$CCZ

Warner Bros. Discovery reported Q2 2026 revenue of $8.72B, down 11% YoY, with diluted EPS of $0.06. Streaming revenue rose 10% to about $3.1B and segment EBITDA increased 75% to $512M, while studios revenue fell 39% and advertising revenue dropped 22%. The Paramount deal remains under regulatory review.

The article says Comcast agreed to a $117.5 million privacy settlement over a 2023 data breach, without admitting wrongdoing. Eligible customers who received a breach notice with a Class Member ID can claim online or by mail. Claims may pay up to $10,000 with documentation, or an estimated $50 alternative. Deadline is Aug 14, 2026.

Comcast will consolidate its advertising sales and technology teams into 140,000 SF at 1540 Broadway in Times Square, taking floors 27 to 31 of the 907,000 SF, 44-story tower, according to a company release and The Real Deal. The move replaces space at 1407 Broadway and 55 W. 46th St. Asking rents were in the low $90s per SF.

In a Variety “Strictly Business” podcast, NBCUniversal Media Group chairman Matt Strauss discussed Peacock’s growth and strategy. He said Peacock reached profitability in Q2, added 2 million subscribers for a second straight quarter to 48 million domestic subscribers, and cited sports and live programming. Strauss also said Peacock will be available to all YouTube Premium subscribers next year.

Fox CEO Lachlan Murdoch said Fox will not seek early NFL media-rights talks before the league’s opt-out after the 2029-30 season. The NFL is reportedly seeking to roughly double rights fees to about $10B per year across major partners. The article weighs early-deal odds for CBS, NBC, ESPN, and Prime Video.

At 24/7 Wall St., five high-yield dividend stocks are highlighted as “August bargains” after dips tied to earnings misses or weaker guidance. Altria (MO) yields 6.24%, with Q2 2026 adjusted EPS $1.48 vs $1.50-$1.54. Comcast (CMCSA) yields 5.58% and has a $4.6B Q2 free cash flow. Pfizer (PFE) yields 6.77%, with Q2 2026 adjusted EPS 77c on $15.03B revenue. UBS and Rosenblatt rate MO and CMCSA “Buy” with $79 and $31 targets.

Versant Media, owner of CNBC, USA and MS NOW, reported Q2 net income fell 30% to $211 million from $302 million a year earlier, citing lower revenue, public-company costs, interest expense after separating from Comcast, and higher taxes tied to SportsEngine’s May sale. Q2 revenue declined 3.8% to $1.64 billion. The company said it raised H2 revenue and cash-flow projections.

A lawsuit filed by former Comcast retail employee David Figueroa alleges that management at a Plainville, Connecticut Xfinity store used humiliating “pie” punishments tied to low sales and survey scores, including restraints and video recording. Comcast disputes the claims and says it has zero tolerance for harassment. Figueroa seeks damages; Comcast has faced other employment-related lawsuits and penalties.

Comcast said it expanded its Xfinity and Comcast Business network in Berks and Chester counties, adding access for more than 6,400 residents and businesses over the past couple of months. The company cited 1,200 in Union and Caernarvon townships and 5,200 in East Nottingham and Oxford. Comcast also referenced a $61 million Pennsylvania Broadband Infrastructure Program award in 2024.

A former Comcast employee, David Figueroa, filed a lawsuit in Connecticut Superior Court on July 9 alleging Comcast/Xfinity managers at a Plainville store tied employees to chairs and hit them with cream pies for missing sales goals, with staff instructed to record incidents. He seeks over $15,000 in damages and alleges constructive discharge and negligent supervision.