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Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses

The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.

Reuters · 1d

Comcast's steep broadband subscriber losses take shine off strong studio performance

Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.

Investopedia on MSN · 1d

Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles

Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.

Hosted on MSN · 23h

Comcast sheds broadband, cable TV subscribers in Q4

Comcast continued to experience subscriber declines in its land-based broadband Internet and cable TV services during the fourth quarter. This article, Comcast sheds broadband, cable TV subscribers in Q4,

19hon MSN

Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details

Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.

1don MSN

Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’

Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on ...

Golf Channel preparing for its future ahead of pending spinoff from NBCUniversal

Comcast's spinoff plans for its NBCUniversal cable TV networks include another channel that occasionally carries golf broadcasts, USA. Others to be separated are MSNBC, CNBC, Oxygen, E! and Syfy.

NBCUniversal Unscripted Boss Corie Henson to Exit in Restructuring

Since 2022, the executive has overseen hits like "America’s Got Talent," "The Voice," "The Traitors" and "Love Island" ...

8don MSN

Comcast Ups Steve Croney To Chief Operating Officer Of Connectivity & Platforms, Its Largest Division

NBCUniversal parent Comcast promoted Steve Croney to a newly created role as chief operating officer of its U.S. Connectivity ...

1don MSN

Comcast reports earnings before the bell — here's what to expect

Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the ...

Hosted on MSN1h

B of A Securities Downgrades Comcast (CMCSA)

Fintel reports that on January 31, 2025, B of A Securities downgraded their outlook for Comcast (NasdaqGS:CMCSA) from Buy to ...

Comcast’s Growth Prospects Hampered by Broadband Challenges and Rising Competition, Says Analyst with Neutral Rating

J.P. Morgan analyst Sebastiano Petti has maintained their neutral stance on CMCSA stock, giving a Hold rating today.Invest with Confidence: ...

20h

‘Wicked’ Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M

Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.

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