Browsing Tag
Comcast Corporation
15 posts
Comcast (NASDAQ: CMCSA) job cuts deepen as $1bn-plus restructuring targets connectivity costs
Comcast is eliminating 634 positions at its Philadelphia headquarters as part of a wider organisational redesign that has already triggered hundreds of additional cuts across other US states. Yet the company also plans more than 1,100 new roles, exposing a deeper shift in skills, hierarchy and technology rather than a simple retreat in headcount.
Comcast loses 144,000 broadband customers as Peacock posts $261m profit
Comcast reported a 6.1% decline in quarterly revenue and weaker free cash flow as domestic broadband customers fell. Peacock delivered its second consecutive profitable quarter, while wireless subscriber growth provided a possible route to stabilising customer relationships.
ITV plc (LSE: ITV) slips as buyback starts and Q3 ad slowdown looms
ITV has begun its ÂŁ100m buyback, but weaker Q3 ads and the Sky review keep its ÂŁ950m shareholder return dependent on execution.
NBCUniversal’s new CFO inherits a media empire, a streaming gamble and one of Comcast’s biggest break-ups
Christopher Halpin will lead NBCUniversal’s finance and strategy operations as the owner of Peacock, Universal Studios and Sky prepares to become an independent public company.
Sky’s £1.6bn ITV deal puts jobs at risk as £200m cost-cutting plan begins
Sky’s proposed acquisition of ITV’s broadcasting and streaming operations could eliminate overlapping roles as the companies pursue £200 million in annual savings.
ITG lands a $312m IPO, but the $16 price reveals what investors would not pay
ITG priced its Nasdaq initial public offering below the proposed range, raising $312.2 million as investors weighed broadband growth against debt, weaker margins and customer concentration.
Comcast’s Universal UK resort puts Bedfordshire at the centre of Britain’s tourism investment push
Britain gets a ÂŁ5bn Universal bet, but the real test is infrastructure. Bedfordshire now sits at the centre of UK tourism growth.
Why Sky is stepping back from Sky News Arabia but not walking away from the brand
Sky exits Sky News Arabia control as IMI takes over the UAE-based channel. Find out why the media ownership shift matters now.
Comcast expands Xfinity retail footprint in Indiana with South Bend store opening
Discover why Comcast Corporation’s new Xfinity Store in South Bend signals a broader shift in regional broadband and wireless strategy. Read more.
Universal Studios enters Saudi Arabia: Could this be Comcast’s biggest international bet yet?
Universal Studios may build a theme park in Saudi Arabia. Find out what this means for Comcast, Saudi Vision 2030, and global entertainment strategy.