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It is the third-largest pay-TV company, the second-largest cable TV company by subscribers, and the largest home Internet service provider in the United States. In 2023, the company was ranked 51st in the Forbes Global 2000. [10] Comcast is additionally the nation's third-largest home telephone service provider.
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.
QVC: Comcast sold its majority stake to Liberty Media in 2003; Speed Channel: joint venture with Cox Communications and Fox Entertainment Group; Fox acquired Comcast and Cox's stakes in 2001; Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery) in 2003.
The company announced a plan Wednesday that will offload the bulk of NBCUniversal’s financially challenged cable portfolio — excluding Bravo — into a new entity owned by Comcast shareholders.
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan.
Comcast, after all, essentially said that a reason it’s jettisoning the declining cable networks (excluding Bravo) is to improve the core company’s growth profile and valuation, with a focus ...
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Brian L. Roberts (born June 28, 1959) is an American billionaire businessman, and the chairman and CEO of Comcast, an American company providing cable, entertainment, and communications products and services which was founded by his father, Ralph J. Roberts.