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Comcast shares closed down nearly 10% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects broadband subscribers to decline by over 100,000 in the current quarter.
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.
Comcast just jump-started a new season of major change across the television industry And no one quite knows what will happen next. Comcast’s cable networks spinoff raises questions about ...
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 ...
Brian L. Roberts (born June 28, 1959) is an American entrepreneur, business executive and billionaire.He is the chairman and CEO of Comcast, a multinational telecommunications and media company providing entertainment and communications products and services, founded by his late father, Ralph J. Roberts.
Comcast was among the top backers of Barack Obama's presidential runs, with Comcast vice president David Cohen raising over $2.2 million from 2007 to 2012. [ 58 ] [ 59 ] Cohen has been described by many sources as influential in the U.S. government, [ 60 ] though he is no longer a registered lobbyist, as the time he spends lobbying falls short ...
Comcast Announces Spin-Off of Most Cable Networks Into New Company to ‘Set These Businesses Up for Future Growth,’ CEO Brian Roberts Says Todd Spangler November 20, 2024 at 5:08 AM
In 1998, Burke left Disney and became President of Comcast Cable. [8] In 2004, he was named Chief Operating Officer of Comcast Cable, in addition to his title of President. [9] In 2010, it was announced that Burke would become CEO of NBCUniversal after Comcast and General Electric completed a merger. [10]