US20030N1019 - Common Stock
COMCAST CORP-CLASS A
NASDAQ:CMCSA (11/21/2024, 5:07:08 PM)
After market: 43.5 0 (0%)43.5
+0.51 (+1.19%)
Comcast Corp. engages in the provision of video, Internet, and phone services. The company is headquartered in Philadelphia, Pennsylvania and currently employs 186,000 full-time employees. The company delivers broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock, and Sky; and brings theme parks and attractions to life through Universal Destinations and Experiences. The company operates through two primary businesses: Connectivity & Platforms and Content & Experiences. The Connectivity & Platforms segment contains its broadband, wireless, video and wireline voice businesses in the United States, United Kingdom and Italy. The company also includes the operations of its Sky-branded entertainment television networks in the United Kingdom, and Italy. The Content & Experiences segment contains media and entertainment businesses that produce and distribute entertainment, sports, news and other content for audiences and that own and operate theme parks and attractions in the United States and Asia.
COMCAST CORP-CLASS A
1 Comcast Ctr
PHILADELPHIA PENNSYLVANIA 19103
P: 12152861700
CEO: Brian L. Roberts
Employees: 186000
Website: https://corporate.comcast.com/
Comcast was supposed to have a solid broadband business to fall back on, but even that's in trouble.
The biggest news stories this morning: There's a new Echo Show in town, we get you all the best Black Friday deals and Comcast's (kinda) ditching cable.
The cable-TV networks business being spun off by Comcast Corp. will explore acquiring other cable channels and creating its own streaming services to grow after separating from its parent.
Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.
Comcast spun off its cable networks but made a head-turning decision to keep reality-TV maker Bravo. Media analysts share what's behind that move.
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