DOJ Investigates NFL for Anticompetitive Practices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 hours ago
0mins
Should l Buy CMCSA?
The Department of Justice has opened an investigation into whether the National Football League has engaged in anticompetitive tactics that harm consumers, people familiar with the situation told The Wall Street Journal's Jessica Toonkel and Dana Mattioli. While the nature and scope of the investigation couldn't immediately be learned, the report notes that media companies, regulators and members of Congress have raised concerns over how difficult it is for consumers to be able to watch their favorite games as a result of rights deals in which leagues offer smaller packages of games to streamers. Companies that broadcast NFL games include Comcast (CMCSA), Disney (DIS), Fox (FOXA), Paramount Skydance (PSKY), Netflix (NFLX), and Amazon (AMZN).
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Analyst Views on CMCSA
Wall Street analysts forecast CMCSA stock price to rise
22 Analyst Rating
7 Buy
12 Hold
3 Sell
Hold
Current: 27.960
Low
23.00
Averages
33.45
High
53.00
Current: 27.960
Low
23.00
Averages
33.45
High
53.00
About CMCSA
Comcast Corporation is a global media and technology company. The Company delivers broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produces, distributes, and streams entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock, and Sky; and brings theme parks and attractions to life through Universal Destinations & Experiences. The Company operates through two primary businesses: Connectivity & Platforms and Content & Experiences. The Connectivity & Platforms business includes two segments: Residential Connectivity & Platforms, and Business Services. Its Connectivity and Content & Experiences business include three segments: Media, Studios and Theme Parks. Sky provides connectivity services to customers across Europe through Sky Broadband, Sky Mobile, and Sky Business. Sky Business extends broadband services and purpose-built products to businesses in Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Ongoing Innovation: Xfinity plans to continue expanding StreamStore's offerings with additional streaming services and other options, enhancing user choice and satisfaction through bundled and a la carte selections.
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See More
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- Rising Costs: As sports media rights costs have skyrocketed, consumer expenses for viewing have also increased, leading to fragmented media packages requiring multiple subscriptions and price hikes, further burdening consumers.
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- Strategic Company Shift: Following Paramount's successful acquisition of Warner Bros. Discovery, Shell's future role remains undefined, particularly with the influx of new executives, which could impact the company's leadership structure and decision-making processes.
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See More
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