As part of the deal, NBCUniversal and Peacock will pay $1.5 million to L.A. County's Department of Consumer and Business Affairs; $100,000 to cover the investigation costs and $2 million in civil penalties.

Summary Comcast is a consistent dividend payer with underperforming stock due to cable TV uncertainty. Strong free cash flow and financial strength support dividend growth, especially as Peacock ...

Trends favor cord-cutting and switching to streaming services, leading to customer losses. Comcast's Peacock service saw growth, but remains unprofitable after five years. Universal Studios ...

Comcast’s Cable Channels Spin-Off Gets Mixed Wall Street Reaction “We see a real opportunity to invest and build additional scale and I'm excited about the growth opportunities this transition ...

Parts of Comcast might be struggling, but the company still feels “well positioned” in advance of the TV upfronts in May, according to Chief Financial Officer Jason Armstrong. Comcast has confidence in “a healthy Peacock subscriber base” and strong content across entertainment and news, Armstrong told investors during the company’s quarterly earnings report on Wednesday. […]

Comcast posted higher-than-expected revenue in its fourth quarter with growth boosted in part by top-line gains at Peacock and its studio business. The cable-and-entertainment company logged net ...