|Bid||33.00 x 500|
|Ask||33.35 x 800|
|Day's Range||33.10 - 33.79|
|52 Week Range||32.74 - 44.00|
|PE Ratio (TTM)||6.99|
|Forward Dividend & Yield||0.76 (2.29%)|
|1y Target Est||N/A|
Netflix (NFLX) has been spending aggressively on high-quality original content, which has resulted in negative free cash flows. In 1Q18, Netflix’s free cash flow was -$287.0 million due to high content spending. Netflix said it expects free cash flow from -$3.0 billion to -$4.0 billion this year, compared to free cash flow of -$2.0 billion in fiscal 2017.
Travis Hughes will oversee NBCSportsPhiladelphia.com, as well as social media, podcasts, brand engagement with fans and long-range content initiatives.
Cable giant Comcast Corp. ( CMCSA) has announced a partnership with one of the largest Blue Cross health insurers to create a new consumer-oriented digital health care technology platform. Daniel J. Hilferty, Independence's president and CEO, said the venture is part of the company's efforts to diversify its business. As for Comcast, the new project is intended to add value to the digital pipelines into millions of homes across America.
(Reuters) - Comcast Corp and Charter Communications Inc will partner to develop back-end software to support services for their Xfinity and Spectrum mobile offerings, the companies said on Friday. The ...
The 50/50 agreement will allow both to collaborate on building a platform for their independent wireless ventures, and development efforts will be based in Philadelphia.
Comcast Corp and Charter Communications Inc will partner to develop back-end software to support services for their Xfinity and Spectrum mobile offerings, the companies said on Friday. The 50/50 partnership ...
Now that he has lost the battle for 21st Century Fox’s entertainment assets to Walt Disney Co., where does Comcast CEO Brian Roberts go from here as his options for driving future growth at the world's largest cable company dwindle? If the companies prevail — and I realize that’s a big if — that would diminish the concerns from Fox's that a deal with Comcast would be blocked by antitrust regulators. If that happens, a Comcast transaction might prove to be more tempting for Fox shareholders since the Philadelphia-based company’s bid was 16% higher on a per-share basis than Disney's.
Netflix (NFLX) announced its 1Q18 results on April 16, 2018, and posted slightly better-than-expected earnings and revenues. In 1Q18, Netflix posted adjusted earnings of $0.64 per share, exceeding analysts’ consensus of $0.63 per share. The company posted total revenues of $3.7 billion, slightly better than the estimate of $3.69 billion. Its earnings and revenues increased ~60.0% and ~40.0% year-over-year, respectively.
Installing soil moisture, temperature and air quality sensors at Bartram’s Gardens provides a compelling use case for Comcast’s quietly growing IoT operation.
There seems to be no letup in the powerful momentum with Netflix, Inc. (NASDAQ:NFLX). During the latest earnings report, revenues jumped by 43% and the company added 7.4 million new subscribers. The current membership base is now at 125 million.
Facebook (FB) and Google parent Alphabet (GOOGL) are set to transition out of the information technology (or IT) sector as part of industry classification changes announced by the S&P Dow Jones Indexes and the MSCI in January this year. In changes scheduled to go into effect in September 2018, Facebook, Alphabet, and several of their current IT sector peers will be moved to the communications services sector, where they will join the likes of Verizon (VZ) and AT&T (T).
As a general rule, I'm inclined to turn my nose at the notion of another Halloween movie. Okay, so we don’t know (yet) which David Gordon Green we’re getting, but even the possibility of getting a Halloween film from the man who made George Washington, Undertow and Snow Angels is a little exciting, and I have to say Your Highness has aged very well in this newly IP-driven era.
The popularity of streaming services like Netflix (NFLX) has made life difficult for traditional cable TV providers like Comcast (CMCSA) with customers increasingly preferring cheaper streaming services to cable TV subscriptions. Comcast didn’t mention the price of the bundled subscription, but it is likely to be cheaper compared to buying the two subscriptions separately.
Comcast is teaming up with Independence Health Group to launch a new consumer-oriented health-care technology platform.
The health insurer will be working with the media and technology company to provide patients with access to content and information related to their particular health care needs wherever they are.
Sky (SKYB.L), the pay-TV group at the centre of a takeover battle between Fox, Disney and Comcast, reported a strong third quarter on Thursday, underlining its appeal to rival U.S. entertainment groups who want to expand in Europe. Chief Executive Jeremy Darroch said the British company was "well placed for the future" regardless of which company emerged as its ultimate owner. Sky added 38,000 customers, taking its customer base to nearly 23 million homes.
Sky (SKYB.L), the pay-TV group at the center of a takeover battle between Fox, Disney and Comcast, reported a strong third quarter on Thursday, underlining its appeal to rival U.S. entertainment groups who want to expand in Europe. Chief Executive Jeremy Darroch said the British company was "well placed for the future" regardless of which company emerged as its ultimate owner. Sky added 38,000 customers, taking its customer base to nearly 23 million homes.
Corp.’s NBCUniversal has been reluctant to support OpenAP, a TV audience targeting concept from a consortium of TV networks, instead touting its own data and targeting efforts. Now, the media company is changing its tune. The goal is to “build a significantly more accelerated advanced ad business for all TV programmers,” said Krishan Bhatia, executive vice president of business operations and strategy at NBCUniversal.
Sky Plc reported another set of strong quarterly results, a boon to shareholders anticipating a bidding war between 21st Century Fox Inc. and Comcast Corp. for the U.K. pay-TV broadcaster.
Sky, the European pay TV company at the centre of a bidding battle between Fox/Disney and Comcast, said it had added 38,000 new customers in its third-quarter, helping keep it on track for the year. The ...
The joint filing by Disney and Fox, which outlines the timeline of their negotiations, offers the most detailed insight yet into Fox's thinking, as it goes head-to-head against Comcast, a U.S. cable operator, in its bid to acquire European pay-TV company Sky Plc (SKYB.L), in which Fox holds a 39 percent stake. Comcast announced in February it was working on a $31 billion bid that would top Fox's deal for Sky.
The following are the top stories on the New York Times business pages. - Rupert Murdoch sold most of Twenty-First Century Fox Inc to Disney in December for $52.4 billion, spurning a proposal from Comcast Corp, that was 16 percent higher on a per-share basis, in part because Comcast refused to offer protections in the event of regulatory rejection. - Time Warner Inc Chief Executive, Jeffrey Bewkes, vigorously defended his company's $85.4 billion merger with AT&T on Wednesday, saying the deal was necessary to confront "tectonic changes" in entertainment caused by internet competitors like Netflix Inc and Amazon.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - More than 100 million people globally are now paying for Amazon ...
The "Squawk on the Street" crew discusses the latest details on Disney's bid for Fox and why the Fox board was resistant to Comcast.