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Last modified on 14 August 2015, at 18:58 Edit Watch this page Comcast Comcast Corporation Comcast Logo.svg Logo since 2012 with the NBC peacock, when Comcast bought NBCUniversal Comcastcenter vertical.jpg Comcast Center in Center City, Philadelphia, PA Type Public Traded as Class A NASDAQ: CMCSA Class B special NASDAQ: CMCSK NASDAQ-100 Components (CMCSA and CMCSK) S&P 500 Component (CMCSA) Industry Telecommunications Mass media Founded Tupelo, Mississippi, United States (June 28, 1963) Founder Ralph J. Roberts Daniel Aaron[1] Julian A. Brodsky Headquarters Philadelphia, Pennsylvania, United States Area served Worldwide[2] Key people Brian L. Roberts (Chairman & CEO) Michael Angelakis[3] (Vice Chairman, CFO) David L. Cohen (Executive Vice President) Products Cable television Broadband internet VoIP phone Home Security Systems Television broadcasting Motion pictures Radio broadcasting Sports franchising Theme parks Venture capital Revenue Increase US$ 64.657 billion (2013) [4] Increase US$ 62.570 billion (2012) [4] Operating income Increase US$ 13.563 billion (2013) [4] Increase US$ 12.179 billion (2012) [4] Net income Increase US$ 6.816 billion (2013) [4] Increase US$ 6.203 billion (2012) [4] Total assets Increase US$ 158.813 billion (2013) [5] Increase US$ 164.971 billion (2012) [4] Total equity Increase US$ 51.058 billion (2013) [5] Increase US$ 49.796 billion (2012) [5] Number of employees 136,000 (Dec 2013)[6] Subsidiaries Comcast Cable Midcontinent Communications (49%) Comcast Interactive Media Comcast Spectacor (63%) Comcast Ventures[7] NBCUniversal Website Comcast Corporation, formerly registered as Comcast Holdings,[note 1] is a U.S.-based multinational mass media company and is the largest broadcasting and largest cable company in the world by revenue.[2] It is the second largest pay-TV company after the AT&T-DirecTV merger and largest home Internet service provider in the United States,[8] and the nation's third largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and the District of Columbia.[9] The company's headquarters is located in Philadelphia, Pennsylvania.

As the owner of the international media company NBCUniversal since 2011,[10][11][12][13] Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast.

Comcast operates multiple cable-only channels (including E! Entertainment Television, the Golf Channel, and NBCSN), over-the-air national broadcast network channels (NBC and Telemundo), the film production studio Universal Pictures, and Universal Parks & Resorts, with a global total of nearly 200 family entertainment locations and attractions in the U.S. and several other countries including U.A.E., South Korea, Russia and China, with several new locations reportedly planned and being developed for future operation.[14] Comcast also has significant holding in digital distribution (ThePlatform). In February 2014 the company agreed to merge with Time Warner Cable in an equity swap deal worth $45.2 billion. Under the terms of the agreement Comcast was to acquire 100% of Time Warner Cable. [15] However, on April 24, 2015, Comcast terminated the agreement.

Comcast has been criticized for multiple reasons. The company's customer satisfaction often ranks among the lowest in the cable industry.[16][17] Comcast has violated net neutrality practices in the past; and, despite Comcast's commitment to a narrow definition of net neutrality,[18] critics advocate a definition of which precludes distinction between Comcast's private network services and the rest of the Internet.[19] Critics also point out a lack of competition in the vast majority of Comcast's service area; it does not compete with other cable providers.[20] Given Comcast's negotiating power as a large ISP, some suspect that Comcast could leverage paid peering agreements to unfairly influence end-user connection speeds. Its ownership of both content production (in NBCUniversal) and content distribution (as an ISP) has raised antitrust concerns. These issues, in addition to others, led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 2014.[21][22]



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