CMCSA Comcast Corporation Class A

Comcast and Sinclair Broadcast Group, Inc. Announce Multi-Year Content Carriage Agreement

Comcast and Sinclair Broadcast Group announced today the companies have reached a multi-year renewal on their content carriage agreement that includes continued retransmission consent of 78 Sinclair television stations in 51 major markets across Comcast’s cable television footprint, as well as continued distribution of the Tennis Channel, 18 Fox-branded regional sports networks, and YES Network for Xfinity TV customers.

This press release features multimedia. View the full release here:

In addition, Xfinity TV customers in the Chicagoland area will be able to access Marquee Sports Network, the new regional sports network jointly owned by Sinclair and The Chicago Cubs, in time for the first home-opener of the 2020 MLB season on Friday, July 24. Chicago customers with X1 can also find Marquee programming seamlessly integrated via the Xfinity Voice Remote and within Sports Zone, a destination available within the X1 guide that will give Cubs fans quick access to previews of upcoming games, live scores, in-game stats and more.

“With this agreement, Xfinity TV customers can continue to enjoy access to local news and sports content on Sinclair’s owned stations and networks across platforms, including on X1 – which delivers Xfinity customers an unmatched sports experience alongside on demand and streaming entertainment,” said Rebecca Heap, Senior Vice President, Video and Entertainment, Comcast Cable.

“We are pleased to continue and expand our partnership with Comcast under which we provide a broad array of valuable programming to its subscribers, including our award-winning local news and sports programming,” commented Barry Faber, Sinclair’s President of Distribution & Network Relations. Faber continued, “Sports are an important part of Sinclair and we are pleased that Comcast’s greater Chicago customers can join the list of passionate fans that enjoy Sinclair’s local sports programming.”

“By including Marquee in the broader Sinclair agreement, we’re now able to give our customers access to Cubs baseball in time for the start of the season,” said John Crowley, Senior Vice President, Comcast Cable Greater Chicago Region.

Mike McCarthy, Vice President, General Manager of Marquee commented, "We welcome Comcast to the Marquee family and look forward to providing their customers the very best viewing experience and commentary, as they join Len Kasper and Jim Deshaies in rooting on the Cubs pursuit of another World Series Championship.”

Financial terms of the deal were not disclosed.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit for more information.

About Sinclair Broadcast Group, Inc.

Sinclair (Nasdaq: SBGI) is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 23 regional sports network brands; owns, operates and/or provides services to 191 television stations in 89 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at .

EN
24/07/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Blair Levin
  • Blair Levin

What Policies Matter to Telco’s Success: Supply Side or Demand Side? ...

T CEO John Stankey recently said that “I’ve never seen federal policy this supportive of market-based investment in advanced networks.” That statement raises multiple interesting investor related questions about what does, and does not, support investment in advanced networks, including the relative importance of those policies that drive supply and those that drive demand, and how government is treating advanced networks versus networks that have lower cost structures but also involve lower pe...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: The value unlock trade? Nope. No major change in fundamentals

We shared our view of Comcast’s results this morning. Results were in line and commentary on the business fundamentals were mostly unchanged. In this note following the earnings call and our follow-up conversations, we address the following key investor issues including 1) the big picture value unlock theory; 2) the newly (apparently) amended VZ MVNO agreement; 3) broadband ARPU growth; 4) Connectivity EBITDA growth; 5) 2026 capital spend; 6) wireless net adds, and 7) 2026 FCF.

Vikash Harlalka
  • Vikash Harlalka

CMCSA 4Q25 Quick Take: Results mostly in line; Waiting to hear what’s ...

Comcast’s results were mostly in line with estimates. Broadband losses and ARPU were in line. On the call, we would be keen to hear about subscriber trends in 1Q. We don’t expect any major changes to the stock price based on these results. What will drive the stock today is commentary on 1Q broadband trends and potential ‘value unlock’ from an NBCU spin.

Blair Levin
  • Blair Levin

Can CMCSA Buy CHTR After the Cox Deal is Done?

With the CHTR/Cox deal moving towards approval and CMCSA out of running for WBD, we are again getting questions as to whether CMCSA could buy the combined CHTR/Cox entity. Further, as our New Street colleagues discussed yesterday, there has been a divergence in the stock price performances of Comcast and Charter driven by a potential ‘value unlock’ resulting from a potential split of Comcast cable from NBCU. It is beyond the scope of our expertise to analyze the financial details that could jus...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Potential Value Unlock?

Investors have been asking about the diverging stock price performance between Comcast and Charter. We believe the reason is an expanding conversation about the potential ‘value unlock’ that could emerge were Comcast to split its cable and NBCU businesses. In this note, we estimate what Comcast could be worth were this scenario to play out. To be clear, we are skeptical. Not that it shouldn’t happen, but rather the Roberts’ are too invested in their belief about the synergy between these entitie...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch