Comcast Corporation has announced that Mike Cavanagh has been named President. With this promotion, Cavanagh will work closely with Chairman and CEO Brian L. Roberts to manage the businesses and teams across the company. Cavanagh will be just the third President in the company’s 59-year history. He will remain Chief Financial Officer. “Today’s promotion will […]

Straight after Walt Disney Company CEO Bob Chapek said he’d exercise his right to buy out Comcast’s 33 per cent stake in SVoD pioneer Hulu sooner rather than later, Comcast CEO Brian Roberts said he’d buy the streamer outright “if it were for sale”. Both companies have ‘put’ options to offer to buy the other […]

Dana Strong, Sky Group CEO, has declared that technology is “absolutely” at the beating heart of what Sky does. Speaking during the Sky Tech Summit at the operator’s London campus, she said that Sky “sets the bar. It’s the company to measure yourself against in terms of customer experience and innovation and that has been […]

FreeWheel has named Soo Jin Oh as Chief Strategy Officer, a new role developed for the company. Oh will work closely with FreeWheel leadership to develop strategic plans in support of achieving the company’s long-term vision, enhance business operations and establish strong relationships within the advertising landscape. She will be based in New York and […]

Comcast Technology Solutions (CTS), a division of Comcast Cable that provides media and entertainment technology to content providers, operators, and advertisers, has announced that its Cloud Video Platform is being deployed as the new unified back-end platform by WRC Promoter GmbH to support FIA World Rally Championship (WRC), FIA European Rally Championship (ERC), FIA World Rallycross Championship (World RX), and FIA […]

SVoD service SkyShowtime will officially launch on September 20th, bringing its premium offering of exclusive entertainment to millions of homes across Europe. A joint venture of Comcast — parent company of NBCUniversal and Sky —  and Paramount Global, SkyShowtime will initially launch in Denmark, Finland, Norway and Sweden before expanding into the Netherlands later in […]

Hedge fund Third Point has disclosed a $1 billion (€0.98bn) stake in The Walt Disney Company and plans to push for changes including spinning off ESPN and buying back shares. Daniel Loeb, who runs Third Point, has U-turned on Disney building this new stake not long after exiting his previous position over fears about rising […]

Comcast released its Q2 financials on July 28th and showed (for Q2) an improvement of 5.1 per cent in revenue (y-o-y), and for the half-year of 9.5 per cent (y-o-y). Sky’s ‘Adjusted EBITDA’ increased 54.1 per cent to $863 million, but in the numbers were Comcast’s ‘Total Customer Relationships’ and this is where Sky’s churn […]

A report, Free Ad-Supported Streaming TV: Why More Advertisers (and Consumers) Are Going F.A.S.T., from Comcast Advertising, the advertising division of Comcast Cable, highlights the rise of Free Ad-Supported Streaming TV (FAST) and its value to advertisers today as a complement to traditional TV and streaming advertising plans. As one of the newest forms of […]

Comcast Advertising has announced that James Rooke has been named to the role of President. In this position, Rooke will oversee the operation of the company, whose brands include Effectv, FreeWheel and AudienceXpress. Rooke, who was previously General Manager of Effectv, replaces Marcien Jenckes, who was recently tapped to lead the new joint venture between […]