Comcast’s agreement with Disney
Comcast (CMCSA) offers its video services under the Xfinity brand. The company is also bringing new content to its Xfinity On Demand transactional store.
Early this month, Comcast announced that it had entered into a content licensing agreement with the Walt Disney Company (DIS) and would offer a selection of movie titles through the Xfinity On Demand digital store. This digital library collection will include content from Walt Disney Animation Studios, Disney’s Pixar and Marvel Studios, Lucasfilm, Disneynature, and Touchstone Pictures.
According to the terms of the agreement, Comcast Xfinity customers will also be able to buy the latest blockbuster from the Disney stable, Star Wars: The Force Awakens, from the Xfinity On Demand digital store. Comcast launched the Xfinity On Demand digital store in 2013. This digital store also has content from 21st Century Fox (FOXA) and Viacom’s (VIAB) Paramount.
Comcast’s agreement with Disney will also mean that Comcast will be a participating retailer for Disney Movies Anywhere, with an official launch date yet to be announced. The press release states, “Disney Movies Anywhere is a cloud-based digital locker that allows consumers to buy their favorite Disney, Pixar, Marvel and Star Wars movies anywhere, and watch them across numerous devices and platforms.”
Comcast Cable in 4Q15
Comcast Cable had a strong performance in 4Q15 and 2015. Its Cable Communications business had revenue of $12 billion in 4Q15, growth of 5.9% over 4Q14. Revenue growth was primarily driven by an increase in two-product and three-product customers for the company’s Triple Play package, which includes voice, video, and high-speed Internet services.
In 2015, Comcast’s Cable Communications business had revenue of $46.9 billion, a rise of 6.2% year-over-year.
Comcast makes up 2.8% of the PowerShares QQQ ETF (QQQ). For an investor interested in getting exposure to the computers sector, QQQ has 12% exposure to the sector.