Comcast (CMCSA) Faces NFL Network Blackout While NBCUniversal Eyes Video Games
Bailey Pemberton
Sat, 4 July 2026 at 6:09 pm GMT-4
2 min read
- CMCSA
+0.25% - DIS
+3.96%
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NFL Network remains blacked out on Comcast as an impasse with content owner Disney continues with the approach of football season
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The prolonged absence affects Comcast subscribers who expected NFL programming in upcoming months
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Following the announced separation of NBCUniversal and Sky from Comcast’s broadband business, NBCUniversal is reported to be assessing a major push into video games
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This potential expansion into gaming would come as NBCUniversal prepares for life as a separately traded media and entertainment company
Comcast, ticker NasdaqGS:CMCSA, is drawing attention for more than its previously announced plan to separate NBCUniversal and Sky from its broadband operations. The stock closed at $23.79, with returns down 19.5% year to date and down 26.0% over the past year. Over a longer horizon, returns are also weaker, with the stock down 31.6% over three years and down 48.5% over five years
For investors tracking NasdaqGS:CMCSA, the extended NFL Network blackout and NBCUniversal’s reported interest in video games add new moving parts to the story. These developments could influence how the post-split entities position themselves with consumers and content partners, and they may become key factors as the separation progresses and investor attention turns to the standalone businesses
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Quick Assessment
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✅ Price vs Analyst Target: Comcast trades at US$23.79 versus a US$32.29 analyst target, about 36% below consensus
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✅ Simply Wall St Valuation: Shares are flagged as trading 72.7% below an estimate of fair value
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✅ Recent Momentum: The stock is up 2.0% over the past 30 days
There’s only one way to know the right time to buy, sell or hold Comcast. Head to Simply Wall St’s company report for the latest analysis of Comcast’s Fair Value
Key Considerations
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📊 The NFL Network blackout may weigh on perceived broadband and pay TV value for Comcast subscribers if it drags on into the football season
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📊 NBCUniversal’s potential move into video games after the split is worth watching for clarity on capital spend, partnerships, and how success is measured
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⚠️ Forecast earnings are expected to decline by an average of 11.5% per year for the next 3 years, which may limit how much investors are willing to pay for new content bets
