In this article, we will take a look at the 5 biggest companies behind the upcoming movie and T.V. shows. For a detailed analysis of the industry, go directly to the 10 Biggest Companies Behind Upcoming Movie and TV Shows.
5. Comcast Corporation (NASDAQ: CMCSA)
Number of Hedge Fund Holders: 84
Comcast Corporation (NASDAQ: CMCSA) ranks 5th in our list of the 10 biggest companies behind the upcoming movie and T.V. shows. The Philadelphia-based media and tech company is one of the leading cable network providers in the U.S. Comcast is also one of the largest internet network providers in the U.S., offering high-speed Internet, video, voice, wireless, security, and automation services to residential and business customers under Xfinity brand.
Comcast’s NBCUniversal launched its new premium streaming service Peacock in 2020. Peacock subscribers will have access to “Law & Order: Organized Crime,” “Real Housewives of Beverly Hills Season 10,” and live sporting events such as “WWE’s WrestleMania 37”.
Comcast Corporation (NASDAQ: CMCSA) has a market cap of $252.4 billion. The company’s revenue in 2020 came in at $103.6 billion. NBCUniversal’s premium advertising-supported streaming service Peacock ended 2020 with 33 million subscribers in the U.S. Comcast stock is up after Raymond James upgraded the stock from Market Perform to Outperform on April 16th and set a $61 per share price goal. Shares of CMCSA jumped 48% over the past twelve months.
There were 84 hedge funds that reported owning stakes in Comcast Corporation (NASDAQ: CMCSA) at the end of the fourth quarter, up from 82 funds a quarter earlier. The total value of these stakes at the end of Q4 is $8.83 billion.