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Disney and Comcast agree on Hulu's future governance and ownership

2019-05-14 15:30:50| Digital TV News

Disney (NYSE: DIS) and Comcast (NASDAQ: CMCSA) have announced that Disney will assume full operational control of Hulu, effective immediately, in return for Disney and Comcast entering into a 'put/call' agreement regarding NBCUniversals 33% ownership interest in Hulu.

Tags: future agree ownership disney

 

Comcast posts double-digit growth in Q1 after Sky takeover, cable growth

2019-04-25 14:10:00| Telecompaper Headlines

(Telecompaper) Comcast reported double-digit growth in first-quarter results, driven by its takeover of European pay-TV provider Sky. Revenues were up 17.9 percent to USD 26.86 billion, and adjusted EBITDA increased 18.1 percent to USD 8.55 billion. Net earnings increased 16.7 percent to USD 0.77 per share, and free cash flow reached USD 4.6 billion, up from USD 3.1 billion a year earlier.

Tags: posts growth cable sky

 
 

Comcast cable video subscribers down 121,000 in 1Q 2019

2019-04-25 13:30:14| Digital TV News

Comcast (NASDAQ: CMCSA) has reported results for the quarter ended March 31, 2019. In the quarter, total cable video customer net losses were 121,000. At Sky, customer relationships increased by 112,000.

Tags: video cable subscribers comcast

 

Last week in media: Disney absorbs Fox, Google launches Stadia and receives EU fine, Comcast unveils AVOD service

2019-03-25 07:00:00| Telecompaper Headlines

(Telecompaper) Walt Disney closed its takeover of 21st Century Fox assets and the latter continued as Fox Corp. Alphabet's Google unveiled its streaming videogames platform Stadia and Comcast unveiled a new AVOD annex video aggregation service, Flex. Alphabet was further confronted with a number three fine from the EU, now EUR 1.49 billion over unfair competition with the Google AdSense platform. The Telecompaper Stock Index Global Consumer Media ended week 12 with a loss of 1.6 percent. The Dow Jones Industrials index lost 1.3 percent.

Tags: service media week google

 

Comcast unveils Infinity Flex streaming TV platform for internet-only subscribers

2019-03-22 08:58:00| Telecompaper Headlines

(Telecompaper) US cable operator Comcast has introduced Xfinity Flex, a new streaming service aimed at its internet-only customers. The service, to launch next week for USD 5 per month, brings together a number of subscription streaming services, free content, and voice control to manage all connected devices in the home, all from one platform. Specifically, Xfinity Flex will come with an internet-connected, 4K HDR streaming TV device, Comcast's voice remote, an integrated guide for accessing popular streaming video and music apps, and Comcast's home Wi-Fi, mobile, security, and automation services. 

Tags: platform subscribers streaming flex

 

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