Modern Family first hit TV screens over 14 years ago!
25.01.2024 - 15:49 / deadline.com
Comcast saw fourth-quarter net income of close to $3.3 billion as revenue passing $31 billion, up, respectively, 7.8% and 2.3%, with the numbers beating Wall Street forecasts. Peacock hit some milestones, studio profit surged and theme parks continue strong.
Free cash flow was $1.7 billion vs $1.3 billion.
The media giant lost video and broadband customers, but added wireless subscribers.
The stock is up 2.4% in pre-market trading as the company boosted its dividend and announced a big $15 billion stock repurchase program.
Peacock added 3 million subscribers from Q3 to hit 31 million subs – up nearly 50% from the year earlier. Streaming revenue rose 57% year-on-year to pass $1 billion. The streamer lost $825 million, narrowed from $978 million the year earlier. The Kansas City Chiefs win over the Miami Dolphins, was a record breaker for Peacock earlier this month. The AFC Wild Card game was streamed exclusively on Peacock for most of the U.S.
Also last quarter, Comcast got an initial $8.6 billion check from Disney for its one-third stake in Hulu. It may get more as the two companies and their respective investment bankers hash out a valuation for the asset.
The Media division saw revenue nose up despite a drop in advertising sales. Profit fell on increased sports programming costs and higher programming costs at Peacock.
Domestic advertising revenue fell 6.9% but Comcast said that mostly reflected Telemundo’s broadcast of the FIFA World Cup in the prior year. Excluding that, advertising revenue increased 2.7% as increased ad sales at Peacock offset by lower revenue at media networks. Ongoing soft advertising on linear television has become a big headache for media companies.
Universal Studios was no. 1 in worldwide
Modern Family first hit TV screens over 14 years ago!
Comcast hosted about 300 at its Philadelphia headquarters Tuesday to highlight the technology side of its business, one that’s less covered than entertainment but sets it apart from media rivals, and gives its content an attractive home.
Jordan Moreau Deadpool is slicing his way into the Marvel Cinematic Universe — and the record books. The first trailer for “Deadpool and Wolverine,” which debuted Sunday during the Super Bowl, has broken the record for the most-viewed movie trailer within 24 hours with an astounding 365 million total views, per Disney. The previous record holder was the trailer for fellow Marvel movie “Spider-Man: No Way Home,” which had 355.5 million views in its first 24 hours back in 2021.
Selome Hailu The Feb. 11 Super Bowl game between the Kansas City Chiefs and the San Francisco 49ers brought in an average of 123.4 million viewers — the highest number of people watching the same broadcast in the history of television. 112 million of those viewers were tuned into the CBS broadcast — the largest audience ever for a single network.
Drake came out of the Super Bowl a lot richer — and now a lucky fan is about to become a millionaire because of it!
Drake won big on last night’s Super Bowl, claiming a million dollar prize after placing a bet on the Kansas City Chiefs to win.Super Bowl LVIII went down last night (February 11) at Allegiant Stadium in Las Vegas, with Taylor Swift’s boyfriend Travis Kelce helping the Kansas City Chiefs to beat the San Francisco 49ers 25-22.Drake was not in attendance, but was nonetheless a highly interested observer, after placing a $1.15 million (£910,000) stake on the Chiefs, which allowed him to double his money.Drake celebrates winning his $1 Million Super Bowl bet pic.twitter.com/M2rhbuCkbu— Daily Loud (@DailyLoud) February 12, 2024Posting on Instagram stories, Drizzy was celebrating, saying, “I won a million dollars”, and “can’t bet against the Swifties”.It appears that for once, the ‘Drake curse’ did not hit – the supposed trend of the rapper being a bad-luck charm for sports teams and stars when he poses with them or places a bet on them to succeed.Manchester City and Barcelona have both been on the wrong end of the Drake curse in recent years, although another million dollar bet, on Argentina to win the 2022 FIFA World Cup, also came good for the rapper.In other Drake news, he recently rekindled his ongoing feud with The Recording Academy, slamming them during the Grammys ceremony.Posting to his Instagram Stories, he shared a short snippet of his speech at the 2019 awards – for which he won in the category of Best Rap Song for his track ‘God’s Plan’.In the caption, he wrote: “All you incredible artists remember this show isn’t the facts, it’s just the opinion of a group of people [whose] name are kept a secret (literally you can Google it).“Congrats to anybody winning anything for hip hop but this show doesn’t dictate shit in
Barbie” and Christopher Nolan’s “Oppenheimer” ignited the summer box office, the blockbusters with twin release dates are bringing populist energy to the Oscars. Yet the one-two punch of “Barbie” ($1.445 billion globally) and “Oppenheimer” ($957 million), along with a valiant assist from Martin Scorsese’s crime epic “Killers of the Flower Moon” ($156 million), can’t compete with the box office power of last year’s contenders. Led by “Avatar: The Way of Water” ($2.3 billion) and “Top Gun: Maverick” ($1.5 billion), the 10 films up for best picture in 2023 were collectively the highest grossing in more than a decade, racking up $4.4 billion worldwide.
Never give Patrick Mahomes another chance.
Jordan Moreau Kansas City Chiefs beat the San Francisco 49ers at the Super Bowl on Sunday, securing the NFL’s first back-to-back Super Bowl wins in 20 years with a game that went into overtime for only the second time in Super Bowl history. In the end, Kansas City won 25-22. The 49ers took the lead early on but the lead turned over several times during regulation play.
Rebecca Rubin Film and Media Reporter Matthew Vaughn’s spy thriller “Argylle” emerged victorious over newcomer “Lisa Frankenstein” in a moribund box office with both films struggling to show signs of life. “Argylle” claimed the No. 1 spot again with $6.5 million from 3,605 North American venues, marking a steep 62% decline from its disappointing debut.
other NFL sweethearts. Kansas City Chiefs quarterback Patrick Mahomes, 28, and his wife Brittany, 28, were already football famous — he was Super Bowl MVP last year, after all — but their friendship with Swift and Chiefs tight end Travis Kelce, 34, has rocketed them to a different pop-culture stratosphere.Now, with Patrick leading the Chiefs in Super Bowl LVIII against the San Francisco 49ers Sunday, the Mahomeses are building their own mini empire.
People in Stockport say parts of the town centre and bordering areas are become a "free car park". Motorists have been spotted leaving their vehicles blocking public pavements and squares, forcing people to walk on the road or avoid routes altogether.
Amazon’s Prime Video, which is coming off a sizable ratings uptick for Thursday Night Football in the second year of its exclusive rights deal, will be the only place for viewers to watch an NFL playoff game next January.
The Hunger Games movies, adapted from Suzanne Collins‘ dystopian novels, have left a lasting legacy on pop culture that we are still feeling in 2024!
It’s a safe bet that everyone can easily name their favorite female pop star from the golden age of music in the ’00s. But do you also know who is the wealthiest?
It’s hard to believe Modern Family first hit TV screens over 14 years ago!
Comcast execs did some more crowing about Peacock’s landmark AFC Wild Card game this month and said it drove paid signups to the streaming service. They declined to specify how many new customers came aboard but said they’re focused on retaining those — and all — subscribers and scaling up the streamer, which passed $1 billion in revenue and hit 31 million subscribers last quarter.
Brian Steinberg Senior TV Editor Comcast saw fourth-quarter profit surge by 7.8% as the cable giant increased the number of businesses using its communications services, its Peacock streaming hub added 3 million subscribers and its theme parks saw robust activity. “Our unique and complementary capabilities will enable us to capitalize on the many opportunities ahead,” said Brian Roberts, the company’s chairman. Comcast is, like its rivals, navigating in a difficult period for media companies as one-time TV viewers migrate to streaming video, reducing interest in traditional linear entertainment services and traditional cable.
Todd Spangler NY Digital Editor NBCUniversal‘s Peacock deal to exclusively stream the NFL‘s AFC Wild Card matchup between the Kansas City Chief and the Miami Dolphins delivered an end-zone spiking TD for the streamer, according to new data. NBCU already claimed the Jan. 13 playoff game was the biggest live-streamed event in U.S.
Todd Spangler NY Digital Editor Netflix extended its lead as the world’s biggest premium video-streaming platform — gaining a better-than-expected 13.1 million subscribers for the fourth quarter of 2023. The company’s Q4 revenue came in slightly over Wall Street forecasts, while net income fell short. As of the end of 2023, Netflix counted 260.28 million total members globally.