Comcast Shares Slide
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Comcast Corporation has appointed Steve Croney as CEO of its connectivity and platforms division Announced this week, Croney will start the role on January 1, 2026, replacing Dave Watson, who will become vice chairman of Comcast Corporation.
Comcast President Mike Cavanagh hinted the company was interested in certain assets, telling analysts: "You should expect us to look at things that are trading in our space ... [but] the bar is very high for us to pursue any [merger] transactions.
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Comcast Chief Reacts to Warner Bros. “For Sale” Sign, Suggests Interest in Studios and Streaming
Mike Cavanagh was asked about the reported interest in Warner Bros. Discovery, adding that the bar remains high for any deals.
Comcast signaled caution on big media deals but left the door open to future moves as speculation grows over a possible Warner Bros. Discovery tie-up.
Comcast leaders hedged their words carefully when pressed by analysts about the company's appetite for M&A activity such as Warner Bros. Discovery.
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Comcast Names Dave Watson Vice Chair, Promotes Steve Croney to CEO of Connectivity & Platforms
Steve Croney is exactly the right leader for the future. He is a trusted and accomplished executive who has been instrumental in advancing our operational transformation."
Comcast’s Mike Cavanagh said today that if the company was looking at M&A it would be interested in streaming and studio assets.
Theme park revenue climbed 18.7% in the third quarter for Comcast Corp., propelled by the early months of operation of Epic Universe, the company reported Thursday.
Comcast is scheduled to announce its earnings on Thursday. Revenue is predicted to decrease by around 4%, while earnings are anticipated to be about $1.10 per share.