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Comcast Tag

07 Oct

Posted at 12:15h in D2C News, Latest News, Member News

By Nellie Andreeva [caption id="attachment_409" align="alignright" width="150"] Matt Strauss is also Chair of DEG.[/caption] October 7, 2019 | NBCUniversal is making sweeping changes, restructuring its broadcast, studio and digital operations and assigning new roles to a number of the company’s top TV executives, including Bonnie Hammer, Paul Telegdy and George Cheeks. Universal Television and Universal Content Productions will move under a single business unit named NBCUniversal...

14 May

Posted at 14:17h in D2C News, Latest News

By Joe Flint and Micah Maidenberg May 14, 2019 | Walt Disney Co. and Comcast Corp. have struck a wide-ranging deal that turns operational control of Hulu over to Disney and gives Comcast the option to sell Disney its stake in the streaming-video service. Under the deal, Comcast can require Disney to purchase the one-third stake its NBCUniversal subsidiary owns in Hulu as early...

25 Apr

Posted at 14:28h in Industry News, Member News

By Alex Sherman April 25, 2019 | Comcast has had a frustrating run as a partial owner of video streaming platform Hulu, but that doesn’t make the decision to sell its minority stake in the company any easier. Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Comcast is now weighing the...

06 Dec

Posted at 19:05h in Industry News, Latest News

By Rani Molla December 6, 2018 | Following Netflix’s lead, nearly every major video company is moving into the streaming media business. And that means also moving their content off Netflix and onto their own services. Disney — along with its soon-to-be purchased Fox — is launching its streaming service, Disney+, next year and pulling its content, including Pixar and Marvel films, from Netflix. The combined...

06 Dec

Posted at 12:12h in Latest News, Member News

By Thomas K. Arnold December 6, 2018 | Comcast’s Xfinity Digital Store has joined digital movie-collection service Movies Anywhere, with the cable giant becoming its seventh digital retail partner — and first pay-television partner. Comcast’s Xfinity TV customers are now able to synchronize their accounts with Movies Anywhere, combine eligible movie purchases from the Xfinity Digital Store with those from other Movies Anywhere digital retailers,...

27 Sep

Posted at 10:36h in Industry News, Latest News

By Jennifer Saba September 27, 2018 | The Mouse House is about to buy Fox’s entertainment and international assets, including the Sky stake, for $71 billion. Disney’s chief executive, Bob Iger, has allowed discretion to conquer any ideas of valor: He plans to use the $15 billion windfall from the sale to pay down debt and invest in direct-to-consumer products, including Hulu. Read...

21 Aug

Posted at 22:07h in Industry News, Latest News

By Cynthia Littleton August 21, 2018 | Trying to play catch-up to Netflix, the largest U.S. media conglomerates are bent on reinventing part of their operations as a direct-to-consumer business model. The industry’s biggest content producers aim to tap into the efficiency of streaming video via the internet to build proprietary pipelines into America’s living rooms, laptops, tablets and smartphones. “The modern media...

22 Jun

Posted at 14:39h in Member News

By Ben Munson June 22, 2018 | The Walt Disney Company is promising to sell off even more Fox assets if its $71 billion deal for the company’s studio and cable network businesses earns regulatory approval. In a filing with the SEC, Disney said that it would be willing to part ways with Fox assets representing up to $1 billion in total EBITDA. That’s an...

20 Jun

Posted at 15:20h in Latest News, Member News

By Dade Hayes and Dawn C. Chmielewski June 20, 2018 | Disney CEO Bob Iger said changes in consumer habits are driving the company’s aggressive pursuit of 21st Century Fox studio and network assets. Facing historic levels of competition from Netflix and other digital players, traditional media powers have no choice but to act, he said in a conference call this morning with Wall Street analysts. “Direct-to-consumer distribution has actually become an even more...

20 Jun

Posted at 12:50h in Industry News, Member News

By Keach Hagey and Erich Schwartzel June 20, 2018 | Walt Disney Co. raised its offer to purchase most of 21st Century Fox to more than $71.3 billion in cash and stock, topping an unsolicited offer from rival Comcast Corp. and escalating the bidding war for the coveted media properties. Disney’s new offer is far higher than its original deal, $52.4 billion in stock, and surpasses...