Comcast Launches a Slimmed-Down Peacock This Week [The Motley Fool]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: The Motley Fool
After announcing its new streaming service in January,Comcast(NASDAQ:CMCSAPeacockThe service joins a parade of new streaming competitors --AppleDisneyNYSE:DISRokuNASDAQ:ROKUNetflixNASDAQ:NFLXHowever, despite streaming's surging popularity, Comcast's launch comes with something of a warning for the rest of thestreaming universeImage source: Comcast.Peacock loses its strutPeacock was aiming for a full-on launch of its new streaming service this year, but with the coronavirus pandemic suspending virtually all new TV and film production, Comcast will delay much of the new original content that was set to launch on Peacock until next year. According toThe Wall Street JournalInstead of leading with original content, the service will rely on staples from the NBC library likeParks and Recreation0 RockLaw and OrderPeacock's dependence on advertising underscores another challenge that Comcast is facing. With businesses shuttered and consumers stuck at home, the advertising market is starting to
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- Netflix–Warner Bros. deal sets pp $72 billion antitrust test [Fortune]Fortune
- Netflix Breaks From 'Build, Not Buy' With Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
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