Comcast Valued Its Media Unit at $81 Billion
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Comcast is pushing upward due to activist buzz, positive spin-off reception and a successful expansion today, Dec. 17, 2025.
The latest trading day saw Comcast (CMCSA) settling at $30.32, representing a +1.98% change from its previous close.
Early trading suggests the cable-network spinoff is being valued conservatively, a signal that could matter in the Warner Bros. Discovery takeover battle.
Today, Dec. 16, 2025, investors are weighing activist chatter, new spinoffs, and governance questions reshaping this cable giant.
Despite the market’s positive reaction to the possibility of activist involvement, Faber cautioned that Comcast might present challenges for potential activists due to its ownership structure. The Roberts family holds approximately 33% of the voting power in the company, which could limit an activist’s ability to influence corporate decisions.
Amazon’s Luna cloud gaming service is coming to cable boxes from Comcast and Rogers. The Luna app is already available via web browsers, Fire TV devices, Fire tablets, and many smart TVs from Samsung and LG, and this new expansion will bring the service to “millions” more devices, according to Amazon.
Comcast and Amazon have partnered to launch the Amazon Luna cloud gaming service across X1 and Xfinity Xumo Stream Box devices in the U.S.
Earlier this year, Comcast rolled out big changes to its internet service. Now it's revamping its TV offerings.