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That's why Comcast is ditching almost all its cable networks into a new stand-alone company. ... Peacock streaming service, Universal film and TV studio, and Universal theme-parks business. And Bravo.
Streaming service Peacock will remain with Comcast, as will Bravo, which provides significant content for the Peacock streaming service, and other assets like the NBCUniversal's studios and theme ...
Comcast expects the spin-off to close in about one year (i.e. before the end of 2025), contingent on obtaining final approval from Comcast’s board of directors as well as “satisfactory ...
Xumo, LLC (/ ˈ z uː m oʊ / ZOO-moh) is an American internet television and consumer electronics company. It is a joint venture of Charter Communications and Comcast that operates the free ad-supported streaming television (FAST) and advertising video on demand (AVOD) service Xumo Play, and develops digital media players and smart TVs.
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan.
Peacock Premium is included in some services from television service providers, such as Cox, which ended January 15, 2023, and Xfinity. Subscribers to Peacock Premium, whether subscribing directly or receiving service through a provider, can upgrade to the ad-free Premium Plus tier for an additional monthly cost. [12]
As Cavanagh indicated on Comcast’s Oct. 31 earnings call, offloading the cable nets is designed to boost the core company’s overall growth profile (and, by extension, its market valuation).
Comcast is moving forward with the decision as millions of customers exit the traditional pay TV bundle in favor of streaming. The company has been beefing up Peacock in recent years.