Comcast Corp (CMCSA)
Why Wall Street is skeptical about Comcast's proposal to ditch its cable networks and pair Peacock with a competitor
Comcast's Mike Cavanagh said the company will explore ditching its cable networks. The company may also look to partner Peacock with a rival streaming service.
Comcast Q3 Earnings: The Long Awaited Catalyst?
Connectivity and media giant Comcast Corp. released its third quarter 2024 results today, beating both adjusted earnings per share and revenue estimates. The market reacted positively to what, I believe, were solid results, although I suspect the business separation hinted at by management played a role in today's trading in CMCSA stock. In this update, I'll share my thoughts on Comcast's Q3 2024 earnings, focusing specifically on the bread-and-butter segment.
Comcast's potential cable networks separation will test the appetite for media reconfiguration
Comcast said it is considering separating or spinning off NBCUniversal's cable networks. If Comcast moves forward with the idea, it could kick off a broader media reconfiguration of cable assets.
Comcast hints at possible spinoff of cable networks
Comcast has said it's toying with the idea of separating its cable network business. Transcript: Conway Gittens: Thursday was the worst day for tech stocks since September.
Comcast Shares Rise on Q3 Earnings Beat, Revenues Increase Y/Y
CMCSA's third-quarter 2024 earnings reflect continued strength in domestic wireless subscribers and Peacock.
Comcast Considers a Cable TV Spinoff. How That Could Boost the Stock.
The cable business has come under pressure as more people rely on streaming for video content.
MSNBC parent Comcast weighs spin-off of declining cable networks
NBC-parent Comcast is exploring spinning of its struggling cable networks business, including left-leaning MSNBC, President Mike Cavanagh said Thursday.
Comcast Considers Spin-Out of Cable Networks Such as MSNBC, CNBC, Bravo
The cable and entertainment company posted a jump in quarterly revenue, boosted by its media businesses.
Comcast Mulls Spinning Off Cable TV Business
Comcast (CMCSA) on Thursday said in its third-quarter earnings call that it is considering spinning off its cable network portfolio into a separate company.
Why a possible spinoff of Comcast's cable networks is drawing cheers
Analysts think Comcast's sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.
Comcast Corporation (CMCSA) Q3 2024 Earnings Call Transcript
Comcast Corporation (NASDAQ:CMCSA ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 PM ET Company Participants Marci Ryvicker - Executive Vice President, Investor Relations Mike Cavanagh - President Jason Armstrong - Chief Financial Officer Dave Watson - President & Chief Executive Officer, Comcast Cable Brian Roberts - Chairman & Chief Executive Officer Conference Call Participants Ben Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson Michael Ng - Goldman Sachs John Hodulik - UBS Jessica Reif Ehrlich - Bank of America Securities Jonathan Chaplin - New Street Steven Cahall - Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to Comcast Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.
Comcast says it's thinking of getting out of the cable TV business
Cable TV networks look like they're in permanent decline. So Comcast, which owns a bunch of them, is proposing splitting them into a separate company.
