Company
Comcast Corporation
NASDAQ:CMCSA
Comcast Corporation is a global media and technology company. The company provides broadband, wireless and video through Xfinity, Comcast Business and Sky; produce, distribute, and stream entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock and Sky; and brings theme parks and attractions to life through Universal Destinations and Experiences. Comcast Corp operates through two primary businesses, namely Connectivity & Platforms and Content & Experiences
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Sky calls for impact assessment on government media regulation
"We face a unique opportunity for the UK to be a global powerhouse of creative production"
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Nasdaq rockets ahead at the close and all three major indices finish in the green
Wall Street rallied on Thursday afternoon as investors digested the release of gross domestic product data and another round of corporate earnings
Sky's value written down by a quarter as cost of living squeeze grips Europe
The strength of the dollar also affected the pay-TV broadcaster's numbers on translation
Comcast-owned NBCUniversal's CEO says simultaneous film releases is working well
Previously, studios made movies available just on the big screen before unveiling them to viewers on streaming services, which changed when lockdowns hit the world
Peacock and ROKU post underwhelming results in what some are calling a streaming recession
Reduced discretionary spending puts a stranglehold on subscription numbers
"Never say never" on ads says Netflix executive
CFO Spencer Neumann said ads weren't in its plans right now as other streaming platforms take leap to tier-based model
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FIVE at FIVE: Shell regains top spot, Apple most valuable company ever, Covid and chill lockdown winners, and Next gives shareholders late Christmas present
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you direct to the news
Archive
US stocks rebound on GDP spike after massive sell-off
Data for the 3Q showed the US economy grew 33.1%, above expectations of 32% and reversing a 31.4% plunge in the second quarter
Netflix subscriber miss could place ITV in the takeover crosshairs
Analysts at Liberum said that the FTSE 100 broadcaster would be an "obvious" acquisition option for the streaming giant due to its substantial content production arm, ITV Studios
Rival streaming services could cost Netflix 65% of its viewing hours, says Wedbush
The launch of rival streaming services by the likes of Disney and NBCUniversal was expected to result in a slow bleed of content away from Netflix's service
Investments and investor services
AMC stock soars on record-breaking Avengers: Endgame ticket pre-sales
AMC sold more tickets for Endgame on day one than Avengers: Infinity War, Black Panther, Captain Marvel and Star Wars: The Last Jedi combined