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GuideWorks, LLC is the joint venture of Comcast and Gemstar-TV Guide International that was formed in April 2004 for the purpose of creating navigation software (also known as Interactive Program Guides) for digital cable television. Comcast owns a majority stake in the venture. The software developed by GuideWorks is widely deployed in Comcast ...
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.
As Cavanagh indicated on Comcast’s Oct. 31 earnings call, offloading the cable nets is designed to boost the core company’s overall growth profile (and, by extension, its market valuation).
Comcast's cable television customers peaked in 2007, with about 24.8 million customers. [85] Comcast had lost customers every year since. However, the first quarterly gain in customers since their peak occurred in the fourth quarter of 2013. [86] As of the end of 2013, Comcast had a total of 21.7 million cable customers. [87]
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 ...
Comcast is the first major media company to officially make the move to carve up up its business. Walt Disney has also considered spinning off its cable networks but ended up scrapping the plan.
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