Key Takeaways Netflix is now charging $7.99 rather than $6.99 a month for its cheapest plan.The new price is equal to the least expensive plan available from Comcast's Peacock.Most other major streaming services' plans start at a dollar or two more a month.

It's only available for certain customers, however.

Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.

Netflix will kick-start media and tech earnings season Tuesday, reporting what are projected to be stellar subscriber numbers.

Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.

Comcast is making a new play for value-conscious TV fans who wanted a slimmed-down channel lineup — and pay less. The cable giant announced the launch of Sports & News TV, a new video package for Xfinity Internet broadband customers that includes 50-plus live news,

On Jan. 23, 2024, Netflix announced it signed a $5 billion 10-year deal with WWE to make it the new home of the entertainment franchise. The live events would be included in every Netflix subscription, with viewers only needing to log into their accounts. The episodes are available for streaming immediately after they are completed.

The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers

Heger, meanwhile, thinks Netflix can find the right balance. The stock is currently up 10% after the company beat the Street's expectations for the top and bottom lines in Q4, punctuated by Netflix announcing that its total number of subscribers had surged past 300 million.

The U.K. government has effectively ruled out the notion of placing a levy on U.S. streamers such as Netflix (NFLX) amid a funding crisis for

Comcast CMCSA is slated to report its fourth-quarter 2024 results on Jan. 30. The Zacks Consensus Estimate for fourth-quarter 2024 revenues is pegged at $31.63 billion, indicating growth of 1.21% from the year-ago quarter’s reported figure.

Comcast's Xfinity just launched a new streaming package that will include streaming, live sports and news at a competitive price.