Comcast Corporation

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Comcast-Corporation.svg

Comcast is a media and technology company, primarily operating in the USA (87% of net sales). The company has two primary businesses:ref

  • 68.9%: Comcast Cable provides video, high-speed Internet and voice services to residential customers under the Xfinity brand.
  • 23.8%: NBCUniversal, which operates through 4 business segments:
    • Cable Networks: a portfolio of national cable networks.
    • Broadcast Television: operates the NBC and Telemundo broadcast networks.
    • Filmed Entertainment: primarily produces, acquires, markets and distributes filmed entertainment across the world, and it also develops, produces and licenses live stage plays.
    • 5.8%: Theme Parks: consists primarily of its Universal theme parks in Orlando, Florida and Hollywood, California.
  • 1.5%: Other.

Subsidiaries

  • DreamWorks Animation
  • Sky plc
  • NBCUniversal Media LLC

Company

Shareholders

Total float: 83.1%
Source: MarketScreener.svg, Mar.2020

Timeline

  • Nov.2018: Sky plc was acquired, and delisted after becoming a wholly owned subsidiary and division of Comcast.ref
  • Aug.2016: DreamWorks Animation was acquired by Comcast's NBCUniversal division.ref,ref,ref Universal Pictures took over distribution of DreamWorks Animation films beginning in 2019.
  • Feb.2014: Time Warner Cable Inc was not acquired by Comcast Corporation. The merger between two of the largest cable TV companies in the world was announced on Feb.13, and was approved by shareholders, regulatory approval was not forthcoming.ref In Apr.2015, Comcast officially announced that it had called off the merger, after it was reported that the U.S. Department of Justice was preparing to file an antitrust lawsuit against Comcast and Time Warner in a bid to halt the merger, arguing that the merger would reduce the level of competition in the cable television and broadband internet industries.refrefref
ToDo: InfluenceMap

Articles

  • /Documents/2017.12-InfluenceMap-Trade-Association-Report.pdf