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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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Comcast Advertising has appointed Tony Sanchez as VP of Customer Experience. In this role, he will lead the division’s customer experience strategy and programs, including the Net Promoter System. Sanchez aims to innovate customer and employee experiences and collaborate with Comcast's Diversity, Equity and Inclusion teams. Previously, he was VP of Operations for the Customer Experience Product team and significantly contributed to the success of the Xfinity Assistant, which saw a 445% year-over-year increase in usage.

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On April 16, 2021, Comcast announced plans to launch 25 WiFi-connected "Lift Zones" in Connecticut to provide free internet access to low-income families. Currently, 13 sites are operational, while 12 are planned for late spring. These initiatives, in partnership with community organizations, aim to support students and families during the pandemic. The effort complements Comcast's Internet Essentials program, which has connected over 10 million low-income individuals since 2011, including 176,000 in Connecticut.

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Comcast has announced new 5G unlimited data options for its Xfinity Mobile service, priced at $30 per line for four lines, targeting competition with major carriers. The service combines nationwide 5G and over 20 million WiFi hotspots, leading to high customer satisfaction ratings. Pricing starts at $45 for one line, with discounts for multiple lines. Additionally, customers can get a free Motorola one 5G ace phone when adding a line. The offering aims to provide flexibility and significant savings of up to $400 annually for Xfinity Internet customers.

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FreeWheel, a Comcast Company, has introduced a pioneering technology that enables addressable video advertising on both digital and linear TV platforms. This innovation allows advertisers to utilize aggregated data for targeted campaigns from a unified platform. Currently in pilot with Comcast and Charter, it marks the industry's first comprehensive addressable audience targeting solution across all screens. The technology enhances advertisers' ability to reach specific audiences while improving measurement of campaign performance. FreeWheel plans to extend this offering to other MVPDs later this year.

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Comcast Business has announced enhancements to its ActiveCore SD-WAN solution, featuring AI and machine learning for improved network traffic management. These upgrades allow for application-level recognition and prioritization, streamlining the routing of network traffic for distributed workforces. The enhancements enable organizations to better support critical applications, improve network uptime, and deliver superior user experiences. Comcast Business has been a leader in SD-WAN technology since its partnership with Versa Networks in 2017, positioning itself as a key player in the enterprise market.

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Vevo has integrated with FreeWheel's Strata platform, providing local spot buyers access to Vevo's inventory. This partnership enables advertisers to reach approximately half of the U.S. population, particularly targeting younger, harder-to-reach audiences. With 150 million monthly viewers, Vevo's local market presence is unmatched. The integration streamlines local ad workflows, allowing for engaging music video content, thereby enhancing brand recall. Strata, trusted by over 1,100 agencies, optimizes campaign planning and execution across TV and video platforms.

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Comcast and Disney have launched Disney+ and ESPN+ on Xfinity, allowing X1 and Flex customers access to a wide range of content including films from Disney and live sports events. With this rollout, millions of customers can enjoy a seamless user experience, featuring popular series and thousands of live sports events. The integration of Disney+ and ESPN+ into Xfinity devices aims to enhance entertainment accessibility, coinciding with major upcoming events in sports and original programming. This move strengthens Comcast's position in the competitive streaming market.

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FreeWheel, a Comcast Company, has released the 10th anniversary edition of its U.S. Video Marketplace Report, highlighting viewer trends over the past decade. The analysis shows a drastic increase in connected TV usage, with CTV now representing 62% of all ad views. In H2 2020, overall ad views increased by 57% year-over-year. The report also emphasizes the rise of programmatic advertising, which accounted for 24% of premium video ad views. FreeWheel predicts continued growth in smart TVs and direct-to-consumer streaming.

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Comcast NBCUniversal will premiere the documentary Twenty Pearls: The Story of Alpha Kappa Alpha Sorority, Incorporated® on March 26. This film will be available exclusively on the Black Experience on Xfinity Channel, accessible via X1, Flex, and mobile devices. The release is part of Comcast NBCUniversal's ongoing commitment to celebrate and elevate diverse voices and stories within the Black community. The documentary highlights the rich history and contributions of the Alpha Kappa Alpha Sorority.

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FAQ

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

The current stock price of Comcast (CMCSA) is $37.98 as of December 23, 2024.

What is the market cap of Comcast (CMCSA)?

The market cap of Comcast (CMCSA) is approximately 144.5B.

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

144.55B
3.79B
0.7%
87.35%
1.51%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
PHILADELPHIA