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Disney and Warner Bros. Discovery commit $15 million while Amazon, Netflix and Comcast add $10 million, Sony chips in $5 million while Paramount and Fox contribute $1 million. By Erik Hayden ...

Comcast (and its NBCUniversal subsidiary), Netflix and Amazon each said on Monday that they will donate $10 million to support Los Angeles area wildfire disaster relief and recovery efforts.

On Monday, Netflix and Comcast each announced $10 million donations, split between groups such as the Los Angeles Fire Department Foundation, World Central Kitchen and the American Red Cross.

Media and broadband conglomerate Comcast’s (US:CMCSA) businesses are being chipped away by competition from all sides.

Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86.

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

Until the Amazon announcement Netflix’ only real competition had been with Comcast which also provides digital broadcasting services, but now it’s become a three-way competition to control the ...

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Comcast (and its NBCUniversal subsidiary), Netflix and Amazon each said on Monday that they will donate $10 million to support Los Angeles area wildfire disaster relief and recovery efforts. Warner ...