Comcast shares drop after cable chief says broadband subscribers to fall more than 100K
Financial terms of the pacts were not disclosed.
However, Bloomberg reported, citing people familiar with the agreement, that TNT was renewed at around the same fee previously while the amount that Warner Bros. Discovery is to be paid is higher overall.
More on Comcast
- Comcast: Spinoffs Don’t Solve The Problems
- Comcast: Analyst’s Bearishness On Cable Spinoff Is Wrong. It’s A Genius Move
- Comcast’s Earnings Shockers: Ignore The Hype, There Was More Important News
- ‘Moana 2’ continues record-setting run as ‘Wicked’ comes in second
- ‘Moana 2’ earns record $221M during Thanksgiving holiday weekend