Comcast

Company Description

Comcast Corporation is a telecommunications conglomerate. One of the leaders in the US and the world, Comcast operates in broadcasting and cable television, pay-TV, cable TV, home Internet service, and home telephone service. A producer of films and television programs through its subsidiaries NBCUniversal and Universal Pictures, Comcast is also involved in multiple other industries through subsidiaries, including residential cable with Xfinity, commercial services through Comcast Business, TV channels notably with NBC, Telemundo, MSNBC, CNBC, and Sky.

Detailed Description

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment offers broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services. The Media segment operates NBCUniversal's television and streaming platforms, including national, regional, and international cable networks, the NBC and Telemundo broadcast, and Peacock networks. The Studios segment operates NBCUniversal's film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. The Sky segment offers direct-to-consumer services, such as video, broadband, voice and wireless phone services, and content business operates entertainment networks, the Sky News broadcast network, and Sky Sports networks. The company also owns the Philadelphia Flyers, as well as the Wells Fargo Center arena in Philadelphia, Pennsylvania; and provides streaming service, such as Peacock. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Product & Services

BroadbandBroadcastingCable televisionDigital telephoneDirect-broadcast satelliteHDTVHome security systemsInternetPay televisionFilm productionHome videoSport managementTheme parksTV productionMobileVenture capitalVoIP phone

Key People

Founder(s): Ralph J. Roberts

Brian L. Roberts (Chairman & CEO) Michael Cavanagh (S E VP & CFO) David L. Cohen (E VP)

Financials

Revenue: US$103.56 billion (2020)

Operating income: US$17.4 billion (2020)

Net income: US$10.53 billion (2020)

Total assets: US$273.69 billion (2020)

Total equity: US$71.613 billion (2018)