CMCSA Jun 2024 60.000 put
- Reuters
Yellen touts broadband investments in trip to rural Virginia
U.S. Treasury Secretary Janet Yellen underscored the importance of investing in rural areas during a visit to Fredericksburg, Virginia on Monday to tour a broadband infrastructure project funded by the $1.9 trillion COVID-era American Rescue Plan. Yellen toured a recently completed Comcast high-speed internet installation site in Stafford County, where nearly 700 homes have secured broadband services as a result of funds from President Joe Biden's ARP legislation and its $10 billion Coronavirus Capital Projects Fund (CPF).
- Reuters
UPDATE 1-Yellen touts broadband investments in trip to rural Virginia
U.S. Treasury Secretary Janet Yellen underscored the importance of investing in rural areas during a visit to Fredericksburg, Virginia on Monday to tour a broadband infrastructure project funded by the $1.9 trillion COVID-era American Rescue Plan. Yellen toured a recently completed Comcast high-speed internet installation site in Stafford County, where nearly 700 homes have secured broadband services as a result of funds from President Joe Biden's ARP legislation and its $10 billion Coronavirus Capital Projects Fund (CPF).
- Reuters
TV upfront presentations clouded by digital video ad supremacy
As television executives prepare lavish stage presentations in New York this week to dazzle advertisers during the annual TV upfront sales season, a harsh economic reality looms offstage -- digital video advertising now eclipses spending on traditional television ads. The shift in spending and competition from tech players like Amazon has taken a toll on media companies' financial results, raising the stakes for the annual showcase of TV content to attract spending commitments from advertisers.
