
Comcast Surpasses Q4 2022 Expectations amid Broadband Growth Slowdown
American multinational telecoms conglomerate Comcast had a commendable Q4 2022 outing despite stacked losses from its Peacock platform.
American multinational telecoms conglomerate Comcast had a commendable Q4 2022 outing despite stacked losses from its Peacock platform.
The report of the proposed deal Comcast is considering has been flagged down as pure speculation by the firm’s spokesperson.
Comcast (CMCSA) stock has increased 1.6% on the news about the launch of the Peacock streaming service from NBCUniversal that is promising over 13,000 hours of content.
Netflix (NFLX) stock price was down yesterday but today in the pre-market it is slightly up. Netflix is going to cancel the subscriptions of the accounts that were inactive for a year.
NBCUniversal says that it plans to make the best use of the quarantine period by launching its Peacock streaming service. As a result, NBCUniversal is now gearing up to prepare the launch and tap more customers at the right time.
Last weekend Disney’s Frozen 2 made $124 million in the United States and $249 million worldwide with combined global sales of $738 million.
Apple TV Plus launched on Friday for $4.99 per month with only four original shows and no library of licensed content.
According to the recent news, the HBO Max streaming service is expected to debut in 2020 at a price tag of $14.99 per month.
NBCUniversal is also entering the streaming space with its service ‘Peacock’. This shift indicates that the streaming space is the next big thing. Will older companies such as NBCUniversal be able to beat upstarts like Netflix at their own game?