Comcast Faces NFL Network Blackout, NBCUniversal Eyes Video Games
NFL Network remains blacked out on Comcast due to a dispute with Disney, while NBCUniversal is reportedly assessing a major expansion into video games following its planned separation from Comcast.
NFL Network remains blacked out on Comcast (CMCSA) as an impasse with content owner Walt Disney (DIS) continues with the approach of football season. The prolonged absence affects Comcast subscribers who expected NFL programming in the upcoming months.
Details of the Dispute
The dispute between Comcast and Disney revolves around retransmission fees, as no new agreement has been reached for carrying NFL Network. This blackout puts pressure on Comcast at a critical time as the season begins.
NBCUniversal Eyes Video Games
In a separate development, Comcast announced plans to separate NBCUniversal and Sky from its broadband business. According to reports, NBCUniversal is now assessing a major push into video games, preparing for life as a standalone entity. Details of the strategy have not been disclosed.
What This Means for Investors
The NFL Network blackout could impact subscriber loyalty for Comcast, especially as the season approaches. Meanwhile, NBCUniversal's move into gaming signals revenue diversification but requires significant investment. Investors are watching the separation's progress and its impact on the valuation of both entities.
Frequently Asked Questions
Found this useful? Share it