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Comcast Subsidiaries
Comcast Corporation, formerly known as Comcast Holdings,Before the AT&T Broadband, AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corporation, not the parent company (seeBloomberg profile on Comcast Holdings Corporation. Technically, the current parent company was founded December 7, 2001 as CAB Holdings Corporation, which changed its name to AT&T Comcast Corporation before finally taking on the Comcast Corporation name (seeNov 2002 8K/A Form anNov 2002 S-4). is an American Multinational corporation, multinational mass media, telecommunications, and entertainment conglomerate. Headquartered at the Comcast Center in Philadelphia, the company was ranked 51st in the Forbes Global 2000, ''Forbes'' Global 2000 in 2023. It is the List of telephone operating companies, fourth-largest telecommunications company by worldwide revenue, after Deutsche Telekom, China Mobile, and Verizon. Comcast i ...
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Comcast Center
Comcast Center, also known as the Comcast Tower, is a skyscraper at 1701 John F. Kennedy Boulevard in Center City, Philadelphia, Center City Philadelphia. The 58-story, tower is the List of tallest buildings in Philadelphia, second-tallest building in Philadelphia and in the U.S. Commonwealth of Pennsylvania, and the List of tallest buildings in the United States, 31st-tallest building in the United States. Originally called One Pennsylvania Plaza when plans for the building were announced in 2001, the Comcast Center went through two redesigns before construction began in 2005. Comcast Center was designed by Robert A.M. Stern Architects for Liberty Property Trust. In early 2005, the final redesign and its new name—the Comcast Center—were unveiled. The building is named after its lead tenant, cable company Comcast, which makes the skyscraper its corporate headquarters. Leasing , Comcast takes up 89 percent of the building. The building features retail and restaurant space an ...
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Brian L
Brian (sometimes spelled Bryan in English) is a male given name of Irish and Breton origin, as well as a surname of Occitan origin. It is common in the English-speaking world. It is possible that the name is derived from an Old Celtic word meaning "high" or "noble". For example, the element ''bre'' means "hill"; which could be transferred to mean "eminence" or "exalted one". The name is quite popular in Ireland, on account of Brian Boru, a 10th-century High King of Ireland. The name was also quite popular in East Anglia during the Middle Ages. This is because the name was introduced to England by Bretons following the Norman Conquest. Bretons also settled in Ireland along with the Normans in the 12th century, and 'their' name was mingled with the 'Irish' version. Also, in the north-west of England, the 'Irish' name was introduced by Scandinavian settlers from Ireland. Within the Gaelic-speaking areas of Scotland, the name was at first only used by professional families of Iris ...
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Midco
Midco (known as Midcontinent Communications until 2016) is a regional cable provider, providing a triple play service of cable television, Internet and telephone service for both North Dakota and South Dakota, along with much of Minnesota, and several communities in Kansas and Wisconsin. The company's business-class service also provides direct fiber-optic communications services via leased data circuits for larger companies. Headquartered in Sioux Falls, South Dakota and operated as a joint venture between Midcontinent Media and Comcast, Midco provides service to 200 communities both urban and rural, serving an area that covers over 1.2 million people. History Midcontinent Media was founded in Minneapolis, Minnesota in 1931 as the Welworth Theater Company, an operator of movie theaters. The company remained in that business until the 1990s, when it sold its theaters to various chains, including Carmike. In 1952, it bought the Midcontinent Broadcasting Company, owner of KELO ...
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Comcast Business
Comcast Business is a subsidiary of Comcast, which, through several iterations, has handled the sales, marketing, and delivery of internet, phone, and cable television to businesses (in contrast, consumer services are primarily offered under the Xfinity brand). In 2012, Comcast Business grew by 34%, the fastest growth of any of Comcast's products in 2012, reaching $2.4 billion in revenue. In 2013, Comcast Business generated $3.2 billion in revenue, an increase of 26% over 2012 revenue. History Comcast Commercial Online On December 3, 1997, Comcast's subsidiary, Comcast Commercial Online Communications Inc., launched the ''Comcast Commercial Internet Service'', offering internet services to businesses through a cable modem, with data sent over the @Home Network. On January 24, 2000, Comcast Commercial Online announced a partnership with click2send.com (TM), Inc. The stock of the @Home Network collapsed during the mid-2000 dot-com bubble, bankrupting @Home, and Comcast moved subsc ...
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Sky Group
Sky Group Limited is a British media and telecommunications conglomerate owned by Comcast and headquartered in London. It has operations in the United Kingdom, Ireland, Germany, Austria, Switzerland and Italy. Sky is Europe's largest media company and pay-TV broadcaster by revenue (), with 23 million subscribers and more than 31,000 employees as of 2019. The company is primarily involved in satellite television, producing and broadcasting. The current CEO is Dana Strong. Formed in 1990 by the equal merger of Sky Television and British Satellite Broadcasting, BSkyB became the UK's largest pay television company. In 2014, after completing the acquisition of Sky Italia and Sky Deutschland, the merged company changed its name to Sky plc. Since its founding, Rupert Murdoch's News Corporation held 39.14% of Sky Group, and in June 2010, they attempted to buy out the rest of Sky, but the bid was withdrawn in July 2011 following the News International phone hacking scanda ...
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NBCUniversal
NBCUniversal Media, LLC (abbreviated as NBCU and Trade name, doing business as NBCUniversal or Comcast NBCUniversal since 2013) is an American Multinational corporation, multinational mass media and Show business, entertainment conglomerate (company), conglomerate that is a subsidiary of Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City. It is mostly involved in the media and entertainment industry, named for its two most significant divisions: the NBC, National Broadcasting Company (NBC)—one of the United States' Big Three (television networks), Big Three television networks—and Universal Pictures, one of the Major film studios, major Hollywood film studios. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA Network, USA, Syfy, Bravo (American TV network), Bravo, Oxygen (TV network), Oxygen, E!, Telemundo, Golf Channel, CNBC, Universo (TV channel), Universo, the ...
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Comcast Spectacor
Comcast Spectacor is an American sports and entertainment company and division of Comcast based in Philadelphia, Pennsylvania. It owns the Philadelphia Flyers of the National Hockey League, the Philadelphia Wings of the National Lacrosse League, the Seoul Infernal of the Overwatch League, and formerly owned the Philadelphia 76ers of the National Basketball Association and the Maine Mariners of the ECHL. The company owns and manages the Wells Fargo Center and formerly managed the Spectrum in South Philadelphia, plus several community skating rinks in the Philadelphia region. The Comcast SportsNet (CSN) regional sports networks were also owned by Comcast Spectacor prior to parent company Comcast's acquisition of NBCUniversal in January 2011; CSN is now operated through NBC Sports. The company was formed in 1974 by Flyers founder and chairman Ed Snider as Spectacor, the parent company of both the Flyers and the Spectrum. Snider had been instrumental in getting the Spectrum b ...
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Xfinity
Comcast Cable Communications, LLC, doing business as Xfinity, is an American telecommunications business segment and division of the Comcast Corporation. It is used to market consumer cable television, internet, telephone, and wireless services provided by the company. The brand was first introduced in 2010; prior to that, these services were marketed primarily under the Comcast name. its CEO is Dave Watson, its chairman is Brian L. Roberts, and its CFO is Catherine Avgiris. Xfinity went from US$23.7 billion in revenue in 2007 to $50.04 billion in 2016. Branding In February 2010, Comcast began to re-brand its consumer triple play service offerings under the name Xfinity; Comcast Digital Cable was renamed "Xfinity TV", Comcast Digital Voice became "Xfinity Voice", and Comcast High-Speed Internet became "Xfinity Internet". The re-branding and an associated promotional campaign were scheduled to coincide with the 2010 Winter Olympics. The rebranding was characterized by the ...
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Voting Interest
Voting interest (or voting power) in business and accounting means the total number, or percent, of votes entitled to be cast on the issue at the time the determination of voting power is made, excluding a vote which is contingent upon the happening of a condition or event which has not occurred at the time. Voting interest is one form of economic interest. Economic interests comprise all types and forms of investment vehicles that an investee could issue or be a party to, including equity securities; financial instruments with characteristics of equity, liabilities, or both; long-term debt and other debt-financing arrangements; leases; and contractual arrangements such as management contracts, service contracts, or intellectual property licenses. Non-voting interest Ownership of more than 50% of voting shares generally gives the right of control and consolidation. In special cases, control is possible without having to own more than 50% of voting stock. For example, if agreed ...
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Equity Interest
Capital participation (sometimes also called ''equity participation'' or ''equity interest'') is a form of equity sharing not restricted to housing, in which a company, infrastructure, property or business is shared between different parties. Shareholders invest in a business for profit maximization and cost savings, e.g., through tax deduction. A visible and controversial form of capital participation can be found in public–private partnerships in which the private sector invests in public projects and usually receive a time-limited concession for ownership or operation to make profits from the acquired property. See also * Risk capital * Angel investor * Shareholder * Profit sharing * Private equity * Takeover * Mergers and acquisitions * Privatization Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synony ...
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Chief Financial Officer
A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, record-keeping, and financial reporting, and, increasingly, the analysis of data. The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO, and FD is the level before reaching CFO. Legal requirement The ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate Job, position (as opposed to being combined with a "Corporate title#Senior management, C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely Definition, defined; the president is usually the legally Legal recognition, recognized highest rank of Corporate title, corporate officer, ranking above the various Vice president#In business, vice presidents (including senior vice president and executive vice president), but on its own generally considered Hierarchy, subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come fr ...
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