In the most recent trading session, Comcast (CMCSA) closed at $42.17, indicating a +1.15% shift from the previous trading day.
Xfinity provides video, broadband and phone services. Bloomberg News earlier reported that on average, subscribers will see a 3% increase in prices. "Rising programming costs continue to drive the highest increase in customers' bills," the company told Reuters, adding that it is investing in its broadband network.
Walt Disney began offering Hulu as part of its namesake streaming service on Wednesday, bolstering Disney+'s family-friendly content with more general entertainment fare, such as FX's intense kitchen drama "The Bear" and the popular reality show "The Kardashians." The combined offering, known as "Hulu on Disney+", will be available in an early "beta" version to domestic subscribers to the Disney Bundle of streaming services. Disney CEO Bob Iger told investors last month that the company would begin offering a "unified one-app experience" that would make Hulu's programs, including "Only Murders in the Building" ABC's "Abbott Elementary," adult animation stand-outs like "Family Guy," available to certain Disney+ subscribers.