Peacock, the streaming service operated by Comcast (NASDAQ: CMCSA) subsidiary NBCUniversal, has reached the 42-million mark for sign-ups. What Happened: Peacock soft-launched on April 15, 2020, as an exclusive offering for Xfinity cable and broadband customers before rolling out nationally two...

SmileDirectClub Inc (NASDAQ: SDC) said Monday afternoon it's seeking approximately $2.8 billion in damages from Comcast Corporation's (NASDAQ: CMCSA) NBCUniversal. What Happened At NBC News At the heart of the lawsuit is NBC's Feb. 13 episode of "Nightly News", which...

Comcast Corporation (NASDAQ: CMCSA) subsidiary NBCUniversal is bypassing the theatrical window for its movie releases as the coronavirus (COVID-19) outbreak forces social distancing. What Happened Universal Pictures' upcoming release "Trolls World Tour" will become the first...

Comcast Corporation (NASDAQ: CMCSA) subsidiary NBCUniversal sold off its entire stake in social media company Snap Inc. (NYSE: SNAP) in 2019, according to its 10-K filing with the Securities and Exchange Commission. What Happened NBCUniversal had acquired the $500 million in Snap during the latter...

Media giant Comcast Corporation (NASDAQ: CMCSA) and NBCUniversal will unveil Thursday afternoon the much-anticipated details of its new streaming video service dubbed "Peacock." Ahead of the presentation, several experts discussed what they're hoping to see. Details Matter Axios media...

It’s been an exceptional year so far for World Wrestling Entertainment, Inc (NYSE: WWE) stock and its investors, but one Wall Street analyst says there’s still WWE shares deserve their lofty valuation. The Analyst Citi analyst Jason Bazinet reiterated his Neutral rating and raised...

The Heavyweights and Cruiserweights of World Wrestling Entertainment, Inc. (NYSE: WWE) have helped strengthen the stock as an Overweight contender on the Street. WWE is up more than 130 percent year-to-date, but Morgan Stanley still considers it a buy. The Rating Analyst Benjamin Swinburne...

Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) have more than tripled in value over the past year the case for even more upside can be justified, according to BTIG. The Analyst BTIG's Brandon Ross maintains a Buy rating on World Wrestling Entertainment with a price target lifted from...

After a huge run last week, World Wrestling Entertainment, Inc. (NYSE: WWE) stock spiked higher by more than 12 percent Monday after ESPN and other outlets reported that WWE has agreed in principle to a deal that would move “SmackDown” from Comcast Corporation (NASDAQ: CMCSA)'s USA...

After several months of poor daily-active-user figures by Snap Inc (NYSE: SNAP), Evan Spiegel, Snapchat CEO and co-founder, is determined to drive user-engagement. The DAU decline occurred right after Facebook Inc (NASDAQ: FB)'s Instagram Stories launched, and Spiegel has taken notice. Specifically...

In spite of stunted political access since President Donald Trump took office, or perhaps because of information barriers and the repeated denunciation of media firms, sector players have recently done well for themselves. “In an odd way, the Trump administration has been the media’s...

Loop Capital Markets analyst Blake Harper praised the traditional media giant NBC Tuesday for adequately adjusting its advertising strategy to reflect the demands of the time. NBC and owner Comcast Corporation (NASDAQ: CMCSA) proved their 21st-century savviness through a recent deal with Snap Inc (...

President Donald Trump has named Ajit Pai as the chairman of the Federal Communications Commission. Pai, a FCC commissioner, has been elevated to the top position at the commission following the resignation of Tom Wheeler last month. In a statement acknowledging the offer, Pai said he looks...

Wunderlich’s Matthew Harrigan views Comcast Corporation (NASDAQ: CMCSA) as a relatively “safe haven,” even in the event that the stock’s current Trump rally ends, given the superior execution of the company’s cable business, as well as NBCUniversal. Harrigan...

Comcast Corporation (NASDAQ: CMCSA)'s NBCUniversal segment is close to finalizing a deal in which it will invest $200 million in BuzzFeed. According to Recode, NBCUniversal is attracted to BuzzFeed's fast-growing digital content, which is in a better position itself to target younger audiences. A $...