☀️COMCAST Q4: Movies ⬇️, Cable TV 🤞 And The PEACOCK Problem

NBA sinks streaming 💰, how COMCAST is fighting for its core business and why theme parks get all the love

Welcome to a special #medianerd🤓 NYC lunchtime Wakeup (Rushfield said to order pizzas — but nothing with anything green on it 🥬, which I wholly support).

The fellas at COMCAST, who sound a lot like my Jersey Catholic high school classmates (Brian, Mike, Jason and Steve), sent out their big missive from the COMCAST tower in Philly with the latest numbers for Q4 and FY25 at Hollywood’s biggest company — no, I’m not counting AMAZON. You don’t report numbers for your Hollywood business? You sit on the bench with APPLE.

Wall Street seems to be choosing to keep a good thought today on the future for this company, as its broadband numbers are not getting any better in the present. Actually, they’re getting worse. But don’t worry — Steve’s on it!

So, come take a look at:

• The down numbers in movies, but a good year for money in the banana stand at NBCU and how Donna runs a pretty steady ship.

• Why NBCU keeps investing in more theme parks.

• The latest #cordcutting data from America’s #2 TV bundle provider.

• How the NBA is blowing up the PEACOCK balance sheet, if the streamer is saving NBCU from #cordcutting woes and . . . yeah, just what’s the plan here?

• How COMCAST is going on the attack to save its core business line (this is what Wall Street likes), and much more.

But first . . .