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The Latest Breaking News from Comcast

Percentage of U.S. Homes With Gigabit-Speed Broadband More Than Doubles in 1 Year to 32%, OpenVault Says

The leap comes as top ISPs Comcast and Charter embark on big ‘10G’ network upgrades

Broadcasting & Cable

Viewers, Ad Buyers Diving Into FAST, Comcast-Xumo Study Finds

84% of buyers expect to increase FAST spending in 2024

Multichannel News

Bankrupt Diamond Reaches Deal to Keep NBA Teams on Bally Sports Through This Season (But Beyond That? Who Knows?)

RSN and DTC rights revert back to the league after the 2023-24 NBA season; similar NHL agreement is 'pending,' Diamond says

Broadcasting & Cable

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Is 'Yellowstone' Now a Bigger Franchise For Paramount Than 'Star Trek'?

In our latest 'Next Text,' we ponder the value of the California-loathing uber-producer Taylor Sheridan in the era of Bob Bakish's 'hard bundle'

Broadcasting & Cable

Disney Acquires Full Ownership Of Hulu In $8.61 Billion Deal

Disney aims to boost its streaming plans with complete ownership of Hulu.

Zenger

Why streaming video prices from Netflix, Apple, and Disney, keep increasing

Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

Fortune

Disney to Buy Comcast's Stake in Hulu for $8.61B

The deal is expected to close this year

TV Tech

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Disney buys Comcast's stake in streaming service Hulu—but the $8.6 billion price tag is just the beginning and could end up being much more

The final bill for the 33% stake in Hulu, Disney's only profitable streaming service, depends on a thorough appraisal of its growth since the May 2019 deal was signed.

Fortune

Disney to acquire the remainder of Hulu from Comcast for roughly $8.6 billion

Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney full control of the streaming service

The Independent UK

It's Official, Disney's Buying All Of Hulu, And I Wonder What The News Means For My Favorite Streaming Service

The Walt Disney Company is spending billions on the popular streaming service following new deal with NBCUniversal.

Cinemablend

Disney Set To Buy Comcast’s Hulu Stake for ‘Floor Price’ of $8.61 Billion

Price may rise as value of streaming service is assessed

Multichannel News

Disney to buy remaining stake in Hulu as Peltz returns to push for board seats

Disney will buy the 33% stake in Hulu that it doesn't already own from Comcast.

The Street

Universal Studios quietly makes a pricing move visitors will hate

The move follows a change Walt Disney made last year at its Florida Disney World theme parks.

The Street

Cox’s Dosty Hedges Takes Home the Gold in SCTE Cable-Tec Games

28 cable-system techs showcased their skills in yearly competition held at Cable-Tec Expo

Multichannel News

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The Street

Comcast fights to keep 'Xfinity 10G' name

The National Advertising Division of BBB National is pushing for Comcast to revise its network claims.

The Street

Charter and Comcast's new product comes with a sneaky fee

The two cable and internet giants are working together which should make subscribers excited but also vigilant.

Barchart

Is Now the Time to Jump in and Buy Media Stocks?

Now that the Hollywood strike is over, we examine 3 stocks that could soar.

The Street

The Utah Jazz launch Jazz+, a DTC streaming option

The revolution is underway in Salt Lake City, Utah.

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Salon

Trump vows revenge on NBC

The former president took aim at the "LameStream Media" over perceived corruption and negative coverage

The Guardian - US

‘Full fascist’ Trump condemned after ‘treason’ rant against NBC and MSNBC

Former president vows to investigate TV networks for ‘country-threatening treason’ should he win US election next year

The Independent UK

Trump vows to investigate NBC parent company for ‘treason’

‘The Fake News Media should pay a big price for what they have done to our once great Country!’ Trump says

Investors Business Daily

Writers' Strike Finally Nears Conclusion With New Deal. Streaming, Studio Stocks Slide.

The end of the monthslong writers' strike is close after the WGA reached a deal with studio execs. TV, streaming stocks rose.

Zenger

Comcast Supports Digital Equity In Chicago With $250,000 Donation To Public Library

Comcast donates $250,000 to Chicago Public Library Foundation for digital navigators at 26 branches

Investors Business Daily

Hollywood Studios, Writers Reportedly Near Deal To End Strike

Hollywood studios are near a deal to end the writers strike, CNBC reported Wednesday night. That would be good news for Netflix, Disney and others. But actors are on the picket line too.

Fortune

Disney's $60 billion parks spending plan signals it can afford Hulu

The gonzo 10-year investment comes with a message: the Mouse House has enough financial firepower to afford Hulu.

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