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As of the end of 2013, Comcast had a total of 21.7 million cable customers. [87] The average cost of Comcast's Digital Basic cable subscription had increased 72% from 2003 to 2012. [88] In the fourth quarter of 2015, Comcast got 89,000 new video subscribers. This was their highest gain since 2007. [89]
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.
The prototype of what would become TV Guide Magazine was developed by Lee Wagner (1910–1993), [5] who was the circulation director of MacFadden Publications in New York City in the 1930s – and later, by the time of the predecessor publication's creation, for Cowles Media Company – distributing magazines focusing on movie celebrities.
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.
But a growing number of cable TV viewers have been cancelling their subscriptions and moving on to streaming platforms. Comcast said the brands to be included in the spin-off reached about 70 ...
Comcast is spinning off into a new company many of the cable television networks that were once at the entertainment giant's heart as consumers increasingly swap out their cable TV subscriptions ...
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.
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with ...