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Comcast Corp (CMCSA.OQ)

CMCSA.OQ on NASDAQ Stock Exchange Global Select Market

42.67USD
24 May 2019
Change (% chg)

$-0.06 (-0.14%)
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Latest Key Developments (Source: Significant Developments)

The Walt Disney Company And Comcast Announce Agreement On Hulu’S Future Governance And Ownership
Tuesday, 14 May 2019 

May 14 (Reuters) - Comcast Corp ::THE WALT DISNEY COMPANY AND COMCAST ANNOUNCE AGREEMENT ON HULU’S FUTURE GOVERNANCE AND OWNERSHIP.COMCAST CORP - UNDER PUT/CALL AGREEMENT, AS EARLY AS JANUARY 2024, COMCAST CAN REQUIRE DISNEY TO BUY NBCUNIVERSAL'S INTEREST IN HULU.COMCAST CORP - PUT/CALL AGREEMENT, AS EARLY AS JANUARY 2024.COMCAST CORP - DISNEY CAN REQUIRE NBCUNIVERSAL TO SELL THAT INTEREST TO DISNEY FOR ITS FAIR MARKET VALUE AT THAT FUTURE TIME.COMCAST CORP - DISNEY WILL ASSUME FULL OPERATIONAL CONTROL OF HULU, EFFECTIVE IMMEDIATELY.COMCAST - AGREED WITH HULU TO EXTEND HULU LICENSE OF NBCUNIVERSAL CONTENT AND HULU LIVE CARRIAGE AGREEMENT FOR NBCUNIVERSAL CHANNELS UNTIL LATE 2024.COMCAST CORP - DISNEY HAS GUARANTEED A SALE PRICE FOR COMCAST THAT REPRESENTS A MINIMUM TOTAL EQUITY VALUE OF HULU AT THAT TIME OF $27.5 BILLION.COMCAST CORP - DISNEY AND COMCAST HAVE AGREED TO FUND HULU'S RECENT PURCHASE OF AT&T INC.'S 9.5% INTEREST IN HULU.COMCAST CORP - GOING FORWARD, COMCAST WILL HAVE OPTION BUT NOT OBLIGATION TO FUND ITS PROPORTIONATE SHARE OF HULU'S FUTURE CAPITAL CALLS.COMCAST CORP - NBCUNIVERSAL CAN TERMINATE MOST OF ITS CONTENT LICENSE AGREEMENTS WITH HULU IN THREE YEARS' TIME.COMCAST CORP - DISNEY HAS AGREED THAT ONLY $1.5 BILLION OF ANY YEAR'S CAPITAL CALLS CAN BE FUNDED THROUGH FURTHER EQUITY INVESTMENTS.COMCAST - DISNEY AGREED CO'S OWNERSHIP INTEREST IN HULU WILL NEVER BE LESS THAN 21% SUCH THAT CO IS GUARANTEED TO GET AT LEAST $5.8 BILLION UNDER DEAL.  Full Article

Comcast CEO Brian Roberts' 2018 Total Compensation Was $35 Mln
Friday, 26 Apr 2019 

April 26 (Reuters) - Comcast Corp ::COMCAST CORP - CEO BRIAN ROBERTS'S 2018 TOTAL COMPENSATION WAS $35 MILLION VERSUS $32.5 MILLION IN 2017 - SEC FILING.COMCAST CORP - CFO MICHAEL CAVANAGH'S 2018 TOTAL COMPENSATION WAS $21.7 MILLION VERSUS $20.1 MILLION IN 2017 - SEC FILING.COMCAST CORP - PRESIDENT & CEO OF NBCUNIVERSAL STEPHEN BURKE'S 2018 TOTAL COMPENSATION WAS $40 MILLION VERSUS $46.5 MILLION IN 2017 - SEC FILING.COMCAST CORP - PRESIDENT & CEO OF COMCAST CABLE DAVID WATSON'S 2018 TOTAL COMPENSATION WAS $14.8 MILLION VERSUS $11.3 MILLION IN 2017 - SEC FILING.COMCAST CORP SAYS FOR 2018, PAY RATIO FOR CEO COMPENSATION TO COMPENSATION FOR THE MEDIAN EMPLOYEE IS 426 TO 1.  Full Article

Quil Names Carina Edwards Chief Executive Officer
Wednesday, 3 Apr 2019 

April 3 (Reuters) - QUIL::QUIL, JOINT VENTURE BETWEEN INDEPENDENCE HEALTH GROUP AND COMCAST, NAMES CARINA EDWARDS CHIEF EXECUTIVE OFFICER.QUIL SAYS EXPECTS TO LAUNCH FIRST PILOT PROGRAMS THIS YEAR.  Full Article

Comcast Business Creates New Segment To Bring Beyond Fast Business Solutions To The Public Sector
Monday, 1 Apr 2019 

April 1 (Reuters) - Comcast Corp ::COMCAST BUSINESS CREATES NEW SEGMENT TO BRING BEYOND FAST BUSINESS SOLUTIONS TO THE PUBLIC SECTOR.COMCAST - CREATION OF A NEW SEGMENT THAT WILL TARGET U.S. GOVERNMENT AND PUBLIC SECTOR ORGANIZATIONS.  Full Article

Drone Racing League Announces New Streaming Partnership With Twitter
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Comcast Corp ::DRONE RACING LEAGUE - ANNOUNCES NEW STREAMING PARTNERSHIP WITH TWITTER AND BROADCAST AGREEMENT WITH NBC AND NBC SPORTS (NBCSN).  Full Article

WhereverTV Broadcasting Says Florida Court Denies 2 Motions In Patent Infringement Against Comcast Communications
Monday, 25 Feb 2019 

Feb 25 (Reuters) - WhereverTV Broadcasting::MIDDLE DISTRICT COURT OF FLORIDA DENIES 2 MOTIONS IN PATENT INFRINGEMENT AGAINST COMCAST COMMUNICATIONS.  Full Article

Bein Sports Files New Legal Action With FCC Against Comcast
Wednesday, 6 Feb 2019 

Feb 5 (Reuters) - Comcast Corp ::BEIN SPORTS FILES NEW LEGAL ACTION WITH FCC AGAINST COMCAST.NEW FCC FILING IN ADDITION TO ONGOING FCC COMPLAINT FILED BY CO AGAINST COMCAST ON DEC 13, 2018.  Full Article

Comcast Corp Says Amortization Expense From Acquisition-Related Intangible Assets Was $1.1 Bln For 12 Months Ended Dec. 31, 2018
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Comcast Corp ::COMCAST CORP - AMORTIZATION EXPENSE FROM ACQUISITION-RELATED INTANGIBLE ASSETS WAS $1.1 BILLION FOR TWELVE MONTHS ENDED DECEMBER 31, 2018.COMCAST SAYS WILL NOW PRESENT ADJUSTED. EPS TO ALSO EXCLUDE AMORTIZATION EXPENSE FOR ACQUISITION-RELATED INTANGIBLE ASSETS - SEC FILING.  Full Article

Comcast Increases Dividend By 10 Percent To $0.84 Per Share On An Annualized Basis In 2019
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Comcast Corp ::COMCAST INCREASES DIVIDEND BY 10% TO $0.84 PER SHARE ON AN ANNUALIZED BASIS IN 2019.COMCAST - DECLARED A QUARTERLY CASH DIVIDEND OF $0.21 A SHARE ON COMMON STOCK.  Full Article

Comcast Reports Qtrly Earnings Per Share of $0.55
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Comcast Corp ::COMCAST - QTRLY EARNINGS PER SHARE $0.55; QTRLY ADJUSTED EARNINGS PER SHARE $0.64.COMCAST - QTRLY REPORTED REVENUE $27.85 BILLION, UP 26.1 PERCENT; QTRLY PRO FORMA REVENUE $28.28 BILLION, UP 5.2 PERCENT.COMCAST - QTRLY CABLE COMMUNICATIONS REVENUE UP 5.2 PERCENT TO $14.13 BILLION.COMCAST - QTRLY CABLE COMMUNICATIONS CUSTOMER RELATIONSHIP ADDS 258,000 VERSUS 243,000.COMCAST - QTRLY REVENUE FOR NBCUNIVERSAL UP 7.1 PERCENT TO $9.40 BILLION.COMCAST - QTRLY SKY CUSTOMER RELATIONSHIP PRO FORMA ADDS WERE 164,000, DOWN 20 PERCENT.Q4 EARNINGS PER SHARE VIEW $0.62, REVENUE VIEW $27.55 BILLION -- REFINITIV IBES DATA.  Full Article

PRESS DIGEST-New York Times business news - May 15

May 15 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.