Comcast (NASDAQ: CMCSA) is the latest company to enter the streaming market. It now competes with the likes of Netflix and Disney as its recently launched Peacock service seeks to gain market share.
However, investors should also remember that Comcast is a telecom stock as much as it is a media stock It owns the infrastructure that provides internet and television service to millions of customers. It also controls Sky, which serves 24 million customers in seven European countries.
Source Fool.com