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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.
Xfinity Voice (formerly Comcast Digital Voice) is a Voice Over IP cable telephony service that was launched in 2005 in some markets, [75] and to all of Comcast's markets in 2006. Comcast's older service, Comcast Digital Phone, continued to offer service for a brief period, until Comcast shut it down around in late 2007. [ 76 ]
Brian L. Roberts. Comcast is described as a family business. [19] Brian L. Roberts, its chairman and CEO, is the son of founder Ralph J. Roberts (1920–2015). Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". [20]
Comcast's (NAS: CMCSA) share price jumped over 5% in the first couple of minutes of trading on Wednesday, reflecting the overall positive results of the company's just released fourth-quarter 2011 ...
Acquisition of NBC Universal by Comcast The logo of Comcast from late 2006 to 2013 NBCUniversal logo as of January 31, 2011 Alternate NBCUniversal logo, created after the company's takeover and featuring Comcast's updated NBC peacock logo to promote its ownership Initiator Comcast Target NBC Universal from GE Type Majority stake (until March 2013) Full acquisition (from March 2013) Cost US$ 13 ...
Comcast is not holding a conference call with analysts or press to discuss the planned transaction. Over the 12 months ended Sept. 30, 2024, SpinCo generated approximately $7 billion in revenue ...
Comcast isoffloading offmost of its cable properties. And it's likely others in the industry will make similar moves. The legacy media giant announced the spin-off on Wednesday after teasing ...
In July 2006, Adelphia sold its cable operations to Comcast (which now uses the Xfinity brand) and Time Warner Cable (then part of Time Warner, later known as WarnerMedia) for $17.6 billion. In 2007, Time Warner Cable officially succeeded Adelphia as a publicly traded corporation but the cable assets were spun out in 2009 and was acquired by ...