Comcast Net Worth is$79.8 B
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Logo: Image:Comcast Logo.svg
Type: Public company
Traded As: CMCSA, CMCSK, S&P 500''
Foundation: Tupelo, Mississippi, (June 28, 1963)
Founder: Ralph J. Roberts, Julian A. Brodsky
Location: Comcast Center (Philadelphia),
Area Served: Nationwide
Key People: Brian L. Roberts,
Products: '''Xfinity''', Broadcasting, radio
Industry: Telecommunications, Mass media
Revenue: {{increase US$ 55.842 billion (2011) Operating Income: net income
Assets: equity
Num Employees: 126,000 (2011) Subsid: NBCUniversal (51% share in a joint venture with General Electric), Comcast-Spectacor (63%, remaining stock owned by chair Ed Snider)
Homepage: www.comcast.com
Comcast Corporation (NASDAQ: CMCSA, CMCSK) is the largest cable operator, one of the biggest media conglomerates, home Internet service provider, and third largest home telephone service provider in the United States, providing cable television, broadband Internet, telephone service and in some areas home security (including burglar alarms, surveillance cameras, fire alarms and home automation) to both residential and commercial customers in 40 states and the District of Columbia.
The company is headquartered in Philadelphia, Pennsylvania. Comcast also has significant holding in several cable networks (including E! Entertainment Television, Style Network, G4, The Golf Channel and NBC Sports Network), distribution (ThePlatform), and related businesses. Comcast acquired a majority stake in media conglomerate NBCUniversal in January 2011. Comcast has been the subject of criticism for activities including its stance on net neutrality, as well as poor results on customer satisfaction surveys.
Comcast Cable was originally formed as American Cable Systems in 1963 and was founded by Ralph J. Roberts, Daniel Aaron and Julian A. Brodsky based on a recommendation from Pete Musser, who brought the deal to Ralph Roberts to buy his first cable system in Tupelo, Mississippi. The company was incorporated in Pennsylvania in 1969, under the new name Comcast Corporation.[dead link] The name "Comcast" is a portmanteau of the words "Communication" and "Broadcast".
Over a number of years, Comcast became majority owner of Spectacor (renamed to Comcast Spectacor), Comcast SportsNet (in Chicago, Michigan, Philadelphia, Washington DC/Baltimore, New England, the San Francisco Bay Area, the Pacific Northwest and metro Sacramento), as well as E! Entertainment Television, Style Network, G4, The Golf Channel and NBC Sports Network (formerly the Outdoor Life Network, then Versus). In 2006, Comcast started a new sports channela??SportsNet New Yorka??in the greater New York City region, in

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Comcast Latest News

Did Comcast Raise Cable-TV Rates 68% in the Past Four Years? Not Exactly

The eye-popping claim certainly got some headline play: Comcast raised basic-cable rates 68% from 2009-13, while Time Warner Cable — the target of Comcast’s proposed $45 billion acquisition — actually reduced them by 2.5% over the same time period.
Posted: April 15, 2014, 1:32 pm

Comcast’s “Watchathon Week” breaks records with 50 million hours of VOD binging

It seems as though video on demand (VOD) is still very much a relevant source of content for today’s consumer. Comcast proved so earlier this month with its record-breaking Xfinity “Watchathon Week.” The seven-day event served up more than 3,500 ...
Posted: April 17, 2014, 3:09 pm

Comcast Claims that Binge Watching Leads to Increased Live Ratings

Comcast offered its Xfinity cable customers on-demand and streaming access to complete runs of numerous series during its second annual Watchathon Week from March 31-April 5. According to the company's Vice President of Programming Andy Hunter, there was a ...
Posted: April 17, 2014, 6:16 pm
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