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Comcast posts mixed Q1 results, eyes growth in streaming and wireless 24 APR 2025

Markets

Comcast posts mixed Q1 results, eyes growth in streaming and wireless

The company posted revenues of $29.89 billion, a slight decline of 0.6% compared to the same period last year. Despite this, Comcast surpassed analyst expectations with a 4.5% increase in adjusted earnings per share, reaching $1.09.
NBCUniverasl to shut down Universal Kids channel in March 14 JAN 2025

Kids & Animation

NBCUniverasl to shut down Universal Kids channel in March

Formerly called Sprout, the network launched in 2005 as a preschool-focused joint venture between PBS KIDS, Comcast, and Sesame Workshop.
​​Val Boreland to become President of Entertainment at Comcast’s future “SpinCo” 10 JAN 2025

Corporate Moves

​​Val Boreland to become President of Entertainment at Comcast’s future “SpinCo”

Future CEO Mark Lazarus announced key appointments for the company that is set to launch during 2025.
How important are NBC and Bravo for Comcast's strategy? 22 NOV 2024

Trends

How important are NBC and Bravo for Comcast's strategy?

A study by Parrot Analytics showed that both networks have a strong audience demand, reinforcing their crucial role in Comcast's entertainment strategy.
 Comcast considers separating its pay-tv division 4 NOV 2024

Corporate Moves

Comcast considers separating its pay-tv division

Mike Cavanagh, the company’s president, said on an earnings call that Comcast might transfer the cable networks owned by its NBCUniversal division—including Syfy, Bravo, and USA Network—into a new company.