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The Latest Breaking News from Comcast

Peacock Hits 30M Paying Subs

Losses will peak this year at $2.8 million according to Comcast president Mike Cavanagh

TV Tech

Comcast Cashes Disney’s $8.61 Billion Check for Hulu

The down payment will help offset the $2.8 billion Comcast president Mike Cavanagh said will be lost on streaming this year

Broadcasting & Cable

Altice’s Optimum Unit Makes Senior Executive Appointments

Michael Parker named president, business services; David Williams to president, consumer services, Leroy Williams appointed chief growth & innovation officer

Multichannel News

From analysis to the latest developments in health,
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Brian Stelter: Evidence Strongly Suggests Trump Tried To Punish AT&T for Owning CNN

The former ’NYT’ and CNN media pundit warns voters to take the ex-president at his word regarding his latest threats against media companies

Broadcasting & Cable

Fixed Wireless Ad Wars Heat Up: Comcast and Charter Told to Take Down or Modify Commercials Following Complaints

The National Advertising Division once again takes cable companies to task for their FWA-targeted TV spots

Multichannel News

Thanksgiving’s Top 5 Unusually Active Options to Help You Celebrate

Thanksgiving Day has arrived. Families and friends will gather to share stories, drink, eat, and be merry. Add a dose of football watching or playing in the backyard, and you have the makings of a beautiful tradition.

Barchart

Ubisoft has 'paused' advertising on Twitter

Numerous major advertisers have suspended advertising on the platform following a report that found their ads appearing next to pro-Nazi content.

PC Gamer

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Experts rip Musk's Media Matters suit

"The lawsuit is here. Thermonuclear it is not," attorney says, teasing that "discovery will be fun"

Salon

As tech giants withdraw ads, X sues US media watchdog over report alleging antisemitism

X chief Elon Musk has sued media watchdog Media Matters for America, days after several companies paused advertising on the social media platform over a report which alleged that a host of their ads were featuring alongside anti-semitic content.

Newslaundry

Musk files defamation suit against Media Matters over Nazi X post claims

Lawsuit accuses media watchdog group of ‘curating’ feed specifically to create embarassing pairings for top brands on X

The Independent UK

Musk says labeling him antisemitic is ‘bogus’ after tweets led to fresh advertiser exodus from X

Musk has previously described himself as "pro free speech but against antisemitism of any kind."

Fortune

X bleeds advertisers post controversy

Disney, Paramount, NBCUniversal, Comcast and Lionsgate are reportedly pulling ads from Musk's platform

Salon

Comcast’s AudienceXpress Integrates Epsilon Data for Audience-Based TV Buys

More transaction data helps create more precise connected-TV segments

Multichannel News

Disney Plus and Hulu are merging their apps for a test run next month

Disney CEO Bob Iger revealed that a beta test of the combined Disney Plus and Hulu app will kick off in December, with a full rollout planned for spring 2024.

Android Central

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The Independent UK

Hollywood's labor stoppage is over, but a painful industry-wide transition isn't

Hollywood’s months of labor unrest are coming to an end, but the post-strike landscape that awaits actors and writers may be far from happy-ever-after

Tom’s Guide

Disney Plus and Hulu merging into one app: Everything you need to know

Disney is launching a single super streaming app that combines Disney Plus and Hulu. Here's everything you need to know about this new streaming app.

Broadcasting & Cable

App Merging Disney Plus and Hulu Set To Beta-Launch for U.S. Bundle Subscribers in December

‘Unified app experience’ comes after Disney agreed to buy out Comcast’s remaining 33% share in Hulu

Broadcasting & Cable

‘Cable Wireless Might Ultimately Dominate the U.S. Wireless Market,’ Analyst Declares

With their respective Verizon MVNO agreements working decisively in their favor, Craig Moffett believes Comcast and Charter could soon ‘arbitrage’ their mobile margins to as high as 85%

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TV Tech

FAST is Growing Fast

Comcast-Xumo report notes strong support among advertisers, viewers

Broadcasting & Cable

Percentage of U.S. Homes With Gigabit-Speed Broadband More Than Doubles in 1 Year to 32%, OpenVault Says

The leap comes as top ISPs Comcast and Charter embark on big ‘10G’ network upgrades

Multichannel News

Viewers, Ad Buyers Diving Into FAST, Comcast-Xumo Study Finds

84% of buyers expect to increase FAST spending in 2024

Broadcasting & Cable

Bankrupt Diamond Reaches Deal to Keep NBA Teams on Bally Sports Through This Season (But Beyond That? Who Knows?)

RSN and DTC rights revert back to the league after the 2023-24 NBA season; similar NHL agreement is 'pending,' Diamond says

Broadcasting & Cable

Is 'Yellowstone' Now a Bigger Franchise For Paramount Than 'Star Trek'?

In our latest 'Next Text,' we ponder the value of the California-loathing uber-producer Taylor Sheridan in the era of Bob Bakish's 'hard bundle'

Zenger

Disney Acquires Full Ownership Of Hulu In $8.61 Billion Deal

Disney aims to boost its streaming plans with complete ownership of Hulu.

Fortune

Why streaming video prices from Netflix, Apple, and Disney, keep increasing

Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

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