Comcast has announced a new ultra-low lag tech that is designed to reduce latency and improve connections for Xfinity customers.

The latest entertainment briefs spotlight a Brazilian film on authoritarian history, Netflix's toy expansion with 'Stranger Things', Comcast's financial boost from 'Wicked', and the London premiere of the new 'Bridget Jones' film,

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.

Comcast is unveiling ultra-low lag connectivity when it comes to highly interactive applications like gaming, video conferencing and virtual reality.

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Comcast is making a new play for value-conscious TV fans who wanted a slimmed-down channel lineup — and pay less. The cable giant announced the launch of Sports & News TV, a new video package for Xfinity Internet broadband customers that includes 50-plus live news,

Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.

It's only available for certain customers, however.

Netflix's (decision to raise rates brings its ad-supported standard plan to $7.99 a month. That matches the cheapest plan available from Comcast’s Peacock, but remains a dollar or two below what's offered by other major streaming services.

Streaming service Netflix garnered 16 film nominations (mostly for "Emilia Pérez"), more than any other studio or streamer. But Universal Pictures and its Focus Features sister unit weren't far behind.

Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.

On Jan. 23, 2024, Netflix announced it signed a $5 billion 10-year deal with WWE to make it the new home of the entertainment franchise. The live events would be included in every Netflix subscription, with viewers only needing to log into their accounts. The episodes are available for streaming immediately after they are completed.