United States

Profile: Comcast Corp (CMCSA.O)

CMCSA.O on Nasdaq

23 Jan 2017
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Comcast Corporation, incorporated on December 7, 2001, is a media and technology company. The Company's primary businesses include Comcast Cable and NBCUniversal. The Company's Comcast Cable business operates through Cable Communications segment. The Company's NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks. The Company's other business interests consists of Comcast Spectacor, which owns the Philadelphia Flyers, and the Wells Fargo Center arena in Philadelphia, Pennsylvania, and operates from arena management-related businesses.

Cable Communications

The Company's Cable Communications segment consists of the operations of Comcast Cable, which provides video, Internet and voice services (cable services) to residential customers under the XFINITY brand. The Company also provides other services to business customers and sells advertising. The Company offers various video services, including programming provided by national broadcast networks, local broadcast stations, and national and regional cable networks, as well as government and public access programming. The Company's digital video services include access to its On Demand service and on-screen program guide.

The Company offers packages that include foreign-language programming and it also offers other specialty tiers of programming with sports, family and international themes. The Company tailors its video services for a particular geographic area according to local and federal regulatory requirements, programming preferences and demographics. The Company's video customers subscribes to various networks, such as HBO, Showtime, Starz and Cinemax. The Company also offers On Demand service, which provides its digital video customers with approximately 75,000 programming choices and approximately 30,000 in high-definition (HD).

The Company's HD service provides its customers with high-resolution picture and a wide-screen format through HD set-top box. The Company's HD service has a selection of HD programming choices, including broadcast networks, national cable networks, premium networks and regional sports networks. The Company's digital video recorder (DVR) service allows digital video customers to record and store programs on their set-top box and play them. The DVR service also provides the ability to pause and rewind live television.

The Company's X1 service is a cloud-enabled video platform, which provides integrated search functionality, personalized recommendations and access to third-party Internet applications through television sets. The Company also offers its cloud DVR technology in all of its markets. The Company's cloud DVR technology allows its video customers to record television shows and movies from their home using cloud-based servers and view those recordings on mobile devices via its mobile applications. The Company's streaming services provide customers with access to programming via On Demand, online and through its mobile applications.

The Company offers a range of Internet services with downstream speeds of approximately 150 megabytes per second (Mbps), as well as downstream speeds of approximately 500 Mbps in the markets. The Company's services include its online portal and mobile applications, which provide access to e-mail, contacts and calendars, and online security features. The Company also deploys wireless gateways, which combine a customer's wireless router, cable modem and voice adapter to manage multiple Internet-enabled devices used at the same time within the home, which provides Internet speeds and creates an in-home wireless fidelity (Wi-Fi) network.

The Company offers voice services using an interconnected Voice over Internet Protocol (VoIP) technology. The Company offers its cable services to small and medium-sized businesses and also offers services to large enterprises with multiple locations. Its services for business customers include a tool that allows customers to share, coordinate and store documents online, hosted voice services that use cloud network servers, a business directory listing, and additional capacity for multiple phone lines. The Company offers medium-sized businesses and large enterprises Ethernet network services that connects multiple locations and provides downstream and upstream speed options. The Company also offers cellular backhaul services to mobile network operators to help those customers manage network bandwidth.

Cable Networks

The Company's Cable Networks segment consists of a portfolio of national cable networks that provides a range of entertainment, news and information, and sports content; its regional sports and news networks; its international cable networks, and its cable television production operations. The Company also owns various digital media properties, which include brand-aligned Websites. Its regional sports and news networks serves approximately 30 million subscribers across the United States, including key markets, such as Baltimore/Washington, Boston, Chicago, Philadelphia, Portland, Sacramento and San Francisco. The Company markets and distributes its cable network programming in the United States and internationally to multichannel video providers, as well as to subscription video on demand services.

Broadcast Television

The Company's Broadcast Television segment operates the NBC and Telemundo broadcast television networks, which together serves audience and advertisers in approximately 50 states. The Company's Broadcast Television segment also includes the Company owned NBC and Telemundo local broadcast television stations, the NBC Universo national cable network and its broadcast television production operations. The Company's NBC network distributes approximately 5,000 hours of entertainment, news and sports programming annually and its programs reach viewers in virtually all the United States television households through approximately 200 affiliated stations across the United States, including its approximately 10 owned NBC-affiliated local television stations.

The Company's NBC network develops a range of entertainment, news and sports content and also broadcast a range of special-events programming. The Company's NBC network's programming library consists of rights, which varies approximately 100,000 episodes of popular television content, including classic titles, unscripted programming, sports, news, long-form and short-form programming and locally produced programming across the world. In addition, the NBC network owns various digital media properties, which include brand-aligned Websites.

The Company's broadcast television production operations develops and produces content, including scripted and unscripted programming series and talk shows. The Company owns and operates approximately 10 NBC affiliated local broadcast television stations. In addition to airing the NBC network's national programming, its local broadcast television stations produce news, sports, public affairs and other programming that addresses local needs and acquires syndicated programming from other sources.

The Company's Telemundo is a Hispanic media company that produces, acquires and distributes Spanish-language content in the United States and internationally. Telemundo's operations include the Telemundo network and its approximately 20 owned local broadcast television stations and the NBC Universo national cable network. The Telemundo broadcast television network features include telenovelas, movies, news, specials and sporting events. Telemundo develops programming primarily through its production studio and also acquires the rights to content from third parties.

Filmed Entertainment

The Company's Filmed Entertainment segment produces, acquires, markets and distributes both, live-action and animated filmed entertainment across the world. The Company also develops, produces and licenses live stage plays. The Company produces films on its own and jointly with other studios or production companies, as well as with other entities. Its films are produced primarily under the Universal Pictures, Focus Features and Illumination names. Its content consists of theatrical films, direct-to-video titles and its film library, which consists approximately 5,000 titles in a range of genres.

The Company distributes its films across the world by selling them in digital video disc (DVD) to retail stores, rental kiosks and subscription by mail services and by selling electronic copies through digital distributors and the video on demand services provided by multichannel video providers, including its Cable Communications segment. The Company also licenses its films, including selections from its film library, to cable, broadcast and premium networks, to subscription video on demand services and to video on demand and pay-per-view services.

Theme Parks

The Company's Theme Parks segment consists primarily of its Universal theme parks in Orlando, Florida and Hollywood, California. The Company's Universal Orlando consists of approximately two theme parks Universal Studios Florida and Universal's Islands of Adventure, as well as CityWalk, a dining, retail and entertainment complex. Universal Orlando features on-site themed hotels, which the Company owns a non-controlling interest. Its Universal theme park is in Hollywood, California, which consists primarily of Universal Studios Hollywood. In addition, the Company licenses the right to use the Universal Studios brand name and other intellectual property and also provides other services to third parties that owns and operates the Universal Studios Japan theme park in Osaka, Japan and the Universal Studios Singapore theme park on Sentosa Island, Singapore. The Company also owns a water park, Wet 'n Wild, in Orlando, Florida.

The Company competes with DISH Network Corporation, AT&T Corp., CenturyLink, Frontier, Verizon Communications Inc., Google and Skype.

Company Address

Comcast Corp

Comcast Center, 1701 JFK Bouleva
P: +1215.2861700
F: +1215.9817790

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