Comcast - Wikipedia, the free encyclopedia. Comcast Corporation. Logo since 2. 01. NBC peacock, when Comcast bought NBCUniversal. Public. Traded as. Class A NASDAQ: CMCSAClass B special NASDAQ: CMCSKNASDAQ- 1. Components (CMCSA and CMCSK)S& P 5.
Components (CMCSA and CMCSK)Industry. Telecommunications. Mass media. Founded. June 2. 8, 1. 96. Tupelo, Mississippi, United States. Founder. Ralph J.
Roberts. Daniel Aaron[1]Julian A. Brodsky. Headquarters. Philadelphia, Pennsylvania, United States.
Area served. Worldwide[2]Key people. Products. Revenue. Total assets. Total equity. Number of employees. Dec 2. 01. 4)[6]Divisions. Comcast Cable. NBCUniversal[7]Subsidiaries. Websitecorporate.
A hacking group known as NullCrew claims to have hacked Comcast's servers last week, possibly gaining access to user account information. You should change your. Build Your Own Business Bundles with the right combination of Internet, Phone, and TV services from Comcast Business.
Comcast Corporation, formerly registered as Comcast Holdings,[note 1] is an American multinational mass media company and is the largest broadcasting and largest cable company in the world by revenue.[2] It is the second largest pay- TV company after the AT& T- Direc. TV acquisition, largest cable TV company and largest home Internet service provider in the United States,[9] and the nation's third largest home telephone service provider. Comcast services U. S. residential and commercial customers in 4. District of Columbia.[1. The company's headquarters are located in Philadelphia, Pennsylvania.
As the owner of the international media company NBCUniversal since 2. Comcast is a producer of feature films and television programs intended for theatrical exhibition and over- the- air and cable television broadcast. Comcast operates multiple cable- only channels (including E!
Entertainment Television, the Golf Channel, and NBCSN), over- the- air national broadcast network channels (NBC and Telemundo), the film production studio Universal Pictures, and Universal Parks & Resorts, with a global total of nearly 2. U. S. and several other countries including U. A. E., South Korea, Russia and China, with several new locations reportedly planned and being developed for future operation.[1. Comcast also has significant holding in digital distribution (the.
Platform). In February 2. Time Warner Cable in an equity swap deal worth $4. Under the terms of the agreement Comcast was to acquire 1. Time Warner Cable.[1. However, on April 2.
Comcast terminated the agreement. Comcast has been criticized for multiple reasons. The company's customer satisfaction often ranks among the lowest in the cable industry.[1.
Comcast Corporation, formerly registered as Comcast Holdings, [note 1] is an American multinational mass media company and is the largest broadcasting and largest.
Personal newsgroups accounts and ISP Usenet outsourcing with news servers in Europe and North America. Headers not included in download quota, and text articles never. Risk Assessment / Security & Hacktivism DoS attacks that took down big game sites abused Web’s time-sync protocol Never-before-seen technique abused the. Netflix Inc. has agreed to pay Comcast Corp. to ensure Netflix movies and television shows stream smoothly to Comcast customers, a landmark pact that could set a.
Comcast has violated net neutrality practices in the past; and, despite Comcast's commitment to a narrow definition of net neutrality,[1. Comcast's private network services and the rest of the Internet.[2. Critics also point out a lack of competition in the vast majority of Comcast's service area; there is limited competition among cable providers.[2. Given Comcast's negotiating power as a large ISP, some suspect that Comcast could leverage paid peering agreements to unfairly influence end- user connection speeds. Its ownership of both content production (in NBCUniversal) and content distribution (as an ISP) has raised antitrust concerns. These issues, in addition to others, led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 2.
Overview[edit]Leadership[edit]Comcast is sometimes described as a family business.[2. Brian L. Roberts, Chairman, President, and CEO of Comcast, is son of co- founder Ralph Roberts. Roberts owns or controls just over 1% of all Comcast shares but all of the Class B supervoting shares, which gives him an "undilutable 3.
Legal expert Susan P. Crawford has said this gives him "effective control over its [Comcast's] every step".[2. In 2. 01. 0, he was one of the highest- paid executives in the United States, with total compensation of about $3.
Corporate offices[edit]Comcast is headquartered in Philadelphia, Pennsylvania, and also has corporate offices in Atlanta, Detroit, Denver, and Manchester, New Hampshire.[2. On January 3, 2. 00. Comcast announced that it would become the anchor tenant in the new Comcast Center in downtown Philadelphia. The 9. 75 ft (2. 97 m) skyscraper is the tallest building in Pennsylvania. Comcast has begun construction on a second 1,1. Comcast headquarters in the summer of 2. Employee relations[edit]The company is often criticized by both the media and its own staff for its less upstanding policies regarding employee relations.
A 2. 01. 2 Reddit post written by an anonymous Comcast call center employee eager to share their negative experiences with the public received attention from publications including The Huffington Post.[2. A 2. 01. 4 investigative series published by The Verge involved interviews with 1. Comcast's employees.
It sought to examine why the company has become so widely criticized by its customers, the media and even members of its own staff. The series claimed part of the problem is internal and that Comcast's staff endures unreasonable corporate policies.
According to the report: "customer service has been replaced by an obsession with sales; technicians are understaffed while tech support is poorly trained; and the company is hobbled by internal fragmentation."[3. A widely read article penned by an anonymous call center employee working for Comcast appeared in November 2. Cracked. Titled "Five Nightmares You Live While Working For America's Worst Company," the article also claimed that Comcast is obsessed with sales, doesn't train its employees properly and concluded that "the system makes good customer service impossible."[3.
Comcast has also earned a reputation for being anti- union. According to one of the company's training manuals, "Comcast does not feel union representation is in the best interest of its employees, customers, or shareholders".[3. A dispute in 2. 00.
CWA, a labor union that represented many employees at Comcast's offices in Beaverton, Oregon, led to allegations of management intimidating workers, requiring them to attend anti- union meetings and unwarranted disciplinary action for union members.[3. In 2. 01. 1, Comcast received criticism from Writers Guild of America for its policies in regards to unions.[3. Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. In 2. 00. 9, it was included on Cable. FAX magazine's "Top 1. Places to Work in Cable", which cited its "scale, savvy and vision".[3. 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.[3.
The Boston Globe found Comcast to be that city's top place to work in 2. Employee diversity is also an attribute upon which Comcast receives strong marks. In 2. 00. 8, Black Enterprise magazine rated Comcast among the top 1. Comcast was also named a "Top 2. Workplace" by the Washington Post in their annual feature.[4.
Financial performance[edit]The book value of the company nearly doubled from $8. Revenues grew sixfold from 1. Net profit margin rose from 4. Between 1. 99. 9 and 2. Comcast reported first quarter 2.
In February 2. 01. Comcast generated 1. Sochi Olympics.[4. Lobbying and electoral fundraising[edit]With $1. Comcast has the seventh largest lobbying budget of any individual company or organization in the United States.[4. Comcast employs multiple former US Congressmen as lobbyists.[4. 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 $1.
Comcast was among the top backers of Barack Obama's presidential runs, with Comcast vice president David Cohen raising over $2. Cohen has been described by many sources as influential in the US government,[4. Comcast's PAC, the Comcast Corporation and NBCUniversal Political Action Committee, is the among the largest PACs in the US, raising about $3. United States Federal Government.[5. Comcast is also a major backer of the National Cable and Telecommunications Association Political Action Committee, which raised $2. Comcast spent the most money of any organization in support of the Stop Online Piracy and PROTECT IP bills, spending roughly $5 million to lobby for their passage.[5.
Comcast also backs lobbying and PACs on a regional level, backing organizations such as the Tennessee Cable Telecommunications Association[5. Broadband Communications Association of Washington PAC.[5. Comcast and other cable companies have lobbied state governments to pass legislation restricting or banning individual cities from offering public broadband service.[5. Municipal broadband restrictions of varying scope have been passed in a total of 2. US States.[5. 7]Philanthropy[edit]Comcast operates most of its philanthropic programs through its charitable arm, the Comcast Foundation. The organization is particularly focused on minority groups, such as the Hispanic National Council of La Raza. In 2. 01. 4, the foundation reported grants totaling over $5.
Pennsylvania, Ohio, Maryland, and West Virginia.[5. Outside the Comcast Foundation, Comcast offers free or low cost internet to many low income households through a program called "Internet Essentials". Comcast also has run trials for this program for senior citizens in Florida, and for college students in Chicago and Denver. Comcast offers low cost internet and cable service to schools, subsidized by general broadband consumers through the US government's E- Rate program.[5.
Critics have noted that many of the strongest supporters of Comcast's business deals have received substantial funding from the Comcast Foundation.[4. History[edit]American Cable Systems[edit]In 1. Ralph J. Roberts in conjunction with his two business partners, Daniel Aaron[6. Julian A. Brodsky, purchased American Cable Systems[6. Jerrold Electronics, for US $5. At the time, American Cable was a small cable operator in Tupelo, Mississippi, with five channels and 1.
Storecast Corporation of America, a product placement supermarket specialist marketing firm, was purchased by American Cable in 1.
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