For Comcast, the Acquisition of Vudu Is About One Thing [The Motley Fool]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: The Motley Fool
When streaming-video platform Vudu announced earlier this week it was to be acquired byComcast(NASDAQ:CMCSAThere's more to the deal than may meet the eye, however. With the pairing, Comcast's NBCUniversal unit -- which is technically the co-owner of Fandango -- now has control of a slightly bigger piece of the entire streaming video market. While Vudu may not be the belle of the ball, the acquisition at least prevents a rival from taking control of the platform.More than anything, though, Comcast's interest in a somewhat clunky Vudu suggests the company is making a proverbial "all-in" bet on streaming.What Vudu is, and why Comcast wants itVudu, currently owned by retailerWalmartupcoming Peacock platformNonetheless, the deal is a tad strange.Image source: Getty Images.See, Comcast didn't need Vudu. It could conceivably build its own Vudu-like service. Indeed, both Comcast andAT&TFebruary acquisition of streaming provider XumoThere's a method to the apparent madness, though, and it's no
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News
- AT&T to Webcast Fireside Chat with John Stankey at the UBS Global Media and Communications Conference on Dec. 9PR Newswire
- AT&T to Release Fourth-Quarter 2025 Earnings on Jan. 28PR Newswire
- What Do You Know About Black Friday? [The New York Times]The New York Times
- Bernstein Reiterates a Buy on AT&T Inc. (T), Keeps the PT [Yahoo! Finance]Yahoo! Finance
- 77% of U.S. Consumers Would Complete All Holiday Shopping at Small Businesses, According to Latest AT&T Business Holiday Shopping SurveyPR Newswire
T
Earnings
- 10/22/25 - Miss
T
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- T's page on the SEC website