A study by Parrot Analytics showed that both networks have a strong audience demand, reinforcing their crucial role in Comcast's entertainment strategy.
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.
Rory Gooderick, Senior Analyst, Ampere Analysis, explained why News Corp is considering the sale of its Australian pay TV subsidiary. Potential buyers include Optus, Nine Entertainment, Telstra, and Comcast.
The company reported financial results for Q2 of 2024, where the streaming service delivered the best year-over-year improvement for any quarter since its launch in 2020.