Comcast enters streaming bundle race
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 21 May 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Show Notes
Macy's Q1 results top expectations, lifts guidance, but comp sales remain negative
Episode transcripts seekingalpha.com/wsb
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis. |
| 0:10.0 | Good afternoon. Today is Tuesday, May 21st, and I'm your host, Kim Khan. Our top story so far. |
| 0:16.0 | The latest big streaming service bundle has been priced to offer users at least a 30% discount over the cost of subscribing to the three services separately. |
| 0:25.0 | StreamSaver, a package including Comcast's Peacock premium with ads, Netflix's Basic with |
| 0:31.0 | ads, and Apple TV Plus is coming to customers in Comcast's footprint |
| 0:35.4 | for a total cost of $15 per month. Speaking at a J.P. Morgan investor conference |
| 0:40.1 | Comcast cable chief Dave Watson revealed the price details, saying it's a home run for consumers. |
| 0:46.0 | We're thrilled to have Netflix at Apple as partners. |
| 0:49.0 | Bundling streaming services into discounted packages doesn't just look to replicate the traditional cable |
| 0:54.1 | satellite channel bundle, but the growing practice helps streamers reduce turn and save on |
| 0:58.9 | customer acquisition as they mature into more profit-focused models. |
| 1:02.6 | The Streamsaver Peacock Netflix Apple Bundle |
| 1:05.2 | was just announced last week, but it follows in the footsteps of Disney's own |
| 1:08.8 | bundle of Disney Plus, Hulu, and E-SPN Plus. |
| 1:12.1 | Disney's new Triple Play bundle with Warner Brothers Discovery. Plus, Hulu, Hulu, and E-SPN Plus. |
| 1:12.5 | Disney's new Triple Play bundle with Warner Brothers Discovery of Disney Plus Hulu and Max is also |
| 1:17.4 | there, and the Sports Focused Venue Sports, combining sports events from Disney, |
| 1:22.2 | Warner Brothers, and Fox. |
| 1:24.0 | In today's trading, stocks are little changed with some caution ahead of |
| 1:28.0 | NVIDIA's earnings report on Wednesday. Treasury yields are slightly lower, |
| 1:31.0 | but most of the action is in crypto. |
| 1:34.0 | Cryptos are rallying led by ether, as investors are increasingly betting on the SEC doing a 180 |
... |
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