...Abstract Comcast Corp (NASDAQ:CMCSA) is a global media and technology company. The Company's business segments are: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. This segment also provides business services, such as cellular backhaul services to mobile network operators; Ethernet network services; and online advertising services. The Cable Networks segment operates national cable networks, which provide entertainment, news and information, and sports content; regional sports and news networks; international channels; and cable television production operations, as well as owns digital media properties. The Broadcast Television segment operates NBC and Telemundo broadcast networks, NBC and Telemundo owned local broadcast television stations, and broadcast television production operations, as well as owns digital media properties. The Filmed Entertainment segment produces, acquires, markets, and distributes live-action and animated filmed entertainment under the Universal Pictures, Focus Features, and Illumination names. This segment also develops, produces, and licenses stage plays, as well as owns digital media properties. The Theme Parks segment operates theme parks; studios; Island of adventures; and a dining, retail, and entertainment complex. Comcast Corporation was founded...
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...The answer is simple, it is knowledge in investing. Usually losses in investing happen because of lack of knowledge, over confidence, impatience, greed, far, and different delusions. An experienced investor knows that there is a direct proportion between time spent to increase investing skills and return on investment. Looking for an industry or company on where investor should invest, I found cable industry and Comcast Corp. is the nation’s leading cable TV provider, with 22.3 million video subscribers in 39 states and the District of Columbia. Internet service has 18.1 million subs; phone service, 9.3 million. Also has 51%-stake in NBC Universal joint venture, which includes major broadcast and cable networks (NBC,Bravo, USA), film studios (Universal Pictures), digital media, and resort parks. (www.comcast.net). Value line report states that Comcast has Timeliness 1 which representing the highest score achievable and a positive returns in the future. The ranking of Safety and Technical are considerate in a comfort zone, following for a Beta under 1. The Comcast Analysis value line report instates the revenue and share earnings have robust advance of roughly 23% to 25% respectively. Moreover, XFINITY product is gaining its attraction among the consumers and with many additional value added services should open more doors of opportunities within the cable division in the coming year. Knowing more about company stock and what the position in the actual market is; actual price...
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...Comcast Unexpected Layoffs in 2011 Terrica L. Brown COMM 215 May 10, 2013 Charlotte McInnisd Curtis, PhD Comcast Unexpected Lay-offs in 2011 Comcast unexpected layoffs in 2011 were a bad impact on several of my co-works. Imagine coming to work on a Monday morning not knowing that your life would be changed without any prior notice from that day forward. We were not aware of this layoffs and it caught us all by surprise. The layoff left over 30 of my co-workers without a job in 2011. Comcast unexpected lay-offs in 2011 impacted all of their employees lives. We learn about the unexpected layoff two weeks before the company transition from billing and repair to retention. At the beginning of the unexpected layoff, we were all scheduled a meeting with management. Each employee was e-mailed a certain date, time frame, and location to meet with management. When we all sat down to discuss the guidelines, procedures, and the process of the new department, we were all advised that we all had to submit a resume and an application to apply for the new position. The company decided to change our department from Billing and Repair to Retention. The management advised us to prepare an updated resume and to go online internally to apply for the new position. If there were any employees who were currently on a corrective action, that employee would not be eligible to apply for the position, unless the corrective action was about to expire. We were all devastated...
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...Comcast IMC Plan: Sales Promotion: Comcast has the best promotions in mind like sweepstakes, games, gift-with-purchase, events, and customer loyalty programs are all examples of promotions that, if executed properly, can gain great rewards. Internet: Comcast is a well-known brand that offering one of the fastest Internet connections you can find. They have an extensive fiber optics network making uploading and downloading files easy. Comcast also wants their online consumer’s to experience a safe one so they have a set of security tools for their protection. Benefits of Comcast High-Speed Internet Benefits you can expect from your Comcast Internet order: • you can download movies faster, pictures, and large files with no problem • Gamers can play their games with minimal to no lag time • software security provided will keep your computer virus free • Several e-mail accounts • great cable Internet service at an affordable price Advertising: Comcast Spotlight is an advertising sales division of Comcast Cable which helps put the power of cable to use for local, regional and national advertisers. It is focused on providing multi-platform marketing solutions to reach audiences most effectively and efficiently. Specialties Comcast offers online, on-site, on-demand advertising opportunities to businesses large and small. Packaging Strategies: Comcast’s packaging strategy is to bundle and save ordering cable service, internet and phone...
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...obtain Muzak Franchise in 1968 in Orlando, Florida. Ralph Roberts decided on 1969 to change its name from The American Cable Company to Comcast. In 2002 Brian L. Roberts became the new and current CEO of Comcast. Eight years later during 2010 of his ownership, Roberts presented Xfinity as its new brand of technology. Comcast Xfinity is currently not owned by any other company and owns many companies like Comcast Communication LLC, NBCUniversal Media, Comcast Spectacor and...
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...It may take a little longer for a social-responsibility oriented company to net profits, however, receiving acceptance from the public early on often provides greater return to those companies. Body I have chosen to focus on Comcast Cable as a profit-oriented business. While I could not find a company that openly admits to being solely profit oriented, I can’t help but classify Comcast Cable as being such. Ever since Comcast was founded in 1963 by Ralph J. Roberts, Daniel Aaron and Julian A. Brodsky, I have witnessed nothing but takeover after takeover. I often classify Comcast Cable as a monopoly and during recent research, it is evident that I am not the only one. By definition, a monopoly occurs when a single seller dominates trade in a good or service for which buyers can find no close substitutes. A pure monopoly occurs when a firm possesses unique characteristics so important to competition in its industry that they serve as barriers to prevent entry by would-be competitors. (Kurtz, D. 2010, p.78) I have recently learned of a local lawsuit that was filed against Comcast Cable, in which Comcast is being accused of attempting/intending to establish a monopoly in the Philadelphia market. The contents of this lawsuit hope to prove that Comcast struck multiple deals with other competitors to own a market. (O’Donnell M. 2011, September 01) As I am a resident of Philadelphia, it is my personal belief that these allegations are 100% accurate. While yes, I do...
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...Comcast and Time Warner Merger One of the largest and most controversial proposed mergers in recent history is the acquisition of Time Warner Cable by Comcast. This proposed acquisition was structured through a friendly agreement between Time Warner Cable and Comcast. Comcast, the initiator of this merger, is set to acquire Time Warner Cable’s eleven million managed service subscribers, Time Warner’s other equity holdings in areas such as Sterling Enterprises and DukeNet Communications, along with it’s local programming and news stations. The proposed method of financing for this acquisition is a stock-for-stock transaction. Through this Comcast will acquire all of Time Warner’s 284.9 million outstanding shares for an equity stake in Comcast amounting to 45.2 billion dollars at the current market value (Comcast 1). In order to address competitive market failure concerns associated with the proposed acquisition, Comcast structured a mutual agreement with competing firm Charter Communications under which Comcast will divest 1.4 million existing Time Warner Cable customers to Charter for cash, along with a trade of 1.6 million customers between Charter and Comcast in order to promote and greater enhance the geographic market presence of both firms (Kang 2). Through this additional action Comcast and Charter seek to improve operational efficiencies, grow customer satisfaction, and better deploy technology in their respective markets (Comcast 1). As stated earlier this merger...
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...Company: Comcast Industry: Cable Television / Telecommunications Comcast - Background Comcast Corporation is the largest cable operator, internet service provider, and 4th largest home telephone service provider in the United States (Hoovers.com, 2013). Comcast is a member of the Telecommunication / Cable Television industries. Comcast has achieved revenues exceeding $55 billion and $62 billion in 2011 and 2012 respectively (CMCSA.com, 2013). As of the last Fortune 500 report, Comcast ranked #49 in the world and is a member of the S&P 500 (Hoovers.Com, 2013). Comcast is broken into two primary segments: Cable and Programming. Comcast Cable operates within the United States. It provides subscribers access to analog and high definition programming. These subscribers are a mix of residential and business customers. Other offerings include digital video recorders, on demand programming, and premium programming such as HBO, Cinemax, Showtime, and Starz (Gustin, 2012), The Programming segment of Comcast consists of several internally owned networks such as the Golf Channel, Style Channel, the Versus network and many others (Wikinvest, 2013). The revenue derived through these programming channels is based, primarily, in residential and business subscription fees. These fees are passed through to Comcast from providers of multichannel video that have agreements to distribute Comcast’s programming lineup, advertising revenue, and global licensing (Wikinvest, 2013)...
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...AT&T Merging with Comcast Tonya Mealey, Teneisha Bonner, and Richard Chan ECON220-X-1302B-02/Professor Luzius July 14th, 2013 Abstract For our group 5 project, we have collected information about the company AT&T merging with Comcast. In this paper, the industry description introduces the company and explains the history of the company. The supportive argument and the argument against the merger are discussed. Keywords: AT&T, Comcast AT&T Merging with Comcast Initially, Comcast proposed to buy AT&T Broadband for 44.5 billion in assets and 13.5 billion in deficit assumption. AT&T’s committee did not accept the acquisition and Comcast offered to merge with AT&T broadband to establish AT&T Comcast. AT&T assets have been dropping and this coalition would probably help them by letting Comcast, which has a great understanding in the broadband business, work with the many resources AT&T has to present. The merger is set at $72 billion. Comcast thinks the coalition with AT&T will keep them rich and it will get 2.2 million broadband consumers and 22 million co responders, news and entertainment supporters. They are evaluating the merger to decide if the aftermath will be an accomplishment or a downfall (Brinkerhoff, 2010). Industry Description: AT&T, is considered to be a telecommunications industry, and is among the world’s premier voice, video, and data communications companies serving millions of consumers, businesses...
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...Comcast: A Leader in Technology Innovation Overview of Comcast Comcast was founded in 1969 in Pennsylvania by Ralph Roberts, Joe Roberts, and Julian Brodsky after Roberts bid successfully for cable franchises in Philadelphia. After this success he decided to expand the company’s operations further and in 1972 they took the company public due to the stagnation of subscriber rates. Comcast decided to move into the telephone business in 1988 when they purchased Amcell, this was the first time a cable company was able to offer their customers telephone service from another source other than the telephone providers. Ralph Roberts named his son, Brian L. Roberts to be the next president of the company which took everyone by surprise but he turned out to be a very efficient manager. In the mid-1990s there was an increase in activity for the cable and telecommunications industries due to deregulation which brought the cable and telephone companies into competition with one another, an increase of mergers and acquisitions were seen since many companies wanted to build more efficient networks. Microsoft Corporation decided to invest one billion dollars into Comcast so they would have a cable partner that could test “ interactive television and high-speed computer services,” (Funding Universe) they decided to choose Comcast due to them having the most advanced cable systems in the country at the time. Around the same time Microsoft invested, Comcast converted to a new fiber-coaxial...
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...Comcast Corporation is a media and technology company. Its common stock ticker symbol is CMCSA. It was incorporated on December 7, 2001, and it is based out of Philadelphia, Pennsylvania. It is the largest broadcasting, cable and home internet company, and it is the third largest home television service provider. Comcast Corporation is split into two main businesses: Comcast Cable and NBCUniversal. It acquired NBCUniversal in 2011. Comcast Corporation covers five business segments. The Cable Communications segment falls under Comcast Cable. The other four business segments make up NBCUniversal, and they are collectively referred to as the NBCUniversal segments. These four segments include Cable Networks, Broadcast Television, Filmed Entertainment...
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...Article 6 A vision Beyond Cable for Comcast After Merger If Chief executive, Brian Roberts, had his was Comcast would not be cable anymore. They have pushing more into the internet side of things. Nextflix has started paying Comcast for faster internet allowing video streaming easier to stream. Comcast wants to be more of a technology company running against Google, Amazon, Facebook and Apple. They don’t want to wait for cable to die out so Comcast needs to find more ways of doing business. Time warner has business in 29 different states and Comcast and Time warner don’t cross and compete. Since they don’t cross this has no impact on competition. This merger size could end up controlling about 30 percent of the national television subscribers. This will also allow them to lower their prices to compete with Netflix. There have been some antitrust law issues which is used to protect consumers. At one point Time Warner blocked CBS and this did not go over well with their customers and they had to fall to CBS’s demands. Comcast is going to help the Time Warner customers in allowing them to gain access to their new Xfinity wireless gateway. The features of Comcast are way better than that of Time Warner, Comcast’s menu options allowed easier navigation to customers favorite content. They also have an app on smartphones to control the guide. Comcast marginally out performs Time Warner Cable, and are preparing for improvements. Saying everything will change once Xfinity service...
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...Category | PossiblePoints | Points | Comments | Documentation and Formatting | 34 | 34 | | Organization & Cohesiveness | 45 | 45 | | Editing | 34 | 34 | | Content | 112 | 112 | | Total | 225 | 225 | Nice work. | Comcast: Embracing a new cloud based information system Voss Nailing Managerial Applications of Information Technology – MIS535 DeVry University, Keller Graduate School of Management Week 6 Course Project August 16, 2015 Professor Edmead Table of Contents Abstract 3 Brief Company background 3 Discussion of business problem(s) 4 High level solution 4 Benefits of solving the problem 5 Business/technical approach 6 Business process changes 7 Technology or business practices used...
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...Comcast Market Jenifer Reynolds Southern New Hampshire University ECO-201 Cost of Production Cost of production continues to rise for the telecommunications industry. One cost that increases annually are the programming costs. Programming costs are fees that networks charge cable providers so that they may air their channels. “Comcast programming cost made up 38% of its cable communication division total operating cost in 2014.” (Sheffer, 2015) “Today about 45 cents of every dollar of your monthly bill for cable television goes to the programmers whose channels we carry.” (WOW, n.d.) For consumers to receive these channels, Comcast needs to provide infrastructure. Infrastructure is a large portion of costs of cable services. “A total of $216 billion was spent on infrastructure from 1996-2013.” (Sheffer, 2013) There are other cost cable companies incur cost of service and advertising cost. Comcast passes a portion of these cost to their cable subscribers. Last year alone, Comcast’s gross total profits were over 13 million dollars. Comcast’s fixed cost remain constant regardless of the volume of services they provide. Fixed costs include; infrastructure (placement of wire), manager’s salaries and state and federal taxes. However, variable costs fluctuate with the volume of services provided. Examples of variable costs are cost of service and service products. Fixed cost does not influence product decisions, whereas product decisions greatly influence variable...
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...Participating or non-participating 3. Discuss Treasury Stock transactions over the past three years and explain its affect on total stockholder's equity and retained earnings. The portion of shares that a company keeps in their own treasury. Treasury stock may have come from a repurchase or buyback from shareholders; Treasury stock is the portion of shares that a company keeps in their own treasury. Comcast Corp's treasury stock for the quarter that ended in Sep. 2015 was $-7,517 Mil. Category: Retained Earnings 1. Use the following equation and show how the Retained Earnings account has changed over the past two years. Retained earnings, beginning balance + Prior period adjustments = Retained earnings, adjusted balance 2014 + Net Income - Retirement of Treasury stock - Dividends = Retained earnings, ending balance Comcast Corp's retained earnings for the quarter that ended in Sep. 2015 was $20,883 Mil. In 2014 the retained earnings was 21,539 Mil. A loss in a business’s cash flow decreases the retained earnings for Comcast Corporation. Category: Analysis 1....
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