Comcast Corporation

News and overview for Comcast Corporation

Panasonic and Comcast to Collaborate on Bringing HDMI-CEC to Set-Top Boxes [Press Release]
PRNewswire | 1 day 7 minutes ago
...market and technology leader in HDTV, and Comcast Corporation , the nation's leading provider of entertainment...available at www.panasonic.com/pressroom Comcast Corporation (www.comcast.com) is the nation's leading provider...


Comcast to Host 4th Quarter and Full Year 2008 Earnings Conference Call [Press Release]
Business Wire | 1 day 13 hours 24 minutes ago
Comcast Corporation will host a conference call with the financial community on Wednesday, February 18, 2009 at 8:30 a.m. Eastern Time (ET) to discuss financial results for the fourth quarter and full year 2008. Comcast will issue a press release reporting its results earlier that morning.


Univision and Comcast Announce Multi-Year Distribution Agreement [Press Release]
Business Wire | 2 days 8 hours 31 minutes ago
Univision Communications Inc., the premier Spanish-language media company in the United States, and Comcast Corporation (Nasdaq:CMCSA) (Nasdaq:CMCSK), the nation’s leading provider of cable, entertainment and communications products and services, announced today a multi-year agreement for carriage of Univision’s owned and operated broadcast stations and affiliated stations owned and operated by Entravision Communications Corporation (NYSE:EVC), Fisher Communications, Inc. (NASDAQ:FSCI) and Eq...


Comcast Launches MLB Network in New England [Press Release]
PRNewswire | 8 days 7 hours 11 minutes ago
BOSTON, Dec. 31 /PRNewswire-FirstCall/ -- Comcast, the nation's leading provider of entertainment, information and communications, today announced that it has added MLB Network to its digital cable lineup in New England, enabling baseball fans to follow America's national pastime year-round, from the so-called "hot stove" of off-season trading action through the post-season every year.


Intel Shows Broad Industry Support for Internet Experience to Your TV [Press Release]
Business Wire | 11 hours 37 minutes ago
Intel showed broad industry support today that brings a variety of rich Internet applications to the TV through new connected consumer electronics (CE) devices running on the Intel® Media Processor CE 3100. The new Intel processor is the first in a family of purpose-built System on Chips (SoCs) designed specifically for the CE industry.


Comcast Declares Quarterly Dividend [Press Release]
Business Wire | 29 days 9 hours 32 minutes ago
Comcast Corporation (Nasdaq: CMCSA, CMCSK), the country’s leading cable, entertainment and communications company, announced today that its Board of Directors declared a quarterly dividend of $0.0625 a share on the Company’s common stock. The quarterly dividend is payable on January 28, 2009, to shareholders of record as of the close of business on January 7, 2009.


Clearwire Completes Transaction With Sprint Nextel and $3.2 Billion Investment to Launch 4G Mobile Internet Company [Press Release]
Business Wire | 38 days 14 hours 52 minutes ago
Clearwire Corporation (NASDAQ:CLWRD for the first 20 trading days and CLWR thereafter) today announced that it has completed the transaction with Sprint Nextel Corporation (NYSE:S) to combine their next-generation wireless Internet businesses. The new company retains the Clearwire name and expects to build the first nationwide 4G mobile broadband network focused on meeting the evolving needs and demands for Internet-based communications services. In addition, Clearwire has received a $3.2 bil...


Comcast Helps Bring Troops Home for the Holidays [Press Release]
PRNewswire | 17 days 10 hours 37 minutes ago
...greetings at most Comcast service centers. Comcast Corporation (www.comcast.com) is the nation's leading provider...Philadelphia. CONTACT: Marc Goodman of Comcast Corporation, +1-617-279-7521,marc_goodman...


Comcast Corporation to Participate In UBS Investor Conference [Press Release]
Business Wire | 34 days 14 hours 37 minutes ago
On Monday, December 8, 2008, David N. Watson, Executive Vice President of Operations of Comcast Cable and John D. Schanz, Executive Vice President of National Engineering & Technical Operations of Comcast Cable, (NASDAQ: CMCSA, CMCSK) will participate in the UBS 36th Annual Global Media and Communications Conference in New York City.


HDTV Ownership Jumps Nearly 50+ Percent, but More Than One-Third of HDTV Owners Not Actually Viewing HD [Press Release]
Business Wire | 24 days 15 hours 37 minutes ago
Two recent independent studies have concluded that more than one-third of Americans who own a High-Definition Television (HDTV) are not currently watching HD programming.1 The same studies note that HDTV ownership has increased nearly 50 percent in U.S. households over the past year2, prompting Comcast Corporation (Nasdaq:CMCSA, CMCSK), the nation’s leading provider of entertainment, information and communications, to remind consumers not to forget the HD service when buying an HDTV at the ho...


Comcast s Mitch Bowling Receives Award for Outstanding Achievement from the Family Online Safety Institute [Press Release]
Business Wire | 28 days 11 hours 37 minutes ago
Comcast, the nation’s leading provider of entertainment, information and communications products and services, announced today that Mitch Bowling, Senior Vice President and General Manager of Online Services, will receive the Award for Outstanding Achievement from the Family Online Safety Institute (FOSI). The award will be presented to Bowling this evening during the 2008 FOSI Annual Conference at the Newseum in Washington, D.C.


Comcast Launches Setanta Sports in Boston and Brookline [Press Release]
PRNewswire | 34 days 11 hours 5 minutes ago
...learn more about Comcast or to order Setanta Sports, customers can contact Comcast at 1-800-COMCAST. Comcast Corporation (www.comcast.com) is the nation's leading provider of entertainment, information and communication products...


Comcast to Roll Out Extreme 50 Mbps High-Speed Internet Service in Baltimore [Press Release]
PRNewswire | 28 days 9 hours 37 minutes ago
...wideband will be available customers can visit www.comcast.com/fastestfast or call 1-800-Comcast. Comcast Corporation (www.comcast.com) is the nation's leading provider of entertainment, information and communication products...


Panasonic Announces Arrival of First Tru2way(TM) HDTVs at Retail [Press Release]
PRNewswire | 85 days 8 hours 36 minutes ago
...and application of tru2way technology, and Comcast Corporation , the nation's leading provider of entertainment...available at www.panasonic.com/pressroom Comcast Corporation (www.comcast.com) is the nation's leading provider...


Wolf Haldenstein Adler Freeman & Herz LLP and Gainey & McKenna Announce Important ERISA Decision [Press Release]
Business Wire | 20 days 8 hours 25 minutes ago
Wolf Haldenstein Adler Freeman & Herz LLP and Gainey & McKenna announce the entry of a Memorandum Order by the United States District Court for the Eastern District of Pennsylvania, in Urban v. Comcast Corp., No. 08-773, sustaining breach of fiduciary duty claims against the fiduciaries of the Comcast Corporation Retirement-Investment Plan (the Retirement Plan). The complaint alleges that the fiduciaries allowed Retirement Plan participants to acquire and hold Comcast Corporation [NASDAQ:CMCS...





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Company Overview


Company: Comcast Corporation
Industry: Cable TV System Operators
Website: http://www.comcast.com

Commerce plus broadcasting equals Comcast. The company's core cable division has more than 24 million subscribers and is the largest provider in the US (well ahead of #2 Time Warner Cable). Comcast Cable derives the bulk of its revenue from television, Internet, and digital phone services. Its broadband Internet service reaches about 13 million subscribers while Comcast Digital Voice, a Voice over Internet Protocol (VoIP) telephone service, has about 4 million customers. Comcast also has programming interests, such as VERSUS and The Golf Channel, and it owns E! Entertainment Television. One-third of Comcast is controlled by CEO Brian Roberts, son of founder and former chairman Ralph Roberts.


Key Numbers

Sales in U.S. Dollars (mil.) 30,895 (2007)
One-year % Growth in Sales 23.7 (2007)
Net Income in U.S. Dollars (mil.) 2,587 (2007)
One-year % Growth in Net Income 2.1 (2007)
Number of Employees 100,000 (2007)
One-year % Growth in Number of Employees 11.1 (2007)
Fiscal Year-End December