CMCSA - Comcast Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
44.32
+0.47 (+1.07%)
At close: 4:00PM EDT

44.32 0.00 (0.00%)
After hours: 5:12PM EDT

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Previous Close43.85
Open44.01
Bid44.32 x 900
Ask44.32 x 3200
Day's Range43.96 - 44.42
52 Week Range32.61 - 45.26
Volume14,624,891
Avg. Volume18,343,607
Market Cap201.159B
Beta (3Y Monthly)1.04
PE Ratio (TTM)16.79
EPS (TTM)2.64
Earnings DateJul 25, 2019
Forward Dividend & Yield0.84 (1.92%)
Ex-Dividend Date2019-07-02
1y Target Est48.63
Trade prices are not sourced from all markets
  • Amazon & Disney Will Challenge Netflix in the Streaming TV Market
    Zacks3 hours ago

    Amazon & Disney Will Challenge Netflix in the Streaming TV Market

    Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into Netflix's (NFLX) recent Q2 earnings report. The episode then transitions into why Amazon (AMZN) and Disney (DIS) could be real challengers...

  • Reuters4 hours ago

    UPDATE 1-UK's Johnson poaches Sky executive to burnish business credentials

    Boris Johnson has poached senior Sky boss Andrew Griffith as his business adviser in one of his first appointments before moving into Downing Street, tasked with repairing relations with the corporate sector ahead of Brexit. Griffith worked his way up through Sky under Rupert Murdoch's ownership, becoming chief financial officer in 2008 and helping create Europe's biggest pay-TV group that was bought by Comcast Corp last year after a multi-billion-pound battle with Twenty-First Century Fox and Disney.

  • American City Business Journals5 hours ago

    Update: New Disney resort hits another stage of construction

    Walt Disney World's lodging accommodations are getting upgrades at a fast rate — one of those being the new Reflections: A Disney Lakeside Lodge. The new 900-room resort, being built on the former River Country water park site, has been quietly under construction for several months. Disney has said the new resort will be nature-themed and have Disney Vacation Club villas for the theme park company's timeshare customers.

  • Barrons.com8 hours ago

    Cable Television Is Crumbling. It’s Great News for Google’s YouTube TV.

    Virtual pay TV services like YouTube TV and Sling are becoming increasingly important players in the pay TV industry as more consumers cut the cord with traditional providers.

  • Business Wire9 hours ago

    Comcast Business Receives 2019 Unified Communications Product of the Year Award

    Comcast Business today announced that TMC, a global, integrated media company helping clients build communities in print, in person and online, has named Comcast Business VoiceEdge as a 2019 Unified Communications Product of the Year Award winner for its innovation in the unified communications space. Comcast Business VoiceEdge is a hosted voice and unified communications solution supported and managed by the Comcast Gig-speed network. VoiceEdge gives businesses of all sizes the ability to manage voice communications from any device desktop, laptop, tablet or smartphone, enabling them to enhance productivity and communications across multiple locations.

  • 5 Corporate Giants Set to Win Big on Q2 Earnings This Week
    Zacks11 hours ago

    5 Corporate Giants Set to Win Big on Q2 Earnings This Week

    Second-quarter 2019 earnings results so far are not as disappointing as expected initially. However, the forecast of overall earnings dip for two consecutive quarters is still looming large.

  • AT&T Stock Won’t Be Saved by Friends, Time Warner Channels
    InvestorPlace11 hours ago

    AT&T Stock Won’t Be Saved by Friends, Time Warner Channels

    With AT&T (NYSE:T) set to report its earnings on Wednesday morning, the results are very unlikely to boost AT&T stock. Nor, for that matter, should anyone expect the shares to jump meaningfully before mid-2020, at the earliest, Until that time, with AT&T stock facing multiple problems and lacking any significant, positive catalysts, investors should sell T stock.Source: Shutterstock For one, a dividend cut is certainly possible. With T stock's dividend yield topping 6% and AT&T owing a staggering total of nearly $196.5 billion as of the end of the first quarter, no one should be surprised if the company cuts its payout. Those who are bullish on T stock may note that the company's trailing-12-month operating cash flow was nearly $46 billion, but the company only had $6.6 billion of cash at the end of Q1, making its overall debt load rather heavy. The report that AT&T is looking to sell its Puerto Rico business indicates that it knows it badly needs cash.While cutting the dividend would provide the company with a meaningful amount of cash, it would also cause T stock to sink because the dividend haircut would make the shares less lucrative and greatly undermine confidence in AT&T stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Streaming Won't Rescue AT&T StockAT&T's upcoming streaming service -- HBO Max -- will feature programming from Warner Media (primarily TBS, TNT, HBO, and CNN) and movies, along with some original content. The online video service, slated to launch sometime next year, is expected to cost a lot more than the $13 per month that Netflix (NASDAQ:NFLX) charges for its most popular plan. * 7 Stocks Top Investors Are Buying Now Judging by the recent financial performance of its two main components -- HBO and the Turner legacy channels -- the appeal of HBO Max's primary content is declining. Mott Capital Management, writing on Seeking Alpha, noted HBO's Q1 top line dropped to $1.51 billion versus $1.62 billion in the year-earlier period, while Turner's revenue inched down to $3.44 billion from $3.45 billion. Ominously for AT&T stock, HBO's operating revenue reached its lowest level since Q2 of 2017.And from a common sense standpoint, it's hard to see how consumers will be convinced to pay more than Netflix is charging for Turner's reruns of worn-out sitcoms like Big Bang Theory, and American Dad, along with HBO, whose popularity is slipping, and CNN, by far the least-popular cable news channel. I know that Friends is the most popular show on Netflix, but I don't think many consumers are going to pay $15+ per month to watch the 20+-year-old Ross-Rachel saga. Only if HBO Max manages to develop a few new hit shows does the channel have any chance of moving the needle in a positive direction for AT&T stock by 2025, And, with all the competition out there, I wouldn't bet on that. Content Spending and Premium TV Results Are Worth WatchingOriginal content is not cheap, and the AT&T's investments in that area could spook investors, causing T stock to sink in the wake of the company's Q1 results. Another trend that may scare the market is continued, steep declines in the company's premium TV subscriber base. Premium video connections -i.e., consumers who are paying it for satellite and cable connections -- sank nearly 6.5% YoY to 22.4 million in Q1, Mott Capital's Michael Kramer noted. If that trend accelerated in Q2, T stock could take a big hit on Wednesday, and a dividend cut could happen sooner rather than later. * 10 Tech Stocks That Are Still Worth Your Time (And Money) 5G Could Rescue AT&T Stock Down the RoadAT&T could use 5G, which will enable a variety of cool location-based services, as well as much faster downloads, to attract more wireless subscribers from smaller carriers. It could also use the technology to steal broadband internet subscribers from cable companies like Comcast (NYSE:CMCSA) and Charter (NASDAQ:CHTR). Finally, if AT&T can use 5G to provide more services to its subscribers, it could potentially squeeze much more revenue from them. Taken together, all of these attributes of 5G could meaningfully boost AT&T top and bottom lines, providing a much needed positive catalyst for T stock.But the company's 5G network isn't expected to roll out nationwide until early next year, and it will likely take the company time to market any new offerings that arise from it. So, for at least a year, 5G investments will weigh on T stock without producing any meaningful revenue for the company. Bottom Line on AT&T StockAT&T stock is facing multiple, negative catalysts, including steep pay TV subscriber and revenue losses, as well as high levels of investment in its streaming channel and in 5G. Moreover, its streaming channel probably won't be successful, and there's a good chance that it will cut its dividend. Although T stock could be rescued by 5G down the road, investors should stay away form the name for the foreseeable future.As of this writing, the author did not own any of the stocks named. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post AT&T Stock Won't Be Saved by Friends, Time Warner Channels appeared first on InvestorPlace.

  • Why Netflix Isn’t Doomed despite Subscriber and Show Losses
    Market Realist12 hours ago

    Why Netflix Isn’t Doomed despite Subscriber and Show Losses

    Netflix (NFLX) hit a rough patch in the second quarter. The company’s number of US subscribers declined for the first time in nearly a decade.

  • Market Realist13 hours ago

    AT&T Opens New Revenue Streams as It Works to Cut Debt

    AT&T; became the first major mobile operator to offer a service that automatically blocks unwanted calls. This service has also opened a new revenue stream as the company works to reduce its debt.

  • Financial Times19 hours ago

    Boris Johnson hires Sky’s Andrew Griffith as business adviser

    Boris Johnson has hired one of the most senior executives at broadcaster Sky to become his chief business adviser in Downing Street, charged with building stronger relationships with companies and industry groups. Andrew Griffith is a former Conservative candidate who lent his £9.5m Westminster townhouse to the Johnson campaign during the race for the party leadership. Mr Griffith will build a large business-focused team in Downing Street, according to a person close to his plans.

  • Factors to Consider Ahead of Comcast's (CMCSA) Q2 Earnings
    Zacksyesterday

    Factors to Consider Ahead of Comcast's (CMCSA) Q2 Earnings

    Comcast's (CMCSA) second-quarter earnings are likely to benefit from the expanding high-speed Internet subscriber base and Xfinity Mobile user base.

  • American City Business Journalsyesterday

    Universal patent shows how video games may be incorporated in future Nintendo land

    The theme park giant is seeking a way to interconnect scores or outcomes from multiple experiences and attractions.

  • AT&T Customers Miss Out amid CBS Blackout Dispute
    Market Realistyesterday

    AT&T Customers Miss Out amid CBS Blackout Dispute

    AT&T; (T) has reportedly failed to renew its carriage programming contract with CBS (CBS) amid disputes about higher fees.

  • American City Business Journalsyesterday

    Heads up, sports fans: Here's a peek inside Disney Springs' new NBA Experience store

    Basketball fans visiting the Disney Springs retail, dining and entertainment complex in Orlando may not be able to get inside the new NBA Experience yet — but its store now is open for those looking to grab some unique Disney-inspired sports gear. The new attraction, which replaced the former DisneyQuest attraction, officially opens Aug. 12, but guests now can visit the NBA Store portion of the venue. Here's more from Disney spokesman Jeremy Schoolfield, via the Disney Parks Blog: Most of the NBA Experience will take guests into the world of basketball with some unique activities, including these, according to Disney Parks Blog: Experience the NBA Draft with a photo moment recreating the draft stage.

  • Comcast Stock Down from Record High as Q2 Earnings Loom
    InvestorPlaceyesterday

    Comcast Stock Down from Record High as Q2 Earnings Loom

    Comcast (NASDAQ:CMCSA) reports its second quarter of 2019 earnings next week, and investors seem uncertain about whether CMCSA stock is a buy. After climbing as high as $45.20 on Tuesday (an all-time high), Comcast stock lost ground on Wednesday. Then, shares closed up 0.29% on Thursday.Source: Shutterstock The uncertainty is tied to the Comcast earnings call on July 25. Will CMCSA beat expectations? The company has been doing just that in recent quarters, at least in terms of earnings.Investors will also be looking for big numbers on new high-speed internet customers. This will help offset continued bleeding of video subscribers. Further, prospective buyers will seek news on NBCUniversal's planned video streaming service.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What Investors Are Looking for in Comcast EarningsWhen Comcast reported its Q1 earnings in April, the company massively beat per-share profitability expectations. The company also added 375,000 high-speed internet customers but lost 121,000 video customers. However, revenue of $26.6 billion (up 17.9% year-over-year) was lower than analysts had expected. * 10 Tech Stocks That Are Still Worth Your Time (And Money) The news initially negatively impacted Comcast stock, but it ended up closing on a high note. For Q2, investors will carefully watch developments on multiple fronts.Analysts are bullish on CMCSA's profitability prospects, with a consensus earnings-per-share forecast of 75 cents. That's a 15.4% increase over the 65 cents the company reported a year ago.Moreover, analysts will place video-customer numbers under a microscope. Comcast has been bleeding video customers -- a trend that continued last quarter. While adding high-speed internet customers (something else analysts will be watching closely) helps to offset that loss, the company takes a revenue hit because the loss of video customers comes with an accompanying loss in pay-TV subscribers.CMCSA's NBCUniversal division saw its revenue drop 12.5% last quarter, adding to the overall revenue miss for Comcast. Any news on NBCUniversal's forthcoming video-streaming service, expected to launch in Q1 2020 will be of particular interest.NBCUniversal recently paid $500 million for rights to The Office. Unfortunately Netflix (NASDAQ:NFLX), the show will be pulled from the streaming giant in 2021. However, it's expected to be a key draw for gaining subscribers for Comcast, boosting prospects for CMCSA stock.Rival media giant AT&T (NYSE:T) also has big video streaming plans for next spring, including a new WarnerMedia service that just won the rights to Friends. The competition in streaming video is set to explode, starting this fall with high-profile services from Apple (NASAQ:AAPL) and Disney (NYSE:DIS). Therefore, any mention of NBCUniversal's plans during the earnings call could have an impact on Comcast stock. Comcast Stock on an Earnings Winning StreakComcast earnings are on a year-long streak in terms of beating analyst expectations. Going back to last July, the consensus EPS forecast was for 61 cents per share, while CMCSA reported 65 cents. That trend continued unbroken and last quarter, Comcast really hit it out of the park. The media giant delivered EPS of 76 cents compared to the consensus target of 66 cents.That performance helped Comcast stock to recover after it spent the first half of 2018 in a protracted slump. At that time, investors worried about cord cutters dropping their cable subscriptions.Since the streak started with last July's Q4 2018 earnings report, Comcast has steadily risen from $34.84 to $45.20 for nearly 30% growth. That set a new all-time high for CMCSA stock in the process. In comparison, AT&T has chalked up growth of just over 6% during the same period. Also, the Nasdaq Composite gained only 4.7%. What Will Happen Next Week?July 25 will be a big day for Comcast. Another earnings beat is a strong possibility and big numbers there could boost CMCSA stock further.But with Comcast stock setting new all-time highs earlier this week, investors will be cautious. Surely, they'll be on the lookout for any sign of future trouble.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Marijuana Stocks With Critical Levels to Watch * 7 of the Best Smart-Beta ETFs to Target Right Now The post Comcast Stock Down from Record High as Q2 Earnings Loom appeared first on InvestorPlace.

  • Dish’s Wireless Endeavor Is Facing Headwinds
    Market Realistyesterday

    Dish’s Wireless Endeavor Is Facing Headwinds

    Dish Network’s (DISH) wireless business is currently in the making, as cord cutting has hit US satellite pay-TV providers harder than their cable counterparts.

  • 3 Reasons for Netflix Investors to Worry After the Latest Report
    Motley Fool2 days ago

    3 Reasons for Netflix Investors to Worry After the Latest Report

    Shares of the streaming-TV giant dove after its latest report, and for good reason.

  • Netflix stock slammed by subscriber miss, but analysts are unfazed
    MarketWatch2 days ago

    Netflix stock slammed by subscriber miss, but analysts are unfazed

    Netflix Inc.’s weaker-than-expected second-quarter subscriber numbers sent its stock sharply lower in premarket trade Thursday, but analysts were unfazed by the miss and said they’re sticking with their full-year forecasts.

  • 4 Reasons Theme Parks Are Struggling This Summer
    Motley Fool3 days ago

    4 Reasons Theme Parks Are Struggling This Summer

    It's easy to see what Disney, Universal Studios, and SeaWorld got wrong in Central Florida this season.

  • Buy Netflix (NFLX) Stock on the Dip Despite Q2 Subscriber Worries?
    Zacks4 days ago

    Buy Netflix (NFLX) Stock on the Dip Despite Q2 Subscriber Worries?

    Investors fled Netflix (NFLX) stock after the firm reported potentially worrisome Q2 subscriber figures on Wednesday. Now many on Wall Street are left to wonder if the major user miss is a hiccup for an impressive growth stock, or the start of much tougher times.

  • Comcast Shares Pop on Goldman’s Optimism
    Market Realist4 days ago

    Comcast Shares Pop on Goldman’s Optimism

    Comcast (CMCSA) shares popped after Goldman Sachs issued a positive note on the company recently. Goldman upgraded its rating for Comcast to "buy" from "hold."

  • American City Business Journals4 days ago

    Expert: Don't worry about Disney's Star Wars slow attendance

    The theme park giant's expansion has caused chatter across the Internet due to pictures of small crowds in California. But that may not be a true indication for the future of the land, which has yet to fully open.

  • Netflix Suffers Worst Rout Since 2016 on Drop in U.S. Users
    Bloomberg5 days ago

    Netflix Suffers Worst Rout Since 2016 on Drop in U.S. Users

    (Bloomberg) -- Netflix Inc. shocked investors by reporting a drop in U.S. customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.The shares plunged 10% to $325.21 at the close in New York, the worst one-day drop in three years, after the company reported a loss of 130,000 customers in the U.S. Netflix blamed higher prices and a weak slate of TV shows. It signed up 2.8 million subscribers internationally in the period, roughly half what the company predicted.“Netflix has a difficult road ahead, with looming competition and the removal of popular content,” said EMarketer Inc. analyst Eric Haggstrom. But a stronger lineup of new shows in the current quarter could help attract former subscribers, he said.The quarter represents the biggest black eye for Netflix since 2011, when the company split its DVD-by-mail business from its streaming business. That move raised prices for its customers, and resulted in the loss of more than 800,000 subscribers in the U.S. The company had planned to call the DVD service Qwikster, but it backpedaled on the plan after investors and customers scoffed at the idea.Netflix said the miss is a one-time blip rather than a long-term problem. The second quarter has typically been its weakest time of year: The company missed its forecast during the period in three of the past four years.Netflix looks to add 7 million subscribers in the current quarter, thanks in part to the return of top shows “Stranger Things” and “Orange Is the New Black.”“Our position is excellent,” Chief Executive Officer Reed Hastings said during a videoconference call Wednesday. “We’re building amazing capacity for content. Our product has never been in better shape.”Several analysts agreed that the second-quarter disappointment should be only a temporary hiccup for Netflix. Investors should “aggressively buy the stock” on weakness, especially below $325 a share, Loop Capital said.Heavy SpendingFor now, the second-quarter shortfall is renewing investor concern about the company’s heavy program spending and low profitability. Netflix shelled out more than $3 billion on programming in the quarter and another $600 million to market its shows. The company spent $594 million more than it took in and will need to raise money to fund programming.Investors had been forgiving about the spending and the debt -- so long as customers grew at record rates. But the loss of subscribers in the U.S. was the first since the Qwikster debacle, and it suggests Netflix may be running into price resistance or the limits of the addressable domestic market. The company has forecast it can reach as much as 90 million customers in the U.S., compared with 60.1 million currently.Overseas SlowdownInternational results flagged too, with the company missing its own forecast of 4.7 million new subscribers. Europe, Latin America and Asia have been the primary drivers of Netflix’s customer acquisition in recent years, and growth must be sustained if the company is to justify its high valuation.Netflix is introducing a cheaper, mobile-only package in India to attract customers in a big market with price-sensitive customers.Analysts expect the company to have a blockbuster second half because of a heavy release schedule that includes a new season of “The Crown” and movies by directors Martin Scorsese and Michael Bay. Even after the slowdown last quarter, Netflix still thinks it can have its best year of customer growth in 2019.But competition is coming. Walt Disney Co. and Apple Inc. plan to introduce streaming services this year, while offerings from Comcast Corp. and AT&T Inc. arrive in 2020. Those services may not steal users from Netflix, but they will make future growth harder, according to Michael Pachter, an analyst with Wedbush Securities.Just a Preview?“We saw a preview of next year with this quarter,” Pachter said in an interview with Bloomberg Television. “Next year, they’ll have a couple quarters where they’ll lose subscribers.”Another challenge: Competitors are taking back rights to programs that have been popular on Netflix, including “Friends” and “The Office,” to use for their own services. That will force Netflix to rely even more on its original productions.Those efforts have largely been successful. Its shows just earned 117 nominations for the 2019 Emmy awards. But reruns of old shows still constitute the majority of viewing.The slowdown in users overshadowed the company’s quarterly financial results. Earnings for the second quarter fell to 60 cents a share, but beat analysts’ estimates of 56 cents. Sales grew 26% to $4.92 billion, compared with projections of $4.93 billion.The stock had been up 35% for the year at the close of regular trading, nearly double the gain of the S&P 500. The decline spread to related stocks such as Roku Inc., which makes set-top boxes that deliver the streaming service. Its shares fell as much as 2.5%, but closed little changed.(Updates with closing prices)To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • The Movie Biz: Films worth (and one not worth) watching about landing on the moon
    American City Business Journals5 days ago

    The Movie Biz: Films worth (and one not worth) watching about landing on the moon

    In 1902, the fabulous French fabulist and filmmaker Georges Méliés released “A Trip to the Moon,” a 14-minute short best known for its memorable shot of a moon rocket landing square in the eye of the Man in the Moon. Probably the most effective “serious” movie of the genre is 1995’s “Apollo 13.” Ron Howard and Tom Hanks shoot for the moon in this surprisingly gripping and supremely entertaining re-telling of the moon landing that wasn’t. In 1970, less than a year after Neil Armstrong and Buzz Aldrin left their footprints in the dust, Jim Lovell (Hanks) and his team (Kevin Bacon, Bill Paxton and Gary Sinise) hope to have their turn.

  • Netflix, Welcome to Ratings Hell
    Bloomberg5 days ago

    Netflix, Welcome to Ratings Hell

    (Bloomberg Opinion) -- The TV-network giants went through ratings hell. It’s time for Netflix’s own version of that. After the market closed on Wednesday, Netflix Inc. reported that it lost 126,000 U.S. streaming customers during the second quarter, which appears to be the first time it’s ever done so. Global membership growth was also well short of management’s own expectations, with 2.7 million net sign-ups versus an anticipated 5 million. The company blamed its uninspiring results on subscription price increases and a less-enticing mix of movies and TV series. While it signaled that “more typical growth” and better content is in store, shares of Netflix sold off 12%, erasing $17 billion from its market value. This marks a turning point in how investors view the future of Netflix vis-a-vis its biggest emerging threats, Walt Disney Co. and AT&T Inc. In recent years, the popularity of Netflix has been a chief reason for the accelerated drop in cable subscriptions and viewers tuning out traditional live TV. As investors were entranced by the video-streaming app’s rapid growth and awarded the company an absurdly rich valuation, companies such as Disney and Time Warner (now called WarnerMedia, a unit of AT&T) were punished by shareholders for their audience shrinkage.Those media giants’ audiences are still shrinking (see next chart), and their businesses still rely on TV commercials and cable fees to drive profit. But they have managed to change the narrative so that more attention is paid to their own streaming opportunities. Nov. 12 is the launch date for Disney+, which Disney plans to bundle with ESPN+ and Hulu for fans who want all three services. Shortly thereafter, AT&T’s WarnerMedia will introduce HBO Max, a souped-up version of the HBO app that will contain Turner network programs and Warner Bros. films. Given the relatively low price of Disney+ at $6.99 a month and the quality of Disney and HBO/Warner content, both products have the potential to lure a considerable number of streamers away from Netflix.(1)This means Netflix investors will become even more obsessed with its quarterly subscriber count. They’ll also want more real data as far as how many people are watching Netflix’s costly originals – much in the way investors have picked apart the traditional media companies’ Nielsen viewership ratings. By now you’ve heard that “Friends” is moving to AT&T’s HBO Max next year, and that Comcast Corp.’s NBCUniversal is reclaiming “The Office” in 2021. Those are the most-watched shows on Netflix, so their expiration dates create a sense of foreboding.As my colleague Shira Ovide alluded to Wednesday, Netflix may be drifting too far from what it made it so attractive in the first place: being a constant bazaar of binge-able video entertainment. By blaming its own content slate for last quarter’s weak showing, Netflix is saying that it’s not all that different from HBO, which is dependent on a select few hit programs and goes through lulls when there aren’t new episodes. I’ve written that Netflix has the benefit of already being the “base” streaming service for many people, but that could change if Netflix becomes less of a one-stop shop and other services seem to offer more bang for your buck. Disney+ launch day is just four months away. And the closer we get to D-Day, the more skittish Netflix shareholders will be. Cable-network operators know all too well what that’s like. (1) Apple TV+ is also coming later this year to challenge Netflix.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering deals, Berkshire Hathaway Inc., media and telecommunications. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.