CMCSA down 52% from this time last year? What the he-l is going on Comcast? Break it down for us so we can understand why investors are getting out.
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investing in legacy media at this point would be like investing in a horse and buggy when the market is out there buying up cars. Almost everyone under 35 is on YouTube because ESG content chased them all away.
mark my words, comcast is going to go back to focusing more on telecom and they'll do what they need to do to unload NBCU just as AT&T did with Warner.
if you're in the legacy TV/film industry, I'm sorry but it's over