39.20 +0.08 (0.20%)
After hours: 7:38PM EST
|Bid||39.12 x 100|
|Ask||39.45 x 900|
|Day's Range||38.19 - 39.71|
|52 Week Range||34.12 - 42.18|
|PE Ratio (TTM)||18.76|
|Forward Dividend & Yield||0.63 (1.63%)|
|1y Target Est||N/A|
Comcast has promised before that it does not and will not engage in paid prioritization, and today the company has reiterated that stance — after being called out for having apparently weakened it over the last year.
So it begins. The Federal Communications Commission voted on Dec. 14 to repeal the net neutrality rules that prevent US telecoms from blocking, slowing, or charging more for certain content. Those protections are gone. What’s left is an assurance that the Federal Trade Commission will enforce the voluntary commitments made by telecommunications firms like Comcast,…
The Latest on the FCC's vote on eliminating net-neutrality protections for the internet (all times local): 2:10 p.m. State attorneys general are threatening lawsuits against the federal government's repeal ...
The Federal Communications Commission repealed the Obama-era "net neutrality" rules Thursday, giving internet service providers like Verizon, Comcast and AT&T a free hand to slow or block websites and apps as they see fit or charge more for faster speeds.
The Walt Disney Co.’s blockbuster acquisition of 21st Century Fox’s entertainment assets this morning will change the landscape of media, including how streaming video will evolve. The two media conglomerates were equal partners with NBCUniversal in Hulu, but now Disney (DIS) will hold a controlling interest of 60 percent. Meanwhile, the Burbank, California, studio announced plans this summer to launch a Disney-branded direct-to-consumer streaming platform in 2019 — a move that will yank Disney, Pixar, Marvel and Lucasfilm movies and television shows from streaming giant Netflix (NFLX).
Hulu seems to be the real prize in today's Fox-Disney announcement. But let's not forget about Comcast, and the 30% of Hulu they still control. Alan Wolk looks at what that could mean for Disney and explores some of the possible outcomes.
Hulu has been around for nearly as long as Netflix has been streaming video and it still hasn’t found its edge. It has a large back catalog of old TV shows and movies. It recently launched a live-TV bundle. And it’s been getting noticed for more original programming like The Handmaid’s Tale. But having four…
Disney said the $66 billion deal to buy 21st Century Fox's entertainment assets provides the opportunity to expand globally and ramp up its direct-to-consumer streaming.
The $54.2 billion deal will have big implications for Disney's cable and studio properties, but let's not forget about what this could mean for Disneyland and Disney World.
The FCC formalized a long-expected reversal of net neutrality regulations on Thursday afternoon when it voted to rollback the Obama-era policies — and unsurprisingly Comcast is pleased with the decision. The Philadelphia-based media giant released a statement from Senior Executive Vice President David L. Cohen soon after the Federal Communications Commission cast a 3-2 vote along party lines on an order that has triggered vehement opposition among net neutrality advocates. With the vote, internet service providers like Comcast will no longer be classified as utilities, or "common carriers," under what's known as Title II of The Communications Act of 1934, and policies forbidding ISPs from blocking, slowing or giving preferential speeds to websites were lifted.
Dec.14 -- FCC Commissioner Brendan Carr defends the FCC's vote to end net neutrality rules. He speaks with Bloomberg's Emily Chang on "Bloomberg Technology."
CNBC’s David Faber reports new details on deal between Disney and Fox. Faber reports that Comcast’s offer for Fox’s assets was higher, but Fox preferred Disney instead.