Editing Comcast

{{Short description|American multinational telecommunications and media conglomerate}}
{{About|the media conglomerate|the internet service provider previously branded as Comcast|Xfinity}}
{{Use American English|date=July 2016}}
{{Use mdy dates|date=March 2017}}
{{Infobox company
| name = Comcast Corporation
| logo_caption = Logo used since January 11, 2024
| image = Comcastcenter vertical.jpg
| image_size = 250px
| image_caption = [[Comcast Center]], the company's headquarters in [[Philadelphia]]
| former_names = {{plainlist|
* American Cable Systems (1963–1968)
* Comcast Holdings<br />(1968–2000)
}}
| type = [[Public company|Public]]
| traded_as = {{ubl|class=nowrap|{{NASDAQ|CMCSA}} (Class A)|[[Nasdaq-100]] component||[[S&P 100]] component||[[S&P 500]] component}}
| industry = {{ubl|[[Telecommunications industry|Telecommunications]]|[[Media conglomerate|Media]]|[[Outline of entertainment|Entertainment]]}}
| products = {{ubl|[[Cable television]]|[[Broadband]]|[[Internet service provider|Internet service]]|[[Broadcasting]] }}
| founded = {{Start date and age|1963|6|28}} in [[Tupelo, Mississippi]], U.S.
| founder = [[Ralph J. Roberts]]
| predecessors = 
| hq_location = [[Comcast Center]]
| hq_location_city = [[Philadelphia, Pennsylvania]]
| hq_location_country = United States
| area_served = Worldwide
| key_people = {{plainlist|
* [[Brian L. Roberts]] ([[Chairman#Public corporations|chairman]] & [[Chief executive officer|CEO]])
* [[Michael J. Cavanagh]] ([[President (corporate title)|president]])
* Jason S. Armstrong ([[Chief financial officer|CFO]]) 
}}
| revenue = {{increase}} {{US$|121.6 billion|link=yes}}
| revenue_year = 2023
| operating_income = {{increase}} {{US$|23.31 billion}}
| income_year = 2023
| net_income = {{increase}} {{US$|15.11 billion}}
| net_income_year = 2023
| assets = {{increase}} {{US$|264.8 billion}}
| assets_year = 2023
| equity = {{increase}} {{US$|83.23 billion}}
| equity_year = 2023
| owner = Brian L. Roberts (1% [[equity interest]], 33% [[Voting interest|voting power]])
| num_employees = 186,000
| num_employees_year = 2023
| divisions = {{plainlist|
* [[Xfinity]]
* [[Comcast Spectacor]]
}}
| subsid = {{plainlist|
* [[NBCUniversal]]
* [[Sky Group]]
* [[Midco]] (49%)
}}
| website = {{URL|https://corporate.comcast.com}}
| footnotes = <ref name="CNN Money">{{cite web |url=https://money.cnn.com/2004/02/11/news/companies/comcast_disney/ |title=Comcast bids for Disney |access-date = November 5, 2016}}</ref><ref name="Bloomberg Markets">{{cite web |url=https://www.bloomberg.com/quote/CMCSK:US| title=CMCSK:US | website=[[Bloomberg News]] |access-date=November 5, 2016 }}</ref><ref>{{Cite web |url=https://www.cmcsa.com/static-files/dddc6229-b7c3-4e9a-94d6-ee82424f8709 |title=Archived copy |access-date=November 28, 2018 |archive-url=https://web.archive.org/web/20180718083835/https://www.cmcsa.com/static-files/dddc6229-b7c3-4e9a-94d6-ee82424f8709 |archive-date=July 18, 2018 |url-status=dead |df=mdy-all }}</ref><ref>{{cite web |url=https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2018/03/2018-Code-of-Conduct-English.pdf |title=Archived copy |website=update.comcast.com |access-date=17 January 2022 |archive-url=https://web.archive.org/web/20190906122738/https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2018/03/2018-Code-of-Conduct-English.pdf |archive-date=6 September 2019 |url-status=dead}}</ref><ref name="mediadb.eu">[http://www.mediadb.eu/en/data-base/international-media-corporations/comcastnbcuniversal-llc.html IfM – Comcast/NBCUniversal, LLC] {{Webarchive|url=https://web.archive.org/web/20180608214927/http://www.mediadb.eu/en/data-base/international-media-corporations/comcastnbcuniversal-llc.html |date=June 8, 2018 }}. Institute of Media and Communications Policy Mediadb.eu (undated). Retrieved on June 11, 2015.</ref><ref>{{cite news| url=https://www.reuters.com/finance/stocks/companyOfficers?symbol=CMCSA.OQ|title=People: Comcast Corp (CMCSA.OQ) |work=Reuters |access-date=February 22, 2014}}</ref><ref name="10-K">{{cite web |url=https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1166691/000116669124000011/cmcsa-20231231.htm |title=Comcast Corporation 2023 Annual Report (Form 10-K) |date=31 January 2024 |publisher=[[U.S. Securities and Exchange Commission]] |website=sec.gov}}</ref>
| module = {{infobox network service provider|child=yes|asn=7922}}
}}

'''Comcast Corporation''', formerly known as '''Comcast Holdings''',<ref group="note">Before the [[AT&T Broadband|AT&T]] merger in 2001, the parent company was '''Comcast Holdings Corporation'''. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corporation, not the parent company (see: [https://archive.today/20140325004719/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=7675764 Bloomberg profile on Comcast Holdings Corporation]). Technically, the current parent company was founded December 7, 2001 as '''CAB Holdings Corporation''', which changed its name to '''AT&T Comcast Corporation''' before finally taking on the '''Comcast Corporation''' name (see: [http://apps.shareholder.com/sec/viewerContent.aspx?companyid=CMCSA&docid=2086089 Nov 2002 8K/A Form] {{Webarchive|url=https://web.archive.org/web/20140325052620/http://apps.shareholder.com/sec/viewerContent.aspx?companyid=CMCSA&docid=2086089 |date=March 25, 2014 }} and [http://www.cmcsa.com/secfiling.cfm?filingID=950103-02-1156 Nov 2002 S-4] {{Webarchive|url=https://web.archive.org/web/20140325044519/http://www.cmcsa.com/secfiling.cfm?filingID=950103-02-1156 |date=March 25, 2014 }}).</ref> is an American [[Multinational corporation|multinational]] [[telecommunications]] and [[digital media|media]] [[conglomerate (company)|conglomerate]] incorporated and headquartered in [[Philadelphia]].<ref>{{cite web |url=https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/big-6/ |title=The Big 6 Media Companies|access-date=August 7, 2022}}</ref> 

It is the fourth-largest [[broadcasting]] and [[cable television]] company worldwide by revenue (behind [[China Mobile]], [[Verizon]], and [[AT&T]]).<ref name=":2">{{Cite web |title=Top publicly traded telecommunication companies by revenue |url=https://companiesmarketcap.com/telecommunication/largest-telecommunication-companies-by-revenue/ |access-date=2024-08-12 |website=companiesmarketcap.com |language=en-US}}</ref> 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]].<ref>{{Cite web|lang=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}}</ref> Comcast is additionally the nation's third-largest home [[telephone service provider]]. It provides services to U.S. residential and commercial customers in 40 states and the [[District of Columbia]].<ref name="annual_report">[http://files.shareholder.com/downloads/CMCSA/845254023x0xS1193125%2D09%2D33975/1166691/filing.pdf Comcast 2008 Form 10-K] {{Webarchive|url=https://web.archive.org/web/20170421095409/http://files.shareholder.com/downloads/CMCSA/845254023x0xS1193125%2D09%2D33975/1166691/filing.pdf |date=April 21, 2017 }}, files.shareholder.com</ref> As the owner of [[NBCUniversal]] since 2011, Comcast is also a high-volume producer of [[Film|films]] for theatrical exhibition and television programming, and a [[Universal Studios Florida|theme parks]] operator. It is the [[List of telephone operating companies|fourth-largest telecommunications company]] by worldwide revenue.<ref name=":2" />

Comcast owns and operates the [[Xfinity]] residential cable communications business segment and division; Comcast Business, a commercial services provider; and Xfinity Mobile, an [[MVNO]] of Verizon. Through [[NBCUniversal]], Comcast is also the owner and operator of over-the-air national broadcast network channels such as [[NBC]], [[Telemundo]], [[TeleXitos]], and [[Cozi TV]]; multiple cable-only channels such as [[MSNBC]], [[CNBC]], [[USA Network]], [[Syfy]], [[Oxygen (TV network)|Oxygen]], [[Bravo (American TV network)|Bravo]], and [[E!]]; the film studio [[Universal Pictures]]; the VOD streaming service [[Peacock (streaming service)|Peacock]]; animation studios [[DreamWorks Animation]], [[Illumination (company)|Illumination]], and [[Universal Animation Studios]]; and [[Universal Destinations & Experiences]]. It also has significant holdings in digital distribution, such as [[thePlatform]], which it acquired in 2006; and ad-tech company FreeWheel, which it acquired in 2014. Since October 2018, Comcast is also the parent company of [[Sky Group]].<ref>{{Cite web |url=https://www.thestreet.com/investing/comcast-tops-q3-earnings-forecast-after-40-billion-sky-deal-14756907 |title=Comcast Tops Q3 Earnings Forecast After $40 Billion Sky Deal |first=Martin |last=Baccardax |website=TheStreet |date=October 25, 2018 }}</ref>

Comcast is [[Criticism of Comcast|criticized]] and put under intense public scrutiny for a variety of reasons. Its customer satisfaction ratings were among the lowest in the cable industry during the years 2008–2010.<ref>{{cite press release
 | url        = http://www.prnewswire.com/news-releases/comcast-is-crowned-consumeristcoms-2010-worst-company-in-america-92097574.html
 | title      = Comcast Is Crowned Consumerist.Com's 2010 'Worst Company in America'
 | publisher  = PR Newswire
 | author     = Consumerist
 | date       = April 26, 2010
 | access-date = March 31, 2014
 }}</ref><ref name="JDP-score">[http://news.ecoustics.com/bbs/messages/10381/518826.html J.D. Power Releases 2008 Residential Television Service Satisfaction Survey]. News.ecoustics.com. Retrieved on July 8, 2011.</ref> It has violated [[net neutrality]] practices in the past and despite its commitment to a narrow definition of net neutrality,<ref name=Netflix>{{cite web
 | url        = http://www.cnet.com/news/netflixs-hastings-makes-the-case-for-net-neutrality/
 | title      = Netflix's Hastings makes the case for Net neutrality
 | publisher  = CNET
 | author     = Dara Kerr
 | date       = March 20, 2014
 | access-date = March 31, 2014
 }}</ref> critics advocate a definition that precludes any distinction between Comcast's [[private network]] services and the rest of the Internet.<ref name="FCC-VOIP">Modine, Austin. (January 21, 2009) [https://www.theregister.co.uk/2009/01/21/fcc_letter_comcast_voip_traffic_management/ "FCC fingers Comcast VoIP favoritism"]. TheRegister.co.uk. Retrieved on July 8, 2011.</ref> Critics also point out a lack of competition in the vast majority of Comcast's service areas; in particular, the limited competition among cable providers.<ref>{{cite news
 | url        = https://www.latimes.com/business/la-xpm-2013-aug-23-la-fi-hiltzik-20130823-story.html
 | title      = Cable monopolies hurt consumers and the nation
 | website    = Los Angeles Times
 | author     = Michael Hiltzik
 | date       = August 23, 2013
 | access-date = March 31, 2014
 }}</ref> Given its negotiating power as a large ISP, some suspect that it could leverage paid [[peering agreements]] to unfairly influence end-user connection speeds. Its ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns. These issues and others led to Comcast being dubbed "The Worst Company in America" by ''[[The Consumerist]]'' in 2010 and 2014.<ref>{{cite news
 | url        = http://consumerist.com/2014/04/08/congratulations-to-comcast-your-2014-worst-company-in-america/
 | title      = Congratulations to Comcast, Your 2014 Worst Company in America!
 | publisher  = Consumerist
 | date       = April 8, 2013
 | access-date = January 16, 2015
 }}</ref><ref>{{cite news
 | url        = http://www.salon.com/2014/08/29/why_comcast_is_the_worst_company_in_america/
 | title      = Why Comcast is the Worst Company in America
 | work  = Salon
 | author     = Paramore, Lynn Stuart
 | date       = August 30, 2013
 | access-date = January 15, 2015
 }}</ref>

==Overview==
===Leadership===
[[File:Brian Roberts Comcast.jpg|thumb|180px|[[Brian L. Roberts]]]]
Comcast is described as a [[family business]].<ref name=vision>{{cite journal
 | last       = Pearlstine
 | first      = Norman
 | title      = Brian Roberts on His Vision for Comcast
 | journal    = Bloomberg Businessweek
 | date       = August 9, 2012
 | url        = http://www.businessweek.com/articles/2012-08-09/brian-roberts-on-his-vision-for-comcast
 | archive-url = https://web.archive.org/web/20120810222229/http://www.businessweek.com/articles/2012-08-09/brian-roberts-on-his-vision-for-comcast
 | url-status = dead
 | archive-date = August 10, 2012
 | access-date = March 26, 2014
 | quote      = Comcast (CMCSA) is a 49-year-old family company that morphed into a media behemoth with the 2011 purchase of NBCUniversal.
 }}</ref> [[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".<ref name=note>All of Comcast's class B common stock, which controls 33.3% of voting power, is owned by CEO Brian Roberts. (see {{cite web
 |url          = http://www.cmcsk.com/secfiling.cfm?filingID=950159-04-860
 |title        = Form S-3 pp.10
 |publisher    = Comcast
 |date         = September 21, 2004
 |access-date   = March 21, 2014
 |archive-url  = https://web.archive.org/web/20141217040438/http://www.cmcsk.com/secfiling.cfm?filingID=950159-04-860
 |archive-date = December 17, 2014
 |url-status     = dead
 |df           = mdy-all
}})</ref> Legal expert [[Susan P. Crawford]] has said this gives him "effective control over [Comcast's] every step".<ref name=Crawford>{{cite book
 | last      = Crawford
 | first     = Susan
 | title     = Captive Audience : the telecom industry and monopoly power in the new gilded age
 | year      = 2013
 | publisher = Yale University Press
 | page      = 67
 | url       = https://books.google.com/books?id=G4KCPGnKFEUC&q=captive+audience+crawford
 | isbn      = 978-0300167375
 }}</ref> In 2010, he was one of the highest paid executives in the United States, with total compensation of about $31 million.<ref name=Crawford/>

====Board of directors====
{{As of|2024|02|18|df=US|post=:}}<ref>{{cite web |url=https://www.cmcsa.com/corporate-governance/board-of-directors |title=Board of Directors |publisher=Comcast |access-date=May 17, 2020 }}</ref>
* [[Brian L. Roberts]], chairman and CEO of Comcast
* Kenneth J. Bacon, former [[Fannie Mae]] executive
* Thomas J. Baltimore Jr., chairman, president and chief executive officer of [[Park Hotels & Resorts]]
* Madeline S. Bell, president and CEO of [[Children's Hospital of Philadelphia]]
* [[Edward D. Breen]] (lead independent director), executive chairman and CEO of [[DuPont]]
* [[Gerald Hassell]], former chairman and CEO of [[The Bank of New York Mellon]]
* Jeffrey Honickman, CEO of [[Pepsi-Cola]] Bottling
* Maritza Montiel, former deputy chairman and CEO of [[Deloitte]]
* Asuka Nakahara, former CFO of Trammell Crow
* [[David C. Novak]], former chairman and CEO of [[YUM! Brands]]
==== Executives ====
* [[Michael J. Cavanagh]], President
** [[Cesar Conde]], Chairman, NBCUniversal News Group
*** [[Rebecca Blumenstein]], President, NBC News Editorial
*** Luis Fernández, Chairman, NBCUniversal Telemundo Enterprises
*** Beau Ferrari, Senior Advisor to the Chairman of NBCUniversal News Group
*** [[Rashida Jones (television executive)|Rashida Jones]], President, [[MSNBC]]
*** Valari Dobson Staab, Chairman, NBCUniversal Local
*** KC Sullivan, President, [[CNBC]]
** [[Bonnie Hammer]], Vice Chairman, NBCUniversal
** Kimberley D. Harris, Executive Vice President of Comcast Corporation and General Counsel of NBCUniversal
** Anand Kini, Executive Vice President, Corporate Strategy, Comcast Corporation and Chief Financial Officer, NBCUniversal
** [[Donna Langley]], Chairwoman, NBCUniversal Studio Group & Chief Content Officer
*** Jimmy Horowitz, Chairman, Business Affairs & Operations
*** [[Pearlena Igbokwe]], Chairwoman, Universal Studio Group
*** Peter Levinsohn, Vice Chairman & Chief Distribution Officer, Universal Filmed Entertainment Group
** Mark Lazarus, Chairman, NBCUniversal Media Group
*** Frances Berwick, Chairman, NBCUniversal Entertainment
*** [[Pete Bevacqua]], Chairman, [[NBC Sports Group]]
*** Matt Bond, Chairman, Content Distribution
**** Matt Schnaars, President, Content Distribution
*** Mark Marshall, Chairman, Global Advertising & Partnerships, NBCUniversal
*** Jenny Storms, Chief Marketing Officer, Entertainment and Sports
*** Matt Strauss, Chairman, Direct-to-Consumer and International
**** Kelly Campbell, President, [[Peacock (streaming service)|Peacock]] and Direct to Consumer, NBCUniversal
** Adam Miller, Executive Vice President, NBCUniversal
*** Jen Friedman, Executive Vice President, Communications
*** Ian Trombley, President, Operations & Technology, NBCUniversal
*** Vicki Williams, Chief Human Resources Officer, NBCUniversal
** Craig Robinson, Executive Vice President, Chief Diversity Officer
** Mark Woodbury, Chairman and Chief Executive Officer, [[Universal Destinations & Experiences]]
*** [[Tom Mehrmann]], President, Chief Operating Officer Universal Destinations & Experiences, Pacific Rim

===Corporate offices===
Comcast is headquartered in Philadelphia, Pennsylvania, and has offices in [[Atlanta]], [[Detroit]], [[Denver]], [[Manchester, New Hampshire]] and [[New York City]].<ref>[http://www.comcast.com/corporate/about/pressroom/corporateoverview/corporateoverview.html Comcast Corporate Overview] {{Webarchive|url=https://web.archive.org/web/20081006052044/http://www.comcast.com/corporate/about/pressroom/corporateoverview/corporateoverview.html |date=October 6, 2008 }}. Comcast.com. Retrieved on July 8, 2011.</ref> On January 3, 2005, it announced it would become the anchor tenant in the new [[Comcast Center (Philadelphia)|Comcast Center]] in downtown Philadelphia—at {{convert|975|ft|m|abbr=on}}, the second-tallest skyscraper in Pennsylvania. In the fall of 2018, it finished construction of the {{convert|1,121|ft|m|abbr=on}} [[Comcast Technology Center]], Pennsylvania's tallest skyscraper, adjacent to its original headquarters.<ref>{{cite web
 | url        = http://articles.philly.com/2014-01-17/news/46268087_1_comcast-corp-new-building-comcast-center
 | archive-url = https://web.archive.org/web/20140121010334/http://articles.philly.com/2014-01-17/news/46268087_1_comcast-corp-new-building-comcast-center
 | url-status = dead
 | archive-date = January 21, 2014
 | title      = Comcast to build second, taller Phila. skyscraper
 | website    = The Philadelphia Inquirer
 | author     = Bob Fernandez
 | date       = January 17, 2014
 | access-date = March 27, 2014
 }}</ref> {{As of|2019|post=,}} the company had 184,000 employees.<ref>{{Cite web|url=https://fortune.com/fortune500/2019/comcast|title=Comcast|website=Fortune|language=en|access-date=2019-12-16|archive-date=August 17, 2020|archive-url=https://web.archive.org/web/20200817233248/https://fortune.com/fortune500/2019/comcast/|url-status=dead}}</ref>

===Employee relations===
Comcast is often criticized by the media and its own staff for its less-than-upstanding policies of employee relations.

A 2014 investigative series published by ''[[The Verge]]'' involved interviews with 150 Comcast employees, and examined why the company was so widely criticized by its customers, the media, and its own workers. It concluded that Comcast's staff endured unreasonable corporate policies: "Customer service has been replaced by an obsession with sales; technicians are understaffed … tech support is poorly trained, and the company is hobbled by internal fragmentation."<ref>{{cite web
 | title      = To Understand Comcast's Lousy Reputation
 | url        = http://www.philly.com/philly/blogs/inq-phillydeals/Inside-Comcast-customer-service.html
 | website    = The Philadelphia Inquirer
 | date = August 12, 2014
 | access-date = January 16, 2015
 }}</ref> A widely read article by an anonymous Comcast call center employee appeared in November 2014 on ''Cracked''. Titled "Five Nightmares You Live While Working For America's Worst Company", it claimed that Comcast was obsessed with sales, did not train its employees properly, and concluded that "the system makes good customer service impossible."<ref>{{cite web
 | title      = Five Nightmares You Live While Working For America's Worst Company
 | date = November 17, 2014
 | url        = http://www.cracked.com/article_21756_5-reasons-working-comcast-worse-than-you-think_p2.html
 | publisher  = Cracked
 | access-date = January 16, 2015
 }}</ref>

Comcast has also earned a reputation as anti-union. A company training manual says, "Comcast does not feel union representation is in the best interest of its employees, customers, or shareholders".<ref>{{cite news
 | url        = https://www.washingtonpost.com/wp-dyn/articles/A64667-2004Sep5.html
 | title      = Union Rights Triumph Over Intimidation
 | website    = The New York Times
 | author     = Cameron W. Barr
 | date       = September 6, 2004
 | access-date = February 27, 2014
 }}</ref> A dispute in 2004 with [[Communication Workers of America|CWA]], a labor union representing many employees at Comcast's Beaverton, Oregon offices, led to allegations of management intimidating workers, requiring them to attend anti-union meetings and unwarranted disciplinary action for union members.<ref>[https://web.archive.org/web/20040830073028/http://www.nwlaborpress.org/2004/8-6-04CWA.html Comcast Systematically Squeezing Out Unions], [[Northwest Labor Press]], 2004.</ref> In 2011, Comcast received criticism from [[Writers Guild of America]] for its policies regarding unions.<ref>[https://www.thewrap.com/media/article/comcast-seeking-%E2%80%98-destroy%E2%80%99-writers-guild-claims-board-members-24898?page=0, Comcast Seeking to Destroy Writer's Guild, Members Say] {{Webarchive|url=https://web.archive.org/web/20130628185009/http://www.thewrap.com/media/article/comcast-seeking-%E2%80%98-destroy%E2%80%99-writers-guild-claims-board-members-24898?page=0, |date=June 28, 2013 }}, CNN's the Wrap, 2011.</ref>

Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. In 2009, it was included on ''CableFAX'' magazine's "Top 10 Places to Work in Cable", which cited its "scale, savvy and vision".<ref>[http://www.cablefax.com/programming/networks/2009-Top-10-Places-to-Work-in-Cable_38104.html 2009 Top 10 Places to Work in Cable] {{Webarchive|url=https://archive.today/20130118151405/http://www.cablefax.com/programming/networks/2009-Top-10-Places-to-Work-in-Cable_38104.html |date=January 18, 2013 }}, CableFAX, October 27, 2009.</ref> Similarly, the ''[[Philadelphia Business Journal]]'' awarded Comcast the silver medal among extra-large companies in Philadelphia, with the gold medal going to partner organization, Comcast-Spectacor.<ref>[http://philadelphia.bizjournals.com/philadelphia/stories/2009/10/19/focus3.html Silver Winner – Extra-Large Company Comcast Corp.], [[Philadelphia Business Journal]], October 16, 2009.</ref><ref>[http://philadelphia.bizjournals.com/philadelphia/stories/2009/10/19/focus2.html?q=%20best%20places%20to%20work%20%20philadelphia%20comcast Gold Winner – Extra-Large Company: Comcast-Spectacor], [[Philadelphia Business Journal]], October 16, 2009.</ref> ''[[The Boston Globe]]'' found Comcast to be that city's top place to work in 2009.<ref>[https://www.boston.com/jobs/topworkplaces/2009/articles/a_cable_company_that_listens/ A cable company that listens], ''[[The Boston Globe]]'', November 8, 2009.</ref> Employee diversity is also an attribute upon which Comcast receives strong marks. In 2008, ''[[Black Enterprise]]'' magazine rated Comcast among the top 15 companies for workforce diversity.<ref>[http://www.blackenterprise.com/diversity/diversity-lists/2008/07/10/the-15-best-companies-for-workforce-diversity-2 The 15 Best Companies for Workforce Diversity] {{Webarchive|url=https://web.archive.org/web/20091218083520/http://www.blackenterprise.com/diversity/diversity-lists/2008/07/10/the-15-best-companies-for-workforce-diversity-2 |date=December 18, 2009 }}, [[Black Enterprise]], July 10, 2008.</ref>

===Financial performance===
Comcast reported a net profit in each year during the period 2006 to 2022.

{{As of|2020|post=,}} the company was ranked 28th on the [[Fortune 500]] rankings of the largest United States corporations by total revenue.<ref>{{Cite web|title=Comcast {{!}} 2020 Fortune 500|url=https://fortune.com/company/comcast/fortune500/|access-date=2021-01-12|website=Fortune|language=en}}</ref>

For the fiscal year 2022, Comcast reported earnings of US$15.4 billion, a decrease of 6.2% compared to the prior year. Annual revenue increased by 4.3% over the same period.<ref name="10k2022">{{cite web |title=Annual Report on Form 10K p. 70 |url=https://www.cmcsa.com/static-files/b5959ccc-6216-4bbb-a0ca-de6f689925f7 |website=cmcsa.com |publisher=Comcast |access-date=25 August 2023}}</ref> Their net debt was $91.2 billion,<ref>{{Cite web |last=Simply |first=Wall St |date=2023-01-01 |title=Is Comcast (NASDAQ:CMCSA) A Risky Investment? |url=https://simplywall.st/stocks/us/media/nasdaq-cmcsa/comcast/news/is-comcast-nasdaqcmcsa-a-risky-investment |url-status=live |access-date=2023-05-04 |website=simplywallstreeeet |archive-date=2023-05-04 |archive-url=https://web.archive.org/web/20230504050646/https://simplywall.st/stocks/us/media/nasdaq-cmcsa/comcast/news/is-comcast-nasdaqcmcsa-a-risky-investment}}</ref> exceeding total shareholders equity of $80.9 billion as of December 31, 2022.<ref>{{cite web |title=Comcast Annual Report on Form 10-K p. 70 |url=https://www.cmcsa.com/static-files/b5959ccc-6216-4bbb-a0ca-de6f689925f7 |website=cmsca.com |publisher=Comcast |access-date=25 August 2023}}</ref>
{| class="wikitable float-left" style="text-align: right;"
!Year
!Revenue<br />in mil. USD$
!Net income<br />in mil. USD$
!Total assets<br />in mil. USD$
!Employees
|-
|2006<ref>{{Cite web|url=https://www.cmcsa.com/static-files/b7121b55-088e-474c-bd04-d0c93a0218f9|title=2006 Annual Report}}</ref>
|24,966
|2,533
|110,405
|90,000
|-
|2007<ref>{{Cite web|url=https://www.cmcsa.com/static-files/0fcc5983-205d-4142-a014-eb60090f71bf|title=2007 Annual Report}}</ref>
|31,060
|2,587
|113,417
|100,000
|-
|2008<ref>{{Cite web|url=https://www.cmcsa.com/static-files/be273d94-5a27-4de9-bf18-51f3a0ee978b|title=2008 Annual Report}}</ref>
|34,423
|2,547
|113,017
|100,000
|-
|2009<ref>{{Cite web|url=https://www.cmcsa.com/static-files/816cf4fb-fb0f-4eb8-9ce1-e37e570fb25d|title=2009 Annual Report}}</ref>
|35,756
|3,638
|112,733
|107,000
|-
|2010<ref>{{Cite web|url=https://www.cmcsa.com/static-files/0b94292c-23e7-46c1-b226-daf51df09c00|title=2010 Annual Report}}</ref>
|37,937
|3,635
|118,534
|102,000
|-
|2011<ref>{{Cite web|url=https://www.cmcsa.com/static-files/1b5c0863-b2ad-46d7-ad6b-63cc918dc0da|title=2011 Annual Report}}</ref>
|55,842
|4,160
|157,818
|126,000
|-
|2012<ref>{{Cite web|url=https://www.cmcsa.com/static-files/b9f42919-5e27-47b8-a225-e7bc66469af7|title=2012 Annual Report}}</ref>
|62,570
|6,203
|164,971
|129,000
|-
|2013<ref>{{Cite web|url=https://www.cmcsa.com/static-files/975711e7-9dd8-45e8-b34e-7507dfd55594|title=2013 Annual Report}}</ref>
|64,657
|6,816
|158,813
|136,000
|-
|2014<ref>{{Cite web|url=https://www.cmcsa.com/static-files/fda80671-77bb-4dd6-bafa-f8d6a7e2d1f5|title=2014 Annual Report}}</ref>
|68,775
|8,380
|159,186
|139,000
|-
|2015<ref>{{Cite web|url=https://www.cmcsa.com/static-files/ae804401-b2c9-40d8-9353-efbfd70034b2|title=2015 Annual Report}}</ref>
|74,510
|8,163
|166,574
|153,000
|-
|2016<ref>{{Cite web|url=https://www.cmcsa.com/static-files/cd9c1f30-3ea9-4075-a79e-2be0bc7ea701|title=2016 Annual Report}}</ref>
|80,403
|8,695
|180,500
|159,000
|-
|2017<ref>{{Cite web|url=https://www.cmcsa.com/static-files/111ba611-eb85-4edc-9000-3907c84697d8|title=2017 Annual Report}}</ref>
|85,029
|22,714
|186,949
|164,000
|-
|2018<ref>{{Cite web|url=https://www.cmcsa.com/static-files/54b28afa-2286-46bc-bca0-e35c9a4be739|title=2018 Annual Report|access-date=February 16, 2019}}</ref>
|94,507
|11,731
|251,684
|184,000
|-
|2019<ref>{{Cite web |title=2019 Annual Report |url=https://www.cmcsa.com/static-files/d3de7993-a16b-42bf-bebd-a45b938dcbfc |access-date=February 26, 2020}}</ref>
|108,942
|13,057
|263,414
|190,000
|-
|2020<ref>{{Cite web |title=2020 Annual Report |url=https://www.cmcsa.com/static-files/0ff6a41f-c1ff-4c25-b07e-4ec8424907cf |access-date=May 26, 2022}}</ref>
|103,564
|10,534
|273,869 
|168,000
|-
|2021<ref name="auto">{{Cite web |title=2021 Annual Report |url=https://www.cmcsa.com/static-files/8887f574-dfa9-4480-8c8b-ed7771f7ce44 |access-date=May 26, 2022}}</ref>
|116,385
|14,159
|275,905
|189,000
|-
|2022<ref name="auto"/>
|121,400
|5,370
|275,300
|186,000
|}

===Lobbying and electoral fundraising===
With $18.8 million spent in 2013, Comcast has the seventh largest [[Lobbying in the United States|lobbying]] budget of any individual company or organization in the United States.<ref name=TopSpenders>{{cite web
 | url        = https://www.opensecrets.org/lobby/top.php?showYear=2013&indexType=s
 | title      = Lobbying: Top Spenders 2013
 | publisher  = [[OpenSecrets]]
 | access-date = February 21, 2014
 }}</ref> Comcast employs multiple former [[United States Congress|U.S. Congressmen]] as lobbyists.<ref name=Web>{{cite news
 | url        = https://www.nytimes.com/2014/02/21/business/media/comcasts-web-of-lobbying-and-philanthropy.html?rref=technology
 | title      = Comcast's Web of Lobbying and Philanthropy
 | website    = The New York Times
 | author     = Eric Lipton
 | date       = February 20, 2014
 | access-date = February 21, 2014
 }}</ref> The [[National Cable & Telecommunications Association]], which has multiple Comcast executives on its board, also represents Comcast and other cable companies as the fifth largest lobbying organization in the United States, spending $19.8 million in 2013.<ref name=TopSpenders/> Comcast was among the top backers of [[Barack Obama]]'s presidential runs, with Comcast vice president [[David L. Cohen|David Cohen]] raising over $2.2 million from 2007 to 2012.<ref>{{cite news
 | url        = https://www.nytimes.com/interactive/2012/09/13/us/politics/obamas-top-fund-raisers.html?_r=1&
 | title      = Obama's Top Fund-Raisers
 | website    = The New York Times
 | date       = September 13, 2012
 | access-date = March 7, 2014
 }}</ref><ref>{{cite news
 | url        = https://thehill.com/blogs/hillicon-valley/technology/198350-comcast-time-warner-execs-have-been-big-obama-supporters/
 | title      = Comcast, Time Warner execs have been big Obama supporters
 | newspaper  = The Hill
 | author     = Justin Sink
 | date       = February 13, 2014
 | access-date = May 7, 2014
 }}</ref> Cohen has been described by many sources as influential in the U.S. government,<ref>{{cite news
 | url        = https://www.washingtonpost.com/business/technology/david-cohen-chief-dealmaker-in-washington-is-comcasts-secret-weapon/2012/10/29/151e055e-080a-11e2-858a-5311df86ab04_story.html
 | title      = David Cohen may be Comcast's secret weapon, but in D.C. he's a wonk rock star
 | newspaper    = The Washington Post
 | author     = Cecilia Kang
 | date       = October 12, 2012
 | access-date = March 7, 2014
 }}</ref> though he is no longer a registered lobbyist, as the time he spends lobbying falls short of the 20% which [[Lobbying Disclosure Act of 1995|requires official registration]].<ref>{{cite web
 | url        = http://articles.philly.com/2014-03-04/news/47863612_1_cohen-comcast-nbc-universal-government-affairs
 | archive-url = https://web.archive.org/web/20140309235519/http://articles.philly.com/2014-03-04/news/47863612_1_cohen-comcast-nbc-universal-government-affairs
 | url-status = dead
 | archive-date = March 9, 2014
 | title      = David L. Cohen quite influential without being a "lobbyist"
 | website    = The Philadelphia Inquirer
 | author     = Jonathan Tamari
 | date       = March 4, 2014
 | access-date = March 7, 2014
 }}</ref> Comcast's [[Political action committee|PAC]], the Comcast Corporation and NBCUniversal Political Action Committee, is among the largest PACs in the U.S., raising about $3.7 million from 2011 to 2012 for the campaigns of various candidates for office in the [[United States Federal Government]].<ref>{{cite web
 |url         = http://www.fec.gov/press/summaries/2012/ElectionCycle/file/pac_financial_activity/PAC5a_2012_24m.pdf
 |title       = Top 50 Corporate PACs by Receipts January 1, 2011 – December 31, 2012
 |publisher   = Federal Election Commission
 |access-date  = March 9, 2014
 |url-status     = dead
 |archive-url  = https://web.archive.org/web/20140213133216/http://www.fec.gov/press/summaries/2012/ElectionCycle/file/pac_financial_activity/PAC5a_2012_24m.pdf
 |archive-date = February 13, 2014
 |df          = mdy-all
}}</ref> Comcast is also a major backer of the National Cable and Telecommunications Association Political Action Committee, which raised $2.6 million from 2011 to 2012.<ref>{{cite web
 |url         = http://www.fec.gov/press/summaries/2012/ElectionCycle/file/pac_financial_activity/PAC8a_2012_24m.pdf
 |title       = Top 50 Trade PACs by Receipts January 1, 2011 – December 31, 2012
 |publisher   = Federal Election Commission
 |access-date  = March 11, 2014
 |url-status     = dead
 |archive-url  = https://web.archive.org/web/20140213133240/http://www.fec.gov/press/summaries/2012/ElectionCycle/file/pac_financial_activity/PAC8a_2012_24m.pdf
 |archive-date = February 13, 2014
 |df          = mdy-all
}}</ref><ref>{{cite web
 | url        = https://www.opensecrets.org/pacs/lookup2.php?strID=C00010082&cycle=2012
 | title      = National Cable & Telecommunications Assn
 | publisher  = [[OpenSecrets]]
 | access-date = March 11, 2014
 }}</ref> Comcast spent the most money of any organization in support of the [[Stop Online Piracy]] and [[Protect IP|PROTECT IP]] bills, spending roughly $5 million to lobby for their passage.<ref>{{cite web
 | url        = https://money.cnn.com/2012/01/25/technology/sopa_pipa_lobby/index.htm
 | title      = SOPA and PIPA attract huge lobbying on both sides
 | website  = CNN Money
 | author     = David Goldman
 | date       = January 25, 2012
 | access-date = March 27, 2014
 }}</ref>

Comcast also backs lobbying and PACs on a regional level, backing organizations such as the Tennessee Cable Telecommunications Association<ref>{{cite news
 | url        = http://www.timesfreepress.com/news/2011/may/30/lobbyists-had-busy-year-nashville/
 | title      = Lobbyists had busy year in Nashville
 | newspaper  = Times Free Press
 | author     = Andy Sher
 | date       = May 30, 2011
 | access-date = March 15, 2014
 }}</ref> and the Broadband Communications Association of Washington PAC.<ref>{{cite news
 | url        = https://www.washingtonpost.com/blogs/the-switch/wp/2013/10/31/comcast-is-donating-heavily-to-defeat-the-mayor-who-is-bringing-gigabit-fiber-to-seattle/
 | title      = Comcast is donating heavily to defeat the mayor who is bringing gigabit fiber to Seattle
 | website    = The New York Times
 | author     = Andrea Peterson
 | date       = October 31, 2013
 | access-date = March 15, 2014
 }}</ref> Comcast and other cable companies have lobbied state governments to pass legislation restricting or banning individual cities from offering public broadband service.<ref>{{cite magazine
 | url        = http://www.theatlanticcities.com/technology/2011/11/telecom-lobby-killing-municipal-broadband/420/
 | title      = How the Telecom Lobby is Killing Municipal Broadband
 | magazine  = The Atlantic
 | author     = Emily Badger
 | date       = November 4, 2011
 | access-date = March 27, 2014
 }}</ref> [[Municipal broadband]] restrictions of varying scope have been passed in a total of 20 U.S. States.<ref>{{cite web
 | url        = https://arstechnica.com/tech-policy/2014/02/isp-lobby-has-already-won-limits-on-public-broadband-in-20-states/
 | title      = ISP lobby has already won limits on public broadband in 20 states
 | website  = Ars Technica
 | author     = Jon Brodkin
 | date       = February 12, 2014
 | access-date = March 27, 2014
 }}</ref>

According to [[Watchdog journalism|watchdog group]] Documented, in 2020 Comcast contributed $200,000 to the Rule of Law Defense Fund, a fund-raising arm of the [[Republican Attorneys General Association]] that was shown to have provided funding to the [[Save America March]] that devolved into an [[January 6 United States Capitol attack|attack on the U.S. Capitol on January 6, 2021]].<ref>{{cite web|url=https://documented.net/2021/01/republican-attorneys-general-dark-money-group-organized-protest-preceding-capitol-mob-attack/|title=Republican Attorneys General Dark Money Group Organized Protest Preceding Capitol Attack|date=January 7, 2021|access-date=January 11, 2021|publisher=Documented|first=Jamie|last=Corey}}</ref>

===Philanthropy===

Comcast offers low cost internet and cable service to schools, subsidized by general broadband consumers through the U.S. government's [[E-Rate]] program.<ref>{{cite news
 | url        = https://www.bloomberg.com/news/2013-12-06/at-t-to-comcast-gain-from-subsidy-paid-for-by-customers.html
 | title      = AT&T, Comcast Gain From Subsidy Paid for by Customers
 | publisher  = Bloomberg
 | author     = Todd Shields
 | date       = December 6, 2013
 | access-date = March 25, 2014
 }}</ref> Critics have noted that many of the strongest supporters of Comcast's business deals have received substantial funding from the Comcast Foundation.<ref name="Web"/><ref>{{cite web
 | url        = http://www.publicintegrity.org/2013/06/06/12769/civil-rights-groups-fcc-positions-reflect-industry-funding-critics-say
 | title      = Civil rights group's FCC positions reflect industry funding, critics say
 | publisher  = Center for Public Integrity
 | author     = Jason McLure
 | date       = June 6, 2013
 | access-date = February 9, 2015
 }}</ref> However, it is important to note that for years, Comcast has been relying on subsidiaries to finance philanthropic pursuits.

==History==
[[File:Ralph roberts brian roberts comcast.jpg|thumb|Ralph J. Roberts, founder of Comcast, with his son Brian L. Roberts, at their Philadelphia headquarters in 1999]]

===American Cable Systems===
In 1963, [[Ralph J. Roberts]] in conjunction with his two business partners, Daniel Aaron<ref>{{cite web
 | url        = https://www.nytimes.com/2003/02/24/business/daniel-aaron-77-a-founder-of-comcast-cable-television.html
 | title      = Daniel Aaron, 77, a Founder Of Comcast Cable Television
 | website    = The New York Times
 | author     = David D. Kirkpatrick
 | date       = February 24, 2003
 | access-date = August 27, 2014
 }}</ref> and [[Julian A. Brodsky]], purchased '''American Cable Systems'''<ref name=mcn>{{cite news
 | last1      = Farrell
 | first1     = Mike
 | title      = Comcastic: A Comcast Timeline
 | url        = https://www.nexttv.com/news/comcastic-comcast-time-line-141908
 | url-status = live
 | work       = Multichannel News
 | publisher  = NewBay Media
 | date       = June 19, 2015
 | archive-url = https://web.archive.org/web/20220523125124/https://www.nexttv.com/news/comcastic-comcast-time-line-141908
 | archive-date = May 23, 2022
 | access-date = June 19, 2015
 }}</ref> as a [[corporate spin-off]] from its parent, [[Jerrold Electronics]], for U.S. $500,000. At the time, American Cable was a small cable operator in [[Tupelo, Mississippi]], with five channels and 12,000 customers.<ref>{{cite news
 | url        = https://www.seattletimes.com/business/a-look-at-comcasts-changes-over-the-decades/
 | title      = A look at Comcast's changes over the decades
 | newspaper  = Seattle Times
 | agency     = Associated Press
 | date       = January 18, 2011
 | access-date = February 14, 2014
 }}</ref> In 1965, American Cable Systems purchased Storecast Corporation of America, a product placement supermarket specialist marketing firm.<ref>{{Cite news|url=https://www.wsj.com/articles/standing-between-comcast-and-fox-media-titans-rocky-relationship-1529617091|title=Two Titans' Rocky Relationship Stands Between Comcast and Fox|last1=Ramachandran|first1=Shalini|date=2018-06-21|work=The Wall Street Journal|access-date=2018-10-23|last2=Hagey|first2=Keach|language=en-US|issn=0099-9660}}</ref> In 1968, American Cable Systems purchased its first franchise of [[Muzak]], a brand of background music played in retail stores. Storecast was a client of Muzak.<ref name=":0">{{Cite news |last=James |first=Meg |date=June 28, 2014 |title=Comcast timeline: Rise of a giant |url=https://www.latimes.com/business/la-et-ct-comcast-milestones-20140629-story.html |website=Los Angeles Times |access-date=2018-10-23}}</ref>

===Comcast===
[[File:Comcast logo 1963.svg|thumb|Comcast logo from 1969 to 2000]]
The company was re-incorporated in Pennsylvania on March 5, 1969, under the new name '''Comcast Corporation'''.<ref name=mcn/> Comcast's [[initial public offering]] occurred on June 29, 1972, with a [[market capitalization]] of U.S. $3,010,000.<ref name=mcn/><ref>{{Cite news|url=https://variety.com/2015/tv/news/comcast-founder-ralph-roberts-dead-95-1201523791/|title=Ralph Roberts, Comcast Founder and Cable Pioneer, Dies at 95|last=Littleton|first=Cynthia|date=2015-06-19|work=Variety|access-date=2018-10-23|language=en-US}}</ref> In 1977, [[HBO]] was first launched on a Comcast system with 20,000 customers in western Pennsylvania with a five-night free preview getting a 15% sign up rate.<ref name=mcn/><ref>{{Cite book|url=https://books.google.com/books?id=SQxjDwAAQBAJ&q=HBO+first+launched+on+comcast+1977&pg=PT27|title=Strategic Marketing: Concepts and Cases|last1=Abratt|first1=Russell|last2=Bendixen|first2=Michael|date=2018-07-04|publisher=Routledge|isbn=9780429951558|language=en}}</ref> In 1986, Comcast bought 26% of [[Group W Cable]], a broadcast company, doubling its number of subscribers to 1 million.<ref name="Comcast-Feb-2004-425">{{cite web|url=http://edgar.secdatabase.com/2755/95010304000202/filing-main.htm|title=Comcast, Form 425, Filing Date Feb 11, 2004|publisher=Securities and Exchange Commission|access-date=March 27, 2013}}</ref><ref>{{Cite news|url=https://www.nytimes.com/1985/12/25/business/group-w-cable-sold-to-5-buyers.html|title=GROUP W CABLE SOLD TO 5 BUYERS|last=Fabrikant|first=Geraldine|work=The New York Times |date=December 25, 1985 |access-date=2018-10-23|language=en}}</ref> Also that year, Comcast made a founding investment of $380 million in [[QVC]].<ref name="mcn"/> In 1988, Comcast was able to buy a 50% share of SCI Holdings in a joint deal with [[Tele-Communications Inc.]]<ref>{{cite news
 | url        = https://www.nytimes.com/1988/04/25/business/2-cable-tv-companies-to-buy-sci.html
 | title      = 2 Cable TV Companies To Buy SCI
 | website    = The New York Times
 | author     = GERALDINE FABRIKANT
 | date       = April 25, 1988
 | access-date = February 15, 2014
 }}</ref> Comcast also acquired American Cellular Network Corporation in 1988 for $230 million, marking the first time it became a [[mobile phone operator]].<ref>{{cite news|url=https://www.nytimes.com/1988/02/11/business/company-news-american-cellular-deal.html|title=COMPANY NEWS; American Cellular Deal|agency=Reuters|date=February 11, 1988|access-date=February 15, 2014|website=The New York Times}}</ref>

===Increasing market share (1990–2001)===
In February 1990, Ralph Roberts' son, Brian L. Roberts, succeeded his father as president of Comcast.<ref>{{cite news
 | url        = https://www.nytimes.com/1990/02/08/business/business-people-son-succeeds-father-as-comcast-president.html
 | title      = Business People; Son Succeeds Father As Comcast President
 | work       = The New York Times
 | author     = Geraldine Fabrikant
 | date       = February 8, 1990
 | access-date = February 14, 2014
 }}</ref> Two years later, the company's mobile division, Comcast Cellular, purchased a controlling interest in [[Metromedia]]'s Philadelphia-area cellular telephone interests, Metrophone.<ref name=mcn/><ref>{{Cite news|url=https://www.nytimes.com/1992/03/06/business/the-media-business-cellular-deal-for-comcast.html|title=THE MEDIA BUSINESS; Cellular Deal For Comcast |url-access=subscription |work=The New York Times |date=March 6, 1992 |access-date=2018-10-23|language=en}}</ref> By 1994, Comcast owned 50% stock in the cable communications company [[Garden State Cable]], who by that year were serving approximately 195,000 subscribers.<ref>{{Cite report|url=http://getfilings.com/o0000950159-95-000013.html|title=Comcast Corporation 1994 10-K Form|date=28 February 1995|access-date=9 April 2020}}</ref> That same year, Comcast became the third-largest cable operator in the United States, with around 3.5 million subscribers following its purchase of [[Maclean-Hunter]]'s American division for $1.27 billion.<ref name="Comcast-Feb-2004-425"/><ref>{{cite news
 | url        = https://www.latimes.com/archives/la-xpm-1994-06-20-fi-6190-story.html
 | title      = Comcast to Buy Maclean's Cable: Television: The $1.27-billion cash deal would make the Philadelphia-based company the industry's third-largest cable operator
 | work       = Los Angeles Times
 | date       = June 20, 1994
 | access-date = February 16, 2014
 }}</ref> Comcast grew to 4.3 million subscribers the following year with the purchase of the cable operation of [[E. W. Scripps Company]] for $1.575 billion in stock.<ref>{{cite news
 | url        = https://www.nytimes.com/1995/10/30/business/comcast-to-buy-cable-division-from-scripps.html
 | title      = Comcast to Buy Cable Division From Scripps
 | work       = The New York Times
 | author     = Geraldine Fabrikant
 | date       = October 30, 1995
 | access-date = April 22, 2014
 }}</ref>

Comcast offered internet connection for the first time in 1996, with its part in the launch of the [[@Home Network]].<ref name="@Home">{{cite web
 |url          = https://www.baltimoresun.com/2000/03/30/comcast-cox-extend-excitehome-deal-cable-companies-follow-at-add-access-year/
 |title        = Comcast, Cox extend Excite@Home deal
 |website      = The Baltimore Sun
 |agency       = Bloomberg News
 |date         = March 30, 2000
 |access-date  = February 19, 2014
 |archive-date = November 1, 2014
 |archive-url  = https://web.archive.org/web/20141101034842/http://articles.baltimoresun.com/2000-03-30/business/0003310295_1_cox-and-comcast-cable-partners-access
 |url-status   = live
}}</ref> Also in 1996, Comcast formed [[Comcast Spectacor]], which became owner of the Philadelphia Flyers.<ref>{{Cite web|url=https://www.latimes.com/business/la-et-ct-comcast-milestones-20140629-story.html|title=Comcast timeline: Rise of a giant|last=James|first=Meg James, By Meg|website=[[Los Angeles Times]]|date=June 28, 2014 |access-date=2018-11-20}}</ref> In 1997, [[Microsoft]] invested $1 billion in Comcast, and the company launched its digital TV service.<ref name=":0"/> That same year, in partnership with [[The Walt Disney Company]], Comcast got a 50.1% controlling interest in E! Entertainment.<ref name="mcn"/> By December 31, 1997, it was available in the Philadelphia, Detroit, [[Baltimore]], [[Orange County, California]], [[Sarasota, Florida|Sarasota]] and [[Union Township, Union County, New Jersey|Union, New Jersey]] areas. {{Citation needed|date=November 2018}}

Comcast's cable acquisitions in 1997 were [[Jones Intercable|Jones Intercable, Inc.]] with 1 million customers, and a stake in Prime Communications with 430,000 subscribers.<ref name="mcn"/> In February 1998, Comcast sold its U.K. division to [[NTL Incorporated|NTL]] for US$600 million, along with the division's $397 million in debt.<ref>{{cite news|url=https://www.nytimes.com/1998/02/06/business/company-news-ntl-agrees-to-buy-comcast-uk-for-600-million.html|title=Company News; NTL Agrees to Buy Comcast U.K. for $600 Million|date=February 6, 1998|work=The New York Times|access-date=February 14, 2014}}</ref> In 1999, Comcast sold Comcast Cellular to [[SBC Communications]] for $400 million, releasing them from $1.27 billion in debt.<ref>{{cite news
 | url        = https://www.nytimes.com/1999/01/21/business/the-media-business-sbc-communications-to-buy-comcast-cellular-operations.html
 | title      = The Media Business; SBC Communications to Buy Comcast Cellular Operations
 | work       = The New York Times
 | author     = Geraldine Fabrikant
 | date       = January 21, 1999
 | access-date = February 15, 2014
 }}</ref> Also in 1999, Comcast acquired Greater Philadelphia Cablevision,<ref>{{Cite news|url=https://www.nytimes.com/1999/02/19/business/company-news-comcast-to-pick-up-greater-philadelphia-cablevision.html|title=COMPANY NEWS; COMCAST TO PICK UP GREATER PHILADELPHIA CABLEVISION|last=Jones|first=Dow|work=The New York Times |date=February 19, 1999 |access-date=2018-11-20|language=en}}</ref> and launched Comcast University as well as Comcast Interactive Capital Group.<ref name="mcn"/>

In November 1999, Comcast purchased Lenfest Communications, who were the ninth largest cable television operator at the time and were the largest operator in the Philadelphia area.<ref>{{Cite web|url=https://money.cnn.com/1999/11/16/deals/comcast/|title=Comcast buys Lenfest - Nov. 16, 1999|website=money.cnn.com|access-date=2018-11-20}}</ref><ref name=":1">{{Cite web|url=https://corporate.comcast.com/news-information/news-feed/comcast-to-acquire-lenfest|title=Comcast to Acquire Lenfest|date=1999-11-16|website=corporate.comcast.com|access-date=2020-04-10}}</ref> This consolidated Comcast's control over all of the Philadelphia region, and earned them approximately 1.3 million additional cable subscribers.<ref name=":1"/> The purchase of Lenfest also bought Comcast the remaining 50% stock of the cable operator Garden State Communications — a company whom Comcast had already owned half of in partnership with Lenfest for years.<ref>{{Cite report|url=http://getfilings.com/o0000950159-01-000150.html|title=Comcast Corporation 2000 10-K Form|date=2 March 2001|access-date=9 April 2020}}</ref> Comcast quickly replaced the ten-year general manager at Garden State with their own executive, and eventually Garden State ceased operating under its own name and was fully merged to become a part of the Comcast Corporation.<ref>{{Cite news|last=Hill|first=Cherry|url=https://www.newspapers.com/image/183695824/|title=Comcast replaces general manager at Garden State Cable|date=29 January 2000|work=Courier-Post|access-date=9 April 2020}}</ref>

===Largest U.S. cable provider (2001–present)===
[[File:AT&T Comcast logo.svg|thumb|right|Proposed merger name logo, 2001]]
[[File:Comcast logo 2000.svg|thumb|right|Comcast logo introduced on December 12, 1999; used from 2000 until 2007.]]
[[File:Comcast logo 2006.svg|thumb|right|Comcast's second logo from 2007 until 2013.]]

In 2001, Comcast announced it would acquire the assets of the largest cable television operator at the time, [[AT&T Broadband]], for $44.5 billion.<ref name="AT&T-Dec-2001-8-K">{{cite web
 | url        = http://edgar.secdatabase.com/86/89882201501011/filing-main.htm
 | title      = AT&T, Form 8-K, Current Report, Filing Date Dec 21, 2001
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref> The proposed name for the merged company was "AT&T Comcast", but the companies ultimately decided to keep only the Comcast name, with the company and new assets reincorporated in Pennsylvania on December 7, 2001. On November 18, 2002, Comcast officially acquired all assets of AT&T Broadband, thus making Comcast the largest cable television company in the United States with over 22 million subscribers.<ref name="AT&T-Dec-2001-8-K"/><ref name="AT&T-Nov-2002-8-K">{{cite web
 | url        = http://edgar.secdatabase.com/2646/89882202001405/filing-main.htm
 | title      = AT&T, Form 8-K, Current Report, Filing Date Nov 19, 2002
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref> This spurred the start of Comcast Advertising Sales (using AT&T's groundwork) which would later be renamed [[Comcast Spotlight]] and now effectv, A Comcast Company. As part of this acquisition, Comcast also acquired the National Digital Television Center in Centennial, [[Colorado]] as a wholly owned subsidiary, now known as the ''Comcast Media Center''. In 2003, Comcast became one of the original investors in [[Golf Channel|The Golf Channel]].<ref>{{Cite news|url=https://www.nytimes.com/2003/12/12/business/company-news-comcast-buys-tribune-s-stake-in-golf-channel.html|title=Company News; Comcast Buys Tribune's Stake in Golf Channel|work=The New York Times|date=December 12, 2003 |agency=Bloomberg News|access-date=2018-10-23|language=en |url-access=subscription }}</ref> After Excite@Home went bankrupt in October 2001, Comcast took over providing internet directly to consumers in January 2002.<ref name="@HomeMerge">{{cite news|url=https://www.nytimes.com/2002/01/04/business/technology-comcast-copes-with-internet-problems.html|title=Technology; Comcast Copes With Internet Problems|author=Matt Richtel|date=January 4, 2002|work=The New York Times|access-date=February 19, 2014}}</ref>

On February 11, 2004, Comcast announced a $54&nbsp;billion bid for Disney, including taking on $12&nbsp;billion of Disney's debt.<ref>{{Cite web|url=https://money.cnn.com/2004/02/11/news/companies/comcast_disney/|title=Comcast makes $54B bid for Disney - Feb. 18, 2004|website=money.cnn.com|access-date=2019-01-10}}</ref> The deal would have made Comcast the largest [[media conglomerate]] in the world.<ref name="Comcast-Corp-Feb-2004-8-K">{{cite web
 | url        = http://edgar.secdatabase.com/2758/95010304000205/filing-main.htm
 | title      = Comcast Corp, Form 8-K, Current Report, Filing Date Feb 11, 2004
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref><ref>{{cite news
 | last       = La
 | first      = Paul R.
 | url        = https://money.cnn.com/2004/02/11/news/companies/comcast_disney/
 | title      = Comcast makes $54B bid for Disney – Feb. 18, 2004
 | publisher  = CNN
 | date       = February 18, 2004
 | access-date = February 25, 2010
 }}</ref> However, after rejection by Disney and uncertain response from investors, the bid was abandoned in April.<ref name="Comcast-Corp-Apr-2004-8-K">{{cite web
 | url        = http://edgar.secdatabase.com/138/95010304000584/filing-main.htm
 | title      = Comcast Corp, Form 8-K, Current Report, Filing Date Apr 28, 2004
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref> In 2004, Comcast sold its QVC shares to [[Liberty Media]] for $7.9 billion.<ref>{{cite web|url=http://www.internetnews.com/bus-news/article.php/2231481/Comcast+Selling+QVC+for+79B.htm|title=Comcast Selling QVC for $7.9B|author=Michael Singer|date=July 3, 2003|publisher=Internet News|access-date=February 16, 2014}}</ref>

On April 8, 2005, a partnership led by Comcast and [[Sony Pictures Entertainment]] finalized a deal to acquire [[Metro-Goldwyn-Mayer|MGM]] and its affiliate studio, [[United Artists]], and created an additional outlet to carry MGM/UA's material for cable and Internet distribution.<ref name="Sony-Sep-2004-6-K">{{cite web
 | url        = http://edgar.secdatabase.com/496/119163804001658/filing-main.htm
 | title      = Sony, Form 6-K, Filing Date Sep 27, 2004
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref><ref name="Sony-Apr-2005-6-K">{{cite web
 | url        = http://edgar.secdatabase.com/785/119163805000614/filing-main.htm
 | title      = Sony, Form 6-K, Filing Date Apr 11, 2005
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref> On October 31, 2005, Comcast officially announced that it had acquired [[Susquehanna Communications]], a [[South Central Pennsylvania]]-based cable television and broadband services provider and unit of the former [[Susquehanna Pfaltzgraff]] company, for $775 million cash.<ref name="Susquehanna-Media-Nov-2005-8-K">{{cite web
 | url        = http://pdf.secdatabase.com/972/0000950144-05-010959.pdf
 | title      = Susquehanna Media, Form 8-K, Current Report, Filing Date Nov 1, 2005
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref><ref name="Comcast-Feb-2006-10-K">{{cite web
 | url        = http://pdf.secdatabase.com/409/0001193125-06-036698.pdf
 | title      = Comcast, Form 10-K, Annual Report, Filing Date Feb 22, 2006
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref> Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, [[Gerry Lenfest|Lenfest]].<ref name="Susquehanna-Media-Nov-2005-8-K"/> In December 2005, Comcast announced the creation of [[Comcast Interactive Media]], a new division focused on online media.

In July 2006, Comcast purchased the Seattle-based software company thePlatform.<ref>{{Cite web|url=https://www.seattlepi.com/business/article/Comcast-buys-Seattle-s-thePlatform-1207391.php|title=Comcast buys Seattle's thePlatform|last1=Cook|first1=John|last2=Reporter|first2=P.-I.|date=2006-06-28|website=[[Seattle Post-Intelligencer]]|access-date=2019-01-10}}</ref> This represented an entry into a new line of business—selling software to allow companies to manage their Internet (and IP-based) media publishing efforts.

On April 3, 2007, Comcast announced it would acquire the cable systems owned and operated by Patriot Media, a privately held company owned by cable veteran Steven J. Simmons, Spectrum Equity Investors and Spire Capital, that served approximately 81,000 video subscribers for $483&nbsp;million.<ref>{{Cite web|url=https://www.wsj.com/articles/SB117560473854158193|title=Comcast Agrees to Acquire Patriot Media for $482 Million|last=Cheng|first=Roger|date=3 April 2007|website=Wall Street Journal}}</ref>

Comcast announced in May 2007<ref name="Martens">{{cite news|url=http://www.pcworld.com/article/131598/zimbra_helps_comcast_with_smartzone.html|title=Zimbra Helps Comcast with SmartZone|author=Martens, China|date=May 7, 2007|work=PC World|access-date=September 10, 2008|publisher=[[International Data Group|IDG News Service]]|archive-date=May 31, 2012|archive-url=https://web.archive.org/web/20120531175954/http://www.pcworld.com/article/131598/zimbra_helps_comcast_with_smartzone.html|url-status=dead}}</ref> and launched in September 2008 a dashboard called SmartZone that allowed users to perform mobile functions online.<ref name="Kukec">{{cite news|url=http://www.beepcentral.com/story.aspx?story=25592|title=Comcast readies its SmartZone service|author=Kukec, Anna Marie|work=Daily Herald via Beep|access-date=September 11, 2008|publisher=Paddock Publications([[Daily Herald (Arlington Heights)|Daily Herald]])}}</ref> There was also Cloudmark [[email spam|spam]] and [[phishing]] protection and [[Trend Micro]] [[antivirus software|antivirus]].<ref name=Martens/> The address book is Comcast [[Plaxo]] software.<ref name=Martens/>

In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million.<ref>{{cite web
 | last       = Farber
 | first      = Dan
 | url        = http://www.cnet.com/culture/comcast-goes-social-with-plaxo-acquisition/
 | title      = Comcast goes social with Plaxo acquisition &#124; Outside the Lines – CNET News
 | publisher  = [[CNET]]
 | date       = May 14, 2008
 | access-date = February 25, 2010
 }}</ref>

Comcast won the ''Consumerist'' Worst Company In America ("Golden Poo") award in 2010.<ref>{{cite web
 | url        = http://consumerist.com/2010/04/congratulations-comcast-youre-the-worst-company-in-america.html
 | title      = Comcast: We Don't Want To Be Worst Company In America Again
 | date = April 26, 2010
 | publisher  = The Consumerist
 | access-date = August 28, 2011
 }}</ref> A gold trophy in the shape of a pile of [[human feces]] was delivered to Comcast Corporate Headquarters to commemorate the unmatched level of enmity flowing from their customer base to their business. Comcast responded immediately by publicly acknowledging the dubious award and citing ongoing efforts to improve its customer service.<ref>{{cite web
 | url        = http://consumerist.com/2010/04/comcast-we-dont-want-to-be-worst-company-in-america-again.html
 | title      = Congratulations Comcast; You're The Worst Company In America!
 | date = April 27, 2010
 | publisher  = The Consumerist
 | access-date = August 28, 2011
 }}</ref> One effort to change this is a new app called Tech ETA that allows customers to see exactly when a technician is coming.<ref>{{Cite news|url=http://www.phillymag.com/business/2017/02/23/comcast-technician-tracker/|title=Comcast Launches App-Based Technician Tracker|date=2017-02-23|newspaper=Philadelphia Magazine|access-date=2017-02-23|language=en-US}}</ref>

On 21 May 2024, Comcast announced Xfinity StreamSaver™, a streaming bundle combining Peacock, Netflix, and Apple TV+ for Xfinity Internet and TV customers. This bundle offered a subscription to Netflix Standard with ads, Peacock Premium, and Apple TV+, promised over 30% savings or nearly $100 annually.<ref>{{cite news|title=Comcast Introduces Peacock, Netflix and Apple TV+ Streaming Bundle |date=21 May 2024 |url=https://corporate.comcast.com/press/releases/comcast-introduces-peacock-netflix-and-apple-tv-streaming-bundle |archive-url=https://web.archive.org/web/20240521235154/https://corporate.comcast.com/press/releases/comcast-introduces-peacock-netflix-and-apple-tv-streaming-bundle |archive-date=21 May 2024 |access-date=22 May 2024}}</ref>

====Adelphia purchase====
In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted [[Adelphia Communications Corporation|Adelphia Cable]].<ref name=Adelphia>{{cite web
 | url        = http://www.internetnews.com/xSP/article.php/3499451/Comcast+Time+Warner+to+Carve+Up+Adelphia.htm
 | title      = Comcast, Time Warner to Carve Up Adelphia
 | publisher  = InternetNews.com
 | author     = Colin C. Haley
 | date       = April 21, 2005
 | access-date = February 14, 2014
 }}</ref> The two companies paid a total of $17.6&nbsp;billion in the deal that was finalized in the second quarter of 2006—after the U.S. [[Federal Communications Commission]] (FCC) completed a seven-month investigation without raising an objection.<ref name="Comcast-Apr-2005-8-K">{{cite web
 | url        = http://pdf.secdatabase.com/2179/0000950103-05-001292.pdf
 | title      = Comcast, Form 8-K, Current Report, Filing Date Apr 26, 2005
 | publisher  = secdatabase.com
 | access-date = March 28, 2013
 }}</ref> [[Time Warner Cable]] became the second-largest cable provider in the U.S., ranking behind Comcast. As part of the deal, Time Warner Cable and Comcast traded existing subscribers in order to consolidate them into larger geographic clusters.<ref>{{cite web
 | url        = https://money.cnn.com/2005/04/21/technology/adelphia/index.htm
 | title      = Adelphia deal to shuffle cable: One in 10 subscribers to get new operator as a result of $17.6B purchase by Comcast, Time Warner
 | website  = CNN Money
 | author     = Chris Isidore
 | date       = April 21, 2005
 | access-date = February 25, 2014
 }}</ref><ref>{{cite news
 | url   = http://www.bizjournals.com/philadelphia/stories/2005/12/12/daily37.html
 | first = Peter
 | last  = Key
 | title = Comcast adjusts to accommodate Adelphia deal
 | date  = December 15, 2005
 }}</ref>

In August 2006, Comcast and Time Warner Cable dissolved a 50/50 partnership that controlled the systems in the [[Houston]], Southwest Texas, [[San Antonio]], and [[Kansas City Metropolitan Area|Kansas City]] markets under the Time Warner Cable brand. After the dissolution, Comcast obtained the Houston system, and Time Warner retained the others.<ref>[https://web.archive.org/web/20070926235353/http://www.timewarnercable.com/InvestorRelations/PressReleases/TWCPressReleaseDivDetail.ashx?PRID=1223&MarketID=19 Time Warner Cable, ''Time Warner Cable/Comcast Official Statement'']. Web.archive.org (September 26, 2007). Retrieved on July 8, 2011.</ref> On January 1, 2007, Comcast officially took control of the Houston system but continued to operate under the Time Warner Cable brand until June 19, 2007.

====NBCUniversal====
{{Further|Acquisition of NBC Universal by Comcast}}
[[Image:NBCUniversal Logo.svg|thumb|NBCUniversal logo from 2011 to present]]

Media outlets began reporting on October 1, 2009 that Comcast was in talks to buy [[NBC Universal]]. Comcast denied the rumors at first, while NBC would not comment on them.<ref>[http://www.ajc.com/business/media-reports-comcast-in-151625.html Comcast in Talks to Buy NBC Universal], ''AJC.com'', October 1, 2009</ref> However, CNBC itself reported on October 1 that [[General Electric]] was considering spinning NBC Universal off into a separate company that would merge the NBC television network and its cable properties such as USA Network, Syfy and MSNBC, as well as [[Universal Pictures]], with Comcast's content assets. GE would maintain 49% control of the new company, while Comcast owned 51%.<ref>[https://www.cnbc.com/id/33123120 GE is in Talks to Spin Off NBC, Give Comcast 51% of New Unit], ''CNBC.com'', October 1, 2009</ref><ref>[http://mediadecoder.blogs.nytimes.com/2009/10/01/ge-and-comcast-exploring-a-spin-off-of-nbc-universal GE and Comcast Exploring a Spin-Off of NBC Universal], ''The New York Times'', October 1, 2009</ref> [[Vivendi]], which owns 20%, would have to sell its stake to GE. It was reported that under the current deal with GE that it would happen in November or December.<ref>[https://www.reuters.com/article/americasDealsNews/idUSTRE5906P120091001 GE Investors Breathe Sigh of Relief on Comcast Talks], ''Reuters.com'', October 1, 2009</ref><ref>[http://www.philly.com/philly/business/homepage/20091003_Questions_continue_to_swirl_around_Comcast_venture.html Questions Continue to Swirl Around Comcast Venture], ''The Philadelphia Inquirer'', October 3, 2009 {{webarchive |url=https://web.archive.org/web/20091005040258/http://www.philly.com/philly/business/homepage/20091003_Questions_continue_to_swirl_around_Comcast_venture.html |date=October 5, 2009 }}</ref> It was also reported that [[Time Warner]] would be interested in placing a bid, until CEO [[Jeffrey L. Bewkes]] directly denied interest,<ref>[https://www.thestar.com/business/article/704476--time-warner-won-t-bid-for-nbc-universal Time Warner won't bid for NBC Universal], ''[[Toronto Star]]'', October 2, 2009</ref> leaving Comcast the sole bidder. On November 1, 2009, ''[[The New York Times]]'' reported Comcast had moved closer to a deal to purchase NBC Universal and that a formal announcement could be made sometime the following week.<ref>[https://www.nytimes.com/2009/11/02/business/media/02nbc.html Comcast Said to Be Close to Gaining NBC Universal], ''The New York Times'', November 1, 2009</ref>

[[Image:Comcast (2013-2024) logo.svg|thumb|Logo used from January 28, 2013 to January 10, 2024]]
Following a tentative agreement on December 1,<ref>{{Cite news
 | last        = Faber
 | first       = David
 | title       = GE, Comcast Complete Deal Over NBC Universal: Source
 | work        = [[CNBC]]
 | date        = December 1, 2009
 | url         = https://www.cnbc.com/id/34225581
 | access-date  = December 1, 2009
 | url-status     = dead
 | archive-url  = https://web.archive.org/web/20150906111757/https://www.cnbc.com/id/34225581
 | archive-date = September 6, 2015
 }}</ref> the parties announced that Comcast would buy a controlling 51% stake in NBC Universal, including [[Universal Pictures]], for $6.5&nbsp;billion in cash and $7.3&nbsp;billion in programming on December 3.<ref name="Comcast-Dec-2009-8-K">{{cite web
 | url        = http://pdf.secdatabase.com/377/0000950103-09-003155.pdf
 | title      = Comcast, Form 8-K, Current Report, Filing Date Dec 4, 2009 | publisher  = secdatabase.com
 }}</ref><ref name="comcastnbc">{{Cite news | last1       = Wilkerson | first1      = David B. | last2      = Goldstein | first2     = Steven | title      = Comcast scores controlling stake in NBC Universal | work= [[MarketWatch]] | publisher  = The Wall Street Journal Digital Network | date       = December 3, 2009 | url        = https://www.marketwatch.com/story/comcast-to-buy-nbc-stake-as-venture-formed-2009-12-03 }}</ref><ref>{{cite news | url        =https://money.cnn.com/2009/12/03/news/companies/comcast_nbc/index.htm | title      = GE, Comcast announce joint NBC deal | last       = Goldman | first      = David | date       = December 3, 2009 | work  = [[CNN]]
 }}</ref> GE would take over the remaining 49% stake in NBC Universal, using $5.8&nbsp;billion to buy out Vivendi's 20% minority stake in NBC Universal.<ref name="comcastnbc"/> On January 18, 2011, the FCC approved the deal by a vote of 4 to 1.<ref>[http://mediadecoder.blogs.nytimes.com/2011/01/18/f-c-c-approves-comcast-nbc-deal Government Approves Comcast-NBC Deal], ''The New York Times'', January 18, 2011</ref><ref>{{cite news
 | url        = https://www.bloomberg.com/news/2011-01-18/comcast-nbc-universal-deal-said-to-be-near-u-s-fcc-approval.html
 | title      = Comcast Wins U.S. Approval to Buy NBC Universal From GE for $13.8 Billion
 | publisher  = Bloomberg
 | author1    = Todd Shields
 | author2    = Jeff Bliss
 | date       = January 18, 2011
 | access-date = March 15, 2014
 }}</ref> The transaction was completed on January 28, 2011.<ref>{{Cite web |last=Littleton |first=Cynthia |date=2011-01-29 |title=Comcast, NBC U merger a done deal |url=https://variety.com/2011/tv/news/comcast-nbc-u-merger-a-done-deal-1118031139/ |access-date=2022-10-04 |website=Variety |language=en-US}}</ref><ref>[https://abcnews.go.com/Entertainment/wireStory?id=12792681 Comcast Takes Over NBC Universal After Long Review], ''ABC News'', January 29, 2011</ref> In December 2012, Comcast adopted a new corporate logo, which incorporates [[NBC logo|NBC's peacock logo]] to signify its ownership of the broadcaster.<ref>{{Cite news |last=Ramachandran |first=John Jannarone And Shalini |date=2012-12-10 |title=NBC Peacock Spreads Wings Over Comcast |language=en-US |work=[[The Wall Street Journal]] |url=http://online.wsj.com/article/SB10001424127887324478304578171611450891682.html |access-date=2022-10-04 |issn=0099-9660}}</ref><ref>{{cite news
 | last       = Szalai
 | first      = Georg
 | title      = Comcast Adds NBC Peacock to Corporate Logo
 | url        = http://www.hollywoodreporter.com/news/comcast-adds-nbc-peacock-corporate-400477
 | access-date = February 3, 2013
 | newspaper  = The Hollywood Reporter
 | date       = December 11, 2012
 }}</ref> On February 12, 2013, Comcast announced that it would acquire the remaining 49% of General Electric's interest in NBCUniversal, in a deal valued at approximately $16.7 billion.<ref>Meg James "Los Angeles Times" February 12, 2013 [https://www.latimes.com/entertainment/envelope/cotown/la-et-ct-comcast-acquires-all-of-nbcuniversal-20130212,0,1768522.story Comcast to buy out GE's interest in NBCUniversal] latimes.com, Retrieved on February 13, 2013</ref><ref>{{Cite web |last=Lieberman |first=David |date=2013-02-12 |title=Comcast To Pay $16.7B For General Electric's 49% Of NBCUniversal |url=https://deadline.com/2013/02/comcast-to-pay-16-7b-for-general-electrics-49-of-nbc-universl-428826/ |access-date=2022-10-04 |website=Deadline |language=en-US}}</ref> The acquisition was completed on March 19, 2013.<ref>{{Cite web |last=Stelter |first=Amy Chozick and Brian |date=2013-02-12 |title=Comcast Buys Rest of NBC in Early Sale |url=https://archive.nytimes.com/mediadecoder.blogs.nytimes.com/2013/02/12/comcast-buying-g-e-s-stake-in-nbcuniversal-for-16-7-billion/ |access-date=2022-10-04 |website=Media Decoder Blog |language=en}}</ref><ref name="CMCSA-GE Final">{{Cite web |last=Lieberman |first=David |date=2013-03-19 |title=Comcast Completes Acquisition Of GE's 49% Stake In NBCUniversal |url=https://deadline.com/2013/03/comcast-completes-acquisition-nbcuniversal-457181/ |access-date=2022-10-04 |website=Deadline |language=en-US}}</ref>

Comcast reported that third-quarter net profits in 2020 fell 37 percent to $2.02 billion from $3.22 billion the previous year, in part due to the limited capacity measures for the [[COVID-19 pandemic]] at theme parks like [[Universal Destinations & Experiences|Universal Studios]] and movie theaters, with revenues falling 4.8 percent. With their theme park in [[Universal Studios Hollywood|California]] being closed since March 2020 and limited capacity at locations in [[Universal Studios Florida|Florida]] and [[Universal Studios Japan|Japan]], the company was prompted to lay off a number of their employees; revenue for their theme park locations fell 81 percent to $311 million from $1.63 billion in 2019.<ref>{{Cite news|last=Rizzo|first=Lillian|date=2020-10-29|title=Comcast Burdened by Covid-19 Impact on Theme Parks, Movie Studio|language=en-US|work=[[The Wall Street Journal]]|url=https://www.wsj.com/articles/comcast-burdened-by-covid-19-impact-on-theme-parks-movie-studio-11603969303|access-date=2020-10-30|issn=0099-9660}}</ref> In 2024, Comcast signed a deal with [[Starlink]] to provide satellite-based connectivity to business customers in regions with limited network access.<ref>{{cite web |title=Comcast, Starlink sign deal to provide satellite-based connectivity to businesses |url=https://www.reuters.com/technology/comcast-starlink-sign-deal-provide-satellite-based-connectivity-businesses-2024-06-21/ |website=Reuters |access-date=24 June 2024}}</ref>  

====Failed purchase of Time Warner Cable====
{{main|Attempted purchase of Time Warner Cable by Comcast}}
On February 12, 2014, the ''[[Los Angeles Times]]'' reported that Comcast sought to acquire Time Warner Cable in a deal valued at $45.2 billion.<ref>{{cite news
 | title     = Comcast strikes deal to buy Time Warner Cable for $45 billion
 | url       = http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-comcast-strikes-deal-to-buy-time-warner-cable-20140212,0,3700600.story#axzz2tJmR6Qzd
 | newspaper = Los Angeles Times
 | date      = February 12, 2014
 | first1    = Meg
 | last1     = James
 | first2    = Joe
 | last2     = Flint
 }}</ref> On February 13, it was reported that Time Warner Cable agreed to the acquisition.<ref>{{cite news
 | url       = https://www.bloomberg.com/news/2014-02-12/comcast-said-to-agree-to-pay-159-a-share-for-time-warner-cable.html
 | title     = Comcast Agrees to Buy Time Warner Cable for $45.2 Billion
 | newspaper = Bloomberg
 | date      = February 13, 2014
 | author1   = Alex Sherman
 | author2   = Jeffrey McCracken
 | author3   = Edmund Lee
 }}</ref> This was to add several metropolitan areas to the Comcast portfolio, such as New York City, [[Los Angeles]], [[Dallas–Fort Worth]], [[Cleveland]], [[Columbus, Ohio|Columbus]], [[Cincinnati]], [[Charlotte, North Carolina|Charlotte]], [[San Diego]], and San Antonio.<ref>{{cite news
 | url       = https://www.theverge.com/2014/2/13/5407704/comcast-confirms-45-billion-acquisition-of-time-warner-cable
 | title     = Comcast confirms $45 billion merger with Time Warner Cable
 | newspaper = The Verge
 | date      = February 13, 2014
 }}</ref> Time Warner Cable and Comcast aimed to merge into one company by the end of 2014 and both have praised the deal, emphasizing the increased capabilities of a combined telecommunications network, and to "create operating efficiencies and economies of scale".<ref>{{cite news
 | url        = http://online.wsj.com/article/PR-CO-20140213-908767.html
 | title      = Time Warner Cable to Merge with Comcast Corporation to Create a World-Class Technology and Media Company
 | website    = The Wall Street Journal
 | author     = Comcas Press Release
 | date       = February 13, 2014
 | access-date = March 27, 2014
 }}</ref>

In 2014, critics expressed concern that the deal would give Comcast greater negotiating power in a number of areas, including [[rebroadcast fee]]s with television channels,<ref>{{cite magazine
 | url        = https://www.forbes.com/sites/jeffbercovici/2014/02/13/what-the-comcast-time-warner-cable-merger-means-for-tv-viewers/
 | title      = What The Comcast-Time Warner Cable Merger Means For TV Viewers
 | magazine  = Forbes
 | author     = Jeff Bercovici
 | date       = February 13, 2014
 | access-date = March 27, 2014
 }}</ref> and [[peering]] agreements with ISPs.<ref>{{cite web
 | url        = https://www.theverge.com/2014/3/19/5526820/al-franken-says-comcast-buying-twc-threatens-open-nature-internet
 | title      = Sen. Al Franken: Comcast buying Time Warner Cable could threaten 'open nature' of internet
 | website  = The Verge
 | author     = Chris Welch
 | date       = March 19, 2014
 | access-date = March 27, 2014
 }}</ref>

Critics noted in 2013 that [[Tom Wheeler (FCC)|Tom Wheeler]], the head of the FCC, which has to approve the deal, is the former head of both the largest cable lobbying organization, the National Cable & Telecommunications Association, and as largest wireless lobby, [[CTIA – The Wireless Association]].<ref>{{cite web
 | url        = https://arstechnica.com/tech-policy/2013/10/ex-cable-and-wireless-lobbyist-confirmed-as-fcc-chairman/
 | title      = Ex-cable and wireless lobbyist confirmed as FCC chairman
 | website  = Ars Technica
 | author     = Jon Brodkin
 | date       = October 29, 2013
 | access-date = February 17, 2014
 }}</ref><ref>{{cite magazine
 | url        = http://www.newyorker.com/online/blogs/comment/2014/02/comcast-time-warner-acquisition-competition-cable-internet-monopoly.html
 | title      = We Need Real Competition, Not a Cable-Internet Monopoly
 | magazine  = The New Yorker
 | author     = John Cassidy
 | date       = February 13, 2014
 | access-date = February 17, 2014
 }}</ref> According to ''[[Politico]]'', Comcast "donated to almost every member of Congress who has a hand in regulating it".<ref>Romm, Tony (March 9, 2014). [http://www.politico.com/story/2014/03/comcast-cash-spread-wide-on-capitol-hill-104469.html#ixzz2vew7KkGv Comcast spreads cash wide on Capitol Hill]. ''[[Politico]].'' Retrieved March 11, 2014.</ref> The [[United States Senate Committee on the Judiciary|U.S. Senate Judiciary Committee]] held a hearing on the deal on April 9, 2014.<ref>{{cite web
 | url        = http://articles.philly.com/2014-04-11/news/49035185_1_comcast-time-warner-cable-comcast-time-warner-comcast-corp
 | archive-url = https://archive.today/20140415030801/http://articles.philly.com/2014-04-11/news/49035185_1_comcast-time-warner-cable-comcast-time-warner-comcast-corp
 | url-status = dead
 | archive-date = April 15, 2014
 | title      = A sometimes-tense hearing on Capitol Hill on proposed Comcast-Time Warner merger
 | website    = The Philadelphia Inquirer
 | author     = Bob Fernandez
 | date       = April 11, 2014
 | access-date = April 14, 2014
 }}</ref> The [[House Judiciary Committee]] planned its own hearing.<ref>{{cite web
 |url         = http://judiciary.house.gov/index.cfm/2014/2/goodlatte-and-bachus-statement-on-proposed-comcast-time-warner-cable-merger
 |title       = Goodlatte and Bachus Statement on Proposed Comcast-Time Warner Cable Merger
 |publisher   = judiciary.house.gov
 |author      = Jessica Collins or Lauren Hammond
 |date        = February 13, 2014
 |access-date  = March 23, 2014
 |url-status     = dead
 |archive-url  = https://web.archive.org/web/20140324032919/http://judiciary.house.gov/index.cfm/2014/2/goodlatte-and-bachus-statement-on-proposed-comcast-time-warner-cable-merger
 |archive-date = March 24, 2014
 |df          = mdy-all
}}</ref> On March 6, 2014, the [[United States Department of Justice Antitrust Division]] confirmed it was investigating the deal.<ref>{{cite web
 | url        = https://news.yahoo.com/us-confirms-antitrust-probe-comcast-twc-deal-180451010.html
 | title      = US confirms antitrust probe of Comcast-TWC deal
 | publisher  = Yahoo News
 | author     = Agence France-Presse
 | date       = March 6, 2014
 | access-date = March 23, 2014
 }}</ref> In March 2014, the division's chairman, William Baer, recused himself because he was involved in the prior Comcast NBCUniversal acquisition.<ref>{{cite news
 | url        = https://www.nytimes.com/2014/03/07/business/top-federal-antitrust-official-will-not-weigh-in-on-comcast-time-warner-cable-merger.html?_r=0
 | title      = Top Official Can't Rule on Cable Merger
 | website    = The New York Times
 | author     = EDWARD WYATT
 | date       = March 6, 2014
 | access-date = March 23, 2014
 }}</ref> Several states' attorneys general have announced support for the federal investigation.<ref>{{cite news
 | url        = https://www.reuters.com/article/us-timewarnercable-comcast-idUSBREA2I0XL20140319
 | title      = Exclusive: States to probe Comcast plan to buy Time Warner Cable
 | work  = Reuters
 | author     = Diane Bartz
 | date       = March 19, 2014
 | access-date = March 23, 2014
 }}</ref> On April 24, 2015, Jonathan Sallet, general counsel of the F.C.C., explained that he was going to recommend a hearing before an administrative law judge, equivalent to a collapse of the deal.<ref name=nyt>{{cite news
 | last1       = Steel
 | first1      = Emily
 | last2      = Gelles
 | first2     = David
 | last3      = Ruiz
 | first3     = Rebecca
 | last4      = Lipton
 | first4     = Eric
 | title      = Comcast Is Said to End $45 Billion Bid for Time Warner Cable
 | url        = https://www.nytimes.com/2015/04/24/business/media/comcast-time-warner-cable-merger.html
 | access-date = April 24, 2015
 | work       = [[The New York Times]]
 | date       = April 23, 2015
 }}</ref>

In August 2015, Comcast announced that it would increase Internet speeds for low-income customers from 5 [[Data-rate units#Megabit per second|Mbit/s]] to 10 Mbit/s, provide free wireless routers, and pilot an initiative to increase Internet access for low-income senior citizens.<ref name=boston>{{cite news
 | author     = Tali Arbel Associated Press
 | title      = Comcast speeding up its discounted Internet service
 | url        = https://www.bostonglobe.com/business/2015/08/04/comcast-speeding-its-discounted-internet-service/bZdG8mR0Dtf0vI1LUyEFzH/story.html
 | access-date = September 3, 2015
 | work       = [[The Boston Globe]]
 | date       = August 4, 2015
 }}</ref> In September of that year Comcast also launched Watchable, a [[YouTube]] competitor.<ref name="watchablevar">{{cite web
 | last1      = Spangler
 | first1     = Todd
 | title      = Comcast Launches Watchable: Can Web Video Help Save Cable TV?
 | url        = https://variety.com/2015/digital/news/comcast-watchable-launch-1201604855/
 | website    = Variety
 | date = September 29, 2015
 | access-date = April 10, 2016
 }}</ref> The move was seen by [[Variety (magazine)|''Variety'']] as an attempt to appeal to the [[cord-cutting]] market.<ref name="watchablevar"/>

====DreamWorks Animation====
{{Main|DreamWorks Animation}}
On April 28, 2016, Comcast officially announced its NBCUniversal division will acquire [[DreamWorks Animation]] for $3.8 billion.<ref>{{cite web
 | url    = https://www.telegraph.co.uk/business/2016/04/28/comcast-to-buy-dreamworks-animation-for-26bn/
 | title  = Comcast to buy DreamWorks Animation for £2.6bn
 | author = Peter Spence
 | date   = April 28, 2016
 | work   = The Telegraph
 }}</ref><ref>{{cite web
 | url    = https://www.bloomberg.com/news/articles/2016-04-27/comcast-in-discussions-to-buy-dreamworks-animation-wsj-reports
 | title  = Comcast in Discussions to Buy DreamWorks Animation, WSJ Reports
 | author = Anousha Sakoui
 | date   = April 27, 2016
 | work   = Bloomberg.com
 }}</ref> The acquisition completed on August 22, 2016; DreamWorks Animation was integrated into [[Universal Studios, Inc.|Universal Filmed Entertainment]] as part of [[Universal Pictures]].<ref>{{cite web|url=https://variety.com/2016/film/news/comcast-completes-dreamworks-animation-purchase-1201842240/|title=Comcast Completes $3.8 Billion Purchase of DreamWorks Animation|first=Dave|last=McNary|date=August 22, 2016}}</ref> Universal took over distribution of DreamWorks Animation films beginning in 2019 with ''[[How to Train Your Dragon: The Hidden World]]'' after DreamWorks Animation's deal with [[20th Century Fox]] ended.

====Cellular service====
In September 2016, Comcast confirmed that it would launch an [[MVNO]] [[cellular network]] with [[Verizon Wireless]]. The service, described as being a "Wi-Fi and MVNO-integrated product" was expected to launch in mid-2017.<ref>Chris Welch, The Verge. "[https://www.theverge.com/2016/9/20/12986872/comcast-mobile-network-verizon-mvno-2017 Comcast confirms plans to launch mobile phone service in 2017]." Sep 20, 2016. Retrieved May 5, 2017.</ref> The partnership and the addition of wireless would allow Comcast to offer a [[quadruple play]] of services.<ref name="verge-comcastmvno">{{cite web| title = Comcast confirms plans to launch mobile phone service in 2017 | url = https://www.theverge.com/2016/9/20/12986872/comcast-mobile-network-verizon-mvno-2017 | website = The Verge| date = September 20, 2016 | access-date = October 8, 2016 }}</ref><ref>{{cite web | title = Comcast Is Launching a Wireless Service Next Year | url =http://www.fool.com/investing/2016/09/25/comcast-is-launching-a-wireless-service-next-year.aspx| website    = The Motley Fool| date =September 25, 2016| access-date = October 8, 2016 }}</ref> Including Comcast's Home Security offering, customers now have the option of a Quintuple Play.<ref>{{cite news|last1=Athavaley|first1=Anjali|title=RPT-Comcast builds out "smart home" strategy as cable shrinks|url=http://www.businessinsider.com/r-rpt-comcast-builds-out-smart-home-strategy-as-cable-shrinks-2017-8|access-date=28 September 2017|work=Business Insider|language=en|archive-date=July 31, 2020|archive-url=https://web.archive.org/web/20200731225754/https://www.businessinsider.com/r-rpt-comcast-builds-out-smart-home-strategy-as-cable-shrinks-2017-8|url-status=dead}}</ref> The service was officially announced on April 6, 2017, as Xfinity Mobile.<ref name="phillycom-xfinitymobile">{{cite web|title=Comcast plunges again into cell phone service. Can it overcome past failures?|url=http://www.philly.com/philly/blogs/comcast-nation/Comcast-to-launch-Xfinity-Mobile-by-mid-year-making-it-part-of-the-Internet-TV-bundle.html|website=Philly.com|date=April 6, 2017 |access-date=6 April 2017}}</ref>

==== Attempted acquisition of Fox and subsequently of Sky ====
{{See also|Acquisition of 21st Century Fox by Disney}}
On November 16, 2017, it was reported that Comcast attempted to purchase [[21st Century Fox]], following the news 10 days earlier that Disney negotiated with Fox to acquire the same assets. Like Disney, the deal included the 20th Century Fox film and television studios, cable entertainment and broadcast satellite networks including [[FX Networks]], [[National Geographic Partners]], [[Fox Sports Networks]], and international channels such as [[Star India]]. It would not include the [[Fox Broadcasting Company]], [[Fox Television Stations]], [[Fox Sports (United States)|Fox Sports]], and [[Fox News]] units, all which will be spun-off into a new independent company,<ref>{{Cite news|url=https://deadline.com/2017/11/comcast-21st-century-fox-acquisition-talks-report-1202210244/|title=Comcast-Fox Deal Talks Latest Entry Into Media Merger Mania|last1=C. Chmielewski|first1=Dawn |last2=Hayes|first2=Dade|date=2017-11-16|work=Deadline |access-date=2017-11-28}}</ref> which is later known as the [[Fox Corporation]] since the 2019 launch.

However, on December 11, 2017, Comcast officially dropped the bid, saying that "We never got the level of engagement needed to make a definitive offer."<ref>{{Cite news|url=https://www.reuters.com/article/us-fox-m-a-comcast-exclusive/comcast-drops-bid-for-fox-assets-leaving-disney-in-pole-position-idUSKBN1E52OM|title=Comcast drops bid for Fox assets, leaving Disney in pole position |last=Reuter Staff|first=Reuter Staff|date=2017-12-11|work=Reuters |access-date=2017-12-11}}</ref> On December 14, Disney officially confirmed its acquisition of 21st Century Fox for $52.4 billion in stock, pending review from the United States Department of Justice Antitrust Division.<ref>{{Cite news|url=https://money.cnn.com/2017/12/14/media/disney-fox-deal/index.html|title=Disney is buying most of 21st Century Fox for $52.4 billion|last=Riley|first=Charles and Hadas Gold|work=[[CNN Business|CNNMoney]]|access-date=2017-12-14}}</ref>

On February 5, 2018, a new report by CNBC claims that despite the Disney/Fox deal, Comcast was considering topping Disney's $52.4 billion offer once the [[AT&T]]–[[Time Warner]] merger goes through, after the Department of Justice Antitrust Division sued to block the merger on November 20, 2017.

On February 27, 2018, Comcast offered to purchase 61% stake in Sky plc at a value of £12.50 per-share, approximately £22.1 billion. 21st Century Fox, which owns 39% stake in Sky, had previously declined a US$60 billion acquisition offer by Comcast in favor of its deal with Disney, due to anti-competition concerns.<ref>{{Cite news|url=https://www.bbc.com/news/business-43209100|title=Murdoch bid for Sky challenged by US giant|date=27 February 2018|work=BBC News|access-date=27 February 2018}}</ref><ref>{{Cite news|url=https://deadline.com/2018/02/comcast-mulls-renewed-21st-century-fox-pursuit-1202285921/|title=Comcast Mulls Renewing Its 21st Century Fox Assets Pursuit – Report|last=Haring|first=Bruce|date=12 February 2018|work=Deadline Hollywood|access-date=24 February 2018}}</ref><ref>{{Cite news|url=https://variety.com/2018/biz/news/comcast-fox-bid-disney-merger-1202694858/|title=Comcast May Make Another Bid for 21st Century Fox (Report)|date=12 February 2018|work=Variety|access-date=24 February 2018}}</ref> NBCUniversal CEO [[Steve Burke (businessman)|Steve Burke]] stated that purchasing Sky would roughly double its presence in English-speaking markets, and allow for synergies between the respective networks and studios of NBCUniversal and Sky. Fox stated that it "remains committed to its recommended cash offer for Sky", and that Comcast had not yet made a "firm offer".<ref>{{Cite news|url=https://deadline.com/2018/02/nbcus-steve-burke-claims-comcasts-31b-sky-deal-will-boost-scripted-tv-film-fortunes-1202304579/|title=NBCU's Steve Burke Claims Comcast's $31B Sky Deal Will Boost Scripted TV & Film Fortunes, Fox Notes No "Firm Offer" Was Made; 21st Century Fox Reacts – Update|last=White|first=Peter|date=27 February 2018|work=Deadline Hollywood|access-date=27 February 2018}}</ref>

On April 12, the [[Panel on Takeovers and Mergers]] ruled that Disney had to acquire all of Sky within 28 days of fully acquiring Fox if the latter's acquisition of Sky was not completed by the time the merger was done, or if Comcast's counter-offer was not accepted.<ref>{{cite web|url=https://deadline.com/2018/04/disney-will-be-forced-to-acquire-all-of-sky-if-foxs-takeover-of-uk-pay-net-is-not-complete-before-mega-deal-1202362838|archive-url=https://web.archive.org/web/20180415162351/http://deadline.com/2018/04/disney-will-be-forced-to-acquire-all-of-sky-if-foxs-takeover-of-uk-pay-net-is-not-complete-before-mega-deal-1202362838/|url-status=dead|archive-date=April 15, 2018|title=Disney Will Be Forced To Acquire All Of Sky If Fox's Takeover Of UK Pay Net Is Not Complete Before Mega-Deal|last=White|first=Peter|website=Deadline Hollywood|date=April 12, 2018|access-date=April 25, 2018}}</ref> On April 25, 2018, Comcast made its formal counter-bid for Sky plc, offering £12.50 per-share; Sky subsequently withdrew its recommendation of the Fox bid.<ref>{{Cite news|url=https://www.bbc.co.uk/news/business-43891132|title=Comcast starts £22bn bidding war for Sky|last=Wilson|first=Bill|date=25 April 2018|work=BBC News|access-date=25 April 2018|language=en-GB}}</ref>

On May 7, 2018, Comcast announced a potential bid against Disney's effort to acquire Fox after it spoke to investment banks about making a $60 billion cash offer, pending on approval of the AT&T–Time Warner merger.<ref>{{Cite news|url=https://www.cbsnews.com/news/4-reasons-comcast-covets-fox/|title=4 reasons Comcast covets Fox|last=Gibson|first=Kate|work=CBS|date=May 7, 2018}}</ref> Eight days later, several Fox investors expressed interests in signing a deal with Comcast due to their all-cash offer as opposed to Disney's $52.4 billion stock offer.<ref>{{cite news|url=https://www.cnbc.com/2018/05/15/comcasts-all-cash-bid-could-pit-murdoch-against-fox-shareholders.html|title=Comcast's all-cash bid could pit Murdoch against Fox shareholders|work=CNBC|date=May 15, 2018|access-date=May 15, 2018|archive-date=May 15, 2018|archive-url=https://web.archive.org/web/20180515181006/https://www.cnbc.com/2018/05/15/comcasts-all-cash-bid-could-pit-murdoch-against-fox-shareholders.html|url-status=dead}}</ref> Then on June 5, 2018, [[Secretary of State for Digital, Culture, Media and Sport|Culture Secretary]] [[Matt Hancock]] cleared both 21st Century Fox and Comcast's respective offers to acquire Sky plc. Fox's offer is contingent on the divestiture of Sky News.<ref>{{Cite news|url=https://www.bbc.com/news/business-44373621|title=Sky bid battle looms after government nod|date=5 June 2018|work=BBC News|access-date=5 June 2018|language=en-GB}}</ref><ref>{{cite news |last1=Szalai |first1=Georg |title=U.K. Approves Fox's Sky Bid, Subject to Sale of Sky News, and Clears Comcast Offer |url=https://www.hollywoodreporter.com/news/uk-approves-foxs-sky-bid-subject-sale-sky-news-clears-comcast-offer-1115661 |access-date=5 June 2018 |work=The Hollywood Reporter}}</ref> Eight days later, Comcast officially announced a $65 billion counter-offer to acquire the 21st Century Fox's assets that Disney offered to purchase.<ref>{{Cite news|url=https://www.theverge.com/2018/6/13/17457244/comcast-21st-century-fox-film-tv-studios-acquisition-deal-announced|title=Comcast makes $65 billion offer to steal 21st Century Fox away from Disney|work=The Verge|access-date=2018-06-13}}</ref>

On June 15, 2018, the European Commission gave antitrust clearance to Comcast's offer to purchase Sky, citing that in terms of their current assets in Europe, there would be limited impact on competition. Comcast included a 10-year commitment to the operations and funding of Sky News similar to that of Disney's offer.<ref>{{Cite news|url=https://www.wsj.com/articles/comcast-clears-eu-hurdle-in-29-billion-bid-for-sky-1529076176|title=Comcast Clears EU Hurdle in $29 Billion Bid for Sky|last=Woo|first=Stu|date=15 June 2018|work=[[The Wall Street Journal]]|access-date=18 June 2018|language=en-US|issn=0099-9660}}{{subscription required}}</ref><ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2018-06-15/comcast-clears-eu-antitrust-hurdle-for-sky-ahead-of-disney-fight|title=Comcast Clears EU Antitrust Hurdle for Sky Ahead of Disney Fight|date=15 June 2018|work=Bloomberg.com|access-date=18 June 2018|language=en}}{{subscription required}}</ref><ref>{{Cite news|url=https://www.hollywoodreporter.com/news/eu-clears-comcasts-bid-sky-1107237|title=EU Clears Comcast's Bid for Sky|work=The Hollywood Reporter|access-date=18 June 2018|language=en}}</ref> On June 19, 2018, Disney formally agreed to acquire Sky News as part of Fox's proposed bid, with a 15-year commitment to increase its annual funding from £90 million to £100 million.<ref>{{Cite news|url=https://www.hollywoodreporter.com/news/walt-disney-agrees-acquire-sky-news-boost-funding-1119303|title=Walt Disney Agrees to Acquire Sky News, Annual Funding to Be Boosted to $130M|work=The Hollywood Reporter|access-date=19 June 2018|language=en}}</ref>

However, on June 20, 2018, Disney and Fox announced that they had amended their previous merger agreement, upping Disney's offer to $71.3 billion (a 10% premium over Comcast's $65 billion offer), while also offering shareholders the option of receiving cash instead of stock.<ref name="Bloomberg">{{cite web|url=https://www.bloomberg.com/news/articles/2018-06-20/fox-agrees-to-sweetened-bid-from-disney-dealing-blow-to-comcast|title=Disney Sweetens Offer for Fox to $71 Billion, Outbidding Comcast|website=Bloomberg|last=Turner|first=Nick|date=June 20, 2018|access-date=June 20, 2018}}</ref> On June 27, the [[United States Department of Justice]] gave antitrust approval to Disney under the condition of selling Fox's 22 regional sports channels, to which the company has agreed.<ref>{{cite web|url=https://www.cnbc.com/2018/06/27/us-set-to-give-antitrust-approval-for-disney-fox-deal.html|title=Disney wins US antitrust approval to buy Fox assets|work=CNBC|date=June 27, 2018|access-date=June 28, 2018}}</ref> On the next day, Disney and Fox shareholders scheduled July 27, 2018 as the day to vote on Fox's properties being sold to Disney, giving Comcast enough time to make a higher counter-offer for the Fox assets.<ref name="Vote-07-27-Variety">{{cite web|url=https://variety.com/2018/biz/news/disney-fox-shareholder-voting-date-1202861184/|title=Disney, Fox Set Shareholder Voting Date for $71 Billion Deal|last=Littleton|first=Cynthia|work=[[Variety (magazine)|Variety]]|date=June 28, 2018|access-date=June 28, 2018}}</ref><ref name="Vote-07-27-LATimes">{{cite web|url=https://www.latimes.com/business/hollywood/la-fi-ct-disney-fox-shareholders-vote-20180628-story.html|title=Disney and Fox schedule July 27 shareholder votes on merger — upping pressure on Comcast|last=James|first=Meg|work=Los Angeles Times|date=June 28, 2018|access-date=June 28, 2018}}</ref>

On July 11, 2018, 21st Century Fox raised its bid to purchase Sky plc assets to $32.5 billion, and $18.57 a share. In response, Comcast increased its bid to $34 billion, and $19.5 a share. At the same time, Fox was given clearance by the British government to purchase Sky.<ref>{{cite web|url=https://www.bbc.com/news/business-44791383|title=Murdoch's Fox increases Sky bid to £24.5bn in takeover battle|work=BBC.com|date=11 July 2018|access-date=12 July 2018}}</ref><ref>{{cite web|url=https://variety.com/2018/biz/news/comcast-sky-21st-century-fox-disney-auction-1202870876/|title=Comcast Raises Bid for Sky as Regulatory Decision Accelerates Sale Process|last=Littleton|first=Cynthia|work=[[Variety (magazine)|Variety]]|date=July 11, 2018|access-date=July 12, 2018}}</ref> On July 18, 2018, ''Bloomberg'' reported that the Sky board scheduled July 27, 2018 as the day shareholders vote on selling Sky properties.<ref>{{cite web|url=https://www.bloomberg.com/news/articles/2018-07-18/key-u-k-sky-hearing-scheduled-for-same-day-as-fox-disney-vote|title=Sky Hearing on Same Day as Fox Vote Complicates Comcast Bid|last=Mayes|first=Joe|work=Bloomberg|date=July 18, 2018|access-date=July 19, 2018}}</ref>

However, on July 12, 2018, the Department of Justice filed a notice of appeal with the D.C. Circuit to reverse the District Court's approval for AT&T acquisition of Time Warner (now renamed WarnerMedia). Although analysts say that the chances of the DOJ win are small, they say it is the "final nail in the coffin for Comcast's Fox chase. This is a clear gift to Disney."<ref>{{cite web|url=https://www.cnbc.com/2018/07/13/heres-what-the-doj-needs-to-happen-to-win-its-appeal-against-att.html|title=Here's what the DOJ needs to happen to win its appeal against AT&T|first=Alex|last=Sherman|website=[[CNBC]]|date=July 15, 2018}}</ref> On the next day, CEO of AT&T [[Randall Stephenson]] gave an interview with CNBC, about Comcast's bid for Fox: "It probably can't help it. You're in a situation where two entities are bidding for an asset, and this kind of action can obviously influence the outcome of those actions."<ref>{{cite web|url=https://www.cnbc.com/2018/07/13/doj-challenge-to-att-time-warner-deal-could-affect-disney-fox-comcast.html|title=DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson|first=Ariel|last=Shapiro|website=[[CNBC]]|date=July 13, 2018}}</ref>

On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney in favor of [[Sky Group|Sky]].<ref>{{cite news |last1=Moyer |first1=Liz |title=Comcast unlikely to raise Fox bid; focused on Sky: Sources |url=https://www.cnbc.com/2018/07/16/comcast-unlikely-to-raise-fox-bid-focused-on-sky-sources.html |work=CNBC |date=16 July 2018}}</ref> Three days later, Comcast officially announced that it was dropping its bid on the Fox assets in order to focus on their bid for Sky. CEO of Comcast, Brian L. Roberts said: "I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company."<ref>{{cite news|url=https://www.washingtonpost.com/business/2018/07/19/comcast-drops-bid-st-century-fox-leaving-entertainment-powerhouse-hands-disney/|title=Comcast drops bid for 21st Century Fox, clearing way for Disney|last1=Zeitchik|first1=Steven|last2=Romm|first2=Tony|newspaper=The Washington Post|date=July 19, 2018|access-date=July 27, 2018}}</ref> Eight days later, 21st Century Fox shareholders agreed to sell the majority of its assets to Disney for $71.3 billion. The sale covered the majority of 21CF's entertainment assets, including 20th Century Fox, FX Networks, and National Geographic Partners, among others.

On September 22, 2018, Comcast outbid 21st Century Fox, by raising its bid for Sky plc to $40 billion, or $22.57 a share.<ref>{{cite web|url=https://money.cnn.com/2018/09/22/media/comcast-win-fox-sky/index.html|title=Comcast outbids 21st Century Fox for Sky |last=Gold|first=Hadas|work=CNN|date=September 22, 2018|access-date=September 22, 2018}}</ref> On September 25, 2018, Comcast bought a 30% stake of Sky plc. The next day on September 26, 2018, Fox with the consent of its acquirer sold its 39% stake to Comcast in exchange for $15 billion in cash.<ref>{{cite news |last=Garrahan |first=Matthew |date=2018-09-26 |title=Disney-Fox to sell Sky stake to Comcast |work=[[Financial Times]] |url=https://www.ft.com/content/f8002306-c187-11e8-95b1-d36dfef1b89a |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/f8002306-c187-11e8-95b1-d36dfef1b89a |archive-date=December 10, 2022 |url-access=subscription |url-status=live}}</ref> In October 2018 Comcast later acquired the rest of the shares of Sky with the company being delisted in November.<ref>{{Cite web|url=https://www.cmcsa.com/static-files/ab8e5d23-2bf7-4929-83cf-45033c1891d6|title=Recommended mandatory superior cash offer for Sky: Compulsory acquisition of Sky shares}}</ref> The merger was completed on November 7, 2018, when the company was delisted after becoming a wholly owned subsidiary and division of Comcast.<ref>{{cite web |title=Comcast looks to Sky deal as US cord cutting hits home |url=https://www.ft.com/content/9d657064-d83d-11e8-a854-33d6f82e62f8 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/9d657064-d83d-11e8-a854-33d6f82e62f8 |archive-date=December 10, 2022 |url-access=subscription |url-status=live |work=Financial Times |access-date=November 24, 2018}}</ref>
====Later investments, proposed spin-off of several NBCU assets====
On June 20, 2022, Comcast acquired Levl, an American-Israeli startup develops technology that authenticates wireless devices and can help prevent hacking, for an estimated $50 million. Following the acquisition, Comcast announced it will set up its first development center in [[Israel]].<ref name="comcast1">{{cite web |url=https://www.calcalistech.com/ctechnews/article/bjngl9at5|title=Comcast to acquire startup Levl for an estimated $50 million |work=Ctech |first=Meir |last=Orbach |date=June 20, 2020|access-date=June 20, 2020}}</ref>

In 2023, Comcast and Disney agreed that Comcast would sell its 33% stake to [[Hulu]] (the service has an audience of 48 million [[Subscription_business_model|subscribers]]). The [[Streaming_media|streaming service]] is valued at $27.5 billion in this deal. Part of the proceeds from this deal will be used to [[Share_repurchase|buy back]] Comcast [[Share_(finance)|shares]].<ref>{{Cite news|lang=en|url=https://www.nytimes.com/2023/09/06/business/media/comcast-disney-hulu-deal.html|title=Comcast and Disney Agree to Speed Up Hulu Deal|work=The New York Times |date=September 6, 2023 |access-date=2024-02-26|archive-date=2024-02-07|archive-url=https://web.archive.org/web/20240207171133/https://www.nytimes.com/2023/09/06/business/media/comcast-disney-hulu-deal.html |last1=Mullin |first1=Benjamin }}</ref>

On October 31, 2024, Mike Cavanagh announced on the company's 2024 third-quarter earnings call that it would consider a spin-off of its cable networks.<ref>{{cite web|url=https://deadline.com/2024/10/comcast-may-form-separate-company-for-cable-networks-1236163211/|title=Comcast Looking At Forming A New Stand-Alone Company For Its Cable Networks, President Mike Cavanagh Says|date=31 October 2024|access-date=20 November 2024|work=Deadline|first=Dade|last=Hayes}}</ref> On November 20th of that same year, the company announced that it had greenlit the spin-off. The entity would consist of NBCU's US cable networks including [[USA Network]], [[CNBC]], [[MSNBC]], [[Oxygen (TV channel)|Oxygen]], [[E!]], [[Syfy]] and [[Golf Channel]] alongside the company's digital portfolio such as [[Fandango Media|Fandango]], [[SportsEngine]], [[Rotten Tomatoes]] and [[GolfNow]]. NBCU would retain the [[NBC]] network, [[Telemundo]], [[Bravo (American TV network)|Bravo]], [[Peacock (streaming service)|Peacock]], [[Hayu (streaming service)|Hayu]], the [[NBC Sports]] and [[NBC News]] divisions as well as NBCU's [[Universal Studios, Inc.|filmed entertainment]], [[Universal Studio Group|television studios]] and [[Universal Destinations and Experiences|theme park]] businesses. The separate entity, classified as a tax-free spin-off is scheduled to be completed in 2025, pending regulatory approval.<ref>{{cite web|url=https://corporate.comcast.com/press/releases/spin-off-select-cable-television-networks|title=Comcast Announces Intention to Create Leading Independent Media Business Through Spin-Off of Select Cable Television Networks|date=20 October 2024|work=Comcast}}</ref> This coincided with the promotion of Donna Langley to head the Entertainment & Studios group while Matt Strauss being promoted to chairman as Mark Lazarus and Anand Kimi plan to step down after the spin-off's completion to head the separate entity.<ref>{{cite web|url=https://variety.com/2024/tv/news/matt-strauss-donna-langley-lead-nbcuniversal-1236215272/|title=Matt Strauss, Donna Langley Expand Roles at New NBCUniversal|first=Brian|last=Steinberg|date=20 October 2024|work=Variety}}</ref>

==Divisions and subsidiaries==
{{Main list|list of assets owned by Comcast|list of libraries owned by Comcast}}

===Comcast Cable (Xfinity)===
{{main|Xfinity}}
Comcast Cable, which goes by the brand name [[Xfinity]], provides cable television, broadband internet, and home telephone services. Comcast Cable also provides similar services to small to medium-sized business through its [[Comcast Business]] brand, and Fortune 1000 companies through its Comcast Enterprise brand.<ref>{{Cite web |url=https://www.reuters.com/finance/stocks/companyProfile?symbol=CMCSA.O |title=Profile: Comcast Corp (CMCSA.O) |website=Reuters |access-date=2017-06-15 |url-status=dead |archive-url=https://web.archive.org/web/20170913145209/https://www.reuters.com/finance/stocks/companyProfile/CMCSA.O |archive-date=2017-09-13}}</ref>

===NBCUniversal===
{{main|NBCUniversal}}
Comcast delivers third-party television programming content to its own customers, and also produces its own first-party content both for subscribers and customers of other competing television services. Fully or partially owned Comcast programming includes Comcast Newsmakers, [[Comcast SportsNet]], [[SportsNet New York]], [[MLB Network]], [[Golf Channel]], Syfy, and USA Network. On May 19, 2009, [[Disney]] and [[ESPN]] announced an agreement to allow Comcast Corporation to carry the channels [[ESPNU]] and [[ESPN3]].<ref>{{cite web |title=Comcast Adds ESPNU and ESPN360.com to Line Up With Content On Television, On Demand and Online |url=https://www.cmcsa.com/news-releases/news-release-details/comcast-adds-espnu-and-espn360com-line-content-television-demand |website=Comcast |access-date=May 17, 2022 |date=May 19, 2022|archive-url=https://web.archive.org/web/20090522184255/http://www.espnmediazone.com/press_releases/2009_05_may/20090519_COMCASTADDSESPNUANDESPN360.COMTOLINEUPWITHCONTENT.htm |archive-date=May 22, 2009 }}</ref>

Comcast's content networks and assets also include E!, [[Oxygen (TV network)|Oxygen]], Golf Channel, [[Universal Kids]], [[Bravo (American TV network)|Bravo]], and the regional [[NBC Sports Regional Networks|NBC Sports Networks]]. When Comcast took majority ownership in NBCUniversal, a significant number of cable networks were added to this list. Comcast's NHL deal obligated them to create a U.S. version of [[NHL Network (American TV channel)|NHL Network]], launched in October 2007. NBCSN folded in 2021.

Comcast has also operated local channels in some markets, such as Comcast Television in the Detroit region, Comcast Network in the Philadelphia and Mid-Atlantic regions (formerly CN8), and Comcast Entertainment Television in Denver and parts of Utah. They primarily carried local programs and sports (including, in some cases, serving as the designated overflow channel for local [[regional sports network]]s).

====DreamWorks Animation====
On August 22, 2016, NBCUniversal bought DreamWorks Animation along with its major IP, including ''[[Shrek (franchise)|Shrek]]'', ''[[How to Train Your Dragon]]'', ''[[Kung Fu Panda]]'', ''[[Trolls (franchise)|Trolls]]'', and ''[[Madagascar (franchise)|Madagascar]]'', included in the acquisition was [[Classic Media]], which included a wide library of IP including ''[[Postman Pat]]'', ''[[Felix the Cat]]'', ''[[Noddy (character)|Noddy]]'', ''[[Rudolph the Red-Nosed Reindeer (1964 TV special)|Rudolph the Red-Nosed Reindeer]]'', ''[[Frosty the Snowman (TV special)|Frosty the Snowman]]'', ''[[Turok]]'', ''[[Casper the Friendly Ghost]]'', ''[[VeggieTales]]'' among a number of others.<ref name="NPR-Dreamworks-Buyout">{{cite news
 | last1      = Limbong
 | first1     = Andrew
 | title      = Comcast Buys DreamWorks Animation For $3.8 Billion In Race Against Disney
 | url        = https://www.npr.org/2016/04/29/476124505/comcast-buys-dreamworks
 | access-date = May 2, 2016
 | work       = NPR
 | date       = April 29, 2016
 }}</ref><ref name="CNN-Dreamworks-Buyout">{{cite news
 | last1      = Stelter
 | first1     = Brian
 | title      = Comcast buys DreamWorks Animation in $3.8 billion deal
 | url        = https://money.cnn.com/2016/04/28/media/comcast-dreamworks-nbcuniversal/
 | access-date = May 2, 2016
 | work       = CNN Money
 | date       = April 28, 2016
 }}</ref><ref name="AP-Dreamworks-Buyout">{{cite news
 | last1      = Ortutay
 | first1     = Barbara
 | title      = Comcast Buying DreamWorks Animation for About $3.55B
 | url        = http://ww2.kqed.org/arts/2016/04/29/comcast-buying-dreamworks-animation-for-about-3-55b/
 | access-date = May 2, 2016
 | work       = KQED Arts
 | agency     = Associated Press
 | publisher  = KQED
 | date       = April 29, 2016
 }}</ref><ref name="WSJ-Dreamworks-Buyout">{{cite news
 | last1      = Steele
 | first1     = Anne
 | last2      = Fritz
 | first2     = Ben
 | last3      = Mattioli
 | first3     = Dana
 | title      = Comcast to Buy DreamWorks Animation for $3.8 Billion
 | url        = https://www.wsj.com/articles/comcasts-nbc-universal-to-buy-dreamworks-for-3-8-billion-1461849691
 | access-date = May 2, 2016
 | work       = The Wall Street Journal
 | date       = April 28, 2016
 }}</ref>

==== Sky Group ====
{{main|Sky Group}}
Through Sky, Comcast offers any first-party and third-party television programming which using the [[satellite television|satellite distribution]] system to its customers and subscribers across several countries in Europe, such as the [[United Kingdom]], [[Republic of Ireland|Ireland]], [[Germany]], [[Austria]], [[Switzerland]], and [[Italy]]. It is Europe's largest media company and [[Pay television|pay-TV]] broadcaster by revenue ({{as of|2018|lc=y|post=),}}<ref>{{Cite web |url=https://www.statista.com/statistics/283553/leading-european-pay-tv-operators-by-revenue/ |title=Leading European pay TV operators by revenue 2018 |website=Statista|access-date=2018-11-01 |df=dmy-all}}</ref> with 23&nbsp;million subscribers and more than 31,000 employees as of 2019.<ref name="Key facts and figures">{{cite web |url=https://assets.contentstack.io/v3/assets/bltdc2476c7b6b194dd/blt2e85744d661a8f04/5b643b4a7eac3e673d5e661a/download |title=Sky at a glance |format=PDF |publisher=Sky |access-date=2018-11-01 |df=dmy-all |archive-url=https://web.archive.org/web/20181104010423/https://assets.contentstack.io/v3/assets/bltdc2476c7b6b194dd/blt2e85744d661a8f04/5b643b4a7eac3e673d5e661a/download |archive-date=4 November 2018 |url-status=dead }}</ref><ref name="News Corp. slows BSkyB bid">{{cite web|url= https://ottawacitizen.com/news/World+News+Corp+slows+BSkyB/3669128/story.html|title= News Corp. slows BSkyB bid|date= 14 October 2010|work= [[Ottawa Citizen]]}}{{dead link|date=May 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

Until November 2018, Sky was owned by 21st Century Fox through a 39.14% controlling stake;<ref>{{cite news |url= https://www.nytimes.com/2011/07/09/world/europe/09murdoch.html |title= Phone Scandal Poses Defining Test for a Murdoch Son |access-date= 10 July 2011 |work= The New York Times |date= 8 July 2011 |archive-url= https://web.archive.org/web/20110709111704/http://www.nytimes.com/2011/07/09/world/europe/09murdoch.html |archive-date= 9 July 2011 |url-status= live}}</ref> on 9 December 2016, following a previous attempt under [[News Corporation (1980–2013)|News Corporation]] that was affected by the [[News International phone hacking scandal]], 21st Century Fox announced that it had agreed to buy the remainder of Sky, pending government approval. However, after a bidding war that included Disney (which was, in turn, acquiring most of 21st Century Fox assets), Comcast acquired the entirety of Sky in 2018 for £17.28 per-share.

In 2020, NBCUniversal and Sky Group began preparations to launch an international news channel called NBC Sky World News.<ref name="varietyjan2020">{{cite web |last1=Steinberg |first1=Brian |title=NBC Sky World News Plots Summer Launch |url=https://variety.com/2020/tv/news/nbc-sky-world-news-summer-launch-comcast-1203476712/ |website=Variety |access-date=4 August 2020 |language=en |date=23 January 2020}}</ref><ref name="pressgaz">{{cite web |last1=Tobitt |first1=Charlotte |title=Sky and NBC team up for new global news channel under owner Comcast |url=https://www.pressgazette.co.uk/sky-and-nbc-team-up-for-new-global-news-channel-under-owner-comcast/ |website=Press Gazette |access-date=4 August 2020 |date=23 January 2020}}</ref> The service was also planned for it to be available on [[Peacock (streaming service)|Peacock]] in the [[United States]]. Plans for the launch – initially scheduled for summer 2020<ref name="tvbeuropelaunch">{{cite web |title=NBC Sky World News to land this summer |url=https://www.tvbeurope.com/tvbeverywhere/nbc-sky-world-news-to-land-this-summer |website=TVBEurope |access-date=4 August 2020 |date=23 January 2020}}</ref> – were put on hold due to the [[COVID-19 pandemic in the United Kingdom]].<ref name="varietyapr2020">{{cite web |last1=Steinberg |first1=Brian |title=NBCUniversal Delays Launch of NBC Sky World News |url=https://variety.com/2020/tv/news/sky-world-news-nbcuniversal-delay-andy-lack-1234569192/ |website=Variety |access-date=4 August 2020 |language=en |date=2 April 2020}}</ref> and in August, the proposed service was scrapped, resulting in layoffs of 60 employees.<ref>{{Cite web|date=2020-08-06|title=Cancellation of NBC Sky World News plan leaves 60 out of job|url=http://www.theguardian.com/media/2020/aug/06/cancellation-nbc-sky-world-news-60-out-work|access-date=2020-08-19|website=the Guardian|language=en}}</ref><ref>{{cite web |last1=Kanter |first1=Jake |title=Comcast Abandons Plan To Launch International News Channel NBC Sky World News |url=https://deadline.com/2020/08/comcast-shelves-nbc-sky-world-news-1203005882/ |website=Deadline |access-date=19 August 2020 |language=en |date=6 August 2020}}</ref> NBC subsequently allowed its free streaming service [[NBC News Now]] to be seen internationally, and is available globally on YouTube and on Sky TV and [[Virgin Media]] in the UK.<ref>{{cite news |last1=Atkinson |first1=Claire |title=NBC News unveils 'Signal,' its streaming network for cable-cutters |url=https://www.nbcnews.com/news/all/nbc-news-unveils-signal-its-streaming-network-cable-cutters-n923986 |access-date=July 3, 2019 |work=NBC News |date=October 24, 2019 |language=en}}</ref>

=== Xumo ===
{{Main|Xumo}}
[[Xumo]] is a [[free ad-supported streaming television]] (FAST) service, which Comcast acquired on February 25, 2020, for an undisclosed amount. The service operates as a business within the Comcast Cable division. Comcast planned to position the service as a complement to its premium streaming service Peacock (as well as compete with ViacomCBS's [[Pluto TV]] and Fox Corporation's [[Tubi]]), and leverage its streaming technology, as well as its distribution partnerships with [[smart TV]] manufacturers.<ref>{{cite web |author=Jon Lafayette |date=February 25, 2020 |title=Comcast Buys Ad-Supported Streaming Service Xumo |url=https://www.broadcastingcable.com/news/comcast-buys-ad-supported-streaming-service-xumo |publisher=Future US |periodical=Broadcasting & Cable}}</ref><ref>{{cite news |author=Alex Sherman |date=February 25, 2020 |title=Why Comcast agreed to buy Xumo, an ad-supported free streaming service |website=[[CNBC]] |publisher=[[NBCUniversal News Group]] |url=https://www.cnbc.com/2020/02/25/comcast-to-buy-xumo-for-ad-supported-streaming-service-and-technology.html}}</ref><ref>{{cite web |author=Todd Spangler |date=February 25, 2020 |title=Comcast Acquires Xumo Free-Streaming Video Service |url=https://variety.com/2020/digital/news/comcast-acquires-xumo-free-streaming-video-service-1203515001/ |publisher=[[Penske Media Corporation]] |periodical=[[Variety (magazine)|Variety]]}}</ref>

On October 19, 2021, Comcast announced "XClass TV", a line of smart TVs manufactured by [[Hisense]] that would be powered by the X1 software platform used by its cable services.<ref>{{cite web |last=Spangler |first=Todd |date=October 19, 2021 |title=Comcast Launches XClass TV, Its First TV Sets in the U.S., Taking Streaming Platform Direct-to-Consumer |url=https://variety.com/2021/digital/news/comcast-xclass-tv-streaming-hisense-1235092484/ |url-status=live |archive-url=https://web.archive.org/web/20211019143444/https://variety.com/2021/digital/news/comcast-xclass-tv-streaming-hisense-1235092484/ |archive-date=October 19, 2021 |access-date=January 21, 2022 |work=Variety}}</ref>

In April 2022, Comcast and [[Charter Communications]] announced that they would form a joint venture to form a "next-generation streaming platform", with Comcast contributing its [[Xfinity Flex]], XClass TV, and Xumo businesses.<ref>{{Cite news |last=Mullin |first=Benjamin |date=2022-04-27 |title=Cable Giants Comcast and Charter Team Up on Streaming Devices |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/04/27/business/media/comcast-charter-set-top-streaming.html |access-date=2022-04-27 |issn=0362-4331}}</ref><ref>{{Cite web |last=Welch |first=Chris |date=2022-04-27 |title=Comcast and Charter team up in hopes of toppling Roku, Amazon streaming hardware |url=https://www.theverge.com/2022/4/27/23044434/comcast-charter-streaming-joint-venture-announced-flex |access-date=2022-04-27 |website=The Verge |language=en}}</ref><ref>{{Cite web |last=Spangler |first=Todd |date=2022-04-27 |title=Comcast, Charter Form Joint Venture to Launch Nationwide Streaming Platform |url=https://variety.com/2022/digital/news/comcast-charter-form-joint-venture-to-launch-nationwide-streaming-service-1235242283/ |access-date=2022-04-27 |website=Variety |language=en-US}}</ref> In November 2022, Comcast and Charter announced that the joint venture would use the Xumo name, with Xumo, Xfinity Flex, and XClass TV rebranded as Xumo Play, Xumo Stream Box, and Xumo TV respectively.<ref>{{Cite web |last=Winslow |first=George |date=2022-11-02 |title=Comcast, Charter Streaming Joint Venture Branded as 'Xumo' |url=https://www.tvtechnology.com/news/comcast-charter-streaming-joint-venture-branded-as-xumo |access-date=2022-11-03 |website=TVTechnology |language=en}}</ref>

===Professional sports===
{{main|Comcast Spectacor}}
In 1996, Comcast bought a controlling stake in Spectacor from the company's founder, [[Ed Snider]].<ref>{{cite web
 | url        = http://articles.philly.com/1996-03-22/sports/25637786_1_comcast-move-flyers-and-sixers-msg-network
 | archive-url = https://archive.today/20140216203006/http://articles.philly.com/1996-03-22/sports/25637786_1_comcast-move-flyers-and-sixers-msg-network
 | url-status = dead
 | archive-date = February 16, 2014
 | title      = Msg What Comcast Hopes To Become
 | website    = The Philadelphia Inquirer
 | author     = Bill Fleischman
 | date       = March 22, 1996
 | access-date = February 16, 2014
 }}</ref> Comcast Spectacor holdings now include the [[Philadelphia Flyers]] [[NHL]] hockey team and [[Wells Fargo Center (Philadelphia)|their home arena]] in [[Philadelphia]], as well as [[esports]] organization [[T1 (esports)|T1]], in a joint venture with South Korea's [[SK Telecom]]. Over a number of years, Comcast became majority owner of Comcast SportsNet, as well as Golf Channel and NBCSN (formerly the Outdoor Life Network, then Versus). In 2002, Comcast paid the [[University of Maryland, College Park|University of Maryland]] $25&nbsp;million for [[naming rights]] to the new basketball arena built on the College Park campus, the [[Xfinity Center (College Park, Maryland)|Xfinity Center]]. Before it was renamed for Comcast's cable subsidiary, Xfinity Center was called Comcast Center from its opening in 2002 through July 2014. Comcast became the sponsor of [[NASCAR]]'s second-tier series renaming it the [[NASCAR Xfinity Series]] in 2015.

==Criticism and controversies==
{{main|Criticism of Comcast}}

[[Image:Comcast service van.jpg|thumb|right|Comcast service van, [[Ypsilanti Township, Michigan|Ypsilanti Township]], Michigan]]

In 2004 and 2007, the [[American Customer Satisfaction Index]] (ACSI) survey found that Comcast had the worst customer satisfaction rating of any company or government agency in the country, including the [[Internal Revenue Service]]. The ACSI indicates that almost half of all cable customers (regardless of company) have registered complaints, and that cable is the only industry to score below 60 in the ACSI.<ref>{{Cite web|url=https://theacsi.org/|archiveurl=https://web.archive.org/web/20090312061951/http://www.theacsi.org/index.php?option=com_content&task=view&id=86&Itemid=90|url-status=dead|title=The American Customer Satisfaction Index (ACSI) - National Cross-Industry Measure of Customer Satisfaction|archivedate=March 12, 2009|website=The American Customer Satisfaction Index}}</ref> Comcast's Customer Service Rating by the ACSI surveys indicate that the company's customer service has not improved since the surveys began in 2001. Analysis of the surveys states that "Comcast is one of the lowest scoring companies in ACSI. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." The ACSI analysis also addresses this contradiction, stating that "Such [[pricing power]] usually comes with some level of monopoly protection and most cable companies have little competition at the local level. This also means that a cable company can do well financially even though its customers are not particularly satisfied."<ref>{{Cite web|url=https://theacsi.org/|archiveurl=https://web.archive.org/web/20070827175226/http://www.theacsi.org/index.php?option=com_content&task=view&id=169&Itemid=168|url-status=dead|title=The American Customer Satisfaction Index (ACSI) - National Cross-Industry Measure of Customer Satisfaction|archivedate=August 27, 2007|website=The American Customer Satisfaction Index}}</ref><ref>{{Cite web|url=https://theacsi.org/|archiveurl=https://web.archive.org/web/20071116182816/http://www.theacsi.org/index.php?option=com_content&task=view&id=149&Itemid=157&c=Comcast+Corporation&i=Cable+&+Satellite+TV|url-status=dead|title=The American Customer Satisfaction Index (ACSI) - National Cross-Industry Measure of Customer Satisfaction|archivedate=November 16, 2007|website=The American Customer Satisfaction Index}}</ref>

In April 2014, Comcast was awarded the 2014 "Worst Company in America" award; an annual contest by the consumer affairs blog ''The Consumerist'' that runs a series of reader polls to determine the least popular company in America. This was the second time Comcast had been awarded this title, the first being in 2010.<ref>{{cite web
 | title   = Congratulations To Comcast, Your 2014 Worst Company In America!
 | url     = http://consumerist.com/2014/04/08/congratulations-to-comcast-your-2014-worst-company-in-america/
 | date    = April 8, 2014
 | website = The Consumerist
 }}</ref>

Comcast spends millions of dollars annually on [[lobbying]].<ref>[http://www.publicintegrity.org/telecom/search/profile.aspx?id=M000018&sec=influence The Center for Public Integrity, ''Comcast Corp. Political Influence''] {{webarchive|url=https://web.archive.org/web/20080618165540/http://www.publicintegrity.org/telecom/search/profile.aspx?id=M000018&sec=influence |date=June 18, 2008 }}. Publicintegrity.org. Retrieved on July 8, 2011.</ref><ref name="Lobbying">{{cite web|title=Lobbying Spending Database - Comcast Corp, 2017 {{!}} OpenSecrets|url=https://www.opensecrets.org/lobby/clientsum.php?id=D000000461|website=www.opensecrets.org|access-date=5 February 2018|language=en}}</ref> Comcast employs the spouses, sons and daughters of mayors, councilmen, commissioners, and other officials to assure its continued preferred market allocations.<ref>[https://www.washingtonpost.com/wp-dyn/content/article/2006/03/06/AR2006030601594.html ''The Washington Post'', ''Prominent Ties Among Comcast Hires'']. Washington Post (March 7, 2006). Retrieved on July 8, 2011.</ref><ref name="washingtonpost2006">[https://www.washingtonpost.com/wp-dyn/content/article/2006/03/07/AR2006030701706.html ''The Washington Post'', ''Md. Lawmakers Call for Probe of Comcast Ties'']. Washington Post (March 8, 2006). Retrieved on July 8, 2011.</ref><ref name="autogenerated4">[http://www.law.com/jsp/article.jsp?id=1178615087017 Law.com, ''Federal Judge Certifies Antitrust Class Against Comcast'']. Law.com. Retrieved on July 8, 2011.</ref>

Comcast was given an "F" for its corporate governance practices in 2010, by Corporate Library, an independent shareholder-research organization. According to Corporate Library, Comcast's board of directors ability to oversee and control management was severely compromised (at least in 2010) by the fact that several of the directors either worked for the company or had business ties to it (making them susceptible to management pressure), and a third of the directors were over 70 years of age. According to ''[[The Wall Street Journal]]'' nearly two thirds of the flights of Comcast's $40 million corporate jet purchased for business travel related to the NBCU acquisition, were to CEO Brian Roberts' private homes or to resorts.<ref name=Maremont>{{cite news
 | last1       = Maremont
 | first1      = Mark
 | title      = Corporate Jet Set, Leisure vs. Businessw
 | url        = https://www.wsj.com/news/articles/SB10001424052748703551304576260871791710428
 | access-date = March 26, 2014
 | newspaper  = Wall Street Journal
 | date       = June 16, 2011
 | first2     = Tom
 | last2      = McGInty
 }}</ref>

On August 1, 2016, Washington State Attorney General [[Bob Ferguson (politician)|Bob Ferguson]] filed a lawsuit against Comcast Corporation in King County Superior Court, alleging the company's own documents reveal a pattern of illegally deceiving their customers to pad their bottom line by tens of millions of dollars.<ref>Office of the Attorney General. [http://www.atg.wa.gov/news/news-releases/ag-announces-lawsuit-against-comcast-more-100-million]. Retrieved August 1, 2016</ref> The FCC issued a $2.3 million fine to Comcast after finding that the company was charging customers for unordered services and equipment. More than a thousand customers issued complaints about these unprecedented charges to their bill. In addition, numerous customers reported inappropriate name-calling and interrogation by customer service representatives. Comcast's executive vice president, David Cohen, admitted the company needed to improve their customer service.<ref>{{cite web|url=http://ic.galegroup.com/ic/bic1/NewsDetailsPage/NewsDetailsWindow?disableHighlighting=false&displayGroupName=News&currPage=&scanId=&query=&source=&prodId=BIC1&search_within_results=&p=BIC1&mode=view&catId=&u=sant38536&limiter=&display-query=&displayGroups=&contentModules=&action=e&sortBy=&documentId=GALE%7CA466395821&windowstate=normal&activityType=&failOverType=&|title=Product Login|website=Gale}}</ref>

On August 8, 2016, an official Comcast employee confirmed that Comcast was changing native 1080i channels to the 720p60 format. "Official Employees are from multiple teams within Comcast: Product, Support, Leadership."<ref>{{cite web|url=http://forums.xfinity.com/t5/Non-X1-Service/1080i-channels-are-being-changed-to-720p60-channels/m-p/2783308#M183323|title=1080i channels are being changed to 720p channels|date=August 8, 2016|access-date=December 18, 2017|archive-date=December 17, 2017|archive-url=https://web.archive.org/web/20171217014057/http://forums.xfinity.com/t5/Non-X1-Service/1080i-channels-are-being-changed-to-720p60-channels/m-p/2783308#M183323|url-status=dead}}</ref>

In February 2017, Comcast was ordered by the self-regulatory [[Advertising Self-Regulatory Council|National Advertising Review Board]] to cease using a claim based on [[Speedtest.net]] data that it has "America's fastest internet", stating that "Ookla's data showed only that Xfinity consumers who took advantage of the free tests offered on the Speedtest.net website subscribed to tiers of service with higher download speeds than Verizon FiOS consumers who took advantage of the tests." They were also ordered to stop using a claim that the company offers the "fastest in-home Wi-Fi," which was poorly substantiated.<ref name="ars-fastestnot">{{cite web|title=Not so fast—Comcast told to stop claiming it has "fastest Internet"|url=https://arstechnica.com/information-technology/2017/02/comcast-should-stop-claiming-it-has-fastest-internet-ad-board-rules/|website=Ars Technica|date=February 8, 2017 |access-date=9 February 2017}}</ref>

On December 21, 2018, [[Minnesota]] State Attorney General Lori Swanson filed a lawsuit against Comcast in [[Hennepin County, Minnesota|Hennepin]] County over allegations that the company had overcharged customers for cable packages, added home security, service protection plans, modem and other equipment packages to customers bills without their consent, and did not give customers the prepaid $200 Visa cards they promised to give if customers kept up-to-date on their monthly bills for 90 days on their advertisements.<ref>{{Cite web|title=MN sues Comcast alleging overcharges, broken promises|url=https://www.mprnews.org/story/2018/12/21/minnesota-comcast-suit-overcharging-visa-card-promise|access-date=2021-11-21|website=MPR News|date=December 21, 2018 }}</ref> On January 25, 2020, the lawsuit was settled, Comcast being ordered to refund 15,600 customers and give 16,000 other customers debt relief. Comcast was also ordered to disclose the full amounts customers will be charged for using their services on their advertisements.<ref>{{Cite web|title=Comcast/Xfinity to issue refunds to settle Minnesota lawsuit|website=[[Associated Press]]|date=January 15, 2020 |url=https://apnews.com/article/d6c97d0470dbf7757ab2f4bb4f379619}}</ref>

As of fall 2019, Comcast is the last major cable provider or streamer to neglect to carry the [[ACC Network]], prompting some customers to consider [[cord-cutting|cutting the cord]] or switching providers.<ref>[https://www.newsleader.com/story/sports/2019/09/10/acc-network-comcast-negotiations-virginia/2272646001/ ACC fans considering leaving Comcast in order to watch new ACC Network], accessed October 1, 2019</ref><ref name=U-Verse>[https://www.heraldonline.com/sports/college/acc/article235477507.html ACC Fans Celebrate: ACC Network is Finally on U-Verse], accessed October 1, 2019</ref> ''[[Forbes]]'' magazine criticized the decision not to carry the college sports network as violating a fundamental principle of marketing: "never give your customers a reason to switch."<ref>[https://www.forbes.com/sites/kimberlywhitler/2019/09/21/comcast-violates-a-key-marketing-principle-never-give-your-customers-a-reason-to-switch/#76ca756a3325 Comcast Violates a Key Marketing Principle: Never Give Your Customers a Reason to Switch], ''[[Forbes (magazine)|Forbes]]'', accessed October 1, 2019</ref> [[North Carolina]] Governor [[Roy Cooper]] asked Comcast and AT&T to carry the network, after which AT&T did so on their [[U-Verse]] cable service.<ref name=U-Verse/><ref>[http://www.startribune.com/nc-governor-asks-tv-providers-to-reach-acc-network-deals/560886222/ NC Governor Asks TV Providers to Carry ACC Network] {{Webarchive|url=https://web.archive.org/web/20191001153949/http://www.startribune.com/nc-governor-asks-tv-providers-to-reach-acc-network-deals/560886222/ |date=October 1, 2019 }}, accessed October 1, 2019</ref>

In June 2021, the [[U.S. Supreme Court|Supreme Court]] rejected a petition for review by Comcast regarding an anti-trust lawsuit by [[Viamedia, Inc.]] after the [[Biden administration]] had recommended against review.<ref>{{cite news |last1=Gardner |first1=Eriq |title=Supreme Court Won't Stop Antitrust Trial for Comcast |url=https://www.hollywoodreporter.com/business/business-news/supreme-comcast-1234974650/ |access-date=28 June 2021 |work=[[Hollywood Reporter]] |date=28 June 2021}}</ref>

In September 2024, Marc Caputo reported that Comcast had made a $50,000 donation to the anti-abortion PAC Florida Freedom Fund.<ref>{{Cite web |last=Caputo |first=Marc A. |title=Comcast, a Backer of Reproductive Rights, Donates to DeSantis’s Anti-Abortion PAC |url=https://www.thebulwark.com/p/comcast-donation-to-desantis-anti-abortion-pac |access-date=2024-09-29 |website=www.thebulwark.com |language=en}}</ref> Two years earlier, Comcast announced it would give up to $10,000 in travel money to employees living in states with tight abortion restrictions in order to receive abortion care.<ref>{{Cite news |last=Goldberg |first=Emma |date=June 30, 2022 |title=Media companies expand health coverage after the Supreme Court abortion ruling |url=https://www.nytimes.com/2022/06/30/business/media/abortion-travel-expenses-media-companies.html |access-date=28 September 2024 |work=The New York Times}}</ref>

==Carbon footprint==
Comcast reported total [[carbon footprint|CO2e emissions]] (direct + indirect) for the twelve months ending 31 December 2020 at 2,291 Kt (-249 /-9.8% y-o-y).<ref name ="Comcast Total CO2e emissions for 2020Q4">{{Cite web |title=Comcast's ESG Datasheet for 2020Q4 |archive-url=https://web.archive.org/web/20211015213606/https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2021/04/Carbon-Footprint-Data-Report.pdf |url=https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2021/04/Carbon-Footprint-Data-Report.pdf|archive-date=October 15, 2021 }} [https://analytics.exerica.com/App/Name/Comcast/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2020Q4/12 Alt URL]</ref>

{| class="wikitable"
|+ Comcast's annual total [[carbon footprint|CO2e emissions]] (direct + indirect) (in kilotonnes)
|-
! Dec. 2019 !! Dec. 2020
!Dec. 2021
!Dec. 2022
|-
| 2,540<ref>{{Cite web |title=Comcast's ESG Datasheet for 2020Q4 |archive-url=https://web.archive.org/web/20211015213606/https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2021/04/Carbon-Footprint-Data-Report.pdf |url=https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2021/04/Carbon-Footprint-Data-Report.pdf |archive-date=October 15, 2021 }} [https://analytics.exerica.com/App/Name/Comcast/Total%20CO2e%20Emissions%20-%20Location-Based%20Scope%201%20%2b%20Scope%202/2019Q4/12 Alt URL] {{Webarchive|url=https://web.archive.org/web/20211024171211/https://analytics.exerica.com/App/Name/Comcast/Total%2520CO2e%2520Emissions%2520-%2520Location-Based%2520Scope%25201%2520%2B%2520Scope%25202/2019Q4/12 |date=October 24, 2021 }}</ref> || 2,291<ref name="Comcast Total CO2e emissions for 2020Q4"/>
|2,071<ref name="auto1">https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2023/10/2023-CFDR-All-Scopes-Final.pdf {{Bare URL PDF|date=August 2024}}</ref>
|1,978<ref name="auto1"/>
|}

==Notes==
{{Reflist|group=note}}

== References ==
{{Reflist}}

==External links==
{{Commons category-inline}}
*{{Official website|https://corporate.comcast.com}}
{{Finance links
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| google = CMCSA:NASDAQ
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