Comcast Corporation, a Pennsylvania corporation (the "Company") today announced that it has commenced cash tender offers to purchase any and all of its outstanding 2.350% Notes due 2027; 3.300% Notes ...

A cyberattack exposed the personal information of approximately 36 million Xfinity customers in October 2023. Now, Comcast has settled a class-action lawsuit related to the hack, agreeing to pay $117.

After a few bumpy outings due to Covid and less-than-optimal host cities, the Olympics flourished last summer in Paris, with viewership gains and advertising records. With more happy returns expected ...

Note: This story, originally published Nov. 5, was updated on Nov. 20 to reflect Comcast’s formal plans to spin off its cable networks. Comcast is cutting the cord on its cable network portfolio – a ...

“We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition will unlock," Mark Lazarus, who will lead the new firm, promised. By ...

More than $117 million has been set aside after a 2023 Xfinity data breach.

Comcast continues to face cable TV erosion, but total revenue has grown 19% over the past five years due to broadband, studios, and theme parks. Margins have softened but remain. Elevated CAPEX for ...

Millions of current and former Xfinity customers may be eligible for cash payments or reimbursement after Comcast agreed to a $117.5 million settlement.

Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a separate publicly traded entity. Investors' ...

Comcast is moving forward with the spinoff of its cable network channels, including CNBC, MSNBC and E!, the company said Wednesday. The announcement comes weeks after Comcast executives said during ...

Cable TV is in trouble — but it still makes money, for now. Maybe there's still time for a pivot.

Comcast generated an extra $2.2 billion due to NBC’s February telecasts of the Winter Olympics from Milan Cortina and the Super Bowl. And yet, the cable-and-content giant said profit fell 35.6% as it ...