We now know what time and how to watch the Homecoming clash between Penn State and Wisconsin on Saturday, September 26th. Earlier today, it was announced via the official PSU Football social media accounts that the Nittany Lions will face the Badgers at Beaver Stadium in a 5:00 PM EST kickoff that will be streaming on Peacock.
Understandably, this is frustrating news for those who don't already have a Peacock subscription and don't feel like plunking down additional money for another monthly streaming subscription just to watch one game. That being said, games that air on Peacock also air simultaneously on NBC Sports Network, a channel that is readily available on Comcast Xfinity, YouTubeTV, and Fubo. So, if you already are a subscriber to one of those aforementioned streaming services, you should be good to go.
The last time these two teams collided was on October 26th, 2024, when PSU went into Camp Randall Stadium for a nighttime showdown that saw Beau Pribula step in for an injured Drew Allar after halftime and along with a pick-six by Jaylen Reed and some strong running from Kaytron Allen, help guide the Nittany Lions to a 28-13 win to keep their College Football Playoff hopes intact.

#Football #already

Sept. 8 (UPI) -- The Philadelphia 76ers and Philadelphia Flyers released initial renderings of their new arena, which is to open in 2030 in South Philadelphia.
The arena also will host the inaugural season that year of the city's WNBA team. Its construction marks the largest fully privately funded project in Philadelphia history. An early estimate put the cost at $1.3 billion.
Harris Blitzer Sports & Entertainment, which owns the 76ers, and Comcast Spectacor, which owns the Flyers and Xfinity Mobile Arena, are 50-50 partners in the new arena. Comcast will own the naming rights.
"This privately funded arena will be the home to moments and memories that define this city for generations," 76ers co-owner Josh Harris said.
"We ... look forward to partnering with Mayor Cherelle Parker and council President Kenyatta Johnson to transform a site rich with history, while creating thousands of jobs, driving lasting economic impact and delivering an arena that honors the deep sports and entertainment culture of the city.

#comcast #entertainment

The Philadelphia 76ers and Flyers are giving fans a look into the future.
The teams unveiled the first exterior images of the proposed new arena being built on the old Spectrum site on Sept. 8.
The proposed arena is targeted to open ahead of the inaugural 2030 season of Philadelphia's WNBA expansion team. Comcast will own the naming rights to the new arena, which will be formally named at a later date.
The arena will host sporting events, concerts, live entertainment and community programming.
"Philly fans deserve the best arena in the world, and we are excited to partner with Comcast to deliver just that. This privately funded arena will be the home to moments and memories that define this city for generations," Josh Harris, co-founder of Harris Blitzer Sports & Entertainment and managing partner of the Philadelphia 76ers, said in a release.

#arena

On August 6, Versant Media Group (NASDAQ:VSNT) reported second-quarter 2026 results that capture a company in transition. Revenue slipped 3.8% year over year to $1.64 billion, and net income attributable to Versant tumbled 30.1% to $211 million. Yet the same report included a raised full-year outlook, a third straight quarterly dividend, and a second $100 million stock buyback. For a company barely eight months removed from its separation from Comcast on January 2, the numbers tell two stories at once.
Versant's headline Adjusted EBITDA fell 8.9% to $624 million, but measured against the prior year's Standalone Adjusted EBITDA, the more relevant apples-to-apples baseline, EBITDA actually grew 3.0%. That gap matters because it shows the company trimming programming and overhead costs faster than legacy revenue is shrinking. Management leaned into that momentum by raising full-year revenue guidance to $6.2 billion to $6.45 billion and Adjusted EBITDA guidance to $1.9 billion to $2.05 billion, while holding free cash flow guidance at $1.0 billion to $1.2 billion.
The growth story lives outside the traditional cable bundle. Platforms revenue, excluding the divested SportsEngine business, climbed 9.3% on the strength of Fandango and GolfNow, and Versant used the quarter to lock in two multi-year distribution renewals with major partners in the US and Canada. Sports rights remain the anchor: PGA TOUR coverage delivered its best second quarter since 2020, USA Network's WNBA broadcasts drew three of the quarter's most watched games across cable and streaming, and a new five-year Bundesliga deal adds more than 300 live matches a year, with at least 30 landing on USA Network. MS NOW backed that up digitally, posting audience growth for a seventh straight month through June and racking up close to 3 billion YouTube and TikTok views so far this year. Layer in the Full Swing acquisition completed after quarter-end, and Versant is placing real bets beyond linear television.
The pressure driving those buybacks and that raised guidance is real. Total revenue fell 3.8% to $1.64 billion, or 2.8% excluding SportsEngine, and linear distribution revenue, still the largest piece of the business, dropped 6.3% as subscribers kept leaving traditional pay TV. Rate increases only partly offset that erosion, and advertising revenue slipped another 0.6% even with better ratings and a boost from a recent acquisition.
The bottom line felt it more than the top line. Net income attributable to Versant fell $91 million to $211 million, and the company pointed to higher costs of running as a standalone public company, new interest expense tied to debt taken on after leaving Comcast, and a bigger tax bill linked to the SportsEngine sale. Those are the direct costs of standing alone rather than sitting inside a larger conglomerate. Versant's prior year financial statements were also built from Comcast's carve out accounting rather than results as a true independent company, so s

Greenlight Capital is an investment management firm specializing in value-oriented strategies. The letter can be downloaded here. Greenlight Capital released its second-quarter 2026 investor letter, reporting a 4.3% decline for the Partnerships and a 1.9% year-to-date gain, net of fees and expenses, compared with gains of 15.2% and 10.2% for the S&P 500 Index. The funds entered the quarter conservatively, but costly trading decisions and macro positions, particularly in gold and U.S. interest rates, weighed on results. Long positions contributed roughly 9%, offset by similar losses from shorts. The letter also highlighted concerns over speculative market conditions, using ****** eX's $1.75 trillion IPO valuation and investment-grade rating as examples of excess. Looking ahead, Greenlight is more constructive on Fed Chairman Kevin Warsh's inflation stance and expects positions to recover if inflation moderates and rates remain unchanged. Additionally, reviewing the Strategy's top holdings could help identify its best ideas for 2026.
In its second-quarter 2026 investor letter, Greenlight Capital highlighted Comcast Corporation (NASDAQ:CMCSA). Comcast Corporation (NASDAQ:CMCSA) is a leading media and technology company. On August 26, 2026, Comcast Corporation (NASDAQ:CMCSA) closed at $27.20 per share. Over the past month, Comcast Corporation (NASDAQ:CMCSA) returned 12.76%, while its shares have declined 15.13% in the last 52 weeks. Comcast Corporation (NASDAQ:CMCSA) has a market capitalization of $3.51 billion, and its stock has traded within a 52-week range of $21.28 to $32.86.
Greenlight Capital stated the following regarding Comcast Corporation (NASDAQ:CMCSA) in its Q2 2026 investor letter:
"Comcast Corporation (NASDAQ:CMCSA) is a diversified media and technology company with broadband, video and wireless businesses, alongside media, studios and theme parks. The stock declined about 60% over the past five years as structural and competitive pressures have weighed on its legacy broadband and video businesses. At our entry price of $23.91 per share, CMCSA traded at only 5x EBITDA, which we believe significantly undervalues its free cash flow generation and the collective value of its businesses. At the end of the quarter, CMCSA announced the spin-off of NBCUniversal, an important step that we believe should help highlight the value embedded within the company. CMCSA shares ended the quarter at $24.55."
Comcast Corporation (NASDAQ:CMCSA) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 82 hedge fund portfolios held Comcast Corporation (NASDAQ:CMCSA) at the end of the second quarter which was 78 in the previous quarter. While we acknowledge the potential of Comcast Corporation (NASDAQ:CMCSA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-er

Alluvial Capital Management's Q2 2026 investor letter for the Alluvial Fund reported a 4.9% return, with a year-to-date increase to 8.0%. A copy of the letter can be downloaded here. While these results are acceptable, they are overshadowed by the impressive performance of small-cap and micro-cap stocks, particularly in AI and semiconductor sectors. The portfolio remains stable and focused on dependable cash flow producers, although it sometimes lags in momentum-driven markets. July showed improvement for Alluvial Fund as benchmarks declined. The author emphasizes the importance of a dependable investment strategy focused on solid cash flow producers, while expressing confidence that the portfolio's intrinsic value discount will lessen over time. The letter aims to communicate the fund's approach and highlights potential opportunities in overlooked sectors, urging a long-term investment perspective amidst current market trends. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Alluvial Fund highlighted Vistance Networks, Inc. (NASDAQ:VISN) as a newly added position. Vistance Networks, Inc. (NASDAQ:VISN) is a global provider of infrastructure solutions for communications, data center, and entertainment networks. On August 26, 2026, Vistance Networks, Inc. (NASDAQ:VISN) closed at $11.05 per share, reflecting a market capitalization of $2.55 billion. Vistance Networks, Inc. (NASDAQ:VISN) posted a one-month return of -5.64%, while its shares lost 30.76% over the past 52 weeks.
Alluvial Fund stated the following regarding Vistance Networks, Inc. (NASDAQ:VISN) in its Q2 2026 investor letter:
"Vistance Networks, Inc. (NASDAQ:VISN), a new holding for Alluvial Fund, is a company in the midst of dismantling itself. Over the past twelve months, Vistance has sold its two largest businesses. Vistance is now down to just one remaining operating ****** et, Aurora Networks, which manufactures equipment for cable networks like Comcast and Charter. It's not a wonderful business—results are lumpy and customer concentration is high—but it is not going away. Faced with relentless competition from fiber and wireless internet alternatives, cable operators have no choice but to continue to invest in speed and reliability upgrades. On the heels of this radical reduction in scale, I don't think Vistance stays independent. Management has gone from running an enterprise doing almost $7 billion in annual sales to one doing just $1 billion. Once it pays out the proceeds from its latest business sale, Vistance will have a market capitalization below $1 billion. As a newly-minted micro-cap company, it might as well be invisible. Being a listed, SEC-reporting micro-cap comes with all the headaches and annoyances of being public, but without most of the benefits. Given the choice between fading into irrelevance as a micro-cap network equipment maker and achieving a neat resolution (and a nice liquidity event for management,

Comcast has attached a new service to its Xfinity internet plans as it faces mounting customer losses.
The company revealed in its most recent earnings report that it lost 167,000 U.S. broadband customers in the second quarter of this year. Also, its revenue in this segment dropped by 5.5% year over year.
The exodus of customers follows last year's Xfinity price increases. It also comes as Comcast faces heightened broadband competition from T-Mobile, AT&T and Verizon, which have been attracting customers through fiber and fixed wireless internet services. ******* eX's Starlink satellite internet service is also becoming a threat, with over 9 million customers.
"Fiber continues to expand, fixed wireless remains aggressive, satellite is emerging as another alternative and convergence-based promotional activity remains elevated across the industry," said Comcast Chief Financial Officer Jason Armstrong on an earnings call in July. "We are operating under the ******* umption that the market will remain intensely competitive."
To help attract and retain internet customers, Comcast has launched its new Xfinity Shield platform, which offers two new tiers of advanced cybersecurity and home self-monitoring protection that can be added to internet plans, according to a recent press release.

#recent

On August 18, Comcast Corp. (NASDAQ:CMCSA) announced Xfinity Shield, a new home security platform meant to make its broadband service harder to leave. The rollout matters because Comcast has spent much of 2026 managing broadband subscriber losses, and a bundled security product gives the company something fiber and wireless rivals cannot easily replicate. Xfinity Shield combines Wi-Fi-based protection, cybersecurity, and family controls inside the existing Xfinity app, folding a new revenue lever onto a business that badly needs one.
Xfinity Shield ships free to every Xfinity Internet customer, with a $15-a-month tier adding an indoor camera, door and window sensors, cloud video storage, and 24/7 urgent response. Comcast product chief Fraser Stirling described the strategy plainly, saying the company is "lowering the barrier of entry to the idea of a total security product under Xfinity Shield." The timing lines up with how connected the average home has become. Comcast says the typical Xfinity customer now runs 36 devices on their home Wi-Fi, and its network filters an average of 30 million threats every day, numbers that make a bundled security layer feel less like an add-on and more like a necessity.
That stickiness push sits on top of a business that already throws off serious cash. Comcast generated nearly $21.9 billion in free cash flow in FY 2025 and turned $123.7 billion in revenue into roughly $20.0 billion of net income, a 16.2% margin. Execution has held up too. Peacock turned profitable for the first time, wireless lines crossed a major milestone, and Comcast beat earnings estimates in its most recent quarter, evidence that the company can still deliver even while restructuring around it.
None of that changes the core problem Xfinity Shield is designed to fix: broadband subscribers are still leaving. Comcast faces intensifying competition from fiber providers and 5G fixed wireless rivals, a fight that keeps chipping away at what was once a near-monopoly business. The balance sheet reflects a company carrying real leverage, with a debt-to-equity ratio of 1.1x and a current ratio of 0.9x, meaning short-term liabilities outweigh short-term ***** ets as of the December 2025 balance sheet.
Comcast also paused its share buyback program ahead of a planned NBCUniversal spinoff, a separation that adds years of complexity for investors trying to value the pieces separately. The company took an $8.6 billion noncash impairment tied to Sky, and rising costs for sports broadcasting rights, including the NFL and NBA, continue to pressure the media segment. There is also an uncomfortable irony in Comcast selling a cybersecurity product months after agreeing to a $117.5 million settlement over a prior Xfinity data breach, a reminder that the company's own network security has already been tested and found wanting once.

#home #broadband

On August 18, Comcast Corp. (NASDAQ:CMCSA) announced Xfinity Shield, a new home security platform meant to make its broadband service harder to leave. The rollout matters because Comcast has spent much of 2026 managing broadband subscriber losses, and a bundled security product gives the company something fiber and wireless rivals cannot easily replicate. Xfinity Shield combines Wi-Fi-based protection, cybersecurity, and family controls inside the existing Xfinity app, folding a new revenue lever onto a business that badly needs one.
Xfinity Shield ships free to every Xfinity Internet customer, with a $15-a-month tier adding an indoor camera, door and window sensors, cloud video storage, and 24/7 urgent response. Comcast product chief Fraser Stirling described the strategy plainly, saying the company is "lowering the barrier of entry to the idea of a total security product under Xfinity Shield." The timing lines up with how connected the average home has become. Comcast says the typical Xfinity customer now runs 36 devices on their home Wi-Fi, and its network filters an average of 30 million threats every day, numbers that make a bundled security layer feel less like an add-on and more like a necessity.
That stickiness push sits on top of a business that already throws off serious cash. Comcast generated nearly $21.9 billion in free cash flow in FY 2025 and turned $123.7 billion in revenue into roughly $20.0 billion of net income, a 16.2% margin. Execution has held up too. Peacock turned profitable for the first time, wireless lines crossed a major milestone, and Comcast beat earnings estimates in its most recent quarter, evidence that the company can still deliver even while restructuring around it.
None of that changes the core problem Xfinity Shield is designed to fix: broadband subscribers are still leaving. Comcast faces intensifying competition from fiber providers and 5G fixed wireless rivals, a fight that keeps chipping away at what was once a near-monopoly business. The balance sheet reflects a company carrying real leverage, with a debt-to-equity ratio of 1.1x and a current ratio of 0.9x, meaning short-term liabilities outweigh short-term ****** ets as of the December 2025 balance sheet.
Comcast also paused its share buyback program ahead of a planned NBCUniversal spinoff, a separation that adds years of complexity for investors trying to value the pieces separately. The company took an $8.6 billion noncash impairment tied to Sky, and rising costs for sports broadcasting rights, including the NFL and NBA, continue to pressure the media segment. There is also an uncomfortable irony in Comcast selling a cybersecurity product months after agreeing to a $117.5 million settlement over a prior Xfinity data breach, a reminder that the company's own network security has already been tested and found wanting once.

#company

Eagle Capital Management, an investment management company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, Eagle Capital Management discussed how enthusiasm around AI capital spending has driven strong S&P 500 earnings growth while also increasing risks from elevated valuations, concentrated demand, and aggressive investment **** umptions. Eagle remains a strong believer in AI but prefers constructing a portfolio that can perform across multiple outcomes rather than relying on one forecast. The firm believes current earnings can overstate underlying economics because semiconductor equipment is depreciated over several years, while free cash flow growth remains much weaker. It also expects competition and additional capacity across AI labs, hyperscalers, and semiconductors to eventually create winners and losers. These dynamics are encouraging Eagle to recycle capital toward attractive opportunities outside the most crowded AI trades while maintaining selective exposure to high quality beneficiaries. The portfolio trades at a 20% market discount with faster expected EPS growth. Please review the Strategy's top five holdings for key selections.
In its second-quarter 2026 investor letter, Eagle Capital Management highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) operates as a broadband connectivity company in the United States. On August 19 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $152.47 per share. One-month return of Charter Communications, Inc. (NASDAQ:CHTR) was 20.53% and its shares lost -43.10% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $19.85 billion with a 52-week trading range between $111.55 - $285.82.
Eagle Capital Management stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications will become the largest cable operator in the U.S. when its acquisition of **** closes. Cable has been a disappointing area, with heavy competitive pressure and minimal growth. We see Charter equity as a cheaply priced option. 80% of the capital structure is low-cost long-term debt. With a free cash flow yield that will exceed 30% in a couple of years, the company is enormously liquid and can both de-lever and return cash to shareholders. In time, we expect the company to be consolidated by Comcast, a telco, or even a non-traditional buyer. The equity could be up by a multiple in certain scenarios. We expect EPS growth of approximately 20% for this group of companies over the coming years."

#charter

On August 6, Comcast (NASDAQ:CMCSA) Business announced a private wireless deployment at the Annapolis headquarters of Smartlink, a national digital infrastructure firm, combining carrier-grade Neutral Host cellular coverage with a dedicated CBRS private network in one managed platform. It is a small deal in dollar terms, but it points to where Comcast wants growth to come from next: enterprise connectivity rather than residential cable.
The Smartlink deployment replaces the kind of Distributed Antenna System infrastructure that used to require separate vendors and separate budgets. Comcast Business now delivers cellular coverage and a private network for cameras, access control, and occupancy sensors through a single platform built on licensed CBRS spectrum. It is not an isolated experiment either. Comcast has already rolled out similar systems at the University of Virginia, The Sound Hotel Seattle Belltown, and Rocket Arena for the Cleveland Cavaliers, and the company is positioning Smartlink as a replicable model for other commercial landlords.
That enterprise push sits on top of a business that still throws off enormous cash. Comcast generated free cash flow of nearly $21.9 billion in fiscal 2025 on revenue of about $123.7 billion, with net income near $20.0 billion, a net margin of 16.2%. Peacock turned profitable for the first time, wireless lines crossed a major subscriber milestone, and the company beat earnings estimates in its most recent quarter. Following the separation of Versant Media Group, management has also sharpened its focus toward the Content and Experiences segments, spanning film, television, and theme parks, giving the enterprise wireless buildout room to grow alongside a leaner core.
The residential side of the business tells a different story. Broadband subscribers keep declining, and fiber operators and fixed wireless providers like Verizon and T-Mobile keep pressing on price and coverage. Comcast paused its share buyback program ahead of a planned NBCUniversal spinoff, a move that adds another layer of complexity for investors trying to track where the company is headed.
Security and legal costs have also piled up. Comcast agreed to a $117.5 million settlement over an Xfinity data breach, and cyberattack risk remains an ongoing concern given the scale of its subscriber base. The company also absorbed a noncash impairment charge of $8.6 billion tied to a Sky writedown, and rising costs for sports rights including the NFL and NBA are squeezing profitability in the media segment. With a debt-to-equity ratio of 1.1x and a current ratio of 0.9x, the balance sheet leaves less cushion than some peers to absorb further shocks.

#comcast

Zohran Mamdani stormed into office brandishing the banner of "affordability," and almost singlehandedly pushed the issue to the center of today's political debate. Of all the charismatic, 34-year-old Mayor's initiatives aimed at lowering living costs, the one that's garnered the most coverage is his proposal to get Gotham into the grocery business.
The city-owned food store initiative looks so radical, even for this avowed democratic socialist, because it puts a city in direct competition versus an immense, entrenched private industry. On his other big "affordability" initiatives, providing free bus service and freezing rent on one million apartments, Mamdani's simply using his regulatory and budget powers in the Democratic mayors' traditional vein of tightening price controls on housing and delivering more freebees
This one's different: It's extraordinarily rare for a municipality to challenge local businesses by starting its own enterprises that aim to do the same thing. The only major example: city-backed companies that battle the Verizons and Comcasts to supply broadband. They're all either struggling, or already flopped. Mamdani's predecessor Eric Adams shuttered the $2 billion fiber-optic buildout started a few years earlier under Mayor Bill de Blasio. As for supermarkets, Chicago last year killed plans for a city-owned emporium as impractical. Kansas City, apparently the only major metro ever to open a taxpayer-funded supermarket, ended the failed foray in early 2025.
Hence, Mamdani's plan would probably reign as the biggest push any city's ever made to launch its own business amid a galaxy of private players. The Mayor's identified a big problem. New Yorkers indeed suffer from extremely high prices for everything from chicken to eggs to milk. The city's riddled with "food desert" neighborhoods where residents often can't find much other than processed items nearby, and must travel 20 minutes or more to reach outlets that offer wide choices of fresh foods at low cost.
But that drastic shortage in the metro that ranks among the world's wealthiest is almost totally self-inflicted. Contrary to Mamdani's claim that "the private market alone has not delivered affordable, full-service grocery options," here's the real rub: A web of antiquated regulations—and one in particular that effectively bans big stores where they're needed most—is blocking major chains from deploying billions of their own capital to open far more of the kinds of giant extravaganzas featuring baseball-field length stretches of checkout lanes that bring far lower stickers to the suburbs just beyond Gotham's borders.

#affordability

NBC Sports Philadelphia is budgeting to add a courtside voice to its Sixers broadcasts ahead of LeBron James's arrival this season, network vice president of content Alexandra Matcham told the Philadelphia Inquirer.
"I think you need a voice on the court where Alaa [Abdelnaby] and Kate [Scott] can't be to give us insight, do pre- and postgame interviews, **** ysis, all of that," Matcham said. "It's a very hard job to do."
For years, NBC Sports Philadelphia and its predecessor, Comcast SportsNet, used reporters like Serena Winters and Taryn Hatcher to fill that kind of role for the Sixers. That stopped in 2020, when the network began eliminating in-arena and in-game reporting jobs across its properties as basketball and hockey seasons wrapped that year, according to Crossing Broad's Kevin Kinkead. Hatcher stayed on covering the Phillies for five more seasons after that before her contract lapsed at the end of 2025 and NBC Sports Philadelphia cut the position rather than renew it. Kinkead later reported that the network and Hatcher had discussed a freelance arrangement that would have let her take on other work at the same time, but the talks ended without an agreement over what Kinkead's sources described as a standard contract disagreement, not any real conflict between the two sides.
That left NBC Sports Philadelphia without anyone in that role for the entirety of the Sixers' 2025-26 season, and the roster now taking shape gives the network far less room to go another year without one.
"If you get a generational talent on your team, it could easily become a situation where the people that work for us are burnt out by December, and you don't want that," Matcham said. "You need extra help."

#sports #sixers #hatcher

By David Shepardson
WASHINGTON, July 17 (Reuters) - The sole Democrat on the Federal Communications Commission on Friday criticized President Donald Trump's call ‌for Disney-owned ABC and Comcast unit NBC to lose their ‌broadcast licenses because they refused to air his speech.
During a nearly half-hour prime-time speech on Thursday, the Republican president revived many of his longstanding claims that U.S. elections are unreliable. In the remarks, Trump said networks that did not air his speech should have their station licenses revoked.
FCC Commissioner Anna Gomez, who serves ‌on the commission along ⁠with two Republicans, on Friday described Trump's call as "ridiculous" because the broadcasters made "the same editorial decisions they've made under ⁠presidents of both parties."
"Those editorial decisions are protected by the First Amendment, and the FCC has no authority to punish a station for refusing to air a blatantly political speech," she said in a statement. "This is a naked ‌attempt to bully broadcasters, and the FCC should have no part in it."

Netflix's ad tier captured 60% of Q1 sign-ups while Comcast's Peacock widened losses to $432 million despite reaching 46 million subscribers.
Netflix's 48% return on equity and $12.5 billion free cash flow guide make its 24x forward P/E a fair price for compounding scale.
Comcast's broadband losses narrowed from 183,000 to 65,000, but cord-cutting and Peacock's NBA rights costs keep its 5.56% yield a patience-only trade.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Netflix didn't make the cut. Grab the names FREE today.
Netflix (NASDAQ:NFLX) and Comcast (NASDAQ:CMCSA) both reported first quarter results this spring with sharply divergent profiles. Netflix is a pure streaming machine collecting a $2.80 billion Warner Bros. breakup check. Comcast is a diversified operator juggling broadband erosion, Olympics costs, and a Peacock unit that keeps bleeding cash.

The market has priced this media and technology giant like a business in terminal decline, yet its financial statements tell a story of relentless cash generation.
Comcast (CMCSA) connects millions of American homes to the internet and creates the movies and shows they watch. Yet the market has treated its stock like a relic. Shares trade about 41% below their two-year high, a markdown that suggests a fundamental breakdown in the business. The company's cash flow statement, however, keeps disagreeing with the stock chart.
Over the last twelve months, Comcast generated free cash flow equal to 21.1% of its entire market value. For context, the median S&P 500 company has a free cash flow yield of 4.1%. This isn't a shrinking business bleeding cash; its revenue over the same period grew 1.4%. The core question for an investor today is sharp and simple: Is this business actually broken or just sharply marked down?
The cash statement tells a story of stability.
Despite the stock's poor performance, the business continues to operate at an immense scale. The company produced $125.28 billion in revenue over the last year, supported by a 15.3% operating margin. In its most recent quarter, it generated $3.9 billion of free cash flow and returned $2.5 billion to shareholders through dividends and buybacks. Its price-to-earnings multiple sits at 4.5x, a steep discount to the S&P 500 median of 24.9x.

Scottie Scheffler and Rory McIlroy are running it back.
According to a report from Josh Carpenter in the Sports Business Journal — and later announced by Versant — both stars are confirmed to return for a second Optum Golf Channel Games, with the event moving to Wednesday, Dec. 16 on Golf Channel and USA Sports. Scheffler and McIlroy are, for now, the only two names locked in. The eight-man field that filled out the inaugural event, Ryder Cup captains Keegan Bradley and Luke Donald among them, along with Shane Lowry, Haotong Li, Luke Clanton and Sam Burns, hasn’t been rebuilt yet, at least not publicly.
The inaugural Golf Channel Games aired live from Trump National Golf Club Jupiter last December, with Scheffler and McIlroy each drafting four-man teams for a night of made-for-TV skills challenges: a timed driving competition, a 14-club closest-to-the-pin format, a four-man relay, and a head-to-head captain’s challenge between the two captains.
As Awful Announcing covered when the event was first announced, the format was built for entertainment rather than high stakes, drawing more comparisons to the pair’s Happy Gilmore 2 cameos and to TGL than to the Ryder Cup. The night ended on a tape-measure playoff, with an inch separating Scheffler’s team from McIlroy’s after a 47-yard chip-off. AA’s original coverage framed the event as part of a wider trend of golf leaning into entertainment outside the weekly Tour calendar, alongside the sport’s growth on YouTube and the first successful year of TGL, which McIlroy co-founded and Scheffler did not join.
Versant officially completed its spinoff from Comcast and NBC Sports in January 2026, and Golf Channel has continued to build out its golf portfolio since, with Golf Channel EVP Tom Knapp telling Front Office Sports that the split gives the network more freedom to experiment. Versant has extended its DP World Tour rights through 2030, signed McIlroy to a deal through 2038 that includes a stake in a new content studio called Firethorn Productions, and, days before Carpenter’s report, agreed to acquire golf simulator company Full Swing for $530 million.

Comcast Corp (NASDAQ:CMCSA) is one of the Top 10 Extreme Value Stocks To Buy Now. Comcast Corp (NASDAQ:CMCSA) is one of the top extreme value stocks to buy now. On June 30, Rosenblatt Securities upgraded the stock to Buy from its previous Neutral rating while also upgrading the price target from $24 to $31. The rating upgrade follows the company's surprise announcement that it plans to spin off NBCUniversal into a separate publicly traded company. The firm believes that investor concerns about Comcast's cable business are beginning to ease, as fears about increasing competition from ******* eX appear overstated.
Moreover, the company is planning to offer more affordable and consumer-friendly packages, a strategy that could strengthen its position in an increasingly competitive market. The ******* ysts also believe that considering the stock is down more than 50% in five years, even a slight positive change in media sentiment could bring about a rally in the stock's price.
"We see that with the spin, which propels NBCU to a future where it could become subject to WB-style merger fervor at some point. Meanwhile, sentiment for the cable business has probably bottomed, with ******* eX competition fears overdone, and a pivot to lower-priced, more favorable packages for consumers comped in 2H26, setting the stage for a return to growth."
Further supporting the bullish sentiment, Deutsche Bank ******* yst Bryan Kraft also upgraded Comcast Corp (NASDAQ:CMCSA) to a Buy rating from Hold. Even though he adjusted his price target lower from $34 to $32, it still offers 34% upside from here on.
Comcast Corp (NASDAQ:CMCSA) operates as a media and technology company worldwide. The company operates in a number of segments, including Residential Connectivity & Platform, Business Services Connectivity, Media, Studios, and Theme Parks. The company was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Comcast Corporation (NASDAQ:CMCSA) is one of the Top Large Cap Stocks to Invest In At 52-Week Lows. Although the stock has declined roughly 8% over the past month due to mounting competitive pressure in the broadband sector and margin concerns, the Street continues to expect more than 38% upside over the next 12-months.
Recently, on June 25, Reuters reported that Comcast Corporation (NASDAQ:CMCSA) owned Sky, has agreed terms to acquire ITV's broadcast and streaming division. The deal is valued at around £1.6 billion and includes the TV channels and streaming platform ITVX. The report noted that the agreement is in its final stages and is currently being finalized by lawyers, according to sources familiar with the matter.
Moreover, as part of the transaction, ITV Studios will acquire Love Productions, the Sky-owned producer behind "The Great British Bake Off" and "The Piano," valued at between £80 million and £120 million. In addition, the deal also includes a performance-based earn-out of around £200 million.
According to Reuters, the strategic goal is to combine Sky and ITVX into a top-three UK streaming platform, better positioned to compete with Netflix, YouTube, Amazon Prime Video, and Disney+. Reuters highlighted that a formal announcement is expected within the next two weeks as lawyers are still working through final complications.
Comcast Corporation (NASDAQ:CMCSA) provides internet, video, and phone services. The company's operations are divided into the following segments: Residential Connectivity and Platforms, Business Services Connectivity, Media, Studios, and Theme Parks.

Comcast (CMCSA) opened Monday's trading up nearly 17% on news that the company would spin off its NBCUniversal and Sky media and entertainment businesses, keeping the cable, wireless, and broadband businesses, along with up to a 19.9% stake in the spinoff.
That's welcome news to long-suffering Comcast shareholders. The company has faced a conglomerate discount for years because of the perceived lack of synergy between the two businesses. Certainly, the nasty divorce between Time Warner and AT&T (T) is but one example of disparate tie-ups gone wrong.
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Comcast's former CFO Michael Angelakis will step in as its CEO as part of a planned split into two independent publicly-traded entities via a tax-free spinoff of its media businesses NBCUniversal and Sky, according to a Monday announcement.
The split will see NBCUniversal — the owner of numerous media and entertainment brands including CNBC, Universal Resorts and Peacock— become a standalone entity, while Comcast will retain its cable and internet business, according to the release. The business expects the separation to be complete in approximately a year.
As part of its plan, the Philadelphia-based company named its Co-CEO Mike Cavanagh — who succeeded Angelakis as CFO in 2016 before ****** uming the CEO seat this January — as incoming CEO for NBCUniversal. Fellow co-CEO Brian Roberts, Co-CEO and executive chairman for Comcast, will continue to be "actively involved" in the leadership of both independent entities following the split, the company said.
Angelakis is rejoining Comcast after a near-decade absence. The executive previously served a nine-year span in the media and tech business' top finance seat, first joining Comcast in 2006 as its CFO before stepping down in 2015, according to a New York Times article at the time.

It seemed inevitable whether Comcast opted to spin out NBCUniversal or not, but it appears as if the NBC Sports-branded regional sports networks are destined to unwind from the media company currently operating them.
As was initially reported by Matt Gelb in The Athletic on Monday, the remaining NBC Sports Regional Networks are in flux as NBCUniversal looks to continue its divestment in the regional sports network business. The news comes as Comcast announced it plans to separate NBCUniversal from its telecom business in about a year’s time.
NBC has moved to exit the regional sports network industry for some time now, shuttering or otherwise offloading a handful of its networks over the last decade and change as the headwinds of the cable business and ever-increasing rights fees for live sports have put the squeeze on such operations. Fewer and fewer traditional regional sports networks continue to exist, and many teams are looking elsewhere — to streaming, over-the-air networks, or yet-launched consolidated hubs — for the future of their local media rights revenues.
For NBC, unwinding the rest of its regional sports network operations might be a bit tedious as many of the franchises that remain tied to the networks also own stakes in their respective network. That has long been common practice in the regional sports network business, but certainly complicates a sale process, particularly when these networks are paying rights fees that are now likely seen as above market-rate.
According to a report by Austin Karp in Sports Business Journal, “team ownership” will be a “complicating factor” as NBC likely looks to sell its regional sports networks. The San Francisco Giants, Boston Celtics, and Philadelphia Flyers all have ownership stakes in the networks airing their local broadcasts.

CMCSA jumped 7% on news of Comcast's planned split into two public companies, separating NBCUniversal from cable after a 46% five-year stock decline.
Peacock's $432 million quarterly EBITDA loss and structural broadband competition raise doubts about whether a split alone can reverse Comcast's multi-year decline.
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A CNBC segment reported that Comcast (NASDAQ:CMCSA) plans to separate its media and cable/technology operations into two publicly traded companies, with Mike Cavanaugh leading NBCUniversal and Michael Angelakis returning as CEO of the cable business. The hosts framed the announcement against Comcast's multi-year stock slide and questioned whether earlier moves, including the Sky acquisition, justified their cost.
The CNBC panel framed the breakup as a strategic reset after years of disappointing stock performance. On air, the hosts noted that Comcast shares traded near $60 in 2021, making today's price of about $25.22 on June 29 less than half of where the stock stood several years ago. Comcast shares are down about 23% over the past year and nearly 46% over the past five years.

Comcast this morning rocked the media world, announcing plans to split into a pair of publicly traded companies.
The mechanism will be a tax-free spinoff of its media and entertainment ******* ets, headlined by NBCUniversal and Sky.
State of play: The big question is what deal shoe drops next, ******* uming the split closes sometime next year.
Comcast executives poured cold water on future M&A during the ******* yst call, with chairman and co-CEO Brian Roberts saying "absolutely not" when asked on an ******* yst call if investors should view the split as a step toward future strategic transactions.
Zoom in: It makes sense that Roberts would want to project strength for both Comcast and NBCUniversal as standalone businesses.

What happened: Comcast (CMCSA) stock jumped 8% on Monday.
What's behind the move: Comcast announced Monday that it intends to divide its operations into two standalone public companies, separating its media ******* ets from its technology and connectivity businesses.
The transaction will be completed through a tax-free spin-off of NBCUniversal and Sky.
"Comcast will continue to build on its leadership in connectivity, while NBCUniversal, together with Sky, will have the scale, brands, content and financial resources to compete as a premier global media and entertainment company," Comcast co-CEO Mike Cavanagh said in the company's announcement.
What else you need to know: Comcast expects the separation to take approximately one year to finalize. Once complete, current Comcast shareholders will receive ownership stakes in both Comcast and the newly independent NBCUniversal.

Comcast Corp. (NASDAQ:CMCSA) into our list of 10 oversold stocks offering high upside. The company has seen positive commercial developments recently, which support a positive story. On June 16, Comcast Corp.'s (NASDAQ:CMCSA) Xfinity brand announced same-day delivery for WiFi equipment, targeting new Xfinity Internet subscribers in 20 initial markets.
The service provider intends to extend this accelerated delivery option over its whole operational area by early 2027. The company also confirmed that all new customers can pick up the hardware they need in-store on the day they sign up for service. It stated that the initiative makes Xfinity the first major wired internet provider to offer same-day WiFi equipment delivery.
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Earlier on June 9, Comcast Corp. (NASDAQ:CMCSA) revealed that the company is undertaking a major network expansion across two Wisconsin counties, extending multi-gigabit symmetrical internet connectivity to more than 5,500 residential and business locations.
The ongoing expansion project will cover 300 miles. Initial customer serviceability is projected somewhere near the end of 2026, with the broader infrastructure build-out slated for completion by the end of 2027.

Comcast (NASDAQ:CMCSA), a broadband, cable, streaming, studios, and theme parks provider, closed at $22.43, down 1.15%. Investors are weighing an energy-efficiency win and stake trim, while watching July 23 results for broadband trends and Peacock.
The company's trading volume reached roughly 63.5M shares, which is about 86% above its three-month average of 34.1M shares.
The S&P 500 (SNPINDEX:^GSPC) rose 1.08% to 7,500.58, and the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.91% to 26,517.93. Among telecommunications services and media entertainment conglomerate peers, Charter Communications (NASDAQ:CHTR) closed at $126.23, down 4.37%, while AT&T (NYSE:T) ended at $22.01, off 1.92%, as cable stocks lagged the broader markets.
Comcast shares declined despite gains in the broader market, highlighting ongoing pressure on cable stocks ahead of the company's July 23 earnings report. While improvements in network energy efficiency and debt management demonstrate cost discipline, the key question is whether Comcast can narrow broadband losses and leverage wireless growth to offset challenges in its core connectivity business.
The July report should also give more details about Peacock and how Comcast is returning cash to shareholders. Just adding subscribers is not enough if streaming losses keep hurting profit margins. Free cash flow is still important for paying dividends, buying back shares, and managing the balance sheet. To boost investor confidence, Comcast needs to show stable broadband numbers, progress at Peacock, and stronger cash flow, especially amid ongoing concerns about the cable sector.

At the end of April, NFL Network went dark on Comcast Xfinity cable. It's now June, and the channel remains unavailable to Xfinity subscribers.
Viewers who turn the channel to NFL Network are greeted with a message saying, "This channel is unavailable. Our contract with the owner of this channel has ended. As a result, the channel is currently unavailable through Xfinity."
ESPN now controls NFL Network, and Xfinity says ESPN and Disney have not proposed a deal that makes sense.
"Comcast pays programmers to bring customers the entertainment, information, and sports they want," Xfinity says on its website. "Comcast works to negotiate fair terms to ensure the greatest value for customers given all the ways content can be accessed today. So far, Disney/ESPN has not proposed a deal that Comcast believes is fair for its customers. Comcast continues to work towards making this programming available again with fair pricing, terms, and conditions for customers."
For its part, Disney says it proposed keeping NFL Network available while the two sides negotiated, but Comcast took it down.