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Comcast's NBCU discloses $500 mn stake in Snap

Comcast Corp's NBCUniversal on Friday disclosed it has taken a $500 million stake in Snap, the messaging service which launched its big public offering this week.

Hulu names Fox exec Hopkins as CEO

Online video service Hulu named Fox executive Mike Hopkins as its new CEO Thursday, ending the speculation over the company's leadership following Jason Kilar's departure in March.

Fully-owned NBCUniversal boosts Comcast 2Q results

The decision by Comcast Corp., the country's largest cable company, to buy out General Electric in NBCUniversal looks like a smart one, as the media conglomerate posted strong results for the second quarter.

Hulu owners opt to keep online video service

The entertainment studios behind Hulu took the online video service off the auction block Friday, opting instead to pump an additional $750 million into the Netflix rival.

Comcast profit rises 17 percent in 1Q

Comcast Corp., the nation's largest cable company and owner of NBCUniversal, says its net income rose 17 percent in the latest quarter, powered by continued strong results from its cable operations.

Comcast doubles down on TV in $16.7B deal for NBCU

(AP)—Comcast's $16.7 billion deal to buy the remaining half of NBCUniversal ahead of schedule represents a resounding vote of confidence in the future of TV, even as the growth of Internet video reshapes the entertainment ...

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