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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.
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.
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
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ARTICLES BY DATE
BUSINESS
September 9, 2016 | By Bob Fernandez, Staff Writer
Telecom carriers bid $864 million for TV airwaves in Philadelphia in the first round of a secretive federal auction that transfers wireless spectrum from NBC, CBS, Fox, ABC, and other over-the-air TV networks to wireless carriers for data-consuming smartphones. The auction - the "last, best chance for [wireless] competitors to get spectrum," said telecom analyst Craig Moffett - allows TV broadcasters to voluntarily cash out of their spectrum and close down. TV stations also can relocate broadcasts to new frequencies on the TV dial.
BUSINESS
September 5, 2016 | By Bob Fernandez, Staff Writer
'I'll call him" was Comcast Corp. CEO Brian Roberts' response in April when told that DreamWorks head Jeffrey Katzenberg could be negotiating to take his animation movie studio private with the help of a Chinese investor. Thus began whirlwind negotiations on April 13 as Roberts in Philadelphia reached Katzenberg on his mobile phone while driving from a Hollywood lunch with director Steven Spielberg. "We know how to do this," Roberts recalled saying on the phone, adding that Comcast wanted to buy the studio.
BUSINESS
August 26, 2016 | By Bob Fernandez, Staff Writer
Comcast's online streaming service Watchable.com is something like a free cable service for millennials, but without big-time sports or traditional TV shows. Now, the Philadelphia cable giant is expanding Watchable with exclusive short video clips, lasting four to seven minutes. With them, Comcast hopes to compete for eyeballs with Facebook, YouTube, and Snapchat videos and tap into a new class of video-content creators. "There is an emerging class of content that we have not been part of," said Jamie Gillingham, Comcast's vice president of strategic development.
NEWS
August 26, 2016
Comcast Corp. has added 150,000 families to its discounted Internet Essentials program since December, the company said on Wednesday. The Philadelphia company has now enrolled a total of 750,000 families into the program since it was launched in late 2011. Once restricted to low-income families with children, Comcast has expanded Internet Essentials to anyone living in federally subsidized public housing in Comcast cable-TV markets. The program can be reached at www.internetessentials.com or 1-855-846-8376 - Bob Fernandez
BUSINESS
August 25, 2016 | By Bob Fernandez, Staff Writer
Comcast Corp.-owned NBCUniversal will fold DreamWorks Animation into its Universal films business but retain the DreamWorks campus and studios in Glendale, Calif., the companies said Tuesday. In April, Comcast agreed to buy the entertainment firm that produced Shrek , Kung Fu Panda , and other animated features for $3.8 billion. That deal closed Monday. Employee cutbacks at DreamWorks were not announced Tuesday, though they are expected among headquarters staffers. DreamWorks will now be a subsidiary of NBCUniversal, which owns feature-film brands including Universal Pictures and its movie studio, which had a blockbuster run in 2015 that it hasn't matched this year.
BUSINESS
August 24, 2016
Comcast Corp. completed its acquisition of the DreamWorks Animation SKG Inc. animation studio on Monday for $3.8 billion, regulatory filings show. Comcast bid on the troubled movie studio earlier in the year, closing the deal with a $41 a share offer. DreamWorks CEO Jeffrey Katzenberg will no longer head the company but will be retained as a consultant to Comcast. Bob Fernandez
BUSINESS
August 19, 2016 | By Bob Fernandez, Staff Writer
Charisse Lillie, who headed the Comcast Foundation and was the point person for organizations seeking donations or philanthropic help from Comcast Corp., is retiring in January after 12 years at the cable giant. Lillie, 64, served as a human-resources vice president when Comcast rapidly expanded its workforce between 2005 and 2008. She is one of the company's top African American executives. "It's time for me to leave," Lillie said, adding, "I want to start a new chapter. I'm not exactly sure what the next chapter is, but I'm ready for a change.
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.
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