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OFFON

COMCAST CORPORATION

(CMCSA)
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Biden speech draws 26.9 mln viewers on U.S. TV networks

04/29/2021 | 01:08pm EDT

LOS ANGELES, April 29 (Reuters) - President Joe Biden's first address to Congress on Wednesday night attracted an estimated 26.9 million viewers across 16 U.S. television networks, according to Nielsen ratings data released on Thursday.

Biden's audience slumped nearly 44% below the TV viewership for Republican President Donald Trump's first address to a joint session of Congress in 2017. Trump's remarks pulled in 47.7 million TV viewers on 11 networks.

In Wednesday's speech, Democrat Biden proposed a sweeping new $1.8 trillion "American Families Plan" and pleaded with Republican lawmakers to work with him on divisive issues.

The Nielsen numbers reflect viewers who watched on 16 broadcast and cable networks that carried the speech live, including Walt Disney Co's ABC, Comcast Corp's NBC and MSNBC, ViacomCBS Inc's CBS and the Fox broadcast network and Fox News Channel, and AT&T Inc's CNN.

The figures include people who watched via traditional television as well as some who streamed the speech via internet-connected TVs, but they do not capture all online viewership.

Television audiences for live events have fallen sharply in the past year as audiences have gravitated to on-demand streaming services. (Reporting by Jill Serjeant and Lisa Richwine; Editing by Bill Berkrot and Howard Goller)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
COMCAST CORPORATION 0.07% 57.32 Delayed Quote.9.39%
FOX CORPORATION 0.08% 37.71 Delayed Quote.29.50%
VIACOMCBS INC. -2.25% 41.67 Delayed Quote.11.84%
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Financials (USD)
Sales 2021 113 B - -
Net income 2021 12 254 M - -
Net Debt 2021 86 649 M - -
P/E ratio 2021 21,8x
Yield 2021 1,74%
Capitalization 263 B 263 B -
EV / Sales 2021 3,10x
EV / Sales 2022 2,86x
Nbr of Employees 168 000
Free-Float 83,2%
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Mean consensus BUY
Number of Analysts 36
Average target price 64,08 $
Last Close Price 57,28 $
Spread / Highest target 30,9%
Spread / Average Target 11,9%
Spread / Lowest Target -14,5%
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Managers and Directors
NameTitle
Brian L. Roberts Chairman, President & Chief Executive Officer
Michael J. Cavanagh Chief Financial Officer
Jeff Votaw Vice President-Engineering
Candy Lawson Chief Compliance Officer & Senior Vice President
Karen Dougherty Buchholz Executive Vice President-Administration
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