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BUSINESS
February 19, 2005 | By Tony Gnoffo INQUIRER STAFF WRITER
About 3,000 Comcast digital video recorders - a technology critical for the company's growth strategy - were distributed to customers in the Philadelphia area and in San Jose, Calif., with software glitches that impaired their operation, according to the manufacturer. Comcast said yesterday that it now has a fix for the problem: new software that is being distributed automatically over cable systems where the devices were installed. In the meantime, the Philadelphia-based cable company is asking customers to be patient and report problems to 1-800-266-2278.
BUSINESS
January 26, 2015 | By Jeff Gelles, Inquirer Columnist
Nearly everything went smoothly with Louis Moravec and Susan Thauer's holiday-week move from one Philadelphia neighborhood to another. The truck and crew arrived on time to take their belongings from Queen Village to Northern Liberties. The gas and power were functioning at their new home. Even Dec. 30's weather cooperated. The lone exception? Their Comcast cable and Internet service. Moravec had timed an appointment to have it connected on the morning of Dec. 31, and Thauer took off work to await the technicians.
BUSINESS
November 13, 1992 | By Larry Fish and Julia C. Martinez, INQUIRER STAFF WRITERS
Columbia Gas System Inc., the Wilmington natural gas pipeline company, posted a loss in the third quarter after deducting special charges totaling $103.1 million. The after-tax charges include a $39.2 million provision for environmental- compliance costs; a $24.2 million write-down for previously capitalized gas costs and a $39.7 million charge to cover the costs of a new business plan for its Cove Point, Md., gas terminal. Before the special charges, Columbia would have recorded a $7.5 million loss because of low seasonal demand for gas, the company said.
BUSINESS
May 17, 1989 | The Inquirer Staff
Comcast Corp., the cable-television firm, which moved to Philadelphia from Bala Cynwyd Monday, has reported its usual combination of increased cash flow and a net loss for the first quarter of 1989. The firm's operating cash flow, which measures income before interest, depreciation, amortization and income taxes, increased 31 percent compared with the same period in 1988. Cash flow is considered a key measure of financial performance in the cable-television industry because such firms must borrow heavily to finance capital improvements and acquisitions of new systems.
NEWS
May 24, 2013 | By Peter Mucha, Philly.com
Freebies from Verizon and Comcast could add to the fun of the Memorial Day Weekend. Verizon's offering a slew of free content for four days, and Comcast's Xfinity is giving away access to thousands of wireless hotspots through Independence Day. From Friday till Tuesday, Verizon subscribers can find more than 1,700 movies and 50 entire TV series through the cable service's 900 channel. That includes such recent theatrical films as Abraham Lincoln: Vampire Hunter, The Dark Knight Rises, Bridesmaids, Harry Potter and the Deathly Hollows, The Hunger Games, Hugo, Ice Age: Continental Drift, Madagascar 3: Europe's Most Wanted, Mission Impossible - Ghost Protocol, Moonrise Kingdom, Prometheus , and Sherlock Holmes: A Game of Shadows . They're available through Cinemax, ePix, HBO and ViewNow.
BUSINESS
March 16, 2013 | By Bob Fernandez, Inquirer Staff Writer
Five years ago, Comcast Corp. was the nation's 50th-largest advertiser. Comcast, now with movie, news, and entertainment giant NBCUniversal under its corporate umbrella, rose to second-largest last year behind Procter & Gamble. The New York research firm Kantar Media says Comcast uncorked $1.7 billion in ads on consumers in 2012. Procter & Gamble, whose brands include Tampax, Pantene, Pampers, and Duracell, spent $2.8 billion. No. 3 was General Motors with $1.6 billion. Kantar tracks advertising on multiple platforms - radio, TV, billboards, the Internet, magazines, and newspapers - and then estimates the cost.
NEWS
February 5, 2015 | BY HANNAH SASSAMAN
THE BIGGEST questions for Philly candidates in 2015: How will we fund our schools? How will we ensure that, in the poorest big city in the coutry, poor communities have the resources they need to live lives of dignity? The elephant in the room is Comcast. Our hometown giant is one of the world's richest companies, earning $2.59 billion in profit in the last reported quarter, up from $1.73 billion year over year. Most of that money comes from us - Comcast subscribers - through local deals that Comcast negotiates, community to community.
BUSINESS
September 21, 2012 | By Bob Fernandez, Inquirer Staff Writer
After a slow start, Comcast Corp. says it has enrolled 100,000 poor families nationwide into its discounted Internet program. There are about 1,450 families in Philadelphia participating, triple the number from late last year. Internet Essentials - offering Internet service at a 79 percent discount, or $9.95 a month, to families with school-age children - remains a work in progress, Comcast says. The company is holding news conferences around the nation, and one event is scheduled Friday morning at Constitution High School in Philadelphia.
BUSINESS
October 6, 2013 | By Bob Fernandez, Inquirer Staff Writer
The head of the Comcast Corp.-owned Telemundo network, Emilio Romano, is leaving the company in the latest shuffle of NBCUniversal executives. Telemundo is a distant second in the fast-growing Spanish-language TV market, with a goal of closing the gap with top-watched Univision. NBCUniversal's Hispanic Enterprise and Content Group, which includes Telemundo, is now run by former Univision executive Joseph Uva. He reports to Steve Burke, the chief executive officer at NBCUniversal.
NEWS
January 15, 2013
Comcast Corp. agreed to take a $150-million stake in Arris Group Inc., the telecom equipment supplier that last month agreed to buy Horsham-based set-top box maker Motorola Home from Google Inc. As a result, according to Arris, Comcast and Google will each own about 7.85 percent of Arris shares. Arris in December said it would buy Motorola Home in a deal valued at $2.35 billion in cash and stock.    - Reid Kanaley
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