Comcast CMCSA is slated to report its fourth-quarter 2024 results on Jan. 30. The Zacks Consensus Estimate for fourth-quarter 2024 revenues is pegged at $31.63 billion, indicating growth of 1.21% from the year-ago quarter’s reported figure.

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Comcast is making a new play for value-conscious TV fans who wanted a slimmed-down channel lineup — and pay less. The cable giant announced the launch of Sports & News TV, a new video package for Xfinity Internet broadband customers that includes 50-plus live news,

Netflix will kick-start media and tech earnings season Tuesday, reporting what are projected to be stellar subscriber numbers.

As more pay-TV operators embrace slimmer packages, Comcast Xfinity is rolling out Sports & News TV, a $70-a-month offering based on two foundational elements of live programming. The $70 price is available only to customers who also have Xfinity internet service.

Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.

Heger, meanwhile, thinks Netflix can find the right balance. The stock is currently up 10% after the company beat the Street's expectations for the top and bottom lines in Q4, punctuated by Netflix announcing that its total number of subscribers had surged past 300 million.

Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.

The company’s global subscriber base now exceeds 300 million, giving it a commanding lead in the streaming wars.

The new offering is aimed at competing with YouTube TV and Hulu + Live TV The post Comcast Launches Xfinity Sports & News TV Package for $70 Per Month appeared first on TheWrap.

The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers