4 Consumer Stock Stories to Kick Off Wild Weekend Investment Shopping
Comcast Corp. (NASDAQ:CMCSA): Closing price $47.73
Comcast intends to offer newly-released and older movies, along with TV episodes from previous seasons via its VOD menu, which prior to this only offered titles to rent, according to the Wall Street Journal. Now, subscribers will be able to buy titles from their cable box or a website and store them in the cloud, permitting them to watch that content on a television, computer, or tablet. The new service should debut in limited form by the end of 2013 and be available to customers who choose its digital service, or some 20 million households.