-
Cable giant Comcast is trying to forge a partnership with Walmart to sell smart TVs as the cable giant tries to expand its footprint in video streaming, a new report says.
The deal being discussed
-
Comcast saw a 19 percent drop in third-quarter revenue at its NBCUniversal unit as the coronavirus continued to wreak havoc on its theme parks and movie business.The Philadelphia-based cable giant
-
You’re fired — but you’re going out like a big shot! A cluster of black Chevy Tahoe SUVs lined up outside NBCUniversal’s Manhattan headquarters at 30 Rockefeller Center early Tuesday — but instead of celebrities or media moguls, they were gathered to haul away employees who had just gotten pink slips, sources told The Post. …
-
Comcast said its second-quarter revenue slumped 12 percent as the impact of the coronavirus squeezed its NBCUniversal entertainment division. The Philadelphia-based cable-TV giant had some bright spots in the quarter — namely an uptick in internet customers and the launch of streaming service Peacock, which has garnered 10 million sign-ups since April, even as cord-cutting …
-
The axe is about to fall at media giant NBCUniversal to offset losses brought on by the coronavirus pandemic, The Post has learned. The New York-based broadcaster, home to “This Is Us” and “The Tonight Show Starring Jimmy Fallon,” is preparing broad-based layoffs that will hit its network employees especially hard, sources said. The scale …
-
NBCUniversal’s Peacock streaming service is set to launch Wednesday, and it’s facing more than a few hurdles. The new video platform is banking on a cheap price that’s supported by ads as well as a catalog of shows like “30 Rock” and “The Office.” But it joins an already crowded landscape with well-established rivals like …
-
Comedian-turned-media mogul, Byron Allen and Comcast settled their long-running racial discrimination lawsuit that went all the way to the Supreme Court over the cable giant’s decision to not air Allen’s cable channels. On Thursday, Comcast agreed to carry three of Allen’s seven cable channels — Comedy.TV, Recipe.TV and JusticeCentral.TV. The pact also amended the terms …
-
NBCUniversal is slashing salaries because of the coronavirus, a day after the broadcasting giant’s surprise ouster of NBC News chairman Andy Lack. In response to the financial fallout from the coronavirus pandemic, NBCU is cutting the pay of its senior management by 20 percent and rolling back pay increases for employees making more than $100,000, …
-
Cable giant Comcast reported nearly a 40 percent dip in first-quarter profit Thursday as the economic fallout from the coronavirus hit NBCUniversal’s theme parks and film divisions. Comcast shares fell over 5 percent in early-market trading after the company said during its earnings call that it would lose about $500 million if theme parks remained …
-
Universal Pictures’ bet to release kids movie “Trolls World Tour” directly to video-streaming services during the coronavirus lockdown has spurred a surprise windfall — and it could be bad news for movie theaters, according to a report. Last month, in the days before the nation’s movie theaters were closing down, executives at Universal Pictures parent …