Comcast (CMCSA) stock fell over 10% Thursday morning after the company reported a bigger-than-expected drop in broadband customers in the fourth quarter and failed to add more subscribers to its Peacock streaming service.
The company reported a decline of 131,000 broadband users, more than the 100,000 loss Comcast Cable CEO Dave Watson estimated in December. The escalating losses reflect competitive challenges as mobile providers like Verizon (VZ), T-Mobile (TMUS), and AT&T (T) have been able to attract lower-income consumers with more flexible offerings.
Still, the company said it remains committed to its connectivity business and announced strategic changes to “play to [its] strengths” as internet traffic rapidly expands amid the streaming boom.
“Wireless is a meaningful differentiator as our converged offers provide great savings to the consumer,” Comcast president Michael Cavanagh said on the earnings call. “And so you will see us shift our strategy to package mobile with more of our higher-tier broadband products, both for new and many of our existing customers.”
Comcast’s broadband struggles come as the company also reported a decline of 311,000 TV consumers as more consumers cut the cable cord in favor of less expensive streaming services. The company recently announced a new sports and news TV package, which includes Peacock, for a price of $70 a month. To note, that’s less than virtual competitor YouTube TV (GOOGL, GOOG).
On the earnings call, the company continued to stress the importance of Peacock, although it did not add or lose any subscribers in the quarter, with total paying users remaining at 36 million.
Comcast did improve profitability, reporting an adjusted EBITDA loss of $372 million compared to a loss of $825 million in the same period last year. Losses are expected to improve throughout the course of the year, according to management.
And as MoffettNathanson analyst Craig Moffett pointed out, “There was no fall-off in subscribers after the end of Summer Olympics. That’s a win.”
“Peacock is finding out that it’s expensive to compete in the streaming wars and gains are becoming more difficult to come by,” Ross Benes, senior analyst at Emarketer, wrote in reaction to the report. “As cord-cutting continues unabated, the decision to sell off TV networks continues to make sense, but buyer prospects of these assets will be limited.”
IMAGE DISTRIBUTED FOR COMCAST – In this image released on Wednesday, June 13, 2018, general views of the Comcast Center, Comcast headquarters, located in Philadelphia. (Jeff Fusco/Comcast via AP Images) ·ASSOCIATED PRESS
The spun-off company, dubbed SpinCo for now, will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY, and the Golf Channel. On the earnings call, the company reiterated optimism over the venture.
“As a well-capitalized independent company with a focused management team and strong portfolio of news, sports and genre-based entertainment, SpinCo will be well positioned to lead in the changing cable and digital media landscape,” Cavanagh said.
Alexandra Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal, LinkedIn, and email her at alexandra.canal@yahoofinance.com.
Comcast investors were left disappointed as the company’s stock took a hit following the underwhelming performance of its streaming service, Peacock, and disappointing broadband subscriber losses.
Despite high hopes for Peacock to attract more subscribers and compete with other streaming giants, the service failed to meet expectations, causing concern among investors.
Additionally, Comcast reported a decline in broadband subscribers, which further added to the negative sentiment surrounding the stock.
As a result, Comcast’s stock sank, leaving investors questioning the company’s ability to keep up with the rapidly changing media landscape and fierce competition in the streaming market.
Stay tuned for updates on Comcast’s efforts to turn things around and regain investor confidence.
Pause Extra allows customers to watch AMC+ free, get unlimited DVR, and use other benefits of a paid Sling subscription without paying full price.
One of the best things about receiving broadcast and cable channels through a live TV streaming service like Sling TV is that nearly all of them are on monthly plans, so you can decide to cancel your subscription at any time with no penalty. However, in nearly all cases, that means that you will lose all of your account’s benefits, even if you decide to come back to your account later. Sling is taking that innovation one step further, as it has rolled out a new program called Pause Extra, which allows viewers to walk away from their accounts for a few months and still receive some benefits for a cost of $5 per month instead of the regular $46 monthly rate.
Key Details: Pause Extra allows…
Sling TV recently announced a new feature called Pause Extra, a game-changer for subscribers who want more control over their viewing experience. With Pause Extra, users can now pause live TV for up to 30 minutes, giving them the flexibility to step away from their screen without missing a moment of their favorite shows.
But the benefits don’t stop there. In addition to pausing live TV, Pause Extra also allows subscribers to fast-forward through commercials, rewind to catch a missed moment, and even create their own instant replays. This means no more rushing to the bathroom or grabbing a snack during a commercial break, as viewers can now pause and resume their show at their convenience.
With Pause Extra, Sling TV is once again proving itself as a leader in the streaming industry, providing innovative features that enhance the viewing experience for its subscribers. So if you’re tired of being tied to your screen or missing out on crucial moments in your favorite shows, consider upgrading to Pause Extra and start enjoying TV on your own terms.
The Big Four—Netflix, YouTube, Amazon and Disney—dominate the streaming universe and are always trying to obtain a bigger reach and a greater audience. Americans subscribe to an average of 2.9 platforms per month, making careful membership choices based on variety, price and brand appeal. Among the media giants, Disney+ has carved out a distinct niche and community, propelled by a vision that far predates the streaming era. Tasked with preserving an entertainment legacy of over a century, Disney+ boasts an expansive and unmatched content library worth billions and is soon becoming the core of the media empire’s growth solution.
As part of a unified strategy to bolster all of its core divisions in 2025, Disney is now offering subscribers a can’t-miss opportunity cradled by the tides. Children of Disney+ subscribers can set sail on select cruises for half price. Disney is leveraging its established marketing reach as a powerful advantage for its streaming ambitions to come, ensuring the brand resonates with families and solidifies connection between parents and their kids. In doing so, Disney anchors subscriptions to its streaming service, while also offering experiences beyond the digital world. With every moment of brand immersion, Disney strengthens its future familiarity, becoming an enduring part of family tradition for generations to come.
Save big on Disney Cruise Line fares for Disney+ members
Between January 3 and June 13, 2025, Disney+ members can enjoy substantial savings on select Disney Cruise Line sailings, with third and fourth guests under age 18 sailing for just half price when accompanied by two full-fare guests. This limited-time offer is available on three select cruises: Disney Wish, Disney Dream and Disney Wonder. To qualify, primary guests must present proof of their Disney+ subscription. Not a member? You can sign up for the basic option at $9.99 per month. This exciting promotion follows Disney’s plan to invest $60 billion in cruise ships and attractions over the next decade, ensuring the next generation can experience stories like never before.
Disney’s cruise line generates a reported $3 billion a year according to investment banking firm Raymond James, and has long helped bridge the gap between cherished tales and immersive real-world experiences. Aboard the Disney Cruise Line, guests immerse themselves in a dream-like vacation, where beloved childhood heroes are right by their side every step of the way. Since its inaugural voyage in 1998, Disney has made a significant impact in this market where demand outmatches supply, continually integrating cutting-edge technology and engineering to enhance the guest experience.
This dedication shines through in the Disney Wish line, launched in 2022, where adults enjoy just as much magic as kids. The Hyperspace Lounge, a leading feature on board, offers a unique opportunity to sip cocktails inspired by a galaxy far, far away with an expansive drink menu that immerses you in the Star Wars universe and provides a grown-up late-night escape. Four more unique cruise ship concepts will be unveiled by Disney between 2027 and 2031.
Disney’s diverse and cross-functional approach to its cruise and resort ventures is the very strategy that has fueled its global notoriety. With stories, characters and messages that have stood the test of time, Disney is revered by consumers both on-screen and off, across a variety of entertainment environments that appeal to all. The media giant keeps its stories alive in ways competitors struggle to replicate. Seamlessly blending the past with the present, Disney offers families the chance to bond and escape together through the stories they cherish most.
Digitally, the race for the top spot will always be fierce. However, given Disney’s century-long legacy of connecting with families, the company will carve out a special spot in the streaming future by fusing its immense offerings to give consumers deals and experiences they can’t find anywhere else.
Disney delivers unique experiences for today’s digital consumers
On select Disney Cruise lines, vacationers are now even provided with wearable devices and innovative mobile app options, allowing them to make special requests, communicate with fellow guests and streamline boarding times for a smoother, more immersive journey. The DisneyBand+, available on Disney Wish, Disney Fantasy, Disney Magic, Disney Dream, Disney Wonder and Disney Treasure fleets, lets you enjoy the fun with a simple tap, putting everything you need right at your fingertips. As digital consumers, we’re moving beyond just a screen-based world, and Disney is meeting that demand with enchanting, tech-enhanced adventures that offer something unique.
“The business, even prior to COVID continues to generate double-digit returns on investment for our shareholders,” Thomas Mazloum, president of Disney’s New Experiences Portfolio and Disney Signature Experiences, told the LA Times. “With our expansions, we certainly expect similar, attractive returns from our future ships.”
Disney’s commitment to investing in attractions and experiences is a calculated investment for the future, one that will yield rewards as other platforms falter. The strength of physical offerings is not to be overlooked; it is a timeless and essential way to keep your brand nestled within everyday consumer life, ensuring that your stories and products remain eternally relevant and alive. The immersive experiences Disney offers seamlessly complement its digital ventures, providing a new avenue for exploration into stories you thought had reached their end.
Disney ranked as the top choice for families in the U.S.
Mazloum describes Disney’s cruise line as a “movable asset,” serving primarily as a global ambassador for the brand. Fortunately for Disney, this venture is now blossoming into an era where the only way is up. A 2023 study revealed that cruising is one of the fastest-growing travel sectors, with Disney’s cruise line ranked as the top choice in the U.S. for families.
Synergy between physical assets and digital offerings is a winning formula. Turning live experiences into brand touchpoints boosts customer loyalty and ensures seamless promotion across channels. With decades of experience in shaping this approach, Disney shines bright as a beacon in a vast ocean of competitors.
Photo courtesy of Qart Hadasht/Shutterstock
Exciting news for Disney+ subscribers! Starting next month, Disney is offering a special promotion where subscribers can get 50% off select cruises. This is a fantastic opportunity to experience the magic of Disney at sea while enjoying incredible savings.
Whether you’re a fan of Disney movies, theme parks, or just looking for a fun and relaxing vacation, a Disney cruise is the perfect way to make unforgettable memories. With world-class entertainment, delicious dining options, and exciting ports of call, there’s something for everyone to enjoy on board.
To take advantage of this exclusive offer, simply book your cruise through the Disney Cruise Line website and enter your Disney+ subscription information at checkout. Don’t miss out on this incredible opportunity to sail the high seas with Disney at a discounted rate!
So pack your bags, grab your Mickey ears, and get ready for the vacation of a lifetime. Disney+ subscribers, this is your chance to make your dreams come true at sea!
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Guests can enjoy half-price fares for third and fourth guests under the age of 18 in the same stateroom with the purchase of two full-fare bookings. The promotion applies to select departures on Disney Wish, Disney Dream and Disney Wonder.
Disney+ subscribers can book up to two staterooms through the promotion. It’s available for select sailings departing between January 3, 2025, and June 13, 2025, for stateroom categories 04A-11C only.
Attention all Disney+ subscribers! Disney Cruise Line has just unveiled a special promotion exclusively for you.
Book a magical cruise with Disney Cruise Line and receive a special discount as a Disney+ subscriber. This limited-time offer is the perfect opportunity to experience the wonder and excitement of a Disney cruise while enjoying all the benefits of being a Disney+ member.
From the enchanting world of Frozen to the swashbuckling adventures of Pirates of the Caribbean, Disney Cruise Line offers something for everyone. With world-class entertainment, delicious dining options, and unforgettable experiences at every turn, a Disney cruise is the ultimate vacation for Disney fans of all ages.
Don’t miss out on this special promotion for Disney+ subscribers. Book your Disney Cruise Line vacation today and set sail for a truly magical experience. Hurry, this offer won’t last long!
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Disney Cruise Line is rewarding Disney+ subscribers by offering half-price cruises for kids next year.
The promotion, which must be booked by Feb. 16, 2025, welcomes third and fourth guests under 18 years old to sail for 50 percent off when they travel with two full-fare guests in the same stateroom, according to the company. The sale is available on select 2025 sailings from Jan. 3 through June 13.
The promotion is valid on select cruises on the Disney Wish, the Disney Dream, and the Disney Wonder.
“Disney+ Subscribers: Now is the time to give your family a Disney Cruise Line vacation,” the company wrote on its website about the promotion.
To take advantage of the deal, travelers must be Disney+ subscribers and book a stateroom category between 04A and 11C. Cruisers can book up to two staterooms with the offer, but two full-fare guests must stay in each stateroom.
The promotion does not include gratuities, and the Disney+ subscriber must be listed as the primary guest on the reservation. To book, travelers must sign in to their MyDisney account using the same email address associated with their Disney+ subscription.
A Disney+ subscription is available as part of a bundle with Hulu, Max, or ESPN+ and starts at $10.99 per month.
Disney operates a fleet of six ships: the Disney Magic, the Disney Wonder, the Disney Dream, the Disney Fantasy, the Disney Wish, and its newest ship, the Disney Treasure. The Treasure is the second in the company’s Wish class of ships and features stories from “Aladdin,” “Moana,” and “Coco,” along with adults-only restaurants, the classic Bibbidi Bobbidi Boutique, the company’s immersive kids’ clubs, and more.
Disney Cruise Line, considered one of Travel + Leisure readers’ favorite cruise lines, sails to destinations across the world from the Bahamas to Europe, Alaska, Hawaii, Australia, and beyond. The company plans to add seven more ships to its fleet by 2031.
Are you a Disney+ subscriber looking to plan your next family vacation? Well, you’re in luck because Disney Cruise Line is offering a special deal just for you!
For a limited time, Disney Cruise Line is offering 50% off kids’ fares for Disney+ subscribers. This means you can save big on your next family cruise and create unforgettable memories with your loved ones.
But before you book your cruise, here’s what you need to know:
1. This offer is available for select sailings and it is subject to availability. Be sure to check the terms and conditions before booking.
2. To take advantage of this offer, you must be a Disney+ subscriber. If you’re not already a subscriber, you can sign up for Disney+ and start saving on your kids’ fares.
3. Kids must be 17 years old or younger to qualify for the discount.
4. This offer is not valid on previous bookings and cannot be combined with any other discounts or promotions.
So, if you’ve been dreaming of a magical Disney Cruise vacation, now is the perfect time to make it a reality. Don’t miss out on this incredible offer and start planning your family’s adventure on the high seas today!
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Netflix is usually pretty good about letting subscribers know about big additions in advance, releasing a newsletter of upcoming arrivals ahead of each new month. Every once in a while, though, big titles will arrive on the streamer without any announcement or fanfare, catching users by surprise. A few of those surprises arrived on Netflix this week, right at the end of the year, giving subscribers some great movie options heading into 2025.
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Warner Bros. Discovery sent some of its most talked-about movies to Netflix for a streaming stint, including one of the highest grossing films of the year. Dune: Part Two recently found its way onto Netflix’s lineup in the United States, giving the film its biggest streaming audience to-date.
Dune: Part Two is just one of several popular Warner Bros. films from 2024 that mysteriously found its way onto Netflix over the last week or so. The wave of WB additions started with Godzilla x Kong: The New Empire, and that film was followed by Furiosa: A Mad Max Saga and Kevin Costner’s Horizon. The Watchers, a film from Ishana Night Shyamalan, also followed the fellow WBD titles to Netflix.
While these movies are also available to stream on Max, Netflix has a much bigger audience around the country, and this will help gain those titles even more fans.
Coming Soon to Netflix
The end of 2024 has been marked by the surprise additions of these 2024 hits, but they are far from the only movies hitting Netflix around the holidays. New Year’s Day will see a major wave of new additions joining the Netflix streaming roster in the United States, headlined by the Sam Raimi Spider-Man trilogy.
You can check out the full list of Netflix’s January 1st additions below!
13 Going on 30 3 Ninjas: Kick Back Apollo 13 Blended Bruce Almighty Colombiana Dallas Buyers Club Dr. Seuss’ The Cat in the Hat Dr. Seuss’ The Lorax Erin Brockovich Hotel Transylvania Hotel Transylvania 2 I Know What You Did Last Summer Inception Interstellar Little Fockers Love Actually Meet the Fockers Meet the Parents Melancholia The Net Notting Hill Out of Africa Rush Hour Rush Hour 2 Rush Hour 3 Schindler’s List Scooby-Doo Scooby-Doo 2: Monsters Unleashed Spider-Man Spider-Man 2 Spider-Man 3 Don’t Die: The Man Who Wants to Live Forever — NETFLIX DOCUMENTARY The Love Scam (IT) — NETFLIX FILM Missing You (GB) — NETFLIX SERIES Number 24 (NO) — NETFLIX FILM
Netflix has shocked subscribers by announcing the addition of four highly anticipated movies set to be released in 2024. The streaming giant has secured the rights to these blockbuster films, much to the delight of fans worldwide.
The first film to be added to Netflix’s lineup is a highly anticipated superhero movie that promises to break box office records. Fans have been eagerly awaiting the release of this film, and now they can watch it from the comfort of their own homes.
The second movie is a star-studded action-packed thriller that is set to keep viewers on the edge of their seats. With an all-star cast and jaw-dropping special effects, this film is sure to be a hit among Netflix subscribers.
The third movie is a heartwarming family-friendly film that is perfect for movie nights with loved ones. Filled with humor, heart, and unforgettable moments, this film is sure to be a favorite among viewers of all ages.
Last but not least, Netflix is adding a highly anticipated sequel to a beloved franchise that has captured the hearts of fans around the world. This film promises to deliver all the thrills, laughs, and emotional moments that fans have come to expect from the series.
With these four huge movies set to be added to Netflix’s lineup in 2024, subscribers have plenty to look forward to in the coming year. Get ready for an exciting year of movie magic on Netflix!
As streaming services continue to rise in popularity, more and more people are cutting the cord with traditional cable providers in favor of streaming their favorite shows and movies. However, for those who still have cable, there are a plethora of TV apps available that cater to both cord-cutters and cable subscribers alike.
One of the best TV apps for cord-cutters is Hulu. With a vast library of current and past TV shows, as well as original content, Hulu offers a diverse range of programming for subscribers to enjoy. Additionally, Hulu offers live TV options for those who still want access to live sports and news.
Another great TV app for cord-cutters is Netflix. With a massive selection of movies, TV shows, and original content, Netflix has something for everyone. From popular shows like Stranger Things to award-winning movies like Roma, Netflix offers hours of entertainment at the touch of a button.
For cable subscribers, the Xfinity Stream app is a must-have. With access to live TV, on-demand content, and DVR capabilities, Xfinity Stream allows cable subscribers to watch their favorite shows anytime, anywhere. Plus, Xfinity Stream offers a user-friendly interface that makes it easy to navigate through channels and find what you want to watch.
Another popular TV app for cable subscribers is the Spectrum TV app. With access to live TV, on-demand content, and a robust channel lineup, Spectrum TV offers a comprehensive viewing experience for subscribers. Plus, the app allows users to stream content on multiple devices, making it convenient for those on the go.
Whether you’re a cord-cutter or a cable subscriber, there are plenty of TV apps available to enhance your viewing experience. From streaming services like Hulu and Netflix to cable provider apps like Xfinity Stream and Spectrum TV, there is something for everyone to enjoy. So why wait? Download one of these top TV apps today and start watching your favorite shows and movies in style.
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