Comcast has announced a new ultra-low lag tech that is designed to reduce latency and improve connections for Xfinity customers.

Comcast is unveiling ultra-low lag connectivity when it comes to highly interactive applications like gaming, video conferencing and virtual reality.

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.

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It's only available for certain customers, however.

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,

As more pay-TV operators embrace slimmer packages, Comcast Xfinity is rolling out Sports & News TV, a $70-a-month offering based on two foundational elements of live programming. The $70 price is available only to customers who also have Xfinity internet service.

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.

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.

Streaming service Netflix garnered 16 film nominations (mostly for "Emilia Pérez"), more than any other studio or streamer. But Universal Pictures and its Focus Features sister unit weren't far behind.

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

The new offering is aimed at competing with YouTube TV and Hulu + Live TV The post Comcast Launches Xfinity Sports & News TV Package for $70 Per Month appeared first on TheWrap.