Reported about 8 hours ago
Comcast has set a high standard for mergers and acquisitions, emphasizing caution during its quarterly call. However, the company hinted at potential deal-making opportunities after the planned separation of its Versant cable network. President Michael Cavanagh stated that while they value their current businesses, they remain open to exploring strategic mergers, particularly in the streaming sector, amidst speculation regarding potential interests in Warner Bros. Discovery. Analysts suggest a merger with Warner could significantly reshape the media landscape.
Source: YAHOO