Comcast Corp - CMCSA STOCK NEWS

Comcast (CMCSA) has opened a new Xfinity Store in Kentwood, its third in the Grand Rapids metropolitan area. The 3,500 square foot retail location offers Xfinity and Comcast Business products and services. This expansion is part of Comcast's commitment to provide direct access to in-person retail spaces for customers.

The store showcases the latest savings and service bundles, including the new StreamSaver app bundle starting at $15 per month for Xfinity customers. Comcast has invested over $16 million in cash and in-kind contributions to support community events and nonprofit organizations across Michigan in the last three years.

Comcast has unveiled enhanced 4K for Xfinity X1, a groundbreaking viewing experience debuting for the Paris Olympics. This technology combines 4K video at the highest bitrate, Dolby Vision HDR, Dolby Atmos audio, and ultra-low latency. Available on USA Network's 24/7 coverage, it offers viewers an unparalleled Olympic experience.

The X1 platform will feature a comprehensive Olympics destination, accessible by voice command, with personalized content, an interactive event schedule, and new features like Catch-Up Highlights and Team Comcast Profiles. Xfinity Stream app users can now enjoy 4K, Dolby Vision, and Dolby Atmos on compatible devices. The Xfinity Sports Zone App will include Odds Zone for select Olympic sports.

Comcast NBCUniversal LIFT Labs and Comcast RISE have launched 'Culture Capital', a three-part docuseries showcasing nine diverse entrepreneurs, now available on Comcast's Black Experience on Xfinity channel, Peacock, and Xumo Play. Hosted by Felecia Hatcher, CEO of Black Ambition Prize, the series highlights the journeys of founders of color in creating competitive businesses.

The docuseries features entrepreneurs from various industries, including restaurant owners, tech founders, and community space creators. It aims to empower viewers by demonstrating the power of ideas and the drive needed to bring them to life. The series is part of Comcast's commitment to diversity and inclusion, representing opportunities essential for creating an equitable entrepreneurial ecosystem.

NBCUniversal's Creative Impact Lab has partnered with the Challenged Athletes Foundation (CAF) and Venice Arts to create a national TV spot featuring Paralympic hopeful Derek Loccident. The 30-second PSA, produced by Venice Arts apprentices with guidance from NBCUniversal volunteers, will air during NBCU's Olympic and Paralympic promotional window, reaching millions of homes.

The Creative Impact Lab, launched in 2022, empowers diverse creators while highlighting nonprofit impact. Derek Loccident, a former collegiate football player who lost his left foot, transitioned to track & field with support from CAF and Össur. The PSA aims to inspire others and showcase CAF's mission. NBCUniversal plans to provide the most comprehensive coverage of the Paralympics in U.S. media history for the Paris 2024 Games.

Comcast and the U.S. Conference of Mayors (USCM) announced the winners of the Talent for Tomorrow: Digital Equity Challenge grant awards program. Ten cities across three categories will receive grants to expand digital training programs and close the skills gap. Small cities (Kinston, NC; Michigan City, IN; White Plains, NY; York, PA) will receive $75,000 each. Medium-sized cities (Cleveland, OH; Little Rock, AR; Richmond, VA) will get $150,000 each. Large cities (Charlotte, NC; Los Angeles, CA; Portland, OR) will receive $250,000 each.

The initiative, part of Comcast's Project UP, aims to support workforce programs that enhance college and career readiness, advance economic mobility, and build generational wealth in under-resourced communities. Projects focus on digital literacy, skills development, and innovative technology solutions to address local needs and foster economic growth.

Universal Pictures' latest film, 'The Fall Guy,' directed by Colt Seavers, has received the Environmental Media Association Gold Seal for its sustainable production practices. Key initiatives included the use of an electric Hummer from GMC for major scenes, a hybrid basecamp generator cutting diesel usage by 75%, and energy-efficient LED lighting. Additionally, 1,400 meals were donated through Oz Harvest, and over 15 metric tons of set materials and props were distributed to local charities. Executive Producer Kelly McCormick emphasized the film industry's role in promoting sustainability. The project aligns with Universal's GreenerLight program, enhancing sustainability throughout filmmaking.

Comcast recently celebrated its fifth annual Diversity, Equity, and Inclusion (DE&I) Day, emphasizing its long-standing commitment to fostering an inclusive workplace. The event, which drew tens of thousands of participants worldwide, featured a keynote from Academy Award-nominated Taraji P. Henson. This year's theme, 'Allyship in Action,' highlighted practical steps employees can take to support inclusivity. Comcast has made continuous learning and open-mindedness central to its DE&I initiatives, aiming to create a culture where all employees feel valued and respected.

Comcast's Xfinity Mobile and NOW Mobile are celebrating the fourth annual 'Break Free From The Big Three Day' with significant savings and new Samsung devices. New and existing Xfinity Mobile customers can get up to $800 off on pre-orders of Samsung Galaxy Z Fold6 and Galaxy Z Flip6. Xfinity Mobile, available to Xfinity Internet customers, offers a free second line of Unlimited for a year with the purchase of the first line. NOW Mobile, bundled with NOW Internet, provides flexible, contract-free packages starting at $55 per month. In addition, Xfinity StreamSaver offers a $15 streaming bundle, including Peacock, Netflix, and Apple TV+. The promotions aim to provide affordable and flexible mobile and entertainment services, leveraging Xfinity's extensive 5G and WiFi networks.

Comcast has announced a significant reduction in the electricity required to deliver data across its network by 40% since 2019, owing to its shift to virtualized, cloud-based technologies. This network transformation enables faster broadband speeds and greater reliability with less equipment and energy usage, contributing to Comcast's goal of carbon neutrality by 2035. Electricity consumption per terabyte (TB) of data has decreased from 18.4 kWh in 2019 to 11.0 kWh in 2023. Collaborations with business partners like Hewlett Packard Enterprise are pivotal in this shift, promoting sustainable, energy-efficient innovations.