US agency approves Charter Communications' $34.5 billion deal to buy Cox February 27, 20268:48 PM UTCUpdated ago By Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv United States Federal Communications Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab WASHINGTON, Feb 27 (Reuters) - The Federal Communications Commission said Friday ...

Feb 26 (Reuters) - CNBC is restructuring its newsroom to unify its TV and digital operations in a move that would result in nearly a dozen layoffs including the departure of the website's managing editor, Jeff McCracken, four sources familiar with the matter told Reuters.The cuts are part of an overhaul under Editor-in-Chief David Cho, as CNBC prepares to introduce a paywall on its website, the sources said, requesting anonymity because the information was not public.The layoffs are not aimed at cutting cos ...

Vistance Networks (NasdaqGS:COMM) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsAmit Daryanani - Senior MdChuck Treadway - President and CEOJenny Thompson - VP, Investor RelationsKyle Lorentzen - EVP and CFOConference Call ParticipantsBrendan Lynch - VP and Senior Research AnalystSamik Chatterjee - Equity Research AnalystTim Savageaux - Senior Research AnalystOperatorGood day, and thank you for standing by. Welcome to the Vistance Networks fourth quarter and full year 2025 earnings ...

Vistance Networks (NasdaqGS:COMM) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Speaker5Good day, and thank you for standing by. Welcome to the Vistance Networks fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listening mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message advising your hand i ...

Verizon Communications Inc. (NYSE:VZ) is included among the 14 Best Low Volatility Dividend Stocks to Invest in. Daiwa Upgrades Verizon (VZ) as Subscriber Growth Signals Strong Momentum Ken Wolter / Shutterstock.com On February 19, Daiwa upgraded Verizon Communications Inc. (NYSE:VZ) to Buy from Outperform. The firm also raised its price target to $58 from $48. The analyst pointed to the company’s fourth-quarter performance, which showed clear momentum. Verizon reported “stellar” Q4 metrics, including 6 ...

Core Insights - Comcast has opened a new Xfinity Store in South Bend, Indiana, enhancing its retail presence in the Michiana area and providing convenience for local residents and businesses [1] - The grand opening included a ribbon-cutting ceremony attended by local officials and community organizations, highlighting Comcast's commitment to the region [1] - Comcast awarded $17,500 in grants to the South Bend Education Alliance and South Bend Code School to support digital education initiatives [1] Retail Expansion - The new Xfinity Store is located at 4615 Miami Street, near the Erskine Village Shopping Center, and features an interactive design for customers to experience Xfinity products and services [1] - This store joins existing Xfinity locations in Granger and Elkhart, further solidifying Comcast's retail footprint in the area [1] - The store aims to provide convenient access to a range of services, including residential products, business technology solutions, and home security options [1] Community Investment - Comcast's grants will support the South Bend Code School's digital education programs and provide resources to public schools through the South Bend Education Alliance [1] - Over the past three years, Comcast has contributed more than $3 million to Indiana nonprofits as part of its $1 billion initiative, Project UP, aimed at enhancing digital opportunities [1] - Local officials expressed gratitude for Comcast's investment in education and digital skills development, emphasizing the importance of closing the digital divide [1]

Core Viewpoint - Peacock is planning to sell add-on subscriptions to other specialty streamers on its platform to enhance its content offerings and attract new subscribers [1][2]. Group 1: Peacock's Strategy - Peacock aims to partner with a limited number of specialty streamers, starting with one this year, to provide complementary content to its existing reality and sports-heavy lineup [2]. - The terms offered by Peacock for these partnerships are considered more favorable compared to Amazon's, which reportedly takes over 50% of subscription revenue from its partners [4]. - Peacock has already implemented a similar strategy by selling add-on subscriptions to NBC Sports Regional Sports Networks and bundling with Apple TV+ [8]. Group 2: Industry Context - The streaming market is experiencing pressure for consolidation, particularly among services outside of Netflix and Disney, as they seek to grow subscriber bases while maintaining profitability [5]. - Overall paid streaming growth in the US has slowed, with rising cancellation rates following price increases, indicating a challenging environment for many streaming services [5][6]. - A Nielsen survey revealed that 51% of US respondents find it harder to locate desired content due to the abundance of streaming options, with many expressing interest in a unified content guide across services [12]. Group 3: Competitive Landscape - Peacock currently holds less than 2% of TV watch time in the US, making it the second-smallest subscription streamer, only ahead of Warner Bros. Discovery [9]. - With approximately 44 million subscribers, Peacock lags behind competitors like Paramount+ (79 million) and Netflix (over 325 million) [10]. - Other platforms, such as Amazon, Roku, and YouTube, have adopted broader marketplace approaches, with Amazon's "Channels" program accounting for about 25% of US streamer sign-ups [7]. Group 4: Consumer Insights - Analysts suggest that providing more reasons for consumers to subscribe to Peacock is a smart move, as many users struggle to find content they want to watch [11]. - The Nielsen survey indicates that consumers spend an average of 14 minutes searching for content, with 49% likely to cancel subscriptions due to difficulty in finding shows [12].

Core Viewpoint - Netflix's stock decline in January is attributed to uncertainties surrounding its acquisition of assets from Warner Bros. Discovery, amidst a broader market concern over spending in data centers and AI [1] Group 1: Acquisition Context - Warner Bros. Discovery's restructuring was driven by poor stock performance, heavy debt, and declining content revenue, leading to plans for separation into two publicly traded companies: Streaming and Studios, and Global Networks [4][5] - On October 21, 2025, Warner Bros. announced it was exploring asset sales, with Netflix, Paramount Skydance, and Comcast identified as potential suitors [6] Group 2: Netflix's Acquisition Offer - On December 5, 2025, Netflix confirmed a definitive agreement to acquire assets from Warner, including HBO and HBO Max, valued at $27.75 per share in a cash-and-stock transaction [7] - Following Netflix's announcement, Paramount made an all-cash tender offer of $30 per share for Warner Bros. Discovery, prompting Netflix to amend its offer to an all-cash structure while maintaining the $27.75 per share value [8] - The total deal value for Netflix's acquisition is nearly $83 billion, with Paramount committing to cover a $2.8 billion termination fee if Warner switches deals [8] Group 3: Approval Process and Timeline - Netflix's acquisition offer is undergoing its own approval process, with a WBD shareholder vote expected by April 2026 [9] - Regulatory filings are in progress in the U.S. and Europe, with Netflix projecting the deal to close within 12 to 18 months of the original agreement [9]

Group 1: Hyatt Hotels Corp - Thomas Pritzker has announced his immediate retirement as Executive Chairman of Hyatt Hotels Corp, ending a 45-year tenure, citing his past association with Jeffrey Epstein and Ghislaine Maxwell as a significant misjudgment that necessitated his exit to protect the company's reputation [2][10] - Mark S. Hoplamazian, who has served as CEO since 2006, has been appointed as the new Chairman, consolidating leadership roles within the company [3][10] Group 2: Electric Vehicles in the EU - The European Union is finalizing new rules requiring Electric Vehicles (EVs) to consist of at least 70% EU-made components to qualify for state support, aimed at bolstering the domestic automotive supply chain and reducing reliance on foreign manufacturers, particularly from China [4][5][10] - This protectionist shift may increase the cost of EVs for European consumers in the short term while aiming to ensure that public funds benefit the EU's manufacturing sector [5] Group 3: Sky Group and Warner Bros. Discovery - Sky Group has decided not to renew its major licensing agreement with Warner Bros. Discovery, marking the end of a multi-decade partnership and signaling a new era of streaming competition [6][10] - The non-renewal allows Warner Bros. Discovery to launch its Max streaming service as a standalone product in key markets, while Sky will need to pivot towards original programming and alternative partnerships to compensate for the loss of high-profile HBO titles [7][10]

Core Insights - Comcast Business is partnering with NBCUniversal to manage critical components of the linear and digital broadcast for major events including Super Bowl LX, the Milan Cortina 2026 Olympic Winter Games, and the 2026 NBA All-Star Game [1] Group 1 - Comcast Business provides end-to-end connectivity that supports NBCUniversal's live coverage across broadcasts [1]