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BUSINESS
April 24, 2012 | By Bob Fernandez, INQUIRER STAFF WRITER
Penned by the ghost writer behind popular autobiographies of Chrysler CEO Lee Iacocca and "Mayflower Madam" Sydney Biddle Barrows, An Incredible Dream, a self-published authorized corporate history, has been released by Comcast Corp. The 424-page, 27-chapter book is being distributed to more than 100,000 Comcast and NBCUniversal employees and will become an orientation must-read for new hires. The book cover bears an image of Ralph Roberts, the lead company cofounder, now 92 years old, with arms open, seemingly embracing a crowd.
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
December 3, 2010 | By Bob Fernandez, Inquirer Staff Writer
Comcast Corp. has eliminated a cable-division headquarters in Oaks, Montgomery County, which could affect about 150 employees. Cable operations in Pennsylvania and in the Washington area will now report to a division headquarters in the Boston area. The news was disclosed internally to employees. "Some functions may remain at Oaks, and there is no plan at this time to close Oaks down," said Comcast spokeswoman Beth Bacha. Comcast expects the "vast majority" of employees with Oaks-based jobs to be absorbed into other Comcast offices in the Philadelphia area or other places, the company said.
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
March 8, 2011
Comcast Corp. has chosen Burrell Communications, of Chicago, as its advertising agency of record to market its products and services to African American consumers. As part of its deal to acquire control of news and entertainment giant NBC Universal Inc., Comcast has separately agreed to add four cable networks owned, or partly owned, by African Americans over the next eight years.     - Bob Fernandez  
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
BUSINESS
May 28, 2011 | By Bob Fernandez, Inquirer Staff Writer
Bloomberg L.P., the New York financial-information and news giant, has threatened to file a complaint with the Federal Communications Commission that would force Comcast Corp. to relocate Bloomberg TV to an area on the cable-channel lineup with other news channels. Bloomberg says this "neighborhooding" provision is in the 280- page FCC order in January that allowed Comcast to acquire control of NBC Universal Inc. Comcast is ignoring the provision, Bloomberg contends. Neighborhooding refers to grouping together similar channels, such as CNN, CNBC, Fox News, and MSNBC.
NEWS
September 26, 2010 | By Bob Fernandez, INQUIRER STAFF WRITER
Steve Burke, like his father before him, is going to run a TV network. Burke, the No. 2 executive at Comcast Corp., was named on Sunday to run NBC Universal Inc. when the cable giant acquires 51 percent of the entertainment and news giant, which could be later this year. Philadelphia-based Comcast announced Burke's position as chief executive officer of NBCU two days after Jeff Zucker, the current head of NBCU, told employees on Friday morning in an e-mail he would leave when the Comcast/NBCU deal closes.
NEWS
December 23, 2008
RE TOM SPEYER'S letter: "Please, Council, approve FIOS. " Tom is not alone in the struggle with Comcast. Comcast holds the residents of this city over the coals and pretty much does and charges as it wants because there is no competition. Competition is healthy and I bet Comcast will feel the loss if Verizon is allowed to bring FIOS to Philadelphia. Dish service is not comparable to cable. Maybe the Daily News can start a campaign to get the residents to write members of City Council on this issue.
BUSINESS
July 11, 2012 | By Bob Fernandez and Inquirer Staff Writer
Comcast Corp. disclosed in a regulatory filing on Tuesday that it reached an agreement to sell a 15.8 stake in A&E Television Networks L.L.C., the creator of cable-TV hits Pawn Stars, American Pickers and Storage Wars, for $3.025 million in cash. The Inquirer reported on the deal's final negotiations Tuesday. The buyers were Comcast's partners in A&E, the Walt Disney Co. and Hearst Co. The two companies now control A&E in a 50-50 venture. Comcast and A&E declined to comment.
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