Media Brian Roberts

  • The deal brings together CBS television network, CBS News, Showtime cable networks with MTV Networks, Nickelodeon, Comedy Central and the Paramount movie studios. The new company, ViacomCBS, will compete in an industry that has been reshaped after large-scale deals, including $85 billion purchase of Time Warner by AT&T and Walt Disney's buyout of Twenty-First...

  • The company boosted its revenue outlook for the year to above Wall Street estimates and estimated third-quarter sales would exceed expectations. A loss of $2.23 per share in the quarter was worse than the $1.74 per-share loss expected, on average, by analysts, according to IBES data from Refinitiv. "Wall Street has been eager for us to demonstrate our path for...

  • The company boosted its revenue outlook for the year to above Wall Street estimates and estimated third-quarter sales would exceed expectations, sending shares up as high as 11% after hours before they came down to a 1.8% increase. A loss of $2.23 per share in the quarter was worse than the $1.74 per-share loss expected, on average, by analysts, according to IBES...

  • The company boosted its revenue outlook for the year to above Wall Street estimates and estimated third-quarter sales would exceed expectations, sending shares up as high as 11% after hours before falling to negative territory. "Wall Street has been eager for us to demonstrate our path for profitability," Chief Financial Officer Brian Roberts told Reuters,...

  • The company boosted its revenue outlook for the year to above Wall Street estimates and estimated third-quarter sales would exceed expectations, sending shares up 11.6% after hours. "Wall Street has been eager for us to demonstrate our path for profitability," Chief Financial Officer Brian Roberts told Reuters, saying strength in Lyft's core ride-hailing...

  • July 25- Comcast Corp's second-quarter profit on Thursday beat Wall Street estimates as it added more high-speed internet customers, but it lost more video and phone customers than expected. The Philadelphia- based company's shares were down 0.7% in early trading. "For years, we've felt that video over the internet is more friend than foe," said Comcast Chief...

  • "If you believe in the Amazon model, you basically believe that Wall Street will fund these companies indefinitely with almost zero cost of capital, as long as they post these extraordinary growth rates," said Renny Ponvert, CEO of independent research firm Management CV. Uber Eats, he said, was an example of a market that is similar to ride-hailing and can make for a...

  • SAN FRANCISCO/ BENGALURU, May 7- Ride services company Lyft Inc forecast that its losses would peak this year as it controlled expenses and got more revenue from each customer, posting a $1.1 billion quarterly loss on Tuesday, days ahead of rival Uber's IPO. "We are encouraged by our strength of our core business and see a clear path to profitability in ride sharing,"...

  • May 7- Lyft Inc on Tuesday forecast that 2019 would be the peak year for losses after the ride service company lost $1.1 billion in its first quarter, just days ahead of rival Uber's IPO. An outlook for second-quarter revenue of $800 million to $810 million was ahead of analysts' expectations of $783.1 million. Atlantic Equities analyst James Cordwell called the...

  • April 25- Comcast Corp reported first-quarter profit on Thursday that beat Wall Street estimates, boosted by additions of high-speed internet customers in a quarter that painted a mixed picture for the biggest U.S. cable provider. Chief Executive Brian Roberts said the company, which purchased British pay-TV group Sky last year, is exploring the launch of a...

  • BOSTON, March 20- Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's initial public offering set for next week. Reducing insurance costs is "the number one initiative," said Chief Financial Officer Brian Roberts at a...

  • BOSTON, March 20- Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's initial public offering set for next week. Reducing insurance costs is "the number one initiative," said Chief Financial Officer Brian Roberts at a...

  • NEW YORK, March 19- Lyft Inc's initial public offering is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking, people familiar with the matter said on Tuesday. Lyft started its IPO road show on Monday and has spent the last two days...

  • March 18- Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April. The market rally of the last few years, however, coupled with the desire of some of the startups' insiders to cash out,...

  • Roberts: Thrilled with Q3 performance

    Comcast CEO and chairman Brian Roberts joins the 'Squawk Box' team to discuss Comcast's quarterly earnings.

  • Roberts: Sky adds to our successful formula

    Comcast CEO and chairman Brian Roberts joins the 'Squawk Box' team to discuss Comcast's quarterly earnings.

  • Roberts: Comcast core business has great momentum

    Comcast CEO and chairman Brian Roberts joins the 'Squawk Box' team to discuss Comcast's quarterly earnings.

  • Watch CNBC's full interview with Comcast CEO Brian Roberts

    Comcast CEO and Chairman Brian Roberts joins the 'Squawk Box' team to discuss Comcast's quarterly earnings.

  • Close-up view of a household Sky television remote control.

    U.K. broadcaster Sky has recommended its shareholder accept an offer from Comcast for a $40 billion takeover.

  • British Sky Broadcasting Group Plc's (BSkyB) headquarters in London, U.K.

    Comcast has outbid Fox in a $39 billion takeover of British broadcaster Sky, after it emerged a clear winner with the highest bid in three rounds.