Tag: comcast

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…

Warner Bros. Discovery confirmed it is reviewing strategic alternatives after receiving unsolicited interest from multiple parties, including a bid from Paramount Global. The company is considering a full sale, a breakup, or a structure that merges Warner Bros. while spinning…

Versant reported a continued decline in annual revenue and net income as it prepares to go public. The Comcast spinoff, which now includes legacy networks like CNBC, USA, and SYFY, posted $7 billion in 2024 revenue, down from $7.4 billion…

ESPN is launching its first WWE Premium Live Event, Wrestlepalooza, on its new DTC app this Saturday under a $1.6 billion deal, but millions of existing pay TV subscribers won’t have access. Despite marketing promises that all ESPN subscribers could…

NBCUniversal is close to securing a three-year, $600 million deal with MLB to bring Sunday night and Wild Card games to NBC and Peacock. Netflix is also in talks for a multi-year deal to stream the Home Run Derby starting…

ESHAP is back this week, hijacking Ask Skip once again to argue that Disney is the only traditional media company playing the right game. While others flail or fold, Disney is leveraging legacy profits to fund its transformation—bundling services, consolidating…