Comcast
Coverage of Comcast in the Nexus archive.
- A ballot fight over corporate money in Michigan politics is coming to voters
Michiganders for Money Out of Politics submitted a ballot proposal aimed at upending campaign finance in Michigan elections. If passed, the initiative would prohibit companies with over $250,000 in annual state contracts and regulated utilities from political spending. This effort represents a pivot to a ballot measure after previous legislative attempts failed.
- Westland man caught sharing explicit videos of children on Instagram, feds say
A man named Peter Caleb-Anthony Qaoud of Westland was investigated by the FBI after receiving an anonymous tip alleging he had been blackmailing people, including minors, on social media platforms. The federal investigation led to a cybertip found via NCMEC databases and provided evidence of explicit chats and videos involving a minor. Qaoud was arrested and indicted for Receipt of Child Pornography and Possession of Child Pornography.
- A ballot fight over corporate money in Michigan politics is coming to voters
Michiganders for Money Out of Politics submitted signatures for a ballot initiative slated for the November 2026 election to reform campaign finance in Michigan. If passed, the proposal would ban companies with over $250,000 in annual state government contracts and regulated utilities from political spending. The effort aims to curb outside corporate spending that currently dominates Michigan elections.
- Versant Media Group raised its full-year outlook as digital brands offset pay TV slide
Versant Media Group raised its full-year outlook because digital brands offset a slide in pay TV. Furthermore, the cable network spinoff from Comcast beat Wall Street estimates on earnings per share and revenue during the second quarter.
- Comcast Pulls AI Ad After Blackburn Accuses Dark Money PAC of Defamation
Comcast withdrew an AI-generated ad accusing Senator Marsha Blackburn of accepting bribes from Big Pharma, following legal threats from her attorneys. The ad, produced by a dark-money PAC, uses AI to depict Blackburn as complicit in pharmaceutical industry corruption, prompting demands to cease distribution and potential legal action.
- Peacock streaming service finally turns a profit as Comcast moves to spin off NBCUniversal
Peacock streaming service has achieved its first profit, driven by increased viewership from the World Cup and 'Love Island.' Comcast is planning to spin off NBCUniversal, which owns Peacock.
- Comcast earnings highlight NBCUniversal strength ahead of planned split
Comcast announced a split of its cable and media businesses into two separate publicly traded companies. The earnings highlighted NBCUniversal's strength ahead of this planned separation.
- Comcast: Q2 Earnings Snapshot
Comcast Corp. reported second-quarter net income of $3.53 billion with earnings of 99 cents per share, surpassing Wall Street expectations. The company's revenue reached $29.94 billion, exceeding forecasts of $29.18 billion.
- Miami, Hollywood thefts lead police to recover bike at North Miami home
A medical student in Hollywood and another individual in Miami had their motorcycles stolen by suspects using a white van with a Comcast sticker. Police recovered one of the bikes in North Miami, but no arrests were made. The stolen motorcycles were linked through the van's license plate.
- Comcast has been eyeing acquisition of cable rival Charter — why it hasn’t pulled the trigger yet
Comcast is considering acquiring cable competitor Charter to expand its market reach, as combining operations in different regions aligns with strategic competition goals. However, the acquisition has not been finalized yet.
- Comcast's Sky to buy Britain's ITV in $2.1 billion deal
Comcast's Sky unit has agreed to acquire Britain's ITV in a $2.1 billion deal. This follows Comcast's recent announcement to separate its NBCUniversal and Sky units into a new public company.
- Comcast buys the UK's biggest commercial broadcaster, ITV
Comcast subsidiary Sky plans to acquire ITV, the UK's largest commercial broadcaster.
- Sky agrees to buy British broadcaster ITV for up $2.1 billion to compete with streaming giants
Sky, owned by Comcast, agreed to acquire ITV's media and entertainment arm for up to $2.1 billion to form a competitor to global streaming platforms. The deal includes ITV's terrestrial TV channels and streaming service, while ITV Studios remains independent. The combined entity will become part of NBCUniversal after Comcast's split.
- Sky agrees to buy British broadcaster ITV for up $2.1 billion to compete with streaming giants
Sky, owned by Comcast, agreed to acquire ITV's media and entertainment arm for up to $2.1 billion to create a major competitor to global streaming platforms. The deal includes ITV's terrestrial TV channels and streaming service, while ITV Studios will remain independent. The combined entity will become part of NBCUniversal after Comcast's split.
- Sky agrees to buy British broadcaster ITV for up $2.1 billion to compete with streaming giants
Sky, the UK-based TV, internet and mobile phone provider owned by Comcast, has agreed to buy ITV’s media and entertainment arm for up to $2.1 billion to compete with streaming giants.
- Just a week after spin-off plan, Comcast says it will buy British broadcaster
Comcast announced plans to spin off NBCUniversal and simultaneously revealed the purchase of a British broadcaster.
- Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
Sky, owned by US telecoms company Comcast, has agreed to a £1.6bn deal to acquire ITV’s broadcasting and streaming arm, including free-to-air TV channels and the ITVX platform. The transaction includes an initial £1.2bn cash payment and up to £200m additional payment in 2028 based on 2027 advertising revenues.
- Comcast’s CEO just kicked off what could become an M&A feeding frenzy for the ages
Comcast’s CEO, Brian Roberts, has initiated potential major mergers and acquisitions activity. The article notes that Roberts was previously seen as an also-ran during the Warner Bros. Discovery competition.
- Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
President Trump's investment portfolio traded media stocks like Comcast and Warner Bros. Discovery in 2025 despite his public silence on them this year. His portfolio included Apple, Nvidia, Boeing, Meta, Disney, and others, with Comcast being the second-most traded. Regulatory scrutiny of Comcast's spinoff and past criticisms of its leadership by Trump are highlighted.
- Comcast and NBCUniversal will go it alone. But for how long?
Comcast announced plans to split off NBCUniversal, creating two independent entities. However, Wall Street analysts question whether either company will remain independent for an extended period.
- Will the Comcast-NBCU spinoff pay off for investors? Here’s what history has to say.
Comcast plans to separate its cable and broadband business from NBCUniversal, claiming it will unlock value for both. However, historical data shows media spinoffs have led to mixed outcomes for investors.
- The AI age is missing its phone company
The article draws parallels between the AI industry's current focus on content (LLMs) and past media/tech sectors, arguing that the AI revolution lacks a dedicated 'phone company'-style distribution network. It highlights how companies like OpenAI, Google, and Anthropic are attempting to control both content and distribution through apps/APIs, while existing firms like Comcast are reverting to core distribution roles. Anthropic recently acquired dev tools company Stainless to build AI distribution infrastructure.
- Netflix could turn NBC into its biggest bet yet — and this time, the math actually works
Netflix may pursue NBCUniversal after losing the bid for Warner Brothers Discovery, as NBCUniversal's higher revenue, theme parks, and sports rights make it a more synergistic acquisition. The potential deal could align with Netflix's expansion beyond streaming and leverage NBCUniversal's strong assets.
- Comcast’s ‘amicable divorce’ is latest episode in Hollywood drama
Comcast's 'amicable divorce' with NBCUniversal has sparked discussions about potential future deals in the media and entertainment industry. The split is seen as part of ongoing consolidation in the sector.
- Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
Comcast plans to split into two public companies by spinning off NBCUniversal and Sky. The remaining Comcast entity will continue providing internet services to residential and business customers.
- South Korea bets big on AI with nearly a trillion dollars in investment
South Korea is investing nearly a trillion dollars in AI through 2029. Comcast plans to spin off NBCUniversal into a separate publicly traded company. France has introduced a new law targeting Shein, Temu, and AliExpress.
- Comcast's NBCUniversal spinoff raises hope for more deals. There may not be good options
Comcast plans to separate its cable and media divisions over the next year. This could set each company up for M&A, but there might not be any good options.
- Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
Comcast plans to split into two publicly-traded companies: one focusing on media (including NBCUniversal and Sky) and another on broadband and wireless services. The split aims to allow each business to pursue growth independently, with completion expected in about a year pending approvals. Executives stated the move is not a step toward potential strategic transactions.
- Charter Junk Bonds, CDS See Record Moves on Bets of Comcast Deal
Charter's junk bonds and credit default swaps (CDS) experienced record movements due to speculation surrounding a Comcast deal. The article mentions Comcast Corp.'s headquarters in Philadelphia.
- Roundup: First Tuesday volunteers / Hybrid sales surge / Comcast splits
Over 200 volunteers from Greater Baton Rouge businesses will assist The Emerge School for Autism in campus improvements. Hybrid vehicle sales have surged as federal EV incentives ended, prompting automakers to shift production. Comcast plans to split into two publicly traded companies, separating its media and telecom operations.
- Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
Comcast plans to split itself into two separate publicly traded companies by spinning off NBCUniversal and Sky.
- Comcast is cutting NBCUniversal loose. Netflix, Apple, and Amazon might want to look.
Comcast is splitting into two companies, spinning out its NBCUniversal entertainment business, which includes Peacock, a film and TV studio, and theme parks. The move reflects a broader trend where combining broadband distribution with media content has proven unsuccessful, as seen in past attempts by companies like Time Warner and AT&T.
- US stocks rise and recover some of their losses from a rare losing week
U.S. stocks rose, recovering from a rare losing week, with Big Tech leading gains. The S&P 500 and Nasdaq climbed, driven by AI industry stocks like Nvidia and Broadcom after Samsung and SK Hynix announced a $518 billion South Korean chipmaking investment. SpaceX and Comcast also saw significant gains.
- Comcast to split into two companies
Comcast will split into two publicly traded companies, separating its broadband and wireless business from NBCUniversal and Sky. The split will take about a year, with Comcast retaining a 19% stake in NBCUniversal. Mike Cavanagh will lead NBCUniversal, while Michael Angelakis will oversee the new Comcast entity.
- Read the memo Comcast sent employees about its plans to spin off its media business
Comcast announced plans to split its media and tech businesses into separate publicly traded companies, citing strong business prospects and leadership. The company shared a memo with employees outlining the new structure, with Mike Cavanagh leading NBCUniversal and Sky, and Michael Angelakis set to become CEO of the new company. Shares rose 25% in premarket trading following the announcement.
- Markets on Wall Street poised to open higher; oil prices rise as U.S.-Iran tensions escalate
U.S. stock futures rose as tensions between the U.S. and Iran escalated, with oil prices increasing due to attacks in the Strait of Hormuz. President Trump mentioned Iran requested a meeting, but Iranian officials denied it. Comcast announced a split into two companies, and global markets tracked developments in the region and corporate updates.
- Comcast is spinning off NBCUniversal and Sky as its stock soars
Comcast is spinning off NBCUniversal and Sky, creating two independent companies focused on broadband and wireless, and media and entertainment. The company's stock is rising following the announcement.
- Comcast plans to split into two companies, will spinoff NBC and Sky
Comcast plans to split into two companies and spinoff NBC and Sky. The transaction is expected to close in about a year, subject to regulatory and board approval.
- Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
Comcast plans to split into two publicly traded companies by spinning off NBCUniversal and Sky. The separation aims to let each entity pursue strategic priorities and create shareholder value, with Mike Cavanagh leading NBCUniversal and Michael Angelakis becoming CEO of the new Comcast. Shareholders will own shares in both companies after the transaction, expected to complete in about a year.
- Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
Comcast plans to split into two publicly traded companies by spinning off NBCUniversal and Sky. The separation will create two distinct public entities.