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Comcast Corp - CMCSA STOCK NEWS

Welcome to our dedicated page for Comcast news (Ticker: CMCSA), a resource for investors and traders seeking the latest updates and insights on Comcast stock.

Comcast Corporation, headquartered in Philadelphia, is the largest American multinational telecommunications and media conglomerate. With a core cable business servicing 63 million US homes and businesses, Comcast also owns NBCUniversal, Sky, CNBC, MSNBC, USA, Universal Studios, and more. Recently, Comcast announced a $1 million grant to The Arc of the United States to enhance digital equity and advocate for the IDD community.

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Universal Filmed Entertainment Group's GreenerLight Program, launched in 2023, aims to embed sustainability across filmmaking. Abigail, one of the first films in this initiative, focused on sustainable practices during its 2023 filming in Dublin, Ireland. With support from Screen Ireland, the team consolidated production at the Glenmaroon House, reducing emissions and using hybrid generators. They also donated leftover materials and replaced plastic props with reusable alternatives. The film featured GreenerLight branding in its credits to inspire industry-wide adoption of sustainable practices.

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Comcast Advertising and TransUnion announced a new partnership aimed at enhancing addressable TV advertising. This collaboration will integrate TransUnion's identity graph with Comcast's audience data, covering nearly 32 million households. The agreement aims to help advertisers create advanced audience segments to target with greater precision. Addressable TV advertising is highlighted as a solution for improving reach, with Comcast claiming that 1 in 3 target households would not be reached through traditional TV alone. This integration ensures consumer privacy while providing actionable customer profiles to improve advertising effectiveness.

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Comcast NBCUniversal celebrated Military Spouse Appreciation Day by honoring military spouses' sacrifices and contributions. The company highlighted the stories of three influential figures: Ami Camara, the first Military Spouse Hiring Our Heroes Fellow who is now a Customer Project Manager; Mona Dexter, Vice President of Military and Veteran Affairs, advocating for military spouse employment; and Lucy Bustamante, an Emmy-winning journalist advocating for veterans and their families. Comcast promotes inclusivity through various programs like the Military Spouse Transfer Assistance and Military Concierge service, underscoring its commitment to supporting military families.

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Effectv, the sales division of Comcast Advertising, has expanded its Audience Addressable solution to assist regional and local advertisers in delivering targeted, multiscreen TV campaigns. This solution uses Comcast's deterministic data and authenticated audiences, offering reliable identity matching and accurate campaign delivery across linear, VOD, and streaming platforms. The capability is valuable for political and auto advertisers aiming for precise audience targeting. The solution ensures efficient campaigns with wasted impressions and ad spend, particularly benefiting political advertisers for down-ballot elections and voter targeting.

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Sky has signed a 10-year agreement with Octopus Renewables Infrastructure Trust to source renewable energy from the Crossdykes Wind Farm in Lanarkshire, Scotland. Starting in 2025, Sky will receive 100 GWh annually, approximately 69% of the total power generated by the 46 MW wind farm. This amount of energy is equivalent to the annual electricity use of around 34,000 UK homes. The agreement supports Sky's ongoing commitment to reducing its environmental impact and sourcing renewable energy. Fiona Ball, Group Director of the Bigger Picture and Sustainability at Sky, emphasized the company's dedication to decarbonizing its operations and using its influence to promote sustainability in the media sector and the UK. Phil Austin, Chairman of Octopus Renewables Infrastructure Trust, noted that such agreements are important for meeting decarbonization targets.

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Xumo, in collaboration with FASTMaster Consulting, has released the 2024 FAST Market Update report, highlighting the growing significance of free ad-supported streaming TV (FAST) in the entertainment industry. The report finds that FAST viewing during primetime rivals other major entertainment forms like gaming, social media, and cable TV. 70% of FAST users report they can always find something to watch, with the average viewer spending 1 hour and 40 minutes on FAST channels in the evening.

Key demographics include a younger, more diverse audience, with 58% of viewers aged 18-44, and higher representation among Black (20%) and Latino (23%) viewers compared to the general U.S. population. Pay TV customers are also significant FAST users, with 47% reporting regular viewership. The report dispels myths about FAST viewers being less desirable for advertisers and emphasizes its importance for marketers aiming to maximize reach.

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FreeWheel and MediaScience have released a report from the Viewer Experience Lab, focusing on how ad experiences impact viewer enjoyment. The study reveals that while ads themselves do not harm program enjoyment, poor ad experiences such as latency, unnatural ad breaks, and slates negatively affect brand perception and recall. Nearly 80% of viewers are bothered by latency, and 71% are disturbed by unnatural ad breaks. The research emphasizes the need for the advertising industry to improve the viewer experience with tools to manage ad frequency and reduce blank ads. The report aims to help brands connect with audiences more effectively.

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Comcast NBCUniversal is celebrating Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month in May 2024.

This year, Xfinity customers can access thousands of hours of curated Asian and Asian American entertainment through Xfinity On Demand. The editorial theme 'Ascend' highlights award-winning shows and films featuring Asian talent. Esteemed guests like Lee Sung Jin and Sarayu Blue contribute to the curated content.

Comcast partners with organizations like Gold House and CAAM to offer exclusive content and recognition to cultural leaders. The 'Free this Week' initiative provides additional free content from top streaming services.

Furthermore, Comcast Newsmakers will feature interviews with AANHPI community champions focusing on education and leadership. NBCUniversal's 'AANHPI Amplified' campaign will highlight powerful contributions from the AANHPI community across its brand portfolio.

Comcast's Project UP initiative is also advancing digital equity for AANHPI communities, partnering with local nonprofits to enhance digital literacy and accessibility.

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Comcast Business has launched new, more affordable mobile plans for its existing internet customers, aiming to offer greater value and performance for small businesses. These plans include flexible data options, including unlimited data and nationwide 5G coverage. The plans also offer the benefit of calls, texts, and roaming within the U.S. and to/from Canada and Mexico without extra charges. Additionally, Comcast Business Mobile customers gain access to WiFi Boost, leveraging Comcast's vast WiFi network for enhanced on-the-go connectivity. The offering aligns with Comcast's commitment to providing reliable, advanced connectivity solutions, backed by a network boasting 99.9% reliability and comprehensive cybersecurity measures. These new plans are available exclusively to Comcast Business Internet customers across Comcast's service areas.

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Comcast has announced a new streaming bundle called Xfinity StreamSaver, available to its Internet and TV customers nationwide for $15 per month.

This bundle includes subscriptions to Netflix Standard with ads, Peacock Premium, and Apple TV+, offering customers a combined savings of over 30%, or nearly $100 annually.

The offering aims to provide top-tier entertainment and live sports, with access to popular shows and major sports events.

Customers can also combine StreamSaver with NOW TV for a total of $30 per month, gaining access to 40+ additional live TV channels.

StreamSaver will be accessible via Comcast's Entertainment OS platform and various streaming devices.

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FAQ

What is the current stock price of Comcast (CMCSA)?

The current stock price of Comcast (CMCSA) is $38.4 as of December 24, 2024.

What is the market cap of Comcast (CMCSA)?

The market cap of Comcast (CMCSA) is approximately 146.9B.

What is Comcast Corporation known for?

Comcast Corporation is the largest American multinational telecommunications and media conglomerate, offering television, internet, and phone services to millions of US homes and businesses.

What are some of Comcast's key acquisitions?

Comcast acquired NBCUniversal from General Electric in 2011 and Sky in 2018, making it a major player in the media and entertainment industry.

What recent initiative did Comcast announce with The Arc of the United States?

Comcast recently announced a $1 million grant to The Arc to enhance digital equity, support special education advocacy, and provide Spanish-speaking families access to resources.

How does Comcast support the IDD community?

Comcast supports the IDD community through initiatives like The Arc@School Special Education Advocacy Curriculum, Tech Coaching Centers, and targeted outreach to Hispanic communities.

What impact does Comcast's $1 million grant to The Arc have?

The grant will help The Arc enhance its data infrastructure, digital literacy programs, advocacy efforts, and support for Spanish-speaking families, empowering millions of people with disabilities across America.

What is Comcast's vision for digital equity?

Comcast's vision for digital equity is to ensure all individuals, including those with disabilities, have access to technology, skills training, and opportunities for independence and success.

How does Comcast collaborate with The Arc of the United States?

Comcast collaborates with The Arc to provide grants, translate educational resources into Spanish, conduct outreach to Hispanic communities, and support Tech Coaching Centers for people with IDD.

What is the significance of Comcast's partnership with The Arc?

Comcast's partnership with The Arc aims to break down barriers, create equity, and empower individuals with disabilities to thrive by providing access to education, technology, and advocacy.

How does Comcast contribute to social impact and corporate responsibility?

Comcast demonstrates social impact and corporate responsibility through initiatives like Project UP, which aims to advance digital equity, support the IDD community, and create a future of unlimited possibilities.

What are some key highlights of Comcast's recent activities?

Some key highlights of Comcast's recent activities include the $1 million grant to The Arc, support for Tech Coaching Centers, advocacy for special education, and empowering individuals with disabilities through technology and resources.

Comcast Corp

Nasdaq:CMCSA

CMCSA Rankings

CMCSA Stock Data

146.94B
3.79B
0.7%
87.35%
1.51%
Telecom Services
Cable & Other Pay Television Services
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United States of America
PHILADELPHIA