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

Comcast continued to experience subscriber declines in its land-based broadband Internet and cable TV services during the fourth quarter. This article, Comcast sheds broadband, cable TV subscribers in Q4,

The latest entertainment briefs spotlight a Brazilian film on authoritarian history, Netflix's toy expansion with 'Stranger Things', Comcast's financial boost from 'Wicked', and the London premiere of the new 'Bridget Jones' film,

It's only available for certain customers, however.

Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86. Media segment revenue grew 3.5%, Peacock's paid subscribers increased 29%, and Comcast generated $3.

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.

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.

The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers

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.

In today's tech bytes, ABC's Andrew Dymburt talks about Comcast's new ultra-low lag for its Xfinity internet and how Microsoft is bringing iPhone integration into the Windows 11 start menu.

Netflix has promoted Michael Azzolino and Nne Ebong to VP of scripted drama series development and VP of studio scripted series respectively.

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