Comcast and The Walt Disney Company are to bring forward the start date to decide the valuation of Hulu from January 2024 to the end of September 2023. Chairman and CEO Brian Roberts said Comcast will base the sale of its 33 per cent stake in the joint venture on a valuation of over $30 […]

Comcast CEO Brian Roberts has said it is more likely than not that it would sell its stake in OTT streaming service Hulu to Disney. Comcast has a one-third ownership stake in Hulu. However, Roberts also stressed that Comcast felt it had a “very valuable position” in Hulu and perhaps a string hint that it […]

Comcast, owner of Sky and NBCUniversal, has reported Q4 revenue increased 9.5 per cent to $30.3 billion (€27.1bn), exceeding expectations. Sky’s total subscriber numbers throughout the UK, Germany and Italy fell by 198,000 in 2021, despite an increase of 61,000 in Q4 – most of which were attributed to streaming. Sky’s revenue dropped by 2.4 […]

Comcast will double down on its investment in streaming service Peacock. The company reports Peacock lost $1.7 billion (€1.52bn) in 2021 and is expected to lose $2.5 billion in 2022 as the company ratchets spending on content from $1.5 billion to $3 billion. Comcast CEO Brian Roberts told markets that Peacock had the right business […]