Comcast vs Kiswe

Freewheel moves under NBC Universal umbrella

Comcast's planned split will place Freewheel under NBCUniversal Media Group. After the separation, the adtech platform will report to Matt Strauss, Chairman of NBCUniversal Media Group, alongside Universal Ads. Freewheel emphasized that its operations and independent positioning toward publishers and buyers remain unchanged. Comcast announced the split in late June, spinning off NBCUniversal and Sky into separate publicly traded companies, with completion expected around mid-2027. Comcast will retain up to 19.9% of NBCUniversal for up to a year. Freewheel, a Comcast company since 2014, works with publishers, streamers, agencies, and advertisers in TV and video. The move integrates Freewheel more into NBCUniversal's media structure, but management, strategy, and compliance structures stay intact. Firewalls, data confidentiality, and customer choice are preserved. Ari Paparo, who sold his DSP Beeswax to Freewheel in 2021, sees NBCUniversal wanting to own technology as part of its stack.

• Freewheel will be moved under NBCUniversal Media Group as part of Comcast's planned split.
• Freewheel will report to Matt Strauss, Chairman of NBCUniversal Media Group, along with Universal Ads.
• Comcast announced the split of NBCUniversal and Sky into separate publicly traded companies in late June, with completion expected around mid-2027.

Comcast Expands Network Into 20 New Markets

Comcast has announced 20 separate network expansions across 13 U.S. states over the past 90 days, bringing high-speed internet to over 40,900 homes and businesses. The expansions include fiber and hybrid fiber-coaxial deployments in rural and underserved areas, with several thousand additional connections not precisely counted. Notable projects include 7,000 locations in Forest, Virginia, and Tulare County, California, plus 4,300 in Franklin, New Hampshire. The initiative aims to close the digital divide and support remote work, telehealth, and education. Comcast is funding these projects privately, without government subsidies, and expects the new connections to become active as construction completes.

• Comcast announced 20 network expansions across 13 states in 90 days.
• The projects bring service to 40,900 homes and businesses.
• Expansions include multi-gigabit symmetrical and high-speed asymmetrical service.

Streaming Will Never Match Cable TV Profitability

A decade after traditional cable networks generated robust cash flow at NBCUniversal, its streaming service Peacock delivers only a fraction of that performance. In Q3 2016, NBCUniversal's cable networks produced $893 million in operating cash flow; in Q3 2026, Peacock generated $261 million in adjusted EBITDA, a decline of roughly 71%. This comparison highlights a structural shift in the media business. Cable benefited from the bundle economics, while streaming faces individual subscriber competition, high content spending, and variable ad revenue. Peacock achieved its second consecutive profitable quarter, with revenue of $1.8 billion and 48 million paid subscribers, driven by FIFA World Cup advertising and price adjustments. However, absolute cash generation remains far below legacy levels. The industry is pushing price increases and ad-supported tiers, but this risks driving subscribers to cheaper or free alternatives like Roku. Whether streaming can ever approach cable-era profitability remains uncertain.

• NBCUniversal's cable networks generated $893 million in operating cash flow in Q3 2016.
• Peacock generated $261 million in adjusted EBITDA in Q3 2026, down roughly 71%.
• Peacock reported revenue of $1.8 billion and 48 million paid subscribers in Q3 2026.

RAZE Action launches as a new direct-to-consumer combat sports streaming service with live global boxing PPV from Puerto Rico

Kiswe-powered platform debuts with Universal Promotions’ Noche de Campeones: Juanma vs Fenómeno on 29 August