Comcast Corp Stock Price, News & Analysis

Comcast (NASDAQ: CMCSA) has announced the exclusive premiere of 'Our Blues Make Us Gold,' a documentary about North Carolina A&T State University, the nation's largest historically Black university. The film, created by filmmakers Brandon Gerard and Ashley Shanté, explores the university's dual role as a STEM education powerhouse and agricultural institution.

The documentary is available for free through Comcast's Black Experience on Xfinity and Xumo Play, a content destination launched in 2021 focused on Black storytelling. The film features perspectives from alumni and students, showcasing the university's legacy and future impact. The documentary is accessible across Xfinity's entertainment devices, including X1, Flex, and Xumo Stream Box, as well as on the free ad-supported Xumo Play streaming app.

Comcast NBCUniversal has been recognized as the leading telecommunications company and a top-three employer in the Military Times' 'Best for Vets' rankings for the third consecutive year. The company has also been named a Top 10 Military Friendly® Spouse Employer for the first time.

In under a decade, Comcast NBCUniversal has hired over 21,000 veterans, military spouses, and National Guard and reserve service members. The company offers specialized benefits including Military Spouse Transfer Assistance and Military Concierge services. Their Veterans Network (VetNet) employee resource group, with over 7,000 members, provides mentorship, networking, and professional development opportunities.

The company has also earned the 2025 Military Friendly® Supplier Diversity Program Award, Top 10 Military Friendly® Brand Award, and Top 10 Military Friendly® Company Award, demonstrating their comprehensive commitment to supporting military families.

FreeWheel has launched a new Contextual Marketplace that leverages advanced video-level insights to enhance ad targeting within streaming inventory. This initiative, informed by the latest report from the FreeWheel Viewer Experience Lab, aims to improve ad relevance and engagement. Key findings indicate that viewers are twice as engaged and have 2X higher unaided recall when ads are relevant, with a 5.2X increase in brand purchase intent.

The marketplace includes KERV.ai and Proximic by Comscore, enhancing targeting solutions for advertisers and unlocking more value for publishers. The platform allows advertisers to deliver ads in the right context, such as placing an airline commercial within holiday travel content while avoiding news about travel delays. FreeWheel's General Manager, Mark McKee, emphasized the power of contextual signals to drive increased engagement and ad recall.

Comcast (Nasdaq: CMCSA) has announced that Dave Watson, President and CEO of Comcast Cable, will participate in the UBS Global Media and Communications Conference on Monday, December 9, 2024. The event will be streamed live on Comcast's Investor Relations website at 9:45 A.M. Eastern Time, with an on-demand replay available after the presentation. Investors can subscribe to email alerts for Comcast financial news through the company's Investor Relations website.

The iconic costumes worn by Ariana Grande and Cynthia Erivo in Universal Pictures' upcoming film Wicked are currently being exhibited at the Comcast Technology Center in Philadelphia. The costumes represent the characters of Glinda and Elphaba from the highly anticipated cinematic adaptation, which is scheduled to premiere in theaters on November 22, 2024.

Comcast (NASDAQ: CMCSA) announced plans to create a new publicly traded company through a tax-free spin-off of select NBCUniversal cable networks. The new company (SpinCo) will include networks like USA Network, CNBC, MSNBC, and digital assets such as Fandango and Rotten Tomatoes. Mark Lazarus will serve as CEO and Anand Kini as CFO/COO.

SpinCo generated approximately $7 billion in revenue over the last twelve months and will reach about 70 million U.S. households. The transaction is expected to complete in approximately one year, subject to regulatory approvals and other conditions.

Comcast's Xfinity is launching an interactive entertainment destination for Universal Pictures' Wicked movie ahead of its November 22 theatrical release. Available across Xfinity X1, Xumo Stream Box, and Xumo TV, the platform offers fans an immersive experience including an interactive Oz timeline, behind-the-scenes content, music, and themed watchlists. Features include Elphaba and Glinda-inspired customization options, access to the movie soundtrack, trailers, and Stingray Karaoke singalongs. The destination, accessible via voice command, will continue to expand with exclusive cast and crew interviews as the premiere approaches.

NBCUniversal achieved significant recognition at the 34th Annual EMA Awards, securing three awards for environmental messaging in media productions. The company won awards for Twisters (Feature Film), Hacks (Paul Junger Witt Comedy Award), and Top Chef (Reality Series). Additionally, NBCUniversal earned a record-breaking 17 Green Seals and 32 Gold Seals for sustainable production practices.

The company's commitment to sustainability was highlighted through their Sustainable Production Standards, which focused on reducing fuel emissions and materials conservation. Notable achievements include 65% of all NBCU EMA Seal recipients earning Gold Seals, and the first-ever recognition of a sports production - the NBC Olympics broadcast of Paris 2024.

Comcast (CMCSA) has partnered with Indiana state offices to invest $55 million in bringing high-speed Internet access to over 10,000 rural homes and businesses across seven counties. The expansion follows Comcast's previous $500 million network investment in Indiana over the last three years. The project will serve unserved and underserved communities in Boone, Morgan, Shelby, Miami, Delaware, Fayette and Rush counties. Pre-construction work has already begun in several counties, with plans to offer comprehensive services including Xfinity Internet, Mobile, X1, and Home security solutions. The company currently operates over 49,000 miles of fiber-rich network infrastructure across Indiana.