Comcast Corp - CMCSA STOCK NEWS

Comcast Business has launched an innovative collaboration in Chicago, blending technology and art. The company has partnered with four local artists to create four larger-than-life smartphone statues in key neighborhoods across the city. These nine-foot-tall mobile statues will be displayed from September 19th to October 10, 2024, in Lincoln Park, Pilsen, The Loop, and Hyde Park.

This initiative aims to highlight the importance of mobile technologies in today's business market while celebrating Chicago's vibrant arts scene. Comcast Business is also running a sweepstakes for businesses in the Greater Chicago Region, offering $10,000 in prizes. The winners will be announced on November 4, 2024.

The project underscores Comcast Business's commitment to technological innovation and community engagement. Since 2011, the company has invested $191 million in cash and in-kind donations to community-based organizations in Chicago.

Comcast (CMCSA) has announced its plans to host a conference call with the financial community on Thursday, October 31, 2024, at 8:30 a.m. Eastern Time. The call will focus on discussing the company's financial results for the third quarter of 2024. Comcast will release a press release detailing these results earlier on the same morning. Investors and interested parties can access the live broadcast of the conference call through Comcast's Investor Relations website at www.cmcsa.com. For those unable to attend the live call, a replay will be made available starting at 11:30 a.m. ET on October 31, 2024, also on the Investor Relations website.

Parks Associates' new research, Scaling Connectivity for Multifamily Properties, reveals significant challenges in maintaining reliable Wi-Fi connections in older multifamily properties. The study shows that 82% of properties 10+ years old report difficulties, compared to only 13% of newer properties. This white paper, developed with Xfinity Communities, highlights the importance of next-gen managed Wi-Fi solutions for older MDUs (multidwelling units) facing infrastructure barriers.

Key findings include:

• Lack of suitable pre-existing networking infrastructure is a top barrier for IoT deployment in MDUs
• Many properties don't own the wiring infrastructure, making new connectivity deployments costly or unfeasible
• Older properties are less likely to offer smart amenities due to infrastructure challenges

The research emphasizes that robust, property-wide connectivity is important for modern multifamily living and remaining competitive in the rental market. Investing in internet infrastructure can provide new revenues, improve resident experiences, and simplify property management operations.

Comcast Advertising has appointed Scott Weisenthal as the new Head of Global Marketing and Insights. With over 20 years of experience, Weisenthal will oversee global marketing and brand strategy for Comcast Advertising, including its divisions Effectv and FreeWheel. His responsibilities encompass brand management, social marketing, insights and analytics, events, and creative design and execution.

Weisenthal joins from Major League Baseball, where he was Senior Vice President of Global Marketing. His previous roles include leadership positions at the Washington Post, Marriott International, and NBCUniversal. James Rooke, President of Comcast Advertising, emphasized Weisenthal's valuable experience in addressing marketers' challenges and supporting the company's mission to grow a healthy premium video ecosystem.

Comcast (NASDAQ: CMCSA) has announced the launch of The Network, a new free, ad-supported streaming app, across its entertainment platforms including Xfinity X1, Flex, Xumo Stream Box, and Xumo TV. In partnership with actor John Leguizamo, The Network will offer exclusive original content, starting with the premium series 'The Green Veil'. To celebrate Hispanic Heritage Month, Xfinity will provide a special one-month ad-free experience of 'The Green Veil' from September 16th to October 15th.

The Network aims to streamline the streaming experience by offering a curated selection of high-quality originals. This initiative aligns with Comcast's commitment to providing diverse programming and capitalizing on the growing Hispanic market, which accounts for 24% of box office ticket sales and streaming subscribers in the US.

Comcast (CMCSA) has announced the distribution of The Network, a new free, ad-supported streaming app, across its entertainment platforms including Xfinity X1, Flex, Xumo Stream Box, and Xumo TV. In partnership with actor John Leguizamo and in honor of Hispanic Heritage Month, Xfinity will offer customers a special one-month ad-free experience of The Network's premium original series 'The Green Veil' from September 16th to October 15th.

The Network, launched by Aram Rappaport with Leguizamo as an equity partner, aims to declutter the streaming experience by offering a select number of premium originals. The platform has grown to over 1 million users in its first 100 days. This partnership highlights Xfinity's commitment to providing diverse content and follows the recent launch of NOWTV Latino, which offers Hispanic entertainment to customers.

NBCUniversal's The More You Know campaign celebrates its 35th anniversary with new content featuring 40 stars from across NBCU's portfolio. The campaign addresses timely issues through 19 PSAs and social videos, covering topics like mentorship, mental health, kindness, staying active, caregiving, and voting.

Highlights include Cynthia Erivo and Ariana Grande from Universal Pictures' Wicked starring in a PSA about sisterhood, and a conversation on Peacock about mentorship with Jabari Banks and Adrian Holmes from Bel-Air. The campaign will run across Comcast and NBCUniversal platforms, with three voting-themed PSAs debuting for National Voter Registration Day on September 17.

Comcast has announced a $35 million commitment to support hundreds of community organizations in 2024, aimed at training the 'Team of Tomorrow' by providing access to opportunities, technology, and digital skills. This investment, part of Comcast's Project UP initiative, coincides with the Paris 2024 Olympic and Paralympic Games and focuses on bridging the digital skills gap in lower-income communities and communities of color.

The funding will support various nonprofit partners working in research, digital skills training, entrepreneurship, and creativity. Key partners include Jobs for the Future, Per Scholas, 2Gether-International, BUILD.org, Wide Angle Youth Media, and NBCU Academy. Comcast's goal is to create economic mobility for future generations by addressing the skills and opportunity gap in communities across the United States.

FreeWheel, a global TV technology platform, announced record-breaking results from powering advertising for the 2024 Paris Olympics. The company served a record number of ads and programmatic impressions for a live event, helping NBCUniversal increase participating advertisers by 90%. This contributed to NBCU's record ad revenue for the Olympics, which reached a daily average of 30.4 million viewers, an 82% increase from the Tokyo Olympics.

Key achievements include:

• 23.5 billion minutes of Olympics coverage streamed, led by Peacock
• Highest advertising revenue in Olympics history for NBCU
• Peak concurrency during Team USA Men's Basketball Final

FreeWheel and NBCU will continue their partnership for the upcoming NFL season, leveraging new live product capabilities to enhance programmatic transactions and expand advertiser diversity.