|Bid||0.00 x 1300|
|Ask||0.00 x 1400|
|Day's Range||40.12 - 40.82|
|52 Week Range||31.71 - 47.74|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||16.18|
|Earnings Date||Jul. 23, 2020 - Jul. 27, 2020|
|Forward Dividend & Yield||0.92 (2.29%)|
|Ex-Dividend Date||Jun. 30, 2020|
|1y Target Est||44.71|
Comcast Business At Home – a dedicated, enterprise-grade and business-paid set of connectivity solutions for business owners with remote employees.
Comcast Corporation announced today that Jason S. Armstrong will return to its corporate headquarters as Executive Vice President and Treasurer, effective July 1, 2020. Since the beginning of the year, Mr. Armstrong has served as Chief Financial Officer of Sky. He and his family’s full relocation to Sky’s headquarters in the United Kingdom was unexpectedly complicated by the onset of the COVID-19 global pandemic. With current Comcast Treasurer Bill Dordelman’s decision to retire after almost three decades at the company, Mr. Armstrong will now remain in Philadelphia and succeed Mr. Dordelman as Treasurer. Sky today also named Simon Robson, who has been at the company for 23 years most recently as Deputy Chief Financial Officer, to succeed Mr. Armstrong as Chief Financial Officer.
Cord-cutting is expected to accelerate through 2021, but some say the financial consequences for U.S. cable providers will be limited.
HBO Max made its official entrance into the streaming wars on Wednesday — and its day-one performance highlights how consumers are embracing the new platform.
Comcast (CMCSA) closed the most recent trading day at $39.60, moving +0.13% from the previous trading session.
Yahoo Finance's Alexandra Canal breaks down the latest outlook for cable providers as more Americans cut the cord and opt for streaming platforms.
Yahoo Finance's Alexandra Canal breaks down the latest numbers for HBO Max as the platform officially enters a crowded streaming fight.
Today, Comcast Corporation (NASDAQ: CMCSA), Charter Communications, Inc. (NASDAQ: CHTR) and ViacomCBS (NASDAQ: VIAC; VIACA) announced that they have entered into an agreement to take equal ownership of Blockgraph, an industry initiative and software platform designed to create a more secure way to use aggregated and anonymized data and share information. This joint venture is focused on ushering in a new way of using audience data for advanced TV and premium video advertising. Using Blockgraph technology, media companies can help marketers form insights across their collective platforms without relying exclusively on third parties.
Professional golf is set to return on June 11 this year. While the sport will look different, sports fans will be likely be delighted to see live sports once more. How will the PGA ensure player safety? League officials will test players and all other tournament attendees daily.
Yahoo Finance's Alexis Christoforous and Brian Sozzi discuss the launch of HBO Max with Ark Invest analyst Nick Grous.
Walt Disney (NYSE: DIS) will be presenting plans to reopen Disney World before the county's economic recovery task force on Wednesday morning. SeaWorld Entertainment (NYSE: SEAS) will also be making its presentation before the committee. Comcast's (NASDAQ: CMCSA) Universal Orlando had its plans approved last week.
AT&T’s WarnerMedia division launches its HBO Max streaming service on Wednesday, taking on Netflix, Disney and Amazon at a time when coronavirus lockdowns have boosted demand for streaming even as rising unemployment has cut disposable incomes. HBO Max launches to a captive audience stuck at home without access to theater, live music, shopping excursions or live or televised sporting events. If HBO Max does not resume production by this fall, the service could start to see a shortage of original content as early as January, according to a source familiar with the company.
Comcast Business today announced that it is partnering with Nerd Street Gamers to provide high-performance connectivity and bandwidth for the esports company’s tournaments and Localhost facilities.
As coronavirus restrictions lift, one expert says 'simply opening the doors will not be enough.'
AT&T (NYSE: T) is set to launch HBO Max next week, and it's lined up a lot of distribution partners. It announced partnerships with a host of pay-TV providers and connected-TV platforms, but there are a three big omissions from its current lineup: Comcast (NASDAQ: CMCSA), Amazon (NASDAQ: AMZN), and Roku (NASDAQ: ROKU). It's not a huge surprise AT&T has been unable to strike deals with the largest pay-TV provider in the country, and pushback from Amazon and Roku was to be expected.
(Bloomberg Opinion) -- Walt Disney Co. and Comcast Corp.’s Universal are going to a lot of trouble to get their U.S. theme parks back open. But when they do, it doesn’t sound like anyone is going to be having much fun. Universal Orlando presented plans for its June 5 reopening to local Florida county officials detailing how the park will try to keep employees and visitors safe from the Covid-19 virus. Its efforts begin right in the parking lot, where the spots will be staggered so that even cars are social distancing from one another (and no valet). From there, anyone entering the park must wear a protective face covering and have their temperature checked by a worker sporting a handheld thermometer. Crowds will be controlled. Even rides will keep every other row clear of passengers.But it’s the wait for the ride that will feel especially strange: The healthy jitters of thinking about the first drop may be replaced by either the unnerving feeling of wearing a mask or the simple annoyance of it. After all, Orlando was 95 degrees Thursday afternoon. (Workers will get more frequent breaks so that they can wash their hands and, if there’s an open area, to take off their mask for a breather. )Universal’s plans — which were approved by the county task force without any pushback — reveal how every portion of the day will be slightly tainted by this new reality. It could make for an almost eerie experience, or at least one very different from the vacation most families probably envisioned when they shelled out $119 a ticket. Some of these measures may not even do much good: As we’ve all learned in recent weeks, not everyone infected with Covid-19 gets a fever, and in fact, many don’t.Eating will be an interesting experience: Universal realizes that you can’t exactly lick a Butterbeer ice cream cone with a mask on, so it’s spacing out tables to allow people to remove their masks while they eat. Good luck to parents getting the masks back on their kids after that and to the workers who must clean those tables. (The menus will at least be disposable.) Meanwhile, other changes aren’t so bad: Universal is encouraging contact-less payments, and there will be lots of hand-sanitizer dispensers. It’s also making use of virtual lines for more of its attractions so that people aren’t physically standing together for long periods, and it’s eliminating single-rider lines so that groups aren’t paired with strangers.In theory, it’s a carefully constructed plan by Universal to make the best of a terrible situation. In practice, it could prove to be a logistical nightmare that’s difficult to enforce. The internet is full of videos of Americans defying mandated face coverings and lashing out at these types of restrictions. John Sprouls, the head of the resort, said so far guests have signaled that they are understanding and accepting of the boundaries. But there’s always one — and in a park of thousands, perhaps more. Sprouls said it would be a “capacity-managed” opening, but didn’t specify how many people would be allowed in. Universal will “stress” its system on June 3 and 4 by opening to select invited guests.It’s unclear how much all these new safety protocols will cost Universal and Disney, which is also working to reopen its Orlando resort after welcoming back guests to its Shanghai park on May 11. The added safety and security expenses combined with intentionally selling fewer tickets will crimp profits for these companies. To what extent remains to be seen. For them, from a financial standpoint, it’s certainly better than having the parks shut down. For visitors, though, a trip that’s supposed to provide a fun escape from reality may instead be a reminder of it. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Universal Orlando wants to reopen to day guests in two weeks. Don't expect Mickey Mouse to be as aggressive.
Comcast Business today announced it has partnered with NBCUniversal Telemundo Enterprises, the leading media company serving Hispanics, to provide a $50,000 grant to the United States Hispanic Chamber of Commerce (USHCC) -- America’s largest Hispanic business organization, representing over 4.37 million Hispanic-owned small and medium sized businesses. The grant will support Hispanic-owned businesses impacted by COVID-19.
A survey shows 70% of people prefer new movie releases as digital in-home rentals, and it's not the only problem for theater operators like AMC.
Universal Orlando will be the first major theme-park operator to present plans to reopen in Florida on Thursday, but Disney World and SeaWorld Orlando should follow soon.