Tel Aviv-based generative AI startup AI21 raised a $53M Series C extension from Intel, Comcast, and others, taking the round to $208M and total raised to $336M
Kyle Wiggers / TechCrunch :
Comcast says NBCUniversal's Peacock has 54M total signups since its April 2020 launch, with 20M MAUs in Q2, as it plans a European expansion via Sky
Cynthia Littleton / Variety :
A look at Peacock as it enters its second year, considers expansion abroad, and tries to grow paid subscriptions; sources: 20% of Peacock's 14M MAUs pay for it
Gerry Smith / Bloomberg : Tweets: @emmagf , @gerryfsmith , @joshsternberg , @business , @royprice , @loudmouthjulia , @wickdchiq , @felixsalmon , and @lucas_shaw See also Mediagazer Tweets: Emma G. F...
Comcast pledges $1B investment over the next decade to provide 50M low-income people with broadband, says its Internet Essentials program has helped 10M people
Linda Hardesty / FierceTelecom :
Comcast says peak US internet traffic rose 32% in 2020 over pre-pandemic traffic, while video streaming rose 70% compared to 2019
Comcast said that peak internet traffic rose 32% in 2020 over pre-pandemic levels, with some markets rising 50% in some markets in March 2020.
Internal data shows only 11.3M US households regularly watch NBCU's Peacock; sources: NBCU has pitched ViacomCBS about bundling their streaming services
The Information : Tweets: @natjarv , @jstrauss , @ballmatthew , @edmundlee , @richlightshed , and @pkafka See also Mediagazer Tweets: Natalie Jarvey / @natjarv : Having only a third of your users reg...
Comcast's ad-supported streaming TV service Xumo says its US user base grew 2.5x since January to reach 24M+ MAUs, with total hours streamed more than doubling
Todd Spangler / Variety :
Kantar: Amazon spent $6.9B on US advertising in 2019, making it the top US ad spender, ahead of Comcast's $6.1B, AT&T's $5.5B, P&G's $4.3B, and Disney's $3.2B
Sara Fischer / Axios : Tweets: @docjamesw Tweets: James Whittaker / @docjamesw : Ads fill the coffers of the bad, decent and excellent alike. Ads divorce revenue from product/content quality. You no ...
Plume, which develops an AI-powered adaptive home Wi-Fi mesh network system, raises $60M Series D at a $510M valuation, bringing its total raised to $127M
Plume, a Comcast-backed startup that develops an AI-powered adaptive home Wi-Fi mesh network system, has raised $85 million in a mixture of equity and debt financing.
Comcast expands Internet Essentials to ~3M more low-income households, says it's provided 100K+ subsidized computers since 2015 in addition to broadband access
Kyle Wiggers / VentureBeat :