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November 23, 2020

Comcast Corp

John Malone says platforms like Apple, Amazon and Roku will dominate streaming

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CNBC – For more and to sign up click here John Malone chairman of Liberty Media Michael Kovac | Getty Images | Vanity Fair) Liberty Media Chairman John Malone told CNBC that Amazon, Apple or Roku could dominate in the crowded streaming space given their ability to scale globally. “I think these......

Shoppers seek out personalized, thoughtful holiday gifts to feel connected during pandemic

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CNBC – For more and to sign up click here Care packages, such as the ones made by Gift Box Love Co., have been a popular gift item on Etsy during the pandemic. Gift Box Love Co. For about two years, Ashley Houck has put together care packages of items......

TV advertising is making a comeback after pandemic slowdown

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CNBC – For more and to sign up click here David Zaslav Anjali Sundaram | CNBC The TV ad market is on the mend after getting hit by a broader pandemic ad slowdown. But with Covid-19 cases on the rise, some networks are cautious about the coming quarters, even with......

Comcast to fold Comcast Ventures into corporate business division, focus on strategic investment

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CNBC – For more and to sign up click here Brian Roberts, Chairman and CEO of Comcast David A. Grogan | CNBC Comcast Ventures, the corporate venture capital firm, is folding into Comcast‘s business development division and shifting its strategy to focus only on strategic investments. Partners were informed of......

California’s Covid rules mean lengthy Disneyland closure and more pressure for Disney earnings and local economy

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CNBC – For more and to sign up click here Brittany Losey takes a picture with her daughter Madison Losey, 7, outside the entrance to Disneyland at the Disneyland Resort is closed in Anaheim, CA, on Thursday, October 22, 2020. MediaNews Group/Orange County Register via Getty Images | MediaNews Group......

Stocks making the biggest moves in the premarket: Comcast, Spotify, Pinterest, Tapestry & more

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CNBC – For more and to sign up click here Stocks making the biggest moves in the premarket: Comcast, Spotify, Pinterest, Tapestry & more Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups

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CNBC – For more and to sign up click here Brian Roberts, CEO, Comcast  David A. Grogan | CNBC Comcast on Thursday reported third-quarter earnings that beat analyst estimates on the top and bottom lines.  Comcast also reported better-than-expected net customer additions for high-speed internet service and further growth to......

Dow futures rise 100 points after Wall Street’s worst sell-off in months

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CNBC – For more and to sign up click here A trader takes a break outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., October 28, 2020. Carlo Allegri | Reuters U.S. stock futures opened modestly higher on Wednesday night after the......

Media executives are finally accepting the decline of cable TV as they plot a new path forward

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CNBC – For more and to sign up click here Big media companies reorganize for world of 50 million TV subscribers Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

There’s a big week ahead for the market with an earnings deluge, GDP data and stimulus negotiations

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CNBC – For more and to sign up click here There’s a big week ahead for the market with an earnings deluge, GDP data and stimulus negotiations Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

Quibi’s co-founders explain what went wrong

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CNBC – For more and to sign up click here Quibi’s co-founders Jeffrey Katzenberg and Meg Whitman told CNBC on Thursday that a convergence of factors led to the failure of the short-form entertainment service for mobile phones. The company announced Wednesday that it would shut down just over six months......

Quibi officially announces it’s shutting down

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CNBC – For more and to sign up click here Jeffrey Katzenberg at CES Source: CNBC Quibi, the short-form entertainment service for mobile devices, announced on Wednesday that it will shut down, just over six months after its service launched. The company, which was founded by Hollywood producer Jeffrey Katzenberg......

California theme parks could seek legal action to speed up reopening

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CNBC – For more and to sign up click here California theme parks are exploring legal action in order to pressure the state into allowing amusement parks to reopen. “All options are open at this point,” Erin Guerrero, executive director of the Californian Attractions and Parks Association, said during a......

California sets ‘unworkable’ requirements for theme park reopenings, Disney says

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CNBC – For more and to sign up click here An entrance area to Disneyland stands empty on September 30, 2020 in Anaheim, California. Mario Tama | Getty Images Disneyland and Universal Studios Hollywood were dealt devastating news on Tuesday after California told big theme parks they could not open......

Philadelphia 76ers need Doc Rivers to fix its culture and win as the team eyes future business and a new arena 

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CNBC – For more and to sign up click here Doc Rivers, then of the LA Clippers yells to his team during the fourth quarter against the Dallas Mavericks in Game Four of the Western Conference First Round during the 2020 NBA Playoffs at AdventHealth Arena at ESPN Wide World......

AMC could run out of cash by then end of 2020, company warns

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CNBC – For more and to sign up click here People walk outside the newly boarded AMC 34th Street 14 movie theater as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 4, 2020 in New York City. Noam Galai |......

The coronavirus is threatening the single most important event for theme parks—Halloween

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CNBC – For more and to sign up click here Coronavirus threatens theme parks’ lucrative Halloween celebrations...

Fourth-generation movie theater operator says chain is months from bankruptcy

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CNBC – For more and to sign up click here Movie theater operator B&B Theatres says it’s months from bankruptcy SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

AMC CEO: Keeping movie theaters open is ‘the right decision’ even as rival Regal shutters screens

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CNBC – For more and to sign up click here AMC Entertainment CEO Adam Aron on Thursday defended the company’s decision to continue operating its movie theaters during the coronavirus pandemic, even as one of its top rivals chose to temporarily take its screens dark.  “We think it’s the right......

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