The Comcast Corporation

Company Overview:  In 2011 the FCC (Federal Communications Commission) approved the takeover in majority share holdings of NBCUniversal, from General Electric to the Comcast Corporation. The initial merger combined the nation’s largest cable company and residential service provider with one of the world’s biggest producers of TV shows and motion pictures. In early 2013, General Electric divested its stake and sold its remaining holdings for approximately $16.7 billion and as a result, Comcast now owns 100 percent of NBCUniversal.  The merger has since expanded the company exponentially, both vertically and horizontally, in the media market.  Vertical integration includes the combination of video producer (NBCUniversal) and video distributor (Comcast Corp.)  Horizontal integration includes adding NBC’s programming to Comcast’s programming. Secondly, adding NBC’s broadcasting station to Comcast’s video network, which shows us how Comcast has become a powerful conglomerate entity.

Comcast’s media holdings now reach almost every home in the nation. It serves customers in 39 states and the District of Columbia. In addition to its vast NBCUniversal holdings, Comcast has 23.6 million cable subscribers, 18 million digital cable subscribers, 15.9 million high-speed Internet customers and 7.6 million voice customers. The company also recently reached a deal with Verizon Wireless, in which each side will market and sell each other’s services.  As a current Comcast customer, I have to say nothing really surprised me in my findings as I am pretty familiar with all of its properties.  However, it was surprising to find out just how many channels Comcast owns, as I myself did not know they were all connected by a much larger Corporation.

Annual Reports: Can be found here

2011 Revenue: $55.8 billion

2012 Revenue: $62.6 billion

Ownership Map: Full list here

Television:

  • NBC Network
  • USA Network
  • Telemundo
  • CNBC
  • Syfy
  • MSNBC
  • Bravo
  • Oxygen
  • Chiller
  • E!
  • CNBC World
  • The Golf Channel
  • Sleuth
  • mun2
  • Universal HD
  • VERSUS
  • Style Network
  • Hallmark Channel
  • G4
  • Comcast SportsNet –
  1. Philadelphia
  2. Mid-Atlantic (Baltimore/Washington D.C.)
  3. Chicago
  4. Sacramento
  5. New England (Boston)
  6. Northwest (Portland)
  7. Southwest (Houston)
  8. Bay Area (San Francisco)
  9. New York (8 percent stake)
  • MountianWest Sports Network
  • The Weather Channel (25 percent stake)
  • A&E (16 percent stake)
  • The History Channel (16 percent stake)
  • Biography Channel (16 percent stake)
  • Lifetime (16 percent stake)
  • The Crime and Discovery Channel (16 percent stake)
  • FEARnet (31 percent stake)
  • PBS KIDS Sprout (40 percent stake)
  • TV One (34 percent stake)

Film Production:

  • Universal Pictures
  • Focus Features
  • Universal Studios Home Entertainment

Digital Media Properties:

  • MSNBC.com (50 percent stake)
  • Hulu (32 percent stake)
  • Daily Candy
  • iVillage
  • Fandango
  • Plaxo
  • CNBC Digital
  • Flipboard

Telecom:

  • Clearwire Communications (9 percent stake)

Communications:

  • XFINITY TV
  • XFINITY Voice
  • XFINITY Internet

Theme Parks:

  • Universal Studios Hollywood
  • Wet ‘n Wild theme park
  • Universal Studios Florida
  • Universal Islands of Adventure

Sports Mangement:

  • Philadelphia 76ers
  • Philadelphia Flyers
  • Wells Fargo Center
  • Ovations Food Services
  • New Era Tickets (ComcastTIX)
  • Front Row Marketing Services
  • Paciolan
  • Flyers Skate Zone

Other:

  • Comcast Interactive Media
  • iN DEMAND
  • Music Choice (12 percent stake)
  • SpectrumCo (64 percent stake)
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