Tag: comcast

Disney finalized its acquisition of NFL Media in exchange for a 10 percent stake in ESPN, giving the NFL ownership in a key broadcast partner. Bob Iger declined to comment on how this changes ESPN’s rights position or editorial independence.…

Comcast finalized the spin-off of Versant Media, transferring control of its cable and news networks into a standalone public company. Versant’s shares dropped 13 percent on their first day of trading, while Comcast stock rose, signaling investor preference for the…

Netflix has escalated its bid for Warner Bros. Discovery with a binding, mostly cash offer that signals a desire for full control, not leverage. This ups the pressure on Paramount, Skydance, and Comcast, while injecting significant political and regulatory risk…

Starz is exploring an acquisition of A+E Global Media, the joint venture between Disney and Hearst that owns Lifetime and the History Channel. This move follows Starz's separation from Lionsgate and aligns with its strategy to scale digital reach by…

NBCUniversal is reviving NBC Sports Network on November 17 via YouTube TV, reinforcing a hybrid strategy that blends linear and streaming to maximize control, reach, and monetization of live sports. The move protects NBCU’s brand visibility and bargaining power as…

Kirby analyzes the looming M&A scramble for Warner Bros. Discovery, breaking down how Paramount Skydance, Netflix, and Comcast each reflect a different strategic theory. Paramount Skydance sees WBD as a growth engine; Netflix sees it as the key to permanence;…

Comcast has formally entered the mix for Warner Bros. Discovery’s studio and streaming assets, retaining Goldman Sachs and Morgan Stanley and gaining access to the company's financial data room. The move signals serious acquisition interest despite public caution about M&A.…

Netflix has reportedly retained Moelis & Co. to evaluate a potential acquisition of Warner Bros. Discovery’s studio and streaming assets, signaling serious interest in a transformative deal. The focus is strictly on WBD’s high-value IP engines like Warner Bros. Pictures,…

Comcast reported a steadier but stagnant Q3 for Peacock, with reduced losses ($217M) and flat subscriber growth (41M). The platform is now cost-controlled and stable, but it is not driving growth. This reflects broader challenges as Comcast’s core connectivity businesses…

Comcast has promoted Steve Croney to CEO of its Connectivity & Platforms division, effective January 1, as Dave Watson transitions to Vice Chairman. Croney, currently COO, will oversee broadband, wireless, and entertainment platforms at a time when Comcast is facing…