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☆ Comcast Plans Streaming Bundle With Netflix, Apple TV+
▼ + stars: | 2024-05-14 | by ( Benjamin Mullin | More About Benjamin Mullin | ) www.nytimes.com time to read: +1 min

Discovery said that they would bundle their streaming services, selling users a package that included Disney+, Hulu and Max. For years, the company has offered services like Netflix and Apple TV+ as add-ons to its existing television bundle, acting as a vendor for those companies. Comcast, which has millions of broadband and cable television customers across the United States, has different incentives to bundle streaming services together than many of its competitors do. Many other internet providers have sold bundles that include streaming services. When the short-lived short-form streaming service Quibi launched, T-Mobile offered to bundle its wireless offering with that service.

Persons: Quibi Organizations: Warner Bros, Discovery, Fox, Disney, National Basketball Association, National Football League, Max, Comcast, Netflix, Apple, Verizon, Mobile Locations: Xfinity, United States

☆ Bally Sports regional networks go dark for Comcast cable customers
▼ + stars: | 2024-05-01 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Negotiations between Comcast and Bally Sports' operator Diamond Sports Group, which has been under bankruptcy protection since last year, broke down following a dispute over terms. Pay-TV distributors have been losing customers at a fast clip in recent years as customers opt for cheaper streaming options. Comcast had more than 13.6 million pay-TV customers as of March 31, after losing 487,000 subscribers during the first quarter. Some regional sports networks have begun offering streaming options to customers at a price point that doesn't upend the pay-TV model. In addition to Comcast, Diamond has held negotiations in recent weeks with Charter Communications — which provides pay-TV services under the Spectrum brand — DirecTV and Cox Communications.

Persons: Diamond, Cox Organizations: Bally, Houston Astros, Minnesota Twins, Target, The Astros, Twins, Comcast, Bally Sports, Diamond Sports Group, MLB, Detroit Tigers, NBA, NHL, Diamond, Comcast ., Communications, DirecTV, Cox Communications, Charter, Google, Disney, San Diego Padres, Phoenix Suns, CNBC Locations: Minneapolis , Minnesota, NBCUniversal

☆ Comcast launches prepaid and month-to-month internet and phone plans
▼ + stars: | 2024-04-17 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +2 min

Comcast announced Wednesday that it is launching a prepaid and month-to-month low-cost internet and phone plan program called NOW. The new plan is designed to be simple for customers to opt into or cancel at any time using Xfinity and unlimited 5G. NOW TV, which offers Xfinity internet customers on-demand and live streaming from more than 40 networks for $20 per month. The NOW program supplements Comcast's long-standing low-income internet option, called Internet Essentials, which packages 50 Mbps for $9.95 per month. Comcast has been experiencing a lack of broadband growth over the past year, reporting net broadband losses in multiple quarters.

Persons: Dave Watson, we've, Watson Organizations: Comcast, NOW Mobile, CNBC

☆ Lawsuit filed by Elon Musk's X against nonprofit CCDH thrown out by judge on free speech grounds
▼ + stars: | 2024-03-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

A federal judge in California dismissed a lawsuit filed by Elon Musk's X against the nonprofit Center for Countering Digital Hate, writing in a judgement Monday that the "case is about punishing the Defendants for their speech." X sued the research group in July, accusing it of implementing a "scare campaign" to drive away advertisers. The company also accused CCDH of improperly accessing data from the platform and selectively picking posts to "falsely claim" that X is "overwhelmed with harmful content." CCDH also found that Twitter failed to act on 89% of anti-Jewish hate speech and 97% of anti-Muslim hate speech on the platform. In one instance, X has sued an Israeli web data collection company called Bright Data over its allegedly unauthorized scraping of data from its social media platform.

Persons: Elon Musk's, X, CCDH, Musk, Charles Breyer, Breyer, Roberta Kaplan, Donald Trump, E, Jean Carroll, Trump, Carroll, Xfinity Organizations: CCDH, Northern District of, Twitter, CNBC, X, Bright, Media Matters, America, Apple, Bravo, IBM, Oracle Locations: California, Northern District, Northern District of California, Silicon Valley, Texas

☆ Daytona 500: how to watch and what to know about Monday’s race as storms loom
▼ + stars: | 2024-02-18 | by ( Travis Caldwell | Issy Ronald | ) edition.cnn.com time to read: +5 min

CNN —The Daytona 500 has been postponed until Monday for just the third time in its history due to “inclement weather,” organizers announced Sunday. Consistent rainfall washed out Saturday’s lower-division Xfinity Series race and Sunday’s forecast is far from sunny. 6) exits the garage area during Daytona 500 practice on Friday. A two-time series champion and 2015 Daytona 500 winner, Joey Logano took the pole position with an average qualifying lap speed of 181.947 mph and will be a favorite to run up front throughout the day. Ricky Stenhouse Jr., the defending race champion and often competitive at superspeedways, will start 35th in the No.

Persons: Dwayne “, ” Johnson, –, Brad Keselowski, Mike Ehrmann, Joey Logano, Michael McDowell, McDowell, Toyotas, Sean Gardner, Ryan Blaney, Chase Elliott, Denny Hamlin, Bubba Wallace, Michael Jordan, William Byron, Kyle Larson –, Kyle Busch, gunning, Jimmie Johnson, Richard Petty, Ross Chastain, Pitbull, Ricky Stenhouse, Ryan Blaney's, Jared C, Tilton Organizations: CNN, NASCAR, Netflix, Daytona, FOX, Ford, Fords, Getty, Los Angeles Coliseum, Toyota, Hamlin, Chevrolet, of Famer Locations: Florida, Martinsville, pileups

The 38-year-old actor-turned-race-car-driver was wandering through the Daytona International Speedway infield on Friday with no idea where to go. It was the latest round of confusion for Muniz, who had to wait until last week to announce his racing plans for 2024. Muniz, who competed in the entry-level ARCA Series last year, will try to make his Xfinity Series debut in the No. He led the ARCA Series points standings at times and finished fourth despite a number of mechanical issues late in the 20-race season. Muniz used a Hollywood head shot, complete with one hand resting on his chin, for the photo on his NASCAR credential.

Persons: — Frankie Muniz, Malcolm, Muniz, Ford, Joey Gase Racing, ” Muniz, wasn’t, “, ”, he’s, He’s, Jeff Gordon, ” Gordon, Jayson Williams, Cody Banks Organizations: DAYTONA, Daytona, Associated Press, Ford, ARCA, NASCAR, NASCAR Hall of Fame Locations: Fla, Scottsdale , Arizona

Larson nearly lost control of his Arrow McLaren Chevrolet during a four-plus-hour test at Phoenix Raceway on Monday, but the NASCAR star and 2021 Cup Series champion managed to save his Indianapolis 500 ride from hitting the wall at 180 mph. “I went into Indy car turmoil, got a little bit loose into the corner, got to the apex. He also is scheduled to drive the NASCAR race, the Coca-Cola 600, in Charlotte, North Carolina, later that day. He will be back in a Cup car next week at Daytona International Speedway to prepare for the season-opening Daytona 500. “I don’t think they’re as far apart from each other as what the previous model NASCAR Cup Series car was like or what an Xfinity car might be like,” he said.

Persons: Kyle Larson’s, Larson, Arrow McLaren, ” Larson, “, ”, John Andretti, Robby Gordon, Tony Stewart, Kurt Busch, Stewart, “ It’s, ” Hendrick, McLaren, Rick Hendrick, … It’s, Jenna Fryer Organizations: Phoenix Raceway, NASCAR, Indianapolis, Indy, Phoenix, IndyCar, Indianapolis Motor Speedway, Daytona, Auto Locations: Charlotte , North Carolina

☆ Cable companies are replacing ancient cable boxes with these tiny new gadgets
▼ + stars: | 2024-01-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Cable companies are trying to catch up with the times, though, and now want you to replace your clunky set-top cable boxes with sleek, Apple TV-like streaming devices – gadgets that could save customers money. Xumo is one step in cable companies’ broader strategy to combine live TV with streaming – essentially rebundling streaming services like the old cable bundle. Moving from a cable box to Xumo will save cable customers money. It’s a shift for cable companies that long relied on trying to get households to add as many set-top cable boxes in their homes as possible. It could be a while before the ancient cable box completely disappears, however.

Persons: Max, ‘, Xumo, Bruce Leichtman, ” Craig Moffett, Jessica Fischer Organizations: New, New York CNN, Cable, Apple, Comcast, Netflix, Disney, CNN, Google, “ Cable, ” Locations: New York

NASHVILLE, Tenn, (AP) — NASCAR has added two new partners and streaming elements to a seven-year media rights deal announced Wednesday that will run from 2025 through the 2031 season. The new media rights deal is worth $7.7 billion when the previously announced $1.1 billion agreement with CW is included, according to Sports Business Journal. The Cup Series will include existing partners Fox Sports and NBC, which will feature a mix of broadcast and cable events. After the Fox portion of the Cup Series, the next five Cup races will be on Amazon Prime Video. Discovery and Amazon also both obtained exclusive rights to practice and qualifying sessions for the entire Cup Series schedule through 2031.

Persons: SBJ, Steve Phelps, “, Phelps, Fox, ”, Luis Silberwasser, Max, we’ve, ” Phelps Organizations: NASCAR, CW, Sports Business, Music City Center, Fox Sports, NBC, Fox, USA Network, Warner Bros ., Amazon Prime, Warner Bros, TNT, Max, Discovery Sports, NBC Sports, Busch, FOX Sports Locations: Tenn, FS1

☆ Paris Hilton's media company pulls ads from X amid concerns of antisemitic content on the site, just a month after signing an exclusive partnership with the platform
▼ + stars: | 2023-11-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Paris Hilton's company, 11:11 Media, pulled ads from X amid concerns of pro-Nazi content on the site. 11:11 Media is just the latest brand, including Disney and Apple, to pull back from X in recent days. AdvertisementAntisemitism on social media is so not hot. "11:11 Media made the decision to immediately pull the campaign from the platform," Bruce Gersh, 11:11 Media's president and COO, told the outlet. Representatives for Hilton and 11:11 Media did not immediately respond to requests for comment from Business Insider.

Persons: —, Elon Musk's, Bruce Gersh, Musk, Hitler, Linda Yaccarino, Hilton Organizations: X, Disney, Apple, Service, CNN, Media, IBM, Nazi, Hilton, Business Locations: Paris, Western

☆ Elon Musk is suing Media Matters for saying X put ads next to pro-Nazi posts — and Texas AG Ken Paxton wants in too
▼ + stars: | 2023-11-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Media Matters was served a double whammy on Monday, after reporting on X's advertising strategy. Elon Musk is now suing the watchdog, and Texas AG Ken Paxton is investigating the group for fraud. The report, published Thursday, triggered an advertiser exodus from X, after which Musk declared that he'd file a "thermonuclear" lawsuit against Media Matters. In a statement to BI, Media Matters President Angelo Carusone said X's lawsuit was "frivolous" and "meant to bully X's critics into silence." A Media Matters representative did not immediately respond when asked to comment on Paxton's investigation.

Persons: Elon Musk, Ken Paxton, —, Musk, Paxton, Apple —, Angelo Carusone, Carusone, It's Organizations: Texas, Service, Media Matters, America, Media, billionaire's X Corp, Business, IBM, Oracle, Apple, Twitter Locations: Texas

☆ Elon Musk says X to file 'thermonuclear' lawsuit against media watchdog
▼ + stars: | 2023-11-18 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +3 min

Leon Neal/Pool via REUTERS/File Photo Acquire Licensing RightsNov 18 (Reuters) - X Corp, formerly known as Twitter, will file a lawsuit against Media Matters and those who attacked social media platform X, Elon Musk said on Saturday in a post on the platform, soon after major U.S. companies paused their advertisements on the site. Liberal media watchdog group Media Matters for America earlier this week said it found that corporate advertisements by IBM, Apple, Oracle and Comcast's Xfinity were being placed alongside antisemitic content. Musk on Wednesday endorsed an antisemitic post on X that falsely claimed members of the Jewish community were stoking hatred against white people. "Media Matters created an alternate account and curated the posts and advertising appearing on the account's timeline to misinform advertisers about the placement of their posts." Media Matters did not immediately respond to an emailed request seeking comment outside of business hours.

Persons: Tesla, Elon Musk, Leon Neal, Musk, Comcast's Xfinity, Adolf Hitler, Axios, Elon Musk's, Andrew Bates, Mrinmay Dey, Tomasz Janowski, Kirsten Donovan Organizations: SpaceX's, Bletchley, X Corp, Twitter, Media, Liberal, IBM, Apple, Oracle, Nazi Party, Disney, Warner Bros Discovery, Comcast, Lions Gate Entertainment, Paramount Global, America, Palestinian, Thomson Locations: Bletchley, Britain, Israel, Bengaluru

Tesla, X (formerly known as Twitter) and SpaceX's CEO Elon Musk speaks with members of the media during the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Leon Neal/Pool via REUTERS/File Photo Acquire Licensing RightsNov 18 (Reuters) - X Corp will be filing a lawsuit against Media Matters and those who attacked social media platform X, Elon Musk said on Saturday in a post on the social media platform, soon after major U.S. companies paused their advertisements on his social media site. Media watchdog Media Matters earlier this week said it found that corporate advertisements by IBM, Apple (AAPL.O), Oracle (ORCL.N) and Comcast's (CMCSA.O) Xfinity were being placed alongside antisemitic content. "The split second court opens on Monday, X Corp will be filing a thermonuclear lawsuit against Media Matters and ALL those who colluded in this fraudulent attack on our company," Musk said in a post on X, formerly known as Twitter. "This week Media Matters for America posted a story that completely misrepresented the real experience on X, in another attempt to undermine freedom of speech and mislead advertisers," a statement posted by Musk said.

Persons: Tesla, Elon Musk, Leon Neal, Xfinity, Musk, Mrinmay Dey, Kim Coghill, Tomasz Janowski Organizations: SpaceX's, Bletchley, X Corp, Media, IBM, Apple, Oracle, Twitter, America, Thomson Locations: Bletchley, Britain, Bengaluru

☆ Apple, Disney, other media companies pause advertising on X after Elon Musk promoted antisemitic tweet
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Apple CEO Tim Cook looks on following a conversation on mental health, during a spousal program on the last day of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week at Apple Park in San Francisco, California, on November 17, 2023. Apple and Disney have paused online advertising campaigns on X, formerly Twitter, after owner Elon Musk said he agreed with a social media post accusing "Jewish communities" of pushing "hatred against whites," according to sources familiar with both companies' moves. Warner Bros Discovery , Paramount Global , Lions Gate Entertainment are also suspending campaigns on the social media service, spokespeople for the company confirmed. The X Out Hate group originally urged those companies to suspend their online advertising campaigns on X in September, when Musk insinuated that he would file a defamation lawsuit against the Anti-Defamation League, alleging that the ADL was "trying to kill this platform by falsely accusing it & me of being anti-Semitic." Steven Kovach and Alex Sherman contributed reportingWatch: IBM pauses advertising on X after Elon Musk receives backlash for antisemitic post.

Persons: Tim Cook, Elon Musk, Apple's, Axios, Adolf Hitler, Musk, Jonathan Greenblatt, Musk's, Andrew Bates, Steven Kovach, Alex Sherman Organizations: Apple, Economic Cooperation, APEC, Disney, Warner Bros Discovery, Paramount Global, Lions Gate Entertainment, New York Times, Media Matters, America, IBM, Bravo, Oracle, Nazi Party, Comcast, CNBC, Anti, Defamation League, ADL, Google, White House, Elon Locations: Asia, San Francisco , California

☆ X employees are reportedly fielding calls from advertisers asking about Elon Musk's endorsement of antisemitic post
▼ + stars: | 2023-11-17 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

Ads have also appeared next to pro-Nazi posts on Musk's platform, non-profit Media Matters reported. Some X employees are facing the brunt of the uproar, and are reportedly getting calls from advertisers asking about Musk's comments, according to The New York Times. X has also been placing advertisements next to major companies like Apple, Oracle, and Xfinity, according to Media Matters. AdvertisementSome users on X responded to Yaccarino's post, asking her if X owner Musk was aware of this stance and requesting that she relay her message to him. Antisemitic posts from X users, which were flagged by Media Matters, will now be labeled as "sensitive media," an X executive told Business Insider in a statement.

Persons: Elon Musk, —, Musk, @BreakingBaht, Linda Yaccarino, Dustin Moskovitz, Ross Gerber Organizations: Media, Service, The New York Times, Nazi, IBM, Apple, Oracle, Media Matters, BI, Facebook, X, SpaceX, Gerber Kawasaki Wealth, Investment Management

☆ IBM suspends advertising on X after report says ads ran next to antisemitic content
▼ + stars: | 2023-11-16 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

IBM has paused advertising on X after a report found that the tech company's ads were placed next to antisemitic content on the platform formerly known as Twitter. Researchers and advocacy groups have documented a rise of controversial content on X, though the company has disputed those claims. An X spokesperson told CNBC in an email that the accounts that Media Matters said were posting the hateful content would no longer be monetizable. IBM's decision to halt advertising on X also comes after Musk on Wednesday boosted and drew attention to an antisemitic X post and issued statements that drew backlash from critics. "When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination," Yaccarino wrote.

Persons: Hitler, Linda Yaccarino, Elon Musk, Oracle didn't, Musk, Jonathan Greenblatt, Yaccarino, Jordan Novet Organizations: IBM, CNBC, Media, America, Apple, Bravo, Oracle, Nazi Party, Elon, Comcast, Defamation League, Disney, Google Locations: Israel, America

☆ IBM to pause ad spending on X after its ads ran on pro-Nazi accounts
▼ + stars: | 2023-11-16 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —IBM on Thursday announced it had suspended advertising on Elon Musk’s X, the platform formerly known as Twitter, after an ad for the computing giant appeared alongside pro-Nazi content. The accounts remained active on X Thursday afternoon, hours after the report was published. No brands had specifically targeted the pro-Nazi accounts identified in Thursday’s report for their advertisements, nor did the company intentionally place their ads there, the spokesperson said. Full stop.”IBM is not the first company to part ways with X after its ad appeared next to hateful content. Musk’s X has also come under fire for reinstating the accounts of users who were previously banned on the social media platform, including far-right and neo-Nazi figures.

Persons: Elon Musk’s, ”, NBCUniversal’s Bravo, Adolf Hitler, Linda Yaccarino, NCTA, Yaccarino, Musk, Jonathan Greenblatt, ” Greenblatt, Musk’s, –, Brian Fung Organizations: New, New York CNN, IBM, Elon, Media, IBM —, Apple, Oracle, Comcast, NBCU, CNN, and Television Association, Gilead Sciences, Adobe, Adobe , New York University Langone Hospital, University of Maryland’s, Whites, Defamation League Locations: New York, Nazi, Adobe ,, America

☆ IBM suspends ads on X after corporate ads appeared next to pro-Nazi content
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

The logo for social media platform X, following the rebranding of Twitter, is seen covering the old logo in this illustration taken, July 24, 2023. Media watchdog Media Matters said it found that corporate advertisements by IBM, Apple (AAPL.O), Oracle (ORCL.N) and Comcast's (CMCSA.O) Xfinity were being placed alongside antisemitic content. "IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," IBM said in a statement. Musk's Wednesday comments on the social media platform are not the first time he has engaged in discussions that reference antisemitic tropes or conspiracy theories. "When it comes to this platform - X has also been extremely clear about our efforts to combat antisemitism and discrimination.

Persons: Dado Ruvic, Adolf Hitler, Musk, Xfinity, X, Linda Yaccarino, Jonathan Greenblatt, Yuvraj Malik, David Gaffen, Lisa Shumaker Organizations: Twitter, REUTERS, IBM, Elon, Nazi Party, Media, Apple, Oracle, Defamation League, ADL, Reuters, U.S, X, Hamas, Thomson Locations: America, United States, Israel, Palestinian, Bengaluru, New York

☆ This S&P 500 stock has the highest return over the past 20 years—it's not Apple or Tesla
▼ + stars: | 2023-11-08 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Ty Gibbs, driver of the #54 Monster Energy Toyota, walks onstage during driver intros prior to the NASCAR Cup Series Xfinity 500 at Martinsville Speedway. Just because a particular investment has gone up in the recent past doesn't mean it will continue to increase in value. For investors looking to educate themselves, through, past results can help formulate your investment process, with the benefit of hindsight. The highest 20-year return among stocks in the S&P 500 belongs to Monster Beverage. But the company Tillinghast invested in back then didn't look anything like it does today.

Persons: Ty Gibbs, you've, Joel Tillinghast, who's, Tillinghast, it's Organizations: Monster Energy Toyota, NASCAR, Martinsville Speedway, Investors, Monster Beverage, CNBC, Beverage

Christopher Bell was set to represent JGR in the championship four, but rumors were flying that the entire organization might pull out of the race. Coy Gibbs, the vice chairman of the organization, son of team owner Joe Gibbs and Ty's father, had been found dead in his hotel room that morning and the team was in chaos. Joey Logano won the race and his second title, while Bell finished a distant 10th in the race and third in the championship standings. Stevens felt once the race began the team was able to focus on trying to win the title. If you have a weak part of your race team, the playoffs will find it.”___AP auto racing: https://apnews.com/hub/auto-racing

Persons: Joe Gibbs, Gibbs, Ty Gibbs, Christopher Bell, Coy Gibbs, Ty's, ”, Adam Stevens, Stevens, Kyle Busch, Bell, Joey Logano, “, ” Bell, you've, ” Stevens, Ryan Blaney, William Byron, Kyle Larson, Larson, Blaney, Byron, J.D, Coy, Heather, Busch, we’ve, ” Gibbs Organizations: Phoenix Raceway, JGR, Bell, Toyota Locations: AVONDALE, Ariz, prepping

CHARLOTTE, N.C. (AP) — Rick Hendrick first met William Byron as a local Charlotte teenager, fan of Hendrick Motorsports and budding NASCAR driver. It's paid off as Byron heads to Phoenix Raceway this week with a shot at winning his first Cup title. William has always been pretty calculating, and he doesn’t drive over his head and he’s won races this year by making some aggressive moves. Should Byron win the title on Sunday, he'd be the first North Carolina-born and raised Cup champion since Dale Jarrett in 1999. 24 Chevrolet since Jeff Gordon's fourth title in 2001.

Persons: CHARLOTTE, — Rick Hendrick, William Byron, Hendrick, Hendrick snagged Byron, It's, Byron, Denny Hamlin, David Pearson, Chase Elliott, Kyle Larson, Alex Bowman, it’s, William, he’s, “, he'd, Dale Jarrett, Ryan Blaney, Jonathan Hassler, Blaney, Joey Logano, He's, Joe Gibbs, Christopher Bell, Adam Stevens, Bell, Cliff Daniels, Larson, William Byron BORN, Rudy Fugle, Jeff Gordon's Organizations: Hendrick Motorsports, NASCAR, Toyota, Phoenix, Martinsville, Hall of Famer, Hendrick, Ford, Team Penske, , North Carolina, PHOENIX, Homestead, Miami Speedway, Won, Darlington, Las Vegas, North Carolina Locations: N.C, North Carolina, , North, Norman, Oklahoma, Elk Grove , California, Vegas, Charlotte, North

☆ Comcast revenue and profit top estimates as Universal theme park sales soar
▼ + stars: | 2023-10-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Comcast topped both revenue and profit estimates in the third quarter, but the largest U.S. internet provider lost high-speed broadband customers and NBCUniversal advertising revenue slumped. NBCUniversal's flagship streaming service Peacock added 4 million subscribers and revenue increased 64% to $830 million, stemming the subscription service's quarterly loss to $565 million. Revenue rose 0.9% compared to the prior year period. U.S. broadband revenue rose 3.8% to $6.4 billion even as subscribers fell due to higher rates. Wireless revenue rose 16% to $917 million in the quarter on a net addition of 294,000 customers.

Persons: Peacock, Read Organizations: NINTENDO, Universal Studios Hollywood, Comcast, LSEG, Sky, Sky . Revenue, Super Nintendo, U.S Locations: Universal City , California, Sky .

☆ 'Success disasters' have become a big problem in tech for companies and consumers
▼ + stars: | 2023-09-14 | by ( Rachel Curry | ) www.cnbc.com time to read: +5 min

These technology failures during a major scaling event — dubbed success disasters — weren't alone. Ticketmaster's failure during their scaling event was just one kind of success disaster — the overburdening of the system's capacity. Success disasters may be common, but that doesn't make them acceptable, especially if a company is offering products or services considered essential. The right answer really depends on the starting point and what scaling events are anticipated. Even on a smaller (but still substantial) scale, Urban keeps this in mind to avoid her own success disaster.

Persons: Taylor, SeatGeek, clamoring, —, Spencer Kimball, Kimball, Masa Kabayama, Kabayama, Paula Urban Organizations: Ticketmaster, Labs, Google, Uplift Labs, MLB, NBA, Apple, Houston Livestock, Taylor Swift Locations: onboarding

Keep reading for details on how to watch Paul vs. Diaz live streams once the bell tolls. How to watch Paul vs. Diaz live stream from anywhereThe UK has the best PPV price for Paul vs. Diaz. How to watch Paul vs. Diaz live streams in the USADAZN will also offer the pay-per-view event in the US. Paul vs. Diaz PPV Fight Bundle (ESPN+) Jake Paul vs. Nate Diaz will stream live on ESPN+. How to watch Paul vs. Diaz in AustraliaKayo Sports will offer the championship bout for Australian viewers.

Persons: Jake Paul, Nate Diaz, Diaz, Paul, he's, Amanda Serrano, Heather Hardy, DAZN, Cox, ExpressVPN, It's, CEST, UK's DAZN, Shadasia, Olivia Curry, Ashton Sylve, William Silva, Alan Sanchez, Angel Beltran Villa, Chris Avila, Jeremy Stephens Organizations: American Airlines Center, Paul, UFC, Amazon, Apple, Android, Samsung, LG, PlayStation, TV, Xbox, ESPN, ESPN Plus, Samsung Smart, DAZN's, Sports, UK's Locations: Dallas , Texas, USA, Australia

☆ Comcast beats expectations as higher prices offset slowing broadband growth
▼ + stars: | 2023-07-27 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +5 min

Comcast beat analyst estimates on Thursday when it reported its second-quarter results, as higher pricing helped offset a continued slowdown in its broadband business. The company now groups its Xfinity-branded broadband, cable TV and wireless services with its U.K.-based Sky. Higher average rates helped to offset second-quarter subscriber losses, leading to broadband revenue growth of 4.4%. Comcast and its peers have experienced slowing growth in the broadband segment following quarters of robust gains during the early days of the Covid pandemic. The drop in domestic advertising was largely due to lower revenue at NBCUniversal's TV networks, which was partially offset by the leap in Peacock revenue.

Persons: Peacock, Cord, Bob Iger, NBCUniversal, Mario Organizations: Comcast, Refinitiv, Disney, USA Network, Bravo, Premier League soccer, Peacock, Sky Sports, Revenue, Mario Bros, Super Nintendo, CNBC Locations: Beijing, Japan, Orlando, Florida

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