and Studios after a corporate shuffle in November — unveiled her executive structure on Thursday, while Matt Strauss shared his new setup as the recently named chairman of NBCUniversal Media Group.
NBCUniversal parent Comcast promoted Steve Croney to a newly created role as chief operating officer of its U.S. Connectivity & Platforms segment serving over 32 million customers.
Comcast topped Wall Street's fourth-quarter estimates on Thursday as revenue from the company's broadband business gave it a boost despite losing customers.
The Sports & News TV package will include major news channels like CNBC, CNN, FOX News, and MSNBC give subscribers access to live sports events.
Comcast announced on Thursday the launch of Sports & News TV, a new video package for its Xfinity internet customers, as part of its strategy to remain competitive in the streaming era.
Comcast CCZ-N -1.59% surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including Wicked, more than made up for a larger-than-expected decline in broadband customers. The media and telecom giant also unveiled a $15-billion share buyback program.
To celebrate the start of the 2025 season and the launch of the new viewing experience, Xfinity will offer all customers a free preview of MLS Season Pass from February 22 – March 2, accessible on both X1 and the Xfinity Stream app, after which they’ll be able to subscribe to MLS Season Pass through Xfinity.
In addition, Comcast announced that its Board of Directors also approved a new share repurchase program authorization, effective as of January 31, 2025, of $15 billion, which does not have an expiration date.