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NEWS
May 23, 2014
CONSUMERS UNION hates Kabletown, thinks it's too big already and wants it to grow no more. Nonprofit Consumers Union says it works to make for a "fair, just and safe marketplace for all consumers. " Kabletown is what Comcast was called on Tina Fey's brilliant "30 Rock," the title being shorthand for the headquarters of NBC Universal, which Comcast bought from GE. Yes, Philadelphia's Comcast. Wednesday morning, when Comcast held its annual shareholders meeting at the Kimmel Center, Consumers Union and other big-is-bad groups planned to crash it to protest Comcast's proposal to swallow Time Warner.
NEWS
October 29, 2007
ONCE AGAIN, Comcast is trying to milk us for more money. This time, it's $8 for the NFL Network that other outlets offer free. This is the same company with a commercial about the big bad expensive phone company. I'm shocked at Brian Roberts' audacity. How much more money does he honestly think he can wring out of us? I'm ready to throw a parade the day I can get Verizon FIOS in my neighborhood. Keith E. Callan, Philadelphia
BUSINESS
March 20, 2013 | By Bob Fernandez, INQUIRER STAFF WRITER
It's final. Comcast Corp. closed Tuesday on its $16.7-billion purchase of the 49 percent of NBCUniversal it didn't already own. The cable giant announced the deal in February and it did not need federal government approvals, which had been obtained when Comcast purchased the first 51 percent of NBCUniversal in early 2011. "We are excited the transaction has closed and look forward to taking full advantage of the opportunities for growth and innovation at our combined company," Comcast said.
BUSINESS
April 1, 1987 | By Ron Wolf, Inquirer Staff Writer
Comcast Corp. yesterday reported record revenues and operating cash flow for the year ended Dec. 31, but earnings for the Bala Cynwyd company dropped sharply. Comparisons were complicated, however, by accounting practices related to a large acquisition during the year. Net income for the year was offset almost entirely by Comcast's equity in the losses of its newly acquired affiliates. Comcast and four other cable companies purchased Group W Cable Inc. from Westinghouse in June and are in the process of dividing up Group W's cable systems.
BUSINESS
January 24, 1996 | By Michael L. Rozansky, INQUIRER STAFF WRITER
Comcast Corp. plans to enter the children's programming business and hopes to televise three hours of educational shows per week in place of regular cable programming. The Philadelphia company, one of the nation's biggest cable operators, said it intended to show children's programs produced or bought by its C3 subsidiary within 18 months. Comcast said it was seeking changes in contracts with cable networks such as USA Networks and MTV so it can substitute its own shows at a time of day when children are likely to be watching.
BUSINESS
August 21, 2008 | By Bob Fernandez INQUIRER STAFF WRITER
Comcast Corp. says an experimental method for managing the Internet could slow speeds for all heavy online users for 10 to 20 minutes. The Philadelphia company is testing the new method in five markets around the nation in response to a Federal Communications Commission order, formally released yesterday. Philadelphia is not one of the markets. The order says Comcast has to stop targeting its customers who use BitTorrent Inc. software to view pirated movies online and other Internet video.
BUSINESS
October 28, 1993 | by Earni Young, Daily News Staff Writer
After three years in temporary digs, Comcast Corp. has found a permanent home for its national headquarters just three blocks west, the Binswanger Advisory Group said yesterday. Binswanger, which arranged the new lease, said Comcast will move from its interim headquarters in 1234 Market St. to the Centre Square building at 15th and Market streets by the middle of next year. The search for a permanent headquarters "befitting the image of a major corporation" has taken more than two years, said David Binswanger, the company's president.
BUSINESS
May 2, 2007 | By Miriam Hill INQUIRER STAFF WRITER
Comcast Corp. said yesterday that its digital voice service would help the Philadelphia company reach 53 million subscription units by the end of 2009. The projection represents a near doubling of total subscriptions to Comcast's various services - cable TV, high-speed Internet and voice - from the 27 million the company had in 2003. Comcast has 24 million customers, but totals subscriptions to its three product offerings. The company credits the projected growth to its "triple-play" marketing, which bundles the three services for customers at an initial $99 per month.
NEWS
March 23, 2011
Comcast Corp. says it has formed four diversity councils representing the interests of African Americans, Asians, Hispanics and women to advise senior executives. The Philadelphia-based cable company agreed to the councils as part of its deal to acquire control of NBC Universal Inc. The councils will advise the company in five areas: corporate governance, employment, procurement, programming and philanthropy.    - Bob Fernandez
NEWS
April 27, 2015 | By Ronnie Polaneczky, Daily News Columnist
MUCH AS I've enjoyed playing intermediary between screwed-over Comcast customers and Comcast bigwigs who might unscrew them, I'm looking forward to a break as the city takes over the gig for a week. So if you're stuck in Comcast's seventh circle of customer hell, mark your calendars. Starting Tuesday, the city will be holding six public forums  you can dish about the telecommunications giant, which is looking to renew its franchise with Philadelphia. It's a 15-year-deal, so speak now or forever hold your rage.
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ARTICLES BY DATE
BUSINESS
August 14, 2016 | Jonathan Takiff, STAFF WRITER
Kinks with the virtual reality version of the Rio Olympics have been driving tech lovers crazy. Thursday night, this early adopter lit into Comcast techies with his frustrations, as they showed off VR clips loaded onto Samsung Gear VR goggles to visitors at a Comcast Center Olympics celebration. Twice we heard the response, "It's not our fault; it's an NBC Sports problem. " Kind of ironic, since NBC is a Comcast division. Comcast senior technical fellow Mark Francisco and colleagues agreed to take on the complaints quickly with the NBC powers that be. And by the next morning, one serious wrong was righted with a fresh update of the NBC Sports VR app on my Samsung Galaxy S7 smartphone.
BUSINESS
August 8, 2016 | By Bob Fernandez, Staff Writer
It's a Friday in late July, and the 15th floor of the Comcast Center teems with more than 150 engineers, technicians, and product developers, who drink lemonade and nibble cookies as they pitch inventions that may be the next big thing at Comcast. One engineer talks about "Ralph," voice controls that turn business phones, computers, and security on or off. Another explains a "push alert" for Xfinity Home that would warn Comcast subscribers when a neighbor's house has been burglarized.
BUSINESS
July 29, 2016 | By Bob Fernandez, Staff Writer
Comcast Corp.'s second-quarter revenues rose a slim 2.8 percent and the company reported a modest drop in profits as its slate of Hollywood movies - rocket-fueled in 2015 by the release of Furious 7 and Jurassic World - failed to repeat that success. Otherwise the cable and entertainment conglomerate had a solid quarter as its cable-TV business continued to heal - video subscriber losses were a negligible 4,000 compared with 69,000 in the year-ago quarter - and NBC broadcast-TV revenue rose 17 percent on more licensing and retransmission fees.
NEWS
July 23, 2016
A story Thursday on Comcast's coverage of the Olympics gave an incorrect number for the event-specific voice commands on the X1 remote control device. There are 1,500. A story Thursday on the purchase of four local radio stations incorrectly described debt payments by iHeartMedia, the nation's largest radio group. The company has not missed any payments.
BUSINESS
July 21, 2016 | By Bob Fernandez, Staff Writer
A major reshuffling of executives at Comcast Corp. has led to the exit of Cathy Avgiris as cable division chief financial officer and the appointment of a leader for a new Comcast Mobile unit, fueling speculation that the company will soon be launching its own wireless service. The executive changes were effective last week and announced as Comcast executives prepare 2017 budgets, a company spokeswoman said Tuesday. Greg Butz, a veteran Comcast sales executive, was just appointed head of Comcast Mobile, reporting to cable division boss Neil Smit.
BUSINESS
July 14, 2016 | By Bob Fernandez, Staff Writer
Twenty-five miles of new fiber. That's the high-speed wiring that Comcast Corp. has wrapped around the Wells Fargo Center for the Super Bowl-class media event of live video streaming and selfies at the Democratic National Convention later this month in South Philadelphia. Comcast announced Tuesday - no surprise here - that it will be the official "broadband and telecommunications provider" for the political event that will likely nominate Hillary Clinton as the Democratic presidential candidate.
BUSINESS
July 8, 2016 | By Jonathan Takiff, Staff Writer
How big a bet is Comcast placing on smart-home gadgets and monitoring services, on the whole Internet of Things/connected-home revolution? Enough so that Comcast's Xfinity Home division is introducing its own line of smart-home products. And the company recently agreed to purchase the iControl Converge software platform and engineering talent pool. iControl powers the home-security and automation platform for Xfinity Home, as well as IoT services for other cable companies (Cox, Rogers, Time Warner, and Bright House)
BUSINESS
July 7, 2016 | By Jonathan Takiff, Staff Writer
Later this year, Comcast Xfinity cable television and internet customers will no longer need to leave their cable TV home page and switch television set inputs to get Netflix, the most popular of "over the top" streaming services. Netflix films and TV shows will be just a click away on the X1 cable guide. And if the engineers work their magic fully, a voice request to an X1 remote to "find me movies with Liam Neeson" will bring up options from Netflix as well as from the Comcast universe of live and on-demand content.
BUSINESS
June 28, 2016
Securities trades recently reported to the Securities and Exchange Commission by officers, directors, and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC. Comcast Corp. Kenneth J. Bacon , director, sold 2,500 shares at $62.82 on June 16, and now directly holds 14,100 shares. Dorman Products Inc. Michael Kealey , officer, sold 2,710 shares at $54.28 on June 15, and now directly holds 3,252 shares.
NEWS
June 25, 2016 | By Robert Moran, Staff Writer
Barbara Cohen, 85, the mother of Comcast Corp. executive David L. Cohen, died late Thursday afternoon, June 23, at her home in Highland Park, N.J. Mrs. Cohen was diagnosed in March with brain cancer, her son said Thursday night from his childhood home. "She was outspoken. I came by my bluntness and candor genetically," said Cohen, who served as chief of staff for former Mayor Ed Rendell. "She was very direct and straightforward," said daughter Nancy, also describing her as principled and resilient.
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