Comcast unveils StreamSaver bundle
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 15 May 2024
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. |
| 0:09.0 | Today is Wednesday, May 15th. |
| 0:11.2 | I'm Julie Morgan. |
| 0:12.8 | Comcast is getting in on the streaming bundle business. |
| 0:16.3 | JNJ is exiting Kenview, and CVS is warning investors of a strong possibility. |
| 0:23.0 | The struggle over who will get your $1.99 a month continues. |
| 0:28.0 | Comcast is launching a new cable-like streaming bundle that will include peacock, Netflix, and Apple TV and |
| 0:35.0 | what they say is a vastly reduced price to anything in the market today. |
| 0:39.6 | Comcast Chief Brian Roberts made the announcement at the Moffitt Nathanson's |
| 0:44.4 | 2024 media, internet and communications conference in New York. |
| 0:49.3 | He said the reduced price is everyday pricing and not introductory pricing. |
| 0:54.4 | The company will reveal more details on the new bundle, |
| 0:57.6 | including the price sometime this month. |
| 1:00.3 | The new bundle called StreamSaver will be available to all Comcast broadband and TV customers. |
| 1:06.5 | And you'll remember it was just a week ago that Disney and Warner Brothers Discovery unveiled their streaming bundle that includes Disney Plus, Hulu, and Max. |
| 1:16.5 | Also, the two companies have partnered with Fox to launch a joint sports streaming service this fall. |
| 1:23.0 | Johnson and Johnson is exiting Kenview. |
| 1:26.1 | Kenview has priced its secondary underwritten public offering of 182.3 million shares |
| 1:32.2 | at 20 bucks a piece, which are being offered as part of Johnson and Johnson's |
| 1:36.8 | exit from the company in a debt for equity exchange. The offering is expected to close on May 17th. |
| 1:44.0 | After the completion of the offering, |
... |
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