“Subscriber losses were 181,000, as the early traction we are seeing from our new initiatives was more than offset by continued competitive intensity,” Comcast CFO Jason Armstrong said during an ...

Comcast said its fourth quarter was crimped by losses of broadband customers, a less robust slate of Universal movies and broader losses at its Peacock streaming service as the company navigates ...

This is read by an automated voice. Please report any issues or inconsistencies here. Comcast officially spun off its cable channels, including CNBC and MS NOW, creating independent Versant Media ...

Net income attributable to Comcast for the three months ended December 31 was $2.17B, or $0.60 per share, compared to $4.78B, or $1.24 per share, for the same period last year, weighed down by a ...

Hundreds of homes in Greater Manchester and on Merseyside have been left without power due to problems with an underground cable. SP Electricity North West (ENW) said 289 properties in St Helens, 149 ...

Comcast has formally completed the spin-off of its cable television networks and related digital assets into a new publicly-traded company called Versant, which also had its Wall Street debut on ...

Jan 5 (Reuters) - Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such as USA Network and CNBC into a separate public company, as ...

Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57 on Monday. Executives led by CEO Mark Lazarus were on hand at the ...

Comcast’s spinoff of its cable assets is flopping, raising questions about the overall value of streaming giant Netflix’s “winning” bid for Warner Bros. Discovery, On The Money has learned. The ...