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COMCAST CORPORATION

(CMCS.A)
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Comcast and The Walt Disney Company Announce Content Carriage Agreement

11/30/2021 | 10:31am EST

ESPN’S ACC Network to Launch in Coming Weeks

Comcast and The Walt Disney Company announced today the companies have renewed their content carriage agreement and will continue to make Disney’s robust lineup of sports, news, kids, family and general entertainment programming available to Xfinity TV customers. Additionally, Comcast will distribute the ACC Network to its Xfinity customers, allowing fans and followers of the Atlantic Coast Conference to access the multiplatform network in the coming weeks.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211130005773/en/

The multi-year agreement encompasses continued distribution of Disney’s cable channels, including the ESPN networks, the Disney branded channels, Freeform, the FX networks, and the National Geographic channels. The renewal also includes continued distribution of the SEC Network, now in its eighth season, as well as retransmission consent for the ABC Owned Television Stations in New York (ABC7/WABC-TV), Chicago (ABC7/WLS-TV), Philadelphia (6ABC/WPVI-TV), San Francisco (ABC7/KGO-TV), Houston (ABC13/KTRK-TV), Raleigh-Durham (ABC11/WTVD-TV) and Fresno (ABC30/KFSN-TV). Earlier this year, Comcast launched Disney+ and ESPN+ to Xfinity customers and those services continue to be available.

“We are very pleased to have reached this comprehensive agreement with Disney to continue providing Xfinity customers access to their content across our industry-leading platforms,” said Rebecca Heap, Senior Vice President, Consumer Products & Propositions, Comcast Cable.

“We’re very happy to extend our longstanding relationship with Comcast and continue to provide their Xfinity customers with Disney’s best-in-class programming,” said Sean Breen, Executive Vice President, Platform Distribution, Disney Media & Entertainment Distribution. “In addition to our news, sports and general entertainment offerings, the launch of the ACC Network in the coming weeks, paired with the renewal of the SEC Network, will give Xfinity’s college sports fans long-awaited access to their favorite games.”

Xfinity delivers all the best live, on demand and streaming entertainment to customers via its X1 and Flex devices, all accessible and discoverable with the award-winning Xfinity Voice Remote. X1 and Flex customers can access Disney’s premier programming by saying the name of a Disney channel (like “Freeform” or “ESPN”) or streaming services (like “Disney+,” “Hulu” or “ESPN+”) in the voice remote, or by saying the name of a desired title from the Disney channels or streaming services.

About Comcast

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

About The Walt Disney Company

The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise that includes Disney Parks, Experiences and Products; Disney Media & Entertainment Distribution; and three content groups—Studios, General Entertainment and Sports—focused on developing and producing content for DTC, theatrical and linear platforms. Disney is a Dow 30 company and had annual revenues of $67.4 billion in its Fiscal Year 2021.


ę Business Wire 2021
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Financials (USD)
Sales 2021 116 B - -
Net income 2021 14 066 M - -
Net Debt 2021 87 243 M - -
P/E ratio 2021 16,5x
Yield 2021 2,00%
Capitalization 227 B 227 B -
EV / Sales 2021 2,72x
EV / Sales 2022 2,56x
Nbr of Employees 168 000
Free-Float -
Chart COMCAST CORPORATION
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Comcast Corporation Technical Analysis Chart | CMCS.A | US20030N1019 | MarketScreener
Technical analysis trends COMCAST CORPORATION
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 36
Last Close Price 49,73 $
Average target price 63,30 $
Spread / Average Target 27,3%
EPS Revisions
Managers and Directors
Brian L. Roberts Chairman, President & Chief Executive Officer
Michael J. Cavanagh Chief Financial Officer
Jeff Votaw Vice President-Engineering
Candy Lawson Chief Compliance Officer & Senior Vice President
Karen Dougherty Buchholz Executive Vice President-Administration
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