Comcast Extends Xfinity Data Breach $117.5M Settlement Deadline; NBCUniversal Considered for IMAX Buy
Benchmark raised IMAX’s price target from $44 to $60, citing growing premium format demand and identifying NBCUniversal as a potential suitor. Xfinity subscribers now have until September to file claims in Comcast’s $117.5 million data breach settlement.
1. Benchmark Raises IMAX Price Target
Benchmark increased IMAX’s price target from $44 to $60, highlighting its strategic value in premium theatrical experiences and projecting higher revenue potential.
2. NBCUniversal Among Potential IMAX Suitors
NBCUniversal, part of Comcast, is named alongside Apple, Amazon, Netflix, Disney, and Sony as a possible buyer as premium formats capture 16% of U.S. and Canadian ticket sales.
3. Extended Deadline for Xfinity Data Breach Claims
Comcast has extended the claim period for its $117.5 million Xfinity data breach settlement, allowing affected subscribers to file claims through September.