Why Amazon’s Digital Ad Revenues Could Surge
While Alphabet’s (GOOG) Google and social-media giant Facebook (FB) currently hog most of the US digital ad revenues, this situation could change soon.
In Comcast’s (CMCSA) 3Q17 financial results, its EBITDA rose 5% YoY (year-over-year) to $7.2 billion.
Comcast’s (CMSCA) filmed entertainment unit, which is part of its NBCUniversal segment, reported ~$1.8 billion in revenues in 3Q17.
Comcast (CMCSA) ended 3Q17 with long-term debt of $59.7 billion, compared with $55.6 billion in 3Q16.
Comcast (CMCSA) continues to enhance shareholders returns through huge share buybacks.
In August 2017, media conglomerate Comcast (CMCSA) entered an agreement with one of the leading residential solar power operators in the US, Sunrun (RUN).
In order to boost its small business clients, Comcast is enhancing its voice service portfolio by launching a cloud-based phone service, VoiceEdge Select.
Leading media and cable operator Comcast (CMCSA) is driving its Xfinity TV app by teaming up with leading TV manufacturers.
In 3Q17, Comcast’s Business Services segment generated revenues of $1.6 billion, which rose 12.6% year-over-year.
After a period of contentious and closely watched negotiations, Walt Disney (DIS) and Altice USA (ATUS) finally reached a multiyear programming agreement.
Comcast (CMCSA) recently announced the expansion of its DOCSIS 3.1-based Internet service to more footprint regions across the US (SPY).
Amazon (AMZN) announced that it is moving its film team from its current location in Santa Monica to the iconic Culver Studios in Culver City.
In 2016, AT&T (T) agreed to spend $85.4 billion to purchase media giant Time Warner (TWX).
Recent news reports indicate that Disney (DIS), Comcast, Verizon, and Sony (SNE) showed interest in buying some of 21st Century Fox’s (FOX) (FOXA) film and television assets.
The sale of CME assets is partly linked to a need to raise funds to repay the operation’s debt. CME is carrying more than $1.0 billion in debt.
Walt Disney (DIS) recently disagreed with the Los Angeles Times after the newspaper ran an investigative series that Disney considered unfair.
After the US government sued to block their merger proposal, AT&T (T) and Time Warner (TWX) decided to extend the termination date of their merger agreement by several months.
In fiscal 2017, Fox’s studio business brought in $8.2 billion in revenues and ~$1.1 billion in operating profits.
Twenty-First Century Fox (FOX) reported operating expenses, including the cost of revenues, of ~$5.7 billion in 1Q18, compared with less than $5.3 billion in fiscal 1Q17.
According to industry reports, Walt Disney (DIS) Comcast (CMCSA), and Verizon (VZ) are among the companies that expressed interest in bidding on 21st Century Fox’s entertainment assets.