Business
ITV Boss ‘Hopeful’ Sky Acquisition Will Clear Regulators: ‘The Market Has Changed So Fundamentally’
Following news on Monday morning that NBCUniversal-owned Sky is acquiring 70-year-old British public service broadcaster ITV, ITV CEO…
Tag
Comcast
Business
Comcast Extends Michael Cavanagh’s Contract Through 2029, Grants Exec Stock Worth $35 Million
Michael Cavanagh, as he’s set to assume the role of Comcast‘s co-CEO on Jan. 2, extended his employment contract with the cable and media…
Business
Warner Bros. Discovery Asks for Higher Second-Round Acquisition Bids Due Dec. 1: Report
Some media M&A teams may be working through the Thanksgiving weekend: Warner Bros. Discovery — which is fielding acquisition overtures…
Culture
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery: source
The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio Warner Bros Discovery has…
Culture
Warner Bros. Discovery Bids Are Due This Week. How Do Paramount, Netflix, Comcast Stack Up?
The For Sale sign is fully lit on Warner Bros. Discovery, and three legitimate bidders are putting together offers: David Ellison’s…
Business
ITV in Talks to Sell Networks Arm to Comcast-Owned Sky for $2.1 Billion
U.K. broadcaster ITV has confirmed it has received a £1.6 billion ($2.1 billion) bid from Comcast’s European pay-TV platform Sky for it…
Business
Comcast Taps Bankers to Explore Bid for Warner Bros. Discovery Assets
Comcast has taken a step closer to making an offer for parts of Warner Bros. Discovery — but not WBD in its entirety — with the retention…
Business
Hulu Sale Boosts Comcast Q2 Despite Cord Cutting, Ad Sales Downturn
Comcast said its second quarter profit was boosted by the sale of its remaining stake in the Hulu streaming service to Disney and…
News
FCC Chairman Brendan Carr Probes Comcast Relations With NBC Stations
FCC Chairman Brendan Carr informed Comcast on Tuesday that he has launched an investigation into the company’s relations with its NBC…
Business
Comcast, CAA Invest in ‘Ethical’ AI Video Start-Up Moonvalley as Part of $84 Million Funding Round
Moonvalley, an AI research company that says it is developing “ethical” foundational AI video models trained exclusively on licensed…
Business
Comcast Sees Q1 Profit Dip On Cable, Ad Revenue
Comcast said first-quarter net income fell 12.5% as revenue from its bedrock cable business dipped and ad revenue from its NBCUniversal…
News
FCC Chairman Brendan Carr Takes Aim at Comcast Over Coverage of Kilmar Abrego Garcia
FCC Chairman Brendan Carr took aim at CNN and MSNBC, deeming their coverage of Kilmar Abrego Garcia’s deportation “news distortion.” On…
Lifestyle
Universal Unveils Plans for U.K. Theme Park and Resort
Comcast NBCUniversal has unveiled plans to build its first-ever theme park and resort in the United Kingdom. The project, set to open in…
Celebrity
Yum Brands Co-Founder David Novak Named Chairman of Comcast’s SpinCo
David Novak, co-founder of the fast-food giant behind KFC, Pizza Hut and Taco Bell, was named chairman of the company that will be formed…
Celebrity
Stephen Curry’s Unanimous Media Teams Up With Comcast on Underdog Cheer Team Docuseries ‘Spirit’ (EXCLUSIVE)
Stephen Curry is officially teaming up with Comcast to tell the true story of the underdog cheer team that made history, Variety has…