As part of the deal, NBCUniversal and Peacock will pay $1.5 million to L.A. County's Department of Consumer and Business Affairs; $100,000 to cover the investigation costs and $2 million in civil penalties.

Peacock is raising prices as it adds exclusive NBA games, betting that live sports will justify its biggest subscription hike yet

Comcast Corporation (NASDAQ:CMCSA) ranks among the best set-it-and-forget-it stocks to buy. On June 25, Benchmark maintained its $48 price target and Buy rating on Comcast Corporation (NASDAQ:CMCSA).

While consumers obviously won’t be happy about Peacock’s new price — especially since it comes on top of another $2 increase rolled out a year ago this month — the move is not entirely unexpected. For one thing,

Summary Comcast is a consistent dividend payer with underperforming stock due to cable TV uncertainty. Strong free cash flow and financial strength support dividend growth, especially as Peacock ...

Trends favor cord-cutting and switching to streaming services, leading to customer losses. Comcast's Peacock service saw growth, but remains unprofitable after five years. Universal Studios ...

Parts of Comcast might be struggling, but the company still feels “well positioned” in advance of the TV upfronts in May, according to Chief Financial Officer Jason Armstrong. Comcast has confidence in “a healthy Peacock subscriber base” and strong content across entertainment and news, Armstrong told investors during the company’s quarterly earnings report on Wednesday. […]