{{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 = Comcast.svg | logo_caption = Logo used as of January 11, 2024 | image = Comcast Philly.JPG | image_caption = Comcast Center, the company's headquarters in Philadelphia | former_names = {{plainlist| * American Cable Systems<br />(1963–1968) * Comcast Holdings<br />(1968–2000) }} | type = Public | traded_as = {{ubl|class=nowrap|{{NASDAQ|CMCSA}} (Class A)|Nasdaq-100 component||S&P 100 component||S&P 500 component}} | industry = {{ubl|Telecommunications|Media|Entertainment}} | products = {{ubl|Cable television|Broadband|Internet service|Broadcasting }} | founded = {{Start date and age|1963|6|28}} in Tupelo, Mississippi, U.S. | founder = Ralph J. Roberts | predecessors = AT&T Broadband | hq_location = Comcast Center | hq_location_city = Philadelphia, Pennsylvania | hq_location_country = United States | area_served = Worldwide | key_people = {{plainlist| * Brian L. Roberts (chairman & co-CEO) * Michael J. Cavanagh (co-CEO) * Jason S. Armstrong (CFO) }} | revenue = {{decrease}} {{US$|123.7 billion|link=yes}} | revenue_year = 2025 | operating_income = {{decrease}} {{US$|20.7 billion}} | income_year = 2025 | net_income = {{increase}} {{US$|20.0 billion}} | net_income_year = 2025 | assets = {{increase}} {{US$|272.6 billion}} | assets_year = 2025 | equity = {{increase}} {{US$|96.9 billion}} | equity_year = 2025 | owner = Brian L. Roberts (1% equity interest, 33% voting power) | num_employees = 179,000 | num_employees_year = 2025 | divisions = {{Ubl|Xfinity|Comcast Spectacor}} | subsid = {{plainlist| * NBCUniversal * Sky Group * Comcast Business * Midco (49%) }} | website = {{URL|https://corporate.comcast.com}} | footnotes = <ref name=":1"/><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 |archive-date=March 20, 2021 |archive-url=https://web.archive.org/web/20210320115837/https://www.reuters.com/companies/CMCSA.OQ |url-status=live }}</ref><ref name="10-K">{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1166691/000162828026004994/cmcsa-20251231.htm |title=Comcast Corporation 2025 Annual Report (Form 10-K) |date=February 3, 2026 |publisher=U.S. Securities and Exchange Commission |website=sec.gov |access-date=February 6, 2026 <!--|archive-date=March 25, 2025 |archive-url=https://web.archive.org/web/20250325060526/https://www.sec.gov/ix?doc=/Archives/edgar/data/1166691/000116669125000011/cmcsa-20241231.htm |url-status=live--> }}</ref> | module = {{infobox network service provider|child=yes|asn=7922}} }}
'''Comcast Corporation''', formerly known as '''Comcast Holdings''',<ref group="note">Before the 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 mass media, telecommunications, and entertainment conglomerate. Comcast's corporate headquarters is at the Comcast Center in Philadelphia,<ref>{{cite web |last1=Levy |first1=Adam |last2=Bass |first2=Frank |date=22 August 2025 |title=The Big 6 Media Companies |url=https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/big-6/ |archive-url=https://web.archive.org/web/20210331140758/https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/big-6/ |archive-date=31 March 2021 |access-date=August 7, 2022 |website=Fool}}</ref> while NBCUniversal, Comcast's New York operations and other major Comcast assets are headquartered at 30 Rockefeller Plaza in Midtown Manhattan in New York City. The company was ranked 51st in the ''Forbes'' Global 2000 in 2023.<ref>{{Cite web |title=The Global 2000 2023 |url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0 |archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0 |archive-date=2024-01-29 |access-date=2024-02-07 |website=Forbes |language=en}}</ref> It is the fourth-largest telecommunications company by worldwide revenue, after AT&T, Verizon, and China Mobile.<ref name="revenue">{{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> Comcast 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.
It 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. The company is also the nation's third-largest home telephone service provider, serving 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>
Comcast has owned NBCUniversal and its various mass media subsidiaries since 2013. It is a high-volume producer of films for theatrical exhibition and television programming through its film studios: Universal Pictures, DreamWorks Animation, Illumination, and Focus Features. Its over-the-air national broadcast network channels include the National Broadcasting Company (NBC, one of America's Big Three television networks), Spanish-language channels Telemundo, TeleXitos, and Universo, television stations like Cozi TV, and pay-TV channel Bravo. NBCUniversal also works in news (NBC News and Noticias Telemundo) and sports (NBC Sports, NBCSN and Telemundo Deportes), bolstered by its 1996 acquisition of professional sports company Spectacor. It owns the video-on-demand streaming service Peacock; its holdings in digital distribution include thePlatform, acquired in 2006; and ad-tech company FreeWheel, acquired in 2014. Comcast has been the parent company of Sky Group since 2018, when it dropped out of the running to buy 21st Century Fox, Sky's then-largest shareholder, and instead acquired the company from Fox and other shareholders. The company also operates theme parks under its Universal Destinations & Experiences subsidiary.
Comcast is criticized and put under intense public scrutiny for a variety of reasons. Its customer satisfaction ratings were among the lowest in the cable industry from 2008 to 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 |archive-date = February 16, 2021 |archive-url = https://web.archive.org/web/20210216230352/https://www.prnewswire.com/news-releases/comcast-is-crowned-consumeristcoms-2010-worst-company-in-america-92097574.html |url-status = live }}</ref><ref name="JDP-score">[http://news.ecoustics.com/bbs/messages/10381/518826.html J.D. Power Releases 2008 Residential Television Service Satisfaction Survey] {{Webarchive|url=https://web.archive.org/web/20091005025055/http://news.ecoustics.com/bbs/messages/10381/518826.html |date=October 5, 2009 }}. News.ecoustics.com. Retrieved on July 8, 2011.</ref> It has violated net neutrality practices; it has offered a 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 |archive-date = February 1, 2021 |archive-url = https://web.archive.org/web/20210201031543/https://www.cnet.com/news/netflixs-hastings-makes-the-case-for-net-neutrality/ |url-status = live }}</ref> that critics say ignores the difference between Comcast's private network services and the rest of the Internet.<ref name="FCC-VOIP">{{Cite news |title=FCC fingers Comcast VoIP favoritism |url=https://www.theregister.co.uk/2009/01/21/fcc_letter_comcast_voip_traffic_management/ |archive-url=https://web.archive.org/web/20190611131302/https://www.theregister.co.uk/2009/01/21/fcc_letter_comcast_voip_traffic_management/ |archive-date=June 11, 2019 |access-date=2025-06-10 |language=en |url-status=live }}</ref> Critics also note a lack of competition in the vast majority of Comcast's service areas; in particular, the limited competition among cable providers.<ref>{{cite news |author=Hiltzik |first=Michael |date=August 23, 2013 |title=Cable monopolies hurt consumers and the nation |url=https://www.latimes.com/business/la-xpm-2013-aug-23-la-fi-hiltzik-20130823-story.html |url-status=live |archive-url=https://web.archive.org/web/20130902143521/http://articles.latimes.com/2013/aug/23/business/la-fi-hiltzik-20130823 |archive-date=September 2, 2013 |access-date=March 31, 2014 |website=Los Angeles Times}}</ref> Given its negotiating power as a large ISP, some suspect that it could use paid peering agreements to unfairly influence end-user connection speeds. Comcast's ownership of both content production (in NBCUniversal) and distribution (as an ISP) has raised antitrust concerns that scuttled the company's 2014 effort to acquire Time Warner Cable. Comcast was dubbed "The Worst Company in America" by ''The Consumerist'' in 2010 and 2014.<ref name=":0" /><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 |archive-date = May 6, 2021 |archive-url = https://web.archive.org/web/20210506121329/https://www.salon.com/2014/08/29/why_comcast_is_the_worst_company_in_america/ |url-status = live }}</ref>
==History== 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 |archive-date = October 11, 2021 |archive-url = https://web.archive.org/web/20211011032230/https://www.nytimes.com/2003/02/24/business/daniel-aaron-77-a-founder-of-comcast-cable-television.html |url-status = live }}</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 |archive-date = March 4, 2016 |archive-url = https://web.archive.org/web/20160304083012/http://www.seattletimes.com/business/a-look-at-comcasts-changes-over-the-decades/ |url-status = live }}</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|archive-date=October 23, 2018|archive-url=https://web.archive.org/web/20181023234244/https://www.wsj.com/articles/standing-between-comcast-and-fox-media-titans-rocky-relationship-1529617091|url-status=live}}</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="timeline">{{Cite news |last=James |first=Meg |date=June 26, 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 |archive-date=November 21, 2018 |archive-url=https://web.archive.org/web/20181121072626/https://www.latimes.com/business/la-et-ct-comcast-milestones-20140629-story.html |url-status=live }}</ref>
===Comcast=== thumb|Comcast's first 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, on the National Association of Securities Dealers Automated Quotation System (NASDAQ), a then-recently established stock exchange, 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|archive-date=October 23, 2018|archive-url=https://web.archive.org/web/20181023200047/https://variety.com/2015/tv/news/comcast-founder-ralph-roberts-dead-95-1201523791/|url-status=live}}</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|archive-date=May 21, 2013|archive-url=https://web.archive.org/web/20130521034747/http://edgar.secdatabase.com/2755/95010304000202/filing-main.htm|url-status=live}}</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|archive-date=June 5, 2023|archive-url=https://web.archive.org/web/20230605094200/https://www.nytimes.com/1985/12/25/business/group-w-cable-sold-to-5-buyers.html|url-status=live}}</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 |archive-date = October 19, 2021 |archive-url = https://web.archive.org/web/20211019034833/https://www.nytimes.com/1988/04/25/business/2-cable-tv-companies-to-buy-sci.html |url-status = live }}</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|archive-date=April 25, 2021|archive-url=https://web.archive.org/web/20210425041207/https://www.nytimes.com/1988/02/11/business/company-news-american-cellular-deal.html|url-status=live}}</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 |archive-date = June 8, 2023 |archive-url = https://web.archive.org/web/20230608013836/https://www.nytimes.com/1990/02/08/business/business-people-son-succeeds-father-as-comcast-president.html |url-status = live }}</ref> Ralph Roberts established ''The Comcast Fund'', a foundation that supports innovative ideas and research in technology and public policy. Daniel Aaron retired, although he remained on the company's board.<ref>{{Cite news |last=Dwornik |first=Małgorzata |date=2025-03-31 |title=History of Comcast. How a modest cable company became a media giant |url=https://reporterzy.info/en/5002,history-of-comcast-how-a-modest-cable-company-became-a-media-giant |access-date=22 January 2026 |work=Reporterzy.info |pages=en |archive-date=May 21, 2025 |archive-url=https://web.archive.org/web/20250521120710/https://reporterzy.info/en/5002,history-of-comcast-how-a-modest-cable-company-became-a-media-giant |url-status=live }}</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 |archive-date=June 6, 2023 |archive-url=https://web.archive.org/web/20230606200644/https://www.nytimes.com/1992/03/06/business/the-media-business-cellular-deal-for-comcast.html |url-status=live }}</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|archive-date=June 7, 2023|archive-url=https://web.archive.org/web/20230607194638/http://getfilings.com/o0000950159-95-000013.html|url-status=dead}}</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 | archive-date = April 23, 2019 | archive-url = https://web.archive.org/web/20190423134908/https://www.latimes.com/archives/la-xpm-1994-06-20-fi-6190-story.html | url-status = live }}</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 |archive-date = June 6, 2023 |archive-url = https://web.archive.org/web/20230606004433/https://www.nytimes.com/1995/10/30/business/comcast-to-buy-cable-division-from-scripps.html |url-status = live }}</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 name="timeline" /> In 1997, Microsoft invested $1 billion in Comcast, and the company launched its digital television service.<ref name="timeline"/> 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 and Union, New Jersey areas. {{Citation needed|date=November 2018}}
Comcast's cable acquisitions in 1997 were 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 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|archive-date=March 9, 2014|archive-url=https://web.archive.org/web/20140309122624/http://www.nytimes.com/1998/02/06/business/company-news-ntl-agrees-to-buy-comcast-uk-for-600-million.html|url-status=live}}</ref> In 1999, Comcast sold Comcast Cellular to SBC Communications for $400 million, releasing it 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 |archive-date = June 7, 2023 |archive-url = https://web.archive.org/web/20230607151505/https://www.nytimes.com/1999/01/21/business/the-media-business-sbc-communications-to-buy-comcast-cellular-operations.html |url-status = live }}</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|archive-date=November 21, 2018|archive-url=https://web.archive.org/web/20181121022128/https://www.nytimes.com/1999/02/19/business/company-news-comcast-to-pick-up-greater-philadelphia-cablevision.html|url-status=live}}</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|archive-date=September 30, 2023|archive-url=https://web.archive.org/web/20230930102620/https://money.cnn.com/1999/11/16/deals/comcast/|url-status=dead}}</ref><ref name="lenfest">{{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|archive-date=June 7, 2023|archive-url=https://web.archive.org/web/20230607132524/https://corporate.comcast.com/news-information/news-feed/comcast-to-acquire-lenfest|url-status=live}}</ref> This consolidated Comcast's control over all of the Philadelphia region, and earned it approximately 1.3 million additional cable subscribers.<ref name="lenfest"/> 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|archive-date=April 10, 2020|archive-url=https://web.archive.org/web/20200410042100/http://getfilings.com/o0000950159-01-000150.html|url-status=live}}</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|archive-date=May 31, 2023|archive-url=https://web.archive.org/web/20230531130757/https://www.newspapers.com/image/183695824/|url-status=live}}</ref>
=== Largest American cable provider (2001–present) ===
thumb|right|Proposed merger name logo, 2001
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 | archive-date = May 20, 2013 | archive-url = https://web.archive.org/web/20130520230143/http://edgar.secdatabase.com/86/89882201501011/filing-main.htm | url-status = live }}</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 | archive-date = May 20, 2013 | archive-url = https://web.archive.org/web/20130520230407/http://edgar.secdatabase.com/2646/89882202001405/filing-main.htm | url-status = live }}</ref> This spurred the start of Comcast Advertising Sales (using AT&T's groundwork) which would later be renamed Comcast Spotlight, then Effectv, A Comcast Company and is now known as Comcast Advertising. 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 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|archive-date=October 23, 2018|archive-url=https://web.archive.org/web/20181023202910/https://www.nytimes.com/2003/12/12/business/company-news-comcast-buys-tribune-s-stake-in-golf-channel.html|url-status=live}}</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|archive-date=March 10, 2014|archive-url=https://web.archive.org/web/20140310215427/http://www.nytimes.com/2002/01/04/business/technology-comcast-copes-with-internet-problems.html|url-status=live}}</ref>
thumb|right|Comcast's second logo introduced on December 12, 1999; used from 2000 until 2006.
On February 11, 2004, Comcast announced a $54 billion bid for Disney, including taking on $12 billion of Disney's debt.<ref name=":1" /> 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 | archive-date = May 21, 2013 | archive-url = https://web.archive.org/web/20130521000551/http://edgar.secdatabase.com/2758/95010304000205/filing-main.htm | url-status = live }}</ref><ref name=":1">{{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 |archive-date = June 6, 2023 |archive-url = https://web.archive.org/web/20230606065700/https://money.cnn.com/2004/02/11/news/companies/comcast_disney/ |url-status = dead }}</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 | archive-date = May 21, 2013 | archive-url = https://web.archive.org/web/20130521005128/http://edgar.secdatabase.com/138/95010304000584/filing-main.htm | url-status = live }}</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|archive-date=February 22, 2014|archive-url=https://web.archive.org/web/20140222143543/http://www.internetnews.com/bus-news/article.php/2231481/Comcast+Selling+QVC+for+79B.htm|url-status=live}}</ref>
thumb|right|Comcast's third logo from 2006 until December 31, 2012.
On April 8, 2005, a partnership led by Comcast and Sony Pictures Entertainment finalized a deal to acquire 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 | archive-date = May 21, 2013 | archive-url = https://web.archive.org/web/20130521004952/http://edgar.secdatabase.com/496/119163804001658/filing-main.htm | url-status = live }}</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 | archive-date = May 21, 2013 | archive-url = https://web.archive.org/web/20130521002827/http://edgar.secdatabase.com/785/119163805000614/filing-main.htm | url-status = live }}</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 | archive-date = May 21, 2013 | archive-url = https://web.archive.org/web/20130521003940/http://pdf.secdatabase.com/972/0000950144-05-010959.pdf | url-status = live }}</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 | archive-date = May 21, 2013 | archive-url = https://web.archive.org/web/20130521001202/http://pdf.secdatabase.com/409/0001193125-06-036698.pdf | url-status = live }}</ref> Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, 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|archive-date=January 10, 2019|archive-url=https://web.archive.org/web/20190110234907/https://www.seattlepi.com/business/article/Comcast-buys-Seattle-s-thePlatform-1207391.php|url-status=live}}</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 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|access-date=January 10, 2019|archive-date=January 10, 2019|archive-url=https://web.archive.org/web/20190110235103/https://www.wsj.com/articles/SB117560473854158193|url-status=live}}</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=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)|archive-date=October 1, 2011|archive-url=https://web.archive.org/web/20111001125712/http://www.beepcentral.com/story.aspx?story=25592|url-status=live}}</ref> There was also Cloudmark spam and phishing protection and Trend Micro 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 | Outside the Lines – CNET News |publisher = CNET |date = May 14, 2008 |access-date = February 25, 2010 |archive-date = August 18, 2023 |archive-url = https://web.archive.org/web/20230818024005/https://www.cnet.com/culture/comcast-goes-social-with-plaxo-acquisition/ |url-status = live }}</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 | archive-date = August 31, 2011 | archive-url = https://web.archive.org/web/20110831200756/http://consumerist.com/2010/04/congratulations-comcast-youre-the-worst-company-in-america.html | url-status = dead }}</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 its customer base to its 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 | archive-date = September 21, 2011 | archive-url = https://web.archive.org/web/20110921045606/http://consumerist.com/2010/04/comcast-we-dont-want-to-be-worst-company-in-america-again.html | url-status = dead }}</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|archive-date=February 23, 2017|archive-url=https://web.archive.org/web/20170223221508/http://www.phillymag.com/business/2017/02/23/comcast-technician-tracker/|url-status=live}}</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+, promising 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 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 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 | archive-date = January 18, 2023 | archive-url = https://web.archive.org/web/20230118185942/http://pdf.secdatabase.com/2179/0000950103-05-001292.pdf | url-status = live }}</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 |archive-date = April 6, 2023 |archive-url = https://web.archive.org/web/20230406025716/https://money.cnn.com/2005/04/21/technology/adelphia/index.htm |url-status = dead }}</ref><ref>{{cite news |last=Key |first=Peter |date=December 15, 2005 |title=Comcast adjusts to accommodate Adelphia deal |url=http://www.bizjournals.com/philadelphia/stories/2005/12/12/daily37.html |access-date=22 January 2026 |work=Philadelphia Business Journal |archive-date=October 1, 2022 |archive-url=https://web.archive.org/web/20221001145014/https://www.bizjournals.com/philadelphia/stories/2005/12/12/daily37.html |url-status=live }}</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 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.
==== Strata ==== Comcast acquired Strata Marketing Inc. in 2005.{{Citation needed|date=May 2026}}The company that became Strata was founded in 1983 by Roger Skolnik, PhD, an adjunct professor at the University of Illinois at Chicago. Skolnik had been national program director for Westinghouse Broadcasting (Group W), based at WIND (AM) Chicago, before moving to WRIF Detroit and ABC-owned WDAI (now WLS-FM) in Chicago. These experiences led him to develop methods for analyzing radio audience information and making it available for both sales and programming. To develop and market software tools for these methods he launched Media Service Concepts. Skolnik's first MSC product was Radio RECALL, programmed by Kevin Killion (whose Stone House Systems, Inc. later created the TView television planning system). Renamed as Strata Marketing, the company originally developed tools for radio stations to use in interpreting and understanding Arbitron radio surveys. Skolnik continued to guide Strata until his death in 1994.<ref>{{cite news|title=Roger Skolnik, Radio Exec|publisher=Chicago Tribune|date=November 7, 1994}}</ref>
====NBCUniversal==== {{Further|Acquisition of NBC Universal by Comcast}} thumb|NBCUniversal logo since January 5, 2026.
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>{{Cite web |title=Media reports: Comcast in talks to buy NBC Universal |url=http://www.ajc.com/business/media-reports-comcast-in-151625.html |url-status=dead |archive-url=https://web.archive.org/web/20091002174648/http://www.ajc.com/business/media-reports-comcast-in-151625.html |archive-date=2009-10-02 |access-date=2026-01-21 |website=www.ajc.com}}</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 MS NOW (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>{{Cite web |last=Faber |first=David |date=2009-10-01 |title=GE Is in Talks to Spin Off NBC, Give Comcast 51% of New Unit |url=https://www.cnbc.com/2009/10/01/ge-is-in-talks-to-spin-off-nbc-give-comcast-51-of-new-unit.html |access-date=2026-01-21 |website=CNBC |language=en |archive-date=September 4, 2025 |archive-url=https://web.archive.org/web/20250904034542/https://www.cnbc.com/2009/10/01/ge-is-in-talks-to-spin-off-nbc-give-comcast-51-of-new-unit.html |url-status=live }}</ref><ref>{{Cite web |last=Stelter |first=Brian |date=2009-10-01 |title=GE and Comcast Exploring a Spinoff of NBC Universal |url=https://archive.nytimes.com/mediadecoder.blogs.nytimes.com/2009/10/01/ge-and-comcast-exploring-a-spin-off-of-nbc-universal/ |access-date=2026-01-21 |website=The New York Times |language=en}}</ref> Vivendi, which owned 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>{{Cite news |last=Malone |first=Scott |date=October 2, 2009 |title=GE investors breathe sigh of relief on Comcast talk |url=https://www.reuters.com/article/americasDealsNews/idUSTRE5906P120091001 |archive-url=https://web.archive.org/web/20230606003153/https://www.reuters.com/article/americasDealsNews/idUSTRE5906P120091001 |archive-date=June 6, 2023 |access-date=2026-01-21 |work=U.S. |language=en-US |url-status=live }}</ref><ref>{{Cite web |last=Fernandez |first=Bob |date=2009-10-03 |title=Questions continue to swirl around Comcast venture |url=https://www.inquirer.com/philly/news/homepage/20091003_Questions_continue_to_swirl_around_Comcast_venture.html |access-date=2026-01-21 |website=Inquirer.com |language=en |archive-date=December 5, 2025 |archive-url=https://web.archive.org/web/20251205044841/https://www.inquirer.com/philly/news/homepage/20091003_Questions_continue_to_swirl_around_Comcast_venture.html |url-status=live }}</ref> It was also reported that Time Warner would be interested in placing a bid, until CEO Jeffrey L. Bewkes directly denied interest,<ref>{{Cite web |date=2009-10-02 |title=Time Warner Says It Won't Bid For NBC Universal |url=https://www.cbsnews.com/news/time-warner-says-it-wont-bid-for-nbc-universal/ |access-date=2026-01-21 |website=CBS News |language=en-US}}</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>{{Cite news |last1=Merced |first1=Michael J. de la |last2=Sorkin |first2=Andrew Ross |date=2009-11-02 |title=Comcast Said to Be Close to Gaining NBC Universal |url=https://www.nytimes.com/2009/11/02/business/media/02nbc.html |archive-url=https://web.archive.org/web/20250908031848/https://www.nytimes.com/2009/11/02/business/media/02nbc.html |archive-date=September 8, 2025 |access-date=2026-01-21 |work=The New York Times |language=en |url-status=live }}</ref>
thumb|Logo used from January 1, 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 billion in cash and $7.3 billion in programming on December 3.<ref name="Comcast-Dec-2009-8-K">{{cite web |date=4 December 2009 |title=Comcast, Form 8-K, Current Report, Filing Date Dec 4, 2009 |url=http://pdf.secdatabase.com/377/0000950103-09-003155.pdf |access-date=22 January 2026 |website=SEC |publisher=secdatabase.com |archive-date=April 4, 2023 |archive-url=https://web.archive.org/web/20230404033804/http://pdf.secdatabase.com/377/0000950103-09-003155.pdf |url-status=live }}</ref><ref name="comcastnbc">{{Cite news |last1=Wilkerson |first1=David B. |last2=Goldstein |first2=Steven |date=December 3, 2009 |title=Comcast scores controlling stake in NBC Universal |url=https://www.marketwatch.com/story/comcast-to-buy-nbc-stake-as-venture-formed-2009-12-03 |access-date=22 January 2026 |work=MarketWatch |publisher=The Wall Street Journal Digital Network}}</ref><ref>{{cite news |last=Goldman |first=David |date=December 3, 2009 |title=GE, Comcast announce joint NBC deal |url=https://money.cnn.com/2009/12/03/news/companies/comcast_nbc/index.htm |url-status=dead |archive-url=https://web.archive.org/web/20241010113542/https://money.cnn.com/2009/12/03/news/companies/comcast_nbc/index.htm |archive-date=2024-10-10 |access-date=22 January 2026 |work=CNN}}</ref> GE would take over the remaining 49% stake in NBC Universal, using $5.8 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>{{Cite web |last1=Stelter |first1=Brian |last2=Arango |first2=Tim |date=2011-01-18 |title=Comcast-NBC Deal Wins Federal Approval |url=https://archive.nytimes.com/mediadecoder.blogs.nytimes.com/2011/01/18/f-c-c-approves-comcast-nbc-deal/ |access-date=2026-01-21 |website=Media Decoder Blog |language=en |archive-date=September 19, 2025 |archive-url=https://web.archive.org/web/20250919014421/https://archive.nytimes.com/mediadecoder.blogs.nytimes.com/2011/01/18/f-c-c-approves-comcast-nbc-deal/ |url-status=live }}</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 |archive-date = February 9, 2017 |archive-url = https://web.archive.org/web/20170209210637/https://www.bloomberg.com/news/2011-01-18/comcast-nbc-universal-deal-said-to-be-near-u-s-fcc-approval.html/ |url-status = live }}</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 |archive-date=October 4, 2022 |archive-url=https://web.archive.org/web/20221004170845/https://variety.com/2011/tv/news/comcast-nbc-u-merger-a-done-deal-1118031139/ |url-status=live }}</ref><ref>{{Cite web |last= |first= |date=29 January 2011 |title=Comcast Takes Over NBC Universal After Long Review |url=http://abcnews.go.com/Entertainment/wireStory?id=12792681 |url-status=dead |archive-url=https://web.archive.org/web/20110202130955/http://abcnews.go.com/Entertainment/wireStory?id=12792681 |archive-date=2011-02-02 |access-date=2026-01-21 |website=ABC News}}</ref> In December 2012, Comcast adopted a new corporate logo, which incorporates 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 |archive-date = August 6, 2020 |archive-url = https://web.archive.org/web/20200806004221/https://www.hollywoodreporter.com/news/comcast-adds-nbc-peacock-corporate-400477 |url-status = live }}</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] {{Webarchive|url=https://web.archive.org/web/20130224150514/http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-comcast-acquires-all-of-nbcuniversal-20130212,0,1768522.story |date=February 24, 2013 }} 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 |archive-date=October 4, 2022 |archive-url=https://web.archive.org/web/20221004170845/https://deadline.com/2013/02/comcast-to-pay-16-7b-for-general-electrics-49-of-nbc-universl-428826/ |url-status=live }}</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 |archive-date=October 8, 2022 |archive-url=https://web.archive.org/web/20221008074752/https://archive.nytimes.com/mediadecoder.blogs.nytimes.com/2013/02/12/comcast-buying-g-e-s-stake-in-nbcuniversal-for-16-7-billion/ |url-status=live }}</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 |archive-date=March 27, 2019 |archive-url=https://web.archive.org/web/20190327122300/https://deadline.com/2013/03/comcast-completes-acquisition-nbcuniversal-457181/ |url-status=live }}</ref>
Comcast reported that third-quarter net profits in 2020 fell 37% 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 Studios and movie theaters, with revenues falling 4.8%. With its theme park in California being closed since March 2020 and limited capacity at locations in Florida and Japan, the company was prompted to lay off a number of its employees; revenue for its theme park locations fell 81% 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|archive-date=October 30, 2020|archive-url=https://web.archive.org/web/20201030122735/https://www.wsj.com/articles/comcast-burdened-by-covid-19-impact-on-theme-parks-movie-studio-11603969303|url-status=live}}</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 |archive-date=June 22, 2024 |archive-url=https://web.archive.org/web/20240622035755/https://www.reuters.com/technology/comcast-starlink-sign-deal-provide-satellite-based-connectivity-businesses-2024-06-21/ |url-status=live }}</ref>
====Failed purchase of Time Warner Cable==== {{main|Attempted acquisition 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 |last1=James |first1=Meg |last2=Flint |first2=Joe |date=February 12, 2014 |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 |access-date=22 January 2026 |newspaper=Los Angeles Times |archive-date=April 22, 2014 |archive-url=https://web.archive.org/web/20140422071827/http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-comcast-strikes-deal-to-buy-time-warner-cable-20140212,0,3700600.story#axzz2tJmR6Qzd |url-status=live }}</ref> On February 13, it was reported that Time Warner Cable agreed to the acquisition.<ref>{{cite news |last1=Sherman |first1=Alex |last2=McCracken |first2=Jeffrey |last3=Lee |first3=Edmund |date=February 13, 2014 |title=Comcast Agrees to Buy Time Warner Cable for $45.2 Billion |url=https://www.bloomberg.com/news/2014-02-12/comcast-said-to-agree-to-pay-159-a-share-for-time-warner-cable.html |access-date=22 January 2026 |newspaper=Bloomberg |archive-date=January 11, 2015 |archive-url=https://web.archive.org/web/20150111064631/http://www.bloomberg.com/news/2014-02-12/comcast-said-to-agree-to-pay-159-a-share-for-time-warner-cable.html |url-status=live }}</ref> This was to add several metropolitan areas to the Comcast portfolio, such as New York City, Los Angeles, Dallas–Fort Worth, Cleveland, Columbus, Cincinnati, Charlotte, San Diego, and San Antonio.<ref>{{cite news |last=Savov |first=Vlad |date=February 13, 2014 |title=Comcast confirms $45 billion merger with Time Warner Cable |url=https://www.theverge.com/2014/2/13/5407704/comcast-confirms-45-billion-acquisition-of-time-warner-cable |access-date=22 January 2026 |newspaper=The Verge |archive-date=October 1, 2023 |archive-url=https://web.archive.org/web/20231001133849/https://www.theverge.com/2014/2/13/5407704/comcast-confirms-45-billion-acquisition-of-time-warner-cable |url-status=live }}</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 |archive-date = March 28, 2014 |archive-url = https://web.archive.org/web/20140328042140/http://online.wsj.com/article/PR-CO-20140213-908767.html |url-status = live }}</ref>
In 2014, critics expressed concern that the deal would give Comcast greater negotiating power in a number of areas, including rebroadcast fees 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 |archive-date = May 31, 2023 |archive-url = https://web.archive.org/web/20230531221550/https://www.forbes.com/sites/jeffbercovici/2014/02/13/what-the-comcast-time-warner-cable-merger-means-for-tv-viewers/ |url-status = live }}</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 |archive-date = June 3, 2023 |archive-url = https://web.archive.org/web/20230603031936/https://www.theverge.com/2014/3/19/5526820/al-franken-says-comcast-buying-twc-threatens-open-nature-internet |url-status = live }}</ref>
Critics noted in 2013 that 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 |archive-date = April 4, 2023 |archive-url = https://web.archive.org/web/20230404083943/https://arstechnica.com/tech-policy/2013/10/ex-cable-and-wireless-lobbyist-confirmed-as-fcc-chairman/ |url-status = live }}</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 |archive-date = February 14, 2014 |archive-url = https://web.archive.org/web/20140214101033/http://www.newyorker.com/online/blogs/comment/2014/02/comcast-time-warner-acquisition-competition-cable-internet-monopoly.html |url-status = live }}</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). [https://www.politico.com/story/2014/03/comcast-cash-spread-wide-on-capitol-hill-104469.html#ixzz2vew7KkGv Comcast spreads cash wide on Capitol Hill] {{Webarchive|url=https://web.archive.org/web/20250904103600/https://www.politico.com/story/2014/03/comcast-cash-spread-wide-on-capitol-hill-104469.html#ixzz2vew7KkGv |date=September 4, 2025 }}. ''Politico.'' Retrieved March 11, 2014.</ref> The 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 |archive-date = March 24, 2014 |archive-url = https://web.archive.org/web/20140324034006/http://news.yahoo.com/us-confirms-antitrust-probe-comcast-twc-deal-180451010.html |url-status = live }}</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 |archive-date = June 8, 2023 |archive-url = https://web.archive.org/web/20230608025127/https://www.reuters.com/article/us-timewarnercable-comcast-idUSBREA2I0XL20140319 |url-status = live }}</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 |archive-date = August 6, 2023 |archive-url = https://web.archive.org/web/20230806150018/https://www.nytimes.com/2015/04/24/business/media/comcast-time-warner-cable-merger.html |url-status = live }}</ref>
In August 2015, Comcast announced that it would increase Internet speeds for low-income customers from 5 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 |archive-date = September 9, 2015 |archive-url = https://web.archive.org/web/20150909052604/https://www.bostonglobe.com/business/2015/08/04/comcast-speeding-its-discounted-internet-service/bZdG8mR0Dtf0vI1LUyEFzH/story.html |url-status = live }}</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 |archive-date = April 15, 2016 |archive-url = https://web.archive.org/web/20160415045408/http://variety.com/2015/digital/news/comcast-watchable-launch-1201604855/ |url-status = live }}</ref> The move was seen by ''Variety'' as an attempt to appeal to the cord-cutting market.<ref name="watchablevar"/>
====DreamWorks Animation==== {{Main|DreamWorks Animation}}
On April 26, 2016, The Wall Street Journal reported that Comcast was in talks to acquire DreamWorks Animation for more than $3 billion, following failed merger talks with Hasbro and SoftBank in 2014.<ref>{{cite web|title=Comcast Talking To DreamWorks Animation About $3B Acquisition – Report|url=https://deadline.com/2016/04/comcast-buy-dreamworks-animation-3b-1201744968/|website=Deadline Hollywood|date=April 26, 2016|access-date=September 24, 2025|archive-date=April 27, 2016|archive-url=https://web.archive.org/web/20160427164454/https://deadline.com/2016/04/comcast-buy-dreamworks-animation-3b-1201744968/|url-status=live}}</ref> Two days later on April 28, 2016, Comcast officially announced its NBCUniversal subsidiary will acquire DreamWorks Animation for a total of $3.8 billion.<ref>{{cite web |author=Peter Spence |date=April 28, 2016 |title=Comcast to buy DreamWorks Animation for £2.6bn |url=https://www.telegraph.co.uk/business/2016/04/28/comcast-to-buy-dreamworks-animation-for-26bn/ |access-date=22 January 2026 |work=The Telegraph |archive-date=June 2, 2023 |archive-url=https://web.archive.org/web/20230602111706/https://www.telegraph.co.uk/business/2016/04/28/comcast-to-buy-dreamworks-animation-for-26bn/ |url-status=live }}</ref><ref>{{cite web |author=Anousha Sakoui |date=April 27, 2016 |title=Comcast in Discussions to Buy DreamWorks Animation, WSJ Reports |url=https://www.bloomberg.com/news/articles/2016-04-27/comcast-in-discussions-to-buy-dreamworks-animation-wsj-reports |access-date=22 January 2026 |work=Bloomberg.com |archive-date=March 31, 2022 |archive-url=https://web.archive.org/web/20220331222035/https://www.bloomberg.com/news/articles/2016-04-27/comcast-in-discussions-to-buy-dreamworks-animation-wsj-reports |url-status=live }}</ref> The acquisition completed on August 22, 2016; DreamWorks Animation was integrated into Universal Filmed Entertainment as part of Universal Pictures.<ref>{{cite web |last=McNary |first=Dave |date=August 22, 2016 |title=Comcast Completes $3.8 Billion Purchase of DreamWorks Animation |url=https://variety.com/2016/film/news/comcast-completes-dreamworks-animation-purchase-1201842240/ |access-date=22 January 2026 |website=Variety |archive-date=October 24, 2016 |archive-url=https://web.archive.org/web/20161024034426/http://variety.com/2016/film/news/comcast-completes-dreamworks-animation-purchase-1201842240/ |url-status=live }}</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 expired, following the release of ''Captain Underpants: The First Epic Movie'' in 2017.
====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 name="verge-comcastmvno" /> The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services.<ref name="verge-comcastmvno">{{cite web |last=Welch |first=Chris |date=September 20, 2016 |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 |access-date=October 8, 2016 |website=The Verge |archive-date=November 8, 2020 |archive-url=https://web.archive.org/web/20201108114750/https://www.theverge.com/2016/9/20/12986872/comcast-mobile-network-verizon-mvno-2017 |url-status=live }}</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 | archive-date = August 1, 2020 | archive-url = https://web.archive.org/web/20200801004517/https://www.fool.com/investing/2016/09/25/comcast-is-launching-a-wireless-service-next-year.aspx | url-status = live }}</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|archive-date=December 25, 2018|archive-url=https://web.archive.org/web/20181225154447/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|url-status=live}}</ref>
==== Attempted acquisition of Fox and subsequent acquisition 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 had negotiated with Fox to acquire the same assets. Like Disney, the deal included the 20th Century Fox film and television studios (Universal Pictures and Universal Television's respective rivals), 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, 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|archive-date=June 28, 2018|archive-url=https://web.archive.org/web/20180628233812/https://deadline.com/2017/11/comcast-21st-century-fox-acquisition-talks-report-1202210244/|url-status=live}}</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|archive-date=November 9, 2020|archive-url=https://web.archive.org/web/20201109042941/https://www.reuters.com/article/us-fox-m-a-comcast-exclusive/comcast-drops-bid-for-fox-assets-leaving-disney-in-pole-position-idUSKBN1E52OM|url-status=live}}</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=CNNMoney|access-date=2017-12-14|archive-date=May 30, 2023|archive-url=https://web.archive.org/web/20230530151815/https://money.cnn.com/2017/12/14/media/disney-fox-deal/index.html|url-status=dead}}</ref><ref>{{Cite web|url=https://thewaltdisneycompany.com/walt-disney-company-acquire-twenty-first-century-fox-inc-spinoff-certain-businesses-52-4-billion-stock/|title=The Walt Disney Company To Acquire Twenty-First Century Fox, Inc., After Spinoff Of Certain Businesses, For $52.4 Billion In Stock|date=December 14, 2017|access-date=December 14, 2017|url-status=live|website=The Walt Disney Company|archive-url=https://web.archive.org/web/20171214123157/https://thewaltdisneycompany.com/walt-disney-company-acquire-twenty-first-century-fox-inc-spinoff-certain-businesses-52-4-billion-stock/|archive-date=December 14, 2017}}</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 deal goes through, after the Department of Justice Antitrust Division sued to block it on November 20, 2017.
On February 27, 2018, Comcast offered to purchase a 61% stake in Sky plc at a value of £12.50 per-share, approximately £22.1 billion. 21st Century Fox, which owns a 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|archive-date=February 27, 2018|archive-url=https://web.archive.org/web/20180227084355/http://www.bbc.com/news/business-43209100|url-status=live}}</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|archive-date=June 8, 2023|archive-url=https://web.archive.org/web/20230608153817/https://deadline.com/2018/02/comcast-mulls-renewed-21st-century-fox-pursuit-1202285921/|url-status=live}}</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|archive-date=January 21, 2024|archive-url=https://web.archive.org/web/20240121222553/https://variety.com/2018/biz/news/comcast-fox-bid-disney-merger-1202694858/|url-status=live}}</ref> NBCUniversal CEO 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|archive-date=February 27, 2018|archive-url=https://web.archive.org/web/20180227190952/http://deadline.com/2018/02/nbcus-steve-burke-claims-comcasts-31b-sky-deal-will-boost-scripted-tv-film-fortunes-1202304579/|url-status=live}}</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 counteroffer 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|archive-date=April 25, 2018|archive-url=https://web.archive.org/web/20180425103117/http://www.bbc.co.uk/news/business-43891132|url-status=live}}</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|archive-date=April 4, 2023|access-date=May 8, 2018|archive-url=https://web.archive.org/web/20230404095429/https://www.cbsnews.com/news/4-reasons-comcast-covets-fox/|url-status=live}}</ref> Eight days later, several Fox investors expressed interests in signing a deal with Comcast due to its 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, 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|archive-date=June 6, 2018|archive-url=https://web.archive.org/web/20180606011906/https://www.bbc.com/news/business-44373621|url-status=live}}</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 |archive-date=June 6, 2018 |archive-url=https://web.archive.org/web/20180606052042/https://www.hollywoodreporter.com/news/uk-approves-foxs-sky-bid-subject-sale-sky-news-clears-comcast-offer-1115661 |url-status=live }}</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|archive-date=June 13, 2018|archive-url=https://web.archive.org/web/20180613212044/https://www.theverge.com/2018/6/13/17457244/comcast-21st-century-fox-film-tv-studios-acquisition-deal-announced|url-status=live}}</ref><ref>{{Cite web |url=https://corporate.comcast.com/stories/comcast-makes-superior-all-cash-proposal-to-acquire-21st-century-fox-after-spinoff-of-new-fox |title=Comcast Makes Superior All-Cash Proposal to Acquire 21st Century Fox After Spinoff of 'New Fox' |date=June 13, 2018 |website=Comcast Corp. |url-status=live |archive-url=https://web.archive.org/web/20181211010422/https://corporate.comcast.com/stories/comcast-makes-superior-all-cash-proposal-to-acquire-21st-century-fox-after-spinoff-of-new-fox |archive-date=December 11, 2018 |access-date=December 10, 2018}}</ref>
On June 15, 2018, the European Commission gave antitrust clearance to Comcast's offer to purchase Sky, citing that in terms of its 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 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|archive-date=June 18, 2018|archive-url=https://web.archive.org/web/20180618044750/https://www.wsj.com/articles/comcast-clears-eu-hurdle-in-29-billion-bid-for-sky-1529076176|url-status=live}}{{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|archive-date=June 18, 2018|archive-url=https://web.archive.org/web/20180618203319/https://www.bloomberg.com/news/articles/2018-06-15/comcast-clears-eu-antitrust-hurdle-for-sky-ahead-of-disney-fight|url-status=live}}{{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|archive-date=June 16, 2018|archive-url=https://web.archive.org/web/20180616133036/https://www.hollywoodreporter.com/news/eu-clears-comcasts-bid-sky-1107237|url-status=live}}</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|archive-date=June 26, 2018|archive-url=https://web.archive.org/web/20180626111131/https://www.hollywoodreporter.com/news/walt-disney-agrees-acquire-sky-news-boost-funding-1119303|url-status=live}}</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>{{Cite news |url=https://www.thewaltdisneycompany.com/the-walt-disney-company-signs-amended-acquisition-agreement-to-acquire-twenty-first-century-fox-inc-for-71-3-billion-in-cash-and-stock/ |title=The Walt Disney Company Signs Amended Acquisition Agreement To Acquire Twenty-First Century Fox, Inc., For $71.3 Billion in Cash And Stock |date=June 20, 2018 |work=The Walt Disney Company |access-date=August 1, 2018 |url-status=live |archive-url=https://web.archive.org/web/20180622032442/https://www.thewaltdisneycompany.com/the-walt-disney-company-signs-amended-acquisition-agreement-to-acquire-twenty-first-century-fox-inc-for-71-3-billion-in-cash-and-stock/ |archive-date=June 22, 2018}}</ref><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|archive-date=June 20, 2018|archive-url=https://web.archive.org/web/20180620153300/https://www.bloomberg.com/news/articles/2018-06-20/fox-agrees-to-sweetened-bid-from-disney-dealing-blow-to-comcast|url-status=live}}</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 26, 2018|archive-date=June 28, 2018|archive-url=https://web.archive.org/web/20180628000304/https://www.cnbc.com/2018/06/27/us-set-to-give-antitrust-approval-for-disney-fox-deal.html|url-status=live}}</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|date=June 26, 2018|access-date=June 26, 2018|archive-date=June 28, 2018|archive-url=https://web.archive.org/web/20180628225848/https://variety.com/2018/biz/news/disney-fox-shareholder-voting-date-1202861184/|url-status=live}}</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 26, 2018|access-date=June 26, 2018|archive-date=June 28, 2018|archive-url=https://web.archive.org/web/20180628234817/http://www.latimes.com/business/hollywood/la-fi-ct-disney-fox-shareholders-vote-20180628-story.html|url-status=live}}</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|archive-date=October 15, 2023|archive-url=https://web.archive.org/web/20231015152223/https://www.bbc.com/news/business-44791383|url-status=live}}</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|date=July 11, 2018|access-date=July 12, 2018|archive-date=June 1, 2023|archive-url=https://web.archive.org/web/20230601130925/https://variety.com/2018/biz/news/comcast-sky-21st-century-fox-disney-auction-1202870876/|url-status=live}}</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|archive-date=July 19, 2018|archive-url=https://web.archive.org/web/20180719095510/https://www.bloomberg.com/news/articles/2018-07-18/key-u-k-sky-hearing-scheduled-for-same-day-as-fox-disney-vote|url-status=live}}</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's acquisition of Time Warner (then 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 |last=Sherman |first=Alex |date=July 15, 2018 |title=Here's what the DOJ needs to happen to win its appeal against AT&T |url=https://www.cnbc.com/2018/07/13/heres-what-the-doj-needs-to-happen-to-win-its-appeal-against-att.html |access-date=22 January 2026 |website=CNBC |archive-date=July 15, 2018 |archive-url=https://web.archive.org/web/20180715184444/https://www.cnbc.com/2018/07/13/heres-what-the-doj-needs-to-happen-to-win-its-appeal-against-att.html |url-status=live }}</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 |last=Shapiro |first=Ariel |date=July 13, 2018 |title=DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson |url=https://www.cnbc.com/2018/07/13/doj-challenge-to-att-time-warner-deal-could-affect-disney-fox-comcast.html |archive-date=July 13, 2018 |access-date=22 January 2026 |website=CNBC |archive-url=https://web.archive.org/web/20180713152926/https://www.cnbc.com/2018/07/13/doj-challenge-to-att-time-warner-deal-could-affect-disney-fox-comcast.html |url-status=live }}</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.<ref>{{cite news |last1=Moyer |first1=Liz |date=16 July 2018 |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 |access-date=22 January 2026 |work=CNBC |archive-date=July 16, 2018 |archive-url=https://web.archive.org/web/20180716160341/https://www.cnbc.com/2018/07/16/comcast-unlikely-to-raise-fox-bid-focused-on-sky-sources.html |url-status=live }}</ref> Three days later, Comcast officially announced that it was dropping its bid on the Fox assets in order to focus on its 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|archive-date=July 21, 2018|archive-url=https://web.archive.org/web/20180721150256/https://www.washingtonpost.com/business/2018/07/19/comcast-drops-bid-st-century-fox-leaving-entertainment-powerhouse-hands-disney/|url-status=live}}</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|archive-date=June 17, 2019|archive-url=https://web.archive.org/web/20190617111246/https://money.cnn.com/2018/09/22/media/comcast-win-fox-sky/index.html|url-status=dead}}</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 |url=https://www.ft.com/content/f8002306-c187-11e8-95b1-d36dfef1b89a |url-access=subscription |url-status=live |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/f8002306-c187-11e8-95b1-d36dfef1b89a |archive-date=December 10, 2022 |access-date=22 January 2026 |work=Financial Times}}</ref> In October 2018 Comcast later acquired the rest of the shares of Sky with the company being delisted in November.<ref>{{Cite web |title=Recommended mandatory superior cash offer for Sky: Compulsory acquisition of Sky shares |url=https://www.cmcsa.com/static-files/ab8e5d23-2bf7-4929-83cf-45033c1891d6 |access-date=22 January 2026 |website=Comcast |archive-date=April 1, 2022 |archive-url=https://web.archive.org/web/20220401063602/https://www.cmcsa.com/static-files/ab8e5d23-2bf7-4929-83cf-45033c1891d6 |url-status=live }}</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 |date=October 25, 2018 |access-date=November 24, 2018 |last1=Nicolaou |first1=Anna }}</ref>
==== Later investments, proposed spin-off of several NBCU assets ====
On June 20, 2022, Comcast acquired Levl, an American-Israeli startup that develops technology to authenticate wireless devices and 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 |archive-date=June 20, 2022 |archive-url=https://web.archive.org/web/20220620062417/https://www.calcalistech.com/ctechnews/article/bjngl9at5 |url-status=live }}</ref>
In 2023, Comcast and Disney agreed that Comcast would sell its 33% stake to Hulu (the service has an audience of 48 million subscribers). The streaming service is valued at $27.5 billion in this deal. Part of the proceeds from this deal will be used to buy back Comcast shares.<ref>{{Cite news|language=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|archive-date=November 20, 2024|archive-url=https://web.archive.org/web/20241120190343/https://deadline.com/2024/10/comcast-may-form-separate-company-for-cable-networks-1236163211/|url-status=live}}</ref> On November 20 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, E!, Syfy and Golf Channel alongside the company's digital portfolio such as Fandango, SportsEngine, Rotten Tomatoes and GolfNow. NBCU would retain the NBC network, Telemundo, Bravo, Peacock, Hayu, the NBC Sports and NBC News divisions as well as NBCU's filmed entertainment, television studios and 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 |date=20 October 2024 |title=Comcast Announces Intention to Create Leading Independent Media Business Through Spin-Off of Select Cable Television Networks |url=https://corporate.comcast.com/press/releases/spin-off-select-cable-television-networks |access-date=22 January 2026 |work=Comcast |archive-date=November 20, 2024 |archive-url=https://web.archive.org/web/20241120181010/https://corporate.comcast.com/press/releases/spin-off-select-cable-television-networks |url-status=live }}</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 Kini plan to step down after the spin-off's completion to head the separate entity.<ref>{{cite web |last=Steinberg |first=Brian |date=20 October 2024 |title=Matt Strauss, Donna Langley Expand Roles at New NBCUniversal |url=https://variety.com/2024/tv/news/matt-strauss-donna-langley-lead-nbcuniversal-1236215272/ |access-date=22 January 2026 |work=Variety |archive-date=November 20, 2024 |archive-url=https://web.archive.org/web/20241120185324/https://variety.com/2024/tv/news/matt-strauss-donna-langley-lead-nbcuniversal-1236215272/ |url-status=live }}</ref> On May 6, 2025, it was announced that the company would be referred to as "Versant".<ref>{{Cite web |last=Johnson |first=Ted |date=2025-05-06 |title=Comcast Spinoff Will Be Called Versant, Mark Lazarus Announces |url=https://deadline.com/2025/05/comcast-spinoff-versant-1236387213/ |access-date=2026-01-21 |website=Deadline |language=en-US |archive-date=May 6, 2025 |archive-url=https://web.archive.org/web/20250506185006/https://deadline.com/2025/05/comcast-spinoff-versant-1236387213/ |url-status=live }}</ref> Versant has announced it will rename MSNBC to MS NOW to remove the use of the NBC logo and name.<ref>{{Cite web |last=Sherman |first=Alex |date=2025-08-18 |title=Versant to rename MSNBC, drop famed peacock logos in Comcast separation |url=https://www.cnbc.com/2025/08/18/comcast-versant-rename-msnbc-peacock-logos.html |access-date=2025-09-07 |website=CNBC |language=en |archive-date=September 10, 2025 |archive-url=https://web.archive.org/web/20250910022941/https://www.cnbc.com/2025/08/18/comcast-versant-rename-msnbc-peacock-logos.html |url-status=live }}</ref> In October 2025, both CNBC and MSNBC began the process of formally separating themselves from NBC News, effectively beginning Versant's operations as a subsidiary of Comcast until the spin-off is completed,<ref>{{Cite web |last=Steinberg |first=Brian |date=September 17, 2025 |title=The Big MSNBC-NBC News Split Starts Oct. 6 |url=https://variety.com/2025/tv/news/nbc-news-msnbc-split-starts-october-6-1236521887/ |access-date=September 26, 2025 |website=Variety |language=en-US |archive-date=September 24, 2025 |archive-url=https://web.archive.org/web/20250924023039/https://variety.com/2025/tv/news/nbc-news-msnbc-split-starts-october-6-1236521887/ |url-status=live }}</ref><ref>{{Cite web |date=June 3, 2025 |title=MSNBC Identifies Its Temporary Office Space Ahead of Versant Spin-Off |url=https://www.adweek.com/tvnewser/msnbc-temproary-location-versant-move/ |access-date=September 26, 2025 |website=Adweek |language=en-US |archive-date=October 1, 2025 |archive-url=https://web.archive.org/web/20251001212525/https://www.adweek.com/tvnewser/msnbc-temproary-location-versant-move/ |url-status=live }}</ref> which is expected to be in 2026.
On April 2, 2025, Comcast acquired Nitel, network-as-a-service provider.<ref>{{Cite web |date=2025-04-02 |title=Comcast Business acquires NaaS provider Nitel to enhance enterprise offering |url=https://www.rcrwireless.com/20250402/business/comcast-business |access-date=2026-01-21 |website=RCR Wireless News |language=en-US |archive-date=October 15, 2025 |archive-url=https://web.archive.org/web/20251015144417/https://www.rcrwireless.com/20250402/business/comcast-business |url-status=live }}</ref>
==== Attempted acquisition of Warner Bros. Discovery ==== {{more information|Proposed acquisition of Warner Bros. Discovery by Paramount Skydance}} On October 2, 2025, CNBC reported that Comcast would be the biggest wild card for the acquisition of Warner Bros. Discovery's assets.<ref>{{Cite web |last=Sherman |first=Alex |date=October 2, 2025 |title=CNBC Sport: What to expect as a Paramount bid for WBD looms |url=https://www.cnbc.com/2025/10/02/cnbc-sport-what-to-expect-as-a-paramount-bid-for-wbd-looms.html |access-date=October 2, 2025 |website=CNBC |archive-date=October 2, 2025 |archive-url=https://web.archive.org/web/20251002161842/https://www.cnbc.com/2025/10/02/cnbc-sport-what-to-expect-as-a-paramount-bid-for-wbd-looms.html |url-status=live }}</ref>
On November 6, 2025, it was reported that Comcast contracted Goldman Sachs and Morgan Stanley about a possible takeover of WBD's studio and streaming assets.<ref>{{Cite web |last1=Chmielewski |first1=Dawn |last2=Crowley |first2=Amy-Jo |last3=Vinn |first3=Milana |last4=Kopecki |first4=Dawn |date=7 November 2025 |title=Exclusive: Comcast hires bankers to explore bid for Warner Bros Discovery |url=https://www.reuters.com/business/finance/comcast-hires-bankers-explore-bid-warner-bros-discovery-2025-11-06/ |access-date=22 January 2026 |website=Reuters}}</ref> On November 20, Comcast, as well as other companies like Paramount Skydance, and Netflix, officially submitted their bids for Warner Bros. Discovery, with both Comcast and Netflix bidding for its studio and streaming assets, and Paramount bidding for the entirety of WBD.<ref>{{Cite web |last1=Hayes |first1=Dade |last2=Johnson |first2=Ted |title=And So It Begins: Paramount, Netflix And Comcast Formally Submit Bids For Warner Bros. Discovery |url=https://deadline.com/2025/11/paramount-netflix-comcast-submit-wbd-bids-1236625396/ |website=Deadline |date=November 20, 2025 |access-date=November 22, 2025 |archive-date=November 21, 2025 |archive-url=https://web.archive.org/web/20251121203834/https://deadline.com/2025/11/paramount-netflix-comcast-submit-wbd-bids-1236625396/ |url-status=live }}</ref> According to CNBC, David Zaslav will announce whether to split the company in two or sell off the whole company to one of the potential buyers before the end of the year.<ref>{{Cite web |last=Sherman |first=Alex |date=2025-11-05 |title=Read Paramount's argument for why its WBD buyout offer is superior to splitting the company |url=https://www.cnbc.com/2025/11/05/warner-bros-discovery-wbd-sale-split-plans-deadline.html |access-date=2025-11-10 |website=CNBC |language=en |archive-date=December 5, 2025 |archive-url=https://web.archive.org/web/20251205234506/https://www.cnbc.com/2025/11/05/warner-bros-discovery-wbd-sale-split-plans-deadline.html |url-status=live }}</ref>
By December 2, 2025, Comcast submitted a bid to merge Warner Bros. with NBCUniversal, according to Bloomberg, while Netflix submitted a mostly cash offer. Under Comcast's proposal, Comcast would take control of the combined entity and Warner Bros. shareholders would receive a mix of cash and stock. Paramount also submitted a bid for Warner Bros. Discovery, a 100% cash offer backed by debt financing from Apollo and Middle Eastern sovereign-wealth funds.<ref>{{Cite web |last1=Griffis |first1=Kelcee |last2=Davis |first2=Michelle F. |last3=Buckley |first3=Thomas |date=December 2, 2025 |title=Comcast's Bid Seeks to Merge NBCUniversal Unit With Warner Bros. |url=https://news.bloomberglaw.com/mergers-and-acquisitions/comcasts-bid-seeks-to-merge-nbcuniversal-unit-with-warner-bros |url-access=subscription |access-date=22 January 2026 |website=Bloomberg Law |archive-date=December 7, 2025 |archive-url=https://web.archive.org/web/20251207173232/https://news.bloomberglaw.com/mergers-and-acquisitions/comcasts-bid-seeks-to-merge-nbcuniversal-unit-with-warner-bros |url-status=live }}</ref><ref>{{Cite web |date=2025-12-02 |title=Warner Bros. Discovery gets mostly cash offer from Netflix |url=https://nypost.com/2025/12/01/media/warner-bros-discovery-gets-mostly-cash-offer-from-netflix/ |access-date=2025-12-02 |website=New York Post |language=en-US |agency=Reuters |archive-date=December 4, 2025 |archive-url=https://web.archive.org/web/20251204202429/https://nypost.com/2025/12/01/media/warner-bros-discovery-gets-mostly-cash-offer-from-netflix/ |url-status=live }}</ref>
On December 5, Netflix announced that they would be buying the Warner Bros. streaming and studio company for $72 billion after the split closes in the third quarter, valuing WBD at $82.7 billion. As part of the deal, Netflix will acquire the Warner Bros. film and television studios, HBO and their streaming service HBO Max (including their respective libraries and DC Entertainment/DC Studios but not the linear networks, which would still be from Discovery Global).<ref>{{Cite web |last=Sillars |first=James |date=December 5, 2025 |title=Netflix agrees blockbuster $72bn deal for Warner Bros studios |url=https://news.sky.com/story/netflix-agrees-blockbuster-72bn-deal-for-warner-bros-studios-13479683 |access-date=December 5, 2025 |website=Sky News |language=en |archive-date=December 5, 2025 |archive-url=https://web.archive.org/web/20251205125036/https://news.sky.com/story/netflix-agrees-blockbuster-72bn-deal-for-warner-bros-studios-13479683 |url-status=live }}</ref><ref>{{Cite web|last=Whittock|first=Jesse|title=Netflix & Warner Bros. Discovery Confirm $82.7B Mega-Deal That Reshapes The Industry|website=Deadline Hollywood|date=December 5, 2025|access-date=December 5, 2025|url=https://deadline.com/2025/12/netflix-warner-bros-discovery-deal-official-1236637290/|language=en|archive-date=December 5, 2025|archive-url=https://web.archive.org/web/20251205130822/https://deadline.com/2025/12/netflix-warner-bros-discovery-deal-official-1236637290/|url-status=live}}</ref> Paramount would later launch a hostile takeover bid for the entirety of WBD three days later for an enterprise value of $108.4 billion, with Comcast dropping out of the bid for WBD's studio and streaming assets. At the UBS media conference on December 8, Mike Cavanagh admitted that Comcast's bid was "light on cash" compared to bids by Netflix and Paramount and that "we didn't expect that we had a high likelihood of prevailing with a deal that made sense to us."<ref>{{Cite web |last=Goldsmith |first=Jill |date=2025-12-08 |title=Paramount Launches Hostile Takeover Offer For Warner Bros. Discovery |url=https://deadline.com/2025/12/paramount-launches-hostile-takeover-bid-warner-bros-discovery-1236641640/ |access-date=2025-12-08 |website=Deadline |language=en-US |archive-date=December 9, 2025 |archive-url=https://web.archive.org/web/20251209053834/https://deadline.com/2025/12/paramount-launches-hostile-takeover-bid-warner-bros-discovery-1236641640/ |url-status=live }}</ref><ref>{{Cite web |last=Goldsmith |first=Jill |date=2025-12-08 |title=Mike Cavanagh Says Comcast Bid For Warner Bros. Was Light On Cash Versus Rival Offers – "We Didn't Expect That We Had A High Likelihood Of Prevailing" |url=https://deadline.com/2025/12/comcast-mike-cavanagh-on-bid-for-warner-bros-1236641747/ |access-date=2025-12-08 |website=Deadline |language=en-US |archive-date=December 8, 2025 |archive-url=https://web.archive.org/web/20251208213009/https://deadline.com/2025/12/comcast-mike-cavanagh-on-bid-for-warner-bros-1236641747/ |url-status=live }}</ref>
On December 17, Bloomberg reported that Comcast launched a valuation bid for WBD's streaming and studios division at $81 billion at $35.43 per share.<ref>{{Cite web |last=Goldsmith |first=Jill |date=2025-12-08 |title=Comcast put a $81B valuation for its media unit when it bid for Warner Bros. - report |url=https://seekingalpha.com/news/4532688-comcast-put-a-81b-valuation-for-its-media-unit-when-it-bid-for-warner-bros---report |access-date=2025-12-17 |website=Seeking Alpha|language=en-US}}</ref>
==== Attempted acquisition of Paramount Skydance ==== On December 24, 2025, ''The Wrap'' reported that Paramount Skydance may try to merge with another studio, if its planned bid to acquire Warner Bros. Discovery fails (with the Netflix-WBD deal still going through), with ''The Wrap'' stating that some experts believe that Paramount Skydance may try to merge with NBCUniversal (in case they merge, they would have to sell CBS, due to the FCC regulation stating that there can't be a merger between the two of the Big Four broadcasting networks) or acquiring Lionsgate, if its bid for WBD fails.<ref>{{Cite web |last=Manfredi |first=Lucas |date=2025-12-24 |title=Warner Bros. Bidding War, Paramount-Skydance Merger Headline an Active Year of Media M&A |url=https://www.thewrap.com/industry-news/business/hollywood-mergers-acquisitions-2025-recap-warner-bros/ |access-date=2025-12-24 |website=The Wrap |archive-url=https://archive.today/https://www.thewrap.com/industry-news/business/hollywood-mergers-acquisitions-2025-recap-warner-bros/ |archive-date=December 24, 2025 |url-status=live}}</ref>
On February 16, 2026, it was reported that Comcast and Paramount Skydance may merge to bolster their streaming platforms Peacock and Paramount+, respectively.<ref>{{Cite web |title=Comcast & Paramount May Merge As Both Struggle With Streaming |date=February 16, 2026 |url=https://www.cordcuttersnews.com/comcast-paramount-may-merge-as-both-struggle-with-streaming/ |access-date=2026-02-17 |language=en-US}}</ref>
==== Exit of first-run syndication ==== On March 13, 2026, Comcast announced that it had exited the first-run syndication business and that it had canceled ''Access Hollywood'', ''The Steve Wilkos Show'', ''Karamo'' and ''Access Live''. Deadline Hollywood reported that the cancellations was likely informed by the recent announcement that Comcast announced the cancellation of ''The Kelly Clarkson Show'' on February 2, 2026. Other Comcast-owned programs such as ''Dateline'', ''Chicago P.D.'', and the ''Law & Order'' franchise will remain in off-network syndication.<ref>{{Cite web |last=Andreeva |first=Nellie |date=2026-03-13 |title=NBCUniversal Exits First-Run Syndication Business; ‘Access Hollywood’, ‘Steve Wilkos,’ ‘Karamo’ & ‘Access Live’ To End |url=https://deadline.com/2026/03/nbcuniversal-leaving-syndication-steve-wilkos-karamo-access-hollywood-end-1236752795/ |access-date=2026-03-13 |website=Deadline Hollywood |archive-url=https://web.archive.org/web/20260313222541/https://deadline.com/2026/03/nbcuniversal-leaving-syndication-steve-wilkos-karamo-access-hollywood-end-1236752795/ |archive-date=March 13, 2026 |url-status=live}}</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 businesses 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 and SportsNet New York. 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 Bravo, NBCSN and the regional NBC Sports Networks. When Comcast took majority ownership of NBCUniversal, a significant number of cable networks were added to this list. Comcast's NHL deal obligated it to create a U.S. version of NHL Network, launched in October 2007.
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 networks).
====DreamWorks Animation==== {{Main|DreamWorks Animation}}
On August 22, 2016, NBCUniversal bought DreamWorks Animation along with its major IP, including ''Shrek'', ''How to Train Your Dragon'', ''Kung Fu Panda'', ''Trolls'', and ''Madagascar'', included in the acquisition was Classic Media, which included a wide library of IP including ''Postman Pat'', ''Felix the Cat'', ''Noddy'', ''Rudolph the Red-Nosed Reindeer'', ''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 |archive-date = February 3, 2021 |archive-url = https://web.archive.org/web/20210203045541/https://www.npr.org/2016/04/29/476124505/comcast-buys-dreamworks |url-status = live }}</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 |archive-date = May 1, 2016 |archive-url = https://web.archive.org/web/20160501182518/http://money.cnn.com/2016/04/28/media/comcast-dreamworks-nbcuniversal |url-status = dead }}</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 |archive-date = September 18, 2017 |archive-url = https://web.archive.org/web/20170918202649/https://ww2.kqed.org/arts/2016/04/29/comcast-buying-dreamworks-animation-for-about-3-55b/ |url-status = live }}</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 |archive-date = February 2, 2022 |archive-url = https://web.archive.org/web/20220202054055/https://www.wsj.com/articles/comcasts-nbc-universal-to-buy-dreamworks-for-3-8-billion-1461849691 |url-status = live }}</ref>
=== Sky Group === {{main|Sky Group}}
Through Sky, Comcast offers any first-party and third-party television programming which using the satellite distribution and IPTV (Sky Glass and Sky Stream) systems to its customers and subscribers across several countries in Europe, such as the United Kingdom, Ireland, Germany, Austria, Switzerland, and Italy. It is Europe's largest media company and 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 |archive-date=December 3, 2019 |archive-url=https://web.archive.org/web/20191203075241/https://www.statista.com/statistics/283553/leading-european-pay-tv-operators-by-revenue/ |url-status=live }}</ref> with 23 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 |last1=Larson |first1=Erik |last2=Browning |first2=Jonathan |date=13 October 2010 |title=News Corp. Slows BSkyB Bid to Avoid U.K. Challenge |url=https://www.bloomberg.com/news/articles/2010-10-12/news-corp-delaying-bskyb-acquisition-to-avoid-u-k-challenge-lawyers-say |url-access=subscription |access-date=22 January 2026 |work=Bloomberg}}</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 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 |archive-date=February 18, 2023 |archive-url=https://web.archive.org/web/20230218165603/https://variety.com/2020/tv/news/nbc-sky-world-news-summer-launch-comcast-1203476712/ |url-status=live }}</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 |archive-date=May 26, 2022 |archive-url=https://web.archive.org/web/20220526140107/https://pressgazette.co.uk/sky-and-nbc-team-up-for-new-global-news-channel-under-owner-comcast/ |url-status=live }}</ref> The service was also planned for it to be available on 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 |archive-date=February 4, 2023 |archive-url=https://web.archive.org/web/20230204110312/https://www.tvbeurope.com/tvbeverywhere/nbc-sky-world-news-to-land-this-summer |url-status=live }}</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 |archive-date=April 10, 2020 |archive-url=https://web.archive.org/web/20200410183253/https://variety.com/2020/tv/news/sky-world-news-nbcuniversal-delay-andy-lack-1234569192/ |url-status=live }}</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|archive-date=August 20, 2020|archive-url=https://web.archive.org/web/20200820061521/https://www.theguardian.com/media/2020/aug/06/cancellation-nbc-sky-world-news-60-out-work|url-status=live}}</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 |archive-date=November 17, 2020 |archive-url=https://web.archive.org/web/20201117204835/https://deadline.com/2020/08/comcast-shelves-nbc-sky-world-news-1203005882/ |url-status=live }}</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 |archive-date=July 5, 2019 |archive-url=https://web.archive.org/web/20190705215149/https://www.nbcnews.com/news/all/nbc-news-unveils-signal-its-streaming-network-cable-cutters-n923986 |url-status=live }}</ref>
Since its acquisition by Comcast, Sky has faced a series of financial woes. Bought for £31 billion, Sky's value has been written down by nearly 25%. In 2023, operating losses doubled as Sky reported a pre-tax loss of £773 million ($1.045 billion). Sky News is estimated to lose at least £30 million ($40.57 million) per annum.<ref>{{Cite news |last=Sweney |first=Mark |date=2025-05-19 |title=Plunging value and a content cliff edge: what's gone wrong at Sky? |url=https://www.theguardian.com/business/2025/may/19/sky-comcast-jobs-exclusive-shows-subscribers |access-date=2025-08-25 |work=The Guardian |language=en-GB |issn=0261-3077}}</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=Lafayette |first=Jon |date=February 25, 2020 |title=Comcast Buys Ad-Supported Streaming Service Xumo |url=https://www.nexttv.com/news/comcast-buys-ad-supported-streaming-service-xumo |access-date=22 January 2026 |publisher=Future US |periodical=Broadcasting & Cable |archive-date=December 28, 2025 |archive-url=https://web.archive.org/web/20251228051057/https://www.nexttv.com/news/comcast-buys-ad-supported-streaming-service-xumo |url-status=live }}</ref><ref>{{cite news |author=Alex Sherman |date=February 25, 2020 |title=Why Comcast agreed to buy Xumo, an ad-supported free streaming service |url=https://www.cnbc.com/2020/02/25/comcast-to-buy-xumo-for-ad-supported-streaming-service-and-technology.html |access-date=22 January 2026 |website=CNBC |publisher=NBCUniversal News Group |archive-date=February 24, 2021 |archive-url=https://web.archive.org/web/20210224043140/https://www.cnbc.com/2020/02/25/comcast-to-buy-xumo-for-ad-supported-streaming-service-and-technology.html |url-status=live }}</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/ |access-date=22 January 2026 |publisher=Penske Media Corporation |periodical=Variety |archive-date=April 10, 2021 |archive-url=https://web.archive.org/web/20210410140505/https://variety.com/2020/digital/news/comcast-acquires-xumo-free-streaming-video-service-1203515001/ |url-status=live }}</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 |archive-date=April 27, 2022 |archive-url=https://web.archive.org/web/20220427191948/https://www.nytimes.com/2022/04/27/business/media/comcast-charter-set-top-streaming.html |url-status=live }}</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 |archive-date=April 27, 2022 |archive-url=https://web.archive.org/web/20220427190036/https://www.theverge.com/2022/4/27/23044434/comcast-charter-streaming-joint-venture-announced-flex |url-status=live }}</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 their home arena in Philadelphia, as well as esports organization T1, in a joint venture with South Korea's SK Telecom. Over a number of years, Comcast became the 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 $25 million for naming rights to the new basketball arena built on the College Park campus, the 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 in 2015, renaming it the NASCAR Xfinity Series.
==Corporate affairs== ===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 and critic 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|2026|01|04|df=US|post=:}}<ref>{{cite web |url=https://corporate.comcast.com/company/people/leadership#nav_board |title=Board of Directors |publisher=Comcast |access-date=January 4, 2026 |archive-date=December 27, 2025 |archive-url=https://web.archive.org/web/20251227223322/https://corporate.comcast.com/company/people/leadership#nav_board |url-status=live }}</ref> * Kenneth J. Bacon * Thomas J. Baltimore Jr. * Madeline S. Bell * Louise F. Brady * Edward D. Breen, Lead Independent Director * Michael J. Cavanagh, Co-CEO * Jeffrey A. Honickman * Wonya Y. Lucas * Asuka Nakahara * Brian L. Roberts, Chairman & Co-CEO * Gordon Smith
====Executives==== * Brian L. Roberts, Chairman & Co-CEO * Michael J. Cavanagh, Co-CEO ** Jason S. Armstrong, Chief Financial Officer *** Lisa Bonnell, Executive Vice President, Comcast Global Audit & General Auditor *** Kristine Dankenbrink, Executive Vice President, Tax *** Greg Horn, Executive Vice President, Corporate Financial Planning and Analysis *** Daniel C. Murdock, Executive Vice President, Chief Accounting Officer & Controller *** Marci Ryvicker, Executive Vice President, Investor Relations ** Karen Dougherty Buchholz, Executive Vice President, Administration *** Kimberley D. Harris, Executive Vice President, Comcast Corporation and General Counsel of NBCUniversal ** Bob Eatroff, Executive Vice President, Global Corporate Development & Strategy ** Daniel J. Hilferty, Chairman & Chief Executive Officer, Comcast Spectacor ** Jennifer Khoury, Chief Communications Officer ** Thomas J. Reid, Chief Legal Officer & Secretary *** Francis M. Buono, Executive Vice President, Legal Regulatory Affairs & Senior Deputy General Counsel *** Lynn R. Charytan, Executive Vice President & Senior Deputy General Counsel, Comcast Corporation and Executive Vice President & General Counsel, Comcast Cable *** Broderick D. Johnson, Executive Vice President, Public Policy & Executive Vice President, Digital Equity *** Lance West, Executive Vice President, Federal Government Affairs & Head of the Washington, D.C. Office ** Dana Strong, Group Chief Executive Officer, Sky ** David N. Watson, President & Chief Executive Officer, Comcast Cable ** Dalila Wilson-Scott, Executive Vice President and Chief Diversity Officer, Comcast Corporation & President, Comcast NBCUniversal Foundation
===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 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 | archive-date = September 15, 2017 | archive-url = https://web.archive.org/web/20170915070422/http://www.philly.com/philly/blogs/inq-phillydeals/Inside-Comcast-customer-service.html | url-status = live }}</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 | archive-date = December 29, 2014 | archive-url = https://web.archive.org/web/20141229103222/http://www.cracked.com/article_21756_5-reasons-working-comcast-worse-than-you-think_p2.html | url-status = live }}</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 |archive-date = February 16, 2021 |archive-url = https://web.archive.org/web/20210216230515/https://www.washingtonpost.com/wp-dyn/articles/A64667-2004Sep5.html |url-status = live }}</ref> A dispute in 2004 with 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>{{Cite web |title=Comcast systematically squeezing out unions |url=http://www.nwlaborpress.org/2004/8-6-04CWA.html |archive-url=https://web.archive.org/web/20040830073028/http://www.nwlaborpress.org/2004/8-6-04CWA.html |archive-date=2004-08-30 |access-date=2026-01-21 |website=www.nwlaborpress.org}}</ref> In 2011, Comcast received criticism from Writers Guild of America for its policies regarding unions.<ref>{{Cite web |title=Comcast Seeking to 'Destroy' Writers Guild, Members Say |url=http://www.thewrap.com/media/article/comcast-seeking-%E2%80%98-destroy%E2%80%99-writers-guild-claims-board-members-24898?page=0, |archive-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, |archive-date=2013-06-28 |access-date=2026-01-21 |website=www.thewrap.com |language=en}}</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>{{Cite web |title=2009 Top 10 Places to Work in Cable |url=http://www.cablefax.com/programming/networks/2009-Top-10-Places-to-Work-in-Cable_38104.html |archive-url=https://web.archive.org/web/20140222003624/http://www.cablefax.com/programming/networks/2009-Top-10-Places-to-Work-in-Cable_38104.html |archive-date=February 22, 2014 |access-date=2026-01-21 |website=www.cablefax.com |url-status=dead }}</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>{{Cite web |date=2009-10-19 |title=Silver Winner{{!}}Extra-Large Company Comcast Corp. |url=https://www.bizjournals.com/philadelphia/stories/2009/10/19/focus3.html |access-date=2026-01-21 |website=Philadelphia Business Journal |language=en-US |archive-date=August 9, 2022 |archive-url=https://web.archive.org/web/20220809200304/https://www.bizjournals.com/philadelphia/stories/2009/10/19/focus3.html |url-status=live }}</ref><ref>{{Cite web |date=2009-10-19 |title=Gold Winner{{!}}Extra-Large Company: Comcast-Spectacor |url=https://www.bizjournals.com/philadelphia/stories/2009/10/19/focus2.html |access-date=2026-01-21 |website=Philadelphia Business Journal |language=en-US |archive-date=June 7, 2023 |archive-url=https://web.archive.org/web/20230607105911/https://www.bizjournals.com/philadelphia/stories/2009/10/19/focus2.html |url-status=live }}</ref> ''The Boston Globe'' found Comcast to be that city's top place to work in 2009.<ref>{{Cite web |date=8 November 2009 |title=A cable company that listens |url=http://archive.boston.com/jobs/topworkplaces/2009/articles/a_cable_company_that_listens/ |archive-url=https://web.archive.org/web/20091108034259/http://www.boston.com/jobs/topworkplaces/2009/articles/a_cable_company_that_listens |archive-date=2009-11-08 |access-date=2026-01-21 |website=The Boston Globe |url-status=live |language=en}}</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=== {{Update section|date=January 2026}} 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|archive-date=February 27, 2023|archive-url=https://web.archive.org/web/20230227142115/https://fortune.com/company/comcast/fortune500/|url-status=live}}</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=":2">{{Cite web |title=2022 Annual Report |url=https://www.cmcsa.com/static-files/156da323-653e-4cc6-9bb4-d239937e9d2f |archive-url=https://web.archive.org/web/20250925023029/https://www.cmcsa.com/static-files/156da323-653e-4cc6-9bb4-d239937e9d2f |archive-date=2025-09-25 |access-date=2026-01-21 |website=www.cmcsa.com}}</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 $80.9 billion as of December 31, 2022.<ref name=":2" /> {| class="wikitable float-left" style="text-align: right;" !Year !Revenue<br />in mil. US$ !Net income<br />in mil. US$ !Total assets<br />in mil. US$ !Employees |- |2006<ref>{{Cite web |title=2006 Annual Report |url=https://www.cmcsa.com/static-files/b7121b55-088e-474c-bd04-d0c93a0218f9 |url-status=live |archive-url=https://web.archive.org/web/20251209030639/https://www.cmcsa.com/static-files/b7121b55-088e-474c-bd04-d0c93a0218f9 |archive-date=2025-12-09 |access-date=22 January 2026 |website=Comcast}}</ref> |24,966 |2,533 |110,405 |90,000 |- |2007<ref>{{Cite web |title=2007 Annual Report |url=https://www.cmcsa.com/static-files/0fcc5983-205d-4142-a014-eb60090f71bf |url-status=live |archive-url=https://web.archive.org/web/20250908041306/https://www.cmcsa.com/static-files/0fcc5983-205d-4142-a014-eb60090f71bf |archive-date=2025-09-08 |access-date=22 January 2026 |website=Comcast}}</ref> |31,060 |2,587 |113,417 |100,000 |- |2008<ref>{{Cite web |title=2008 Annual Report |url=https://www.cmcsa.com/static-files/be273d94-5a27-4de9-bf18-51f3a0ee978b |url-status=live |archive-url=https://web.archive.org/web/20251218005629/https://www.cmcsa.com/static-files/be273d94-5a27-4de9-bf18-51f3a0ee978b |archive-date=2025-12-18 |access-date=22 January 2026 |website=Comcast}}</ref> |34,423 |2,547 |113,017 |100,000 |- |2009<ref>{{Cite web |title=2009 Annual Report |url=https://www.cmcsa.com/static-files/816cf4fb-fb0f-4eb8-9ce1-e37e570fb25d |url-status=live |archive-url=https://web.archive.org/web/20250918040202/https://www.cmcsa.com/static-files/816cf4fb-fb0f-4eb8-9ce1-e37e570fb25d |archive-date=2025-09-18 |access-date=22 January 2026 |website=Comcast}}</ref> |35,756 |3,638 |112,733 |107,000 |- |2010<ref>{{Cite web |title=2010 Annual Report |url=https://www.cmcsa.com/static-files/0b94292c-23e7-46c1-b226-daf51df09c00 |url-status=live |archive-url=https://web.archive.org/web/20251005151550/https://www.cmcsa.com/static-files/0b94292c-23e7-46c1-b226-daf51df09c00 |archive-date=2025-10-05 |access-date=22 January 2026 |website=Comcast}}</ref> |37,937 |3,635 |118,534 |102,000 |- |2011<ref>{{Cite web |title=2011 Annual Report |url=https://www.cmcsa.com/static-files/1b5c0863-b2ad-46d7-ad6b-63cc918dc0da |url-status=live |archive-url=https://web.archive.org/web/20251208150532/https://www.cmcsa.com/static-files/1b5c0863-b2ad-46d7-ad6b-63cc918dc0da |archive-date=2025-12-08 |access-date=22 January 2026 |website=Comcast}}</ref> |55,842 |4,160 |157,818 |126,000 |- |2012<ref>{{Cite web |title=2012 Annual Report |url=https://www.cmcsa.com/static-files/b9f42919-5e27-47b8-a225-e7bc66469af7 |url-status=live |archive-url=https://web.archive.org/web/20251209165233/https://www.cmcsa.com/static-files/b9f42919-5e27-47b8-a225-e7bc66469af7 |archive-date=2025-12-09 |access-date=2025-09-12 |website=Comcast}}</ref> |62,570 |6,203 |164,971 |129,000 |- |2013<ref>{{Cite web |title=2013 Annual Report |url=https://www.cmcsa.com/static-files/975711e7-9dd8-45e8-b34e-7507dfd55594 |url-status=live |archive-url=https://web.archive.org/web/20251228110917/https://www.cmcsa.com/static-files/975711e7-9dd8-45e8-b34e-7507dfd55594 |archive-date=2025-12-28 |access-date=22 January 2026 |website=Comcast}}</ref> |64,657 |6,816 |158,813 |136,000 |- |2014<ref>{{Cite web |title=2014 Annual Report |url=https://www.cmcsa.com/static-files/fda80671-77bb-4dd6-bafa-f8d6a7e2d1f5 |url-status=live |archive-url=https://web.archive.org/web/20251005151550/https://www.cmcsa.com/static-files/fda80671-77bb-4dd6-bafa-f8d6a7e2d1f5 |archive-date=2025-10-05 |access-date=22 January 2026 |website=Comcast}}</ref> |68,775 |8,380 |159,186 |139,000 |- |2015<ref>{{Cite web |title=2015 Annual Report |url=https://www.cmcsa.com/static-files/ae804401-b2c9-40d8-9353-efbfd70034b2 |url-status=live |archive-url=https://web.archive.org/web/20251209122104/https://www.cmcsa.com/static-files/ae804401-b2c9-40d8-9353-efbfd70034b2 |archive-date=2025-12-09 |access-date=22 January 2026 |website=Comcast}}</ref> |74,510 |8,163 |166,574 |153,000 |- |2016<ref>{{Cite web |title=2016 Annual Report |url=https://www.cmcsa.com/static-files/cd9c1f30-3ea9-4075-a79e-2be0bc7ea701 |url-status=live |archive-url=https://web.archive.org/web/20251207020907/https://www.cmcsa.com/static-files/cd9c1f30-3ea9-4075-a79e-2be0bc7ea701 |archive-date=2025-12-07 |access-date=22 January 2026 |website=Comcast}}</ref> |80,403 |8,695 |180,500 |159,000 |- |2017<ref>{{Cite web |title=2017 Annual Report |url=https://www.cmcsa.com/static-files/111ba611-eb85-4edc-9000-3907c84697d8 |url-status=live |archive-url=https://web.archive.org/web/20251206145947/https://www.cmcsa.com/static-files/111ba611-eb85-4edc-9000-3907c84697d8 |archive-date=2025-12-06 |access-date=22 January 2026 |website=Comcast}}</ref> |85,029 |22,714 |186,949 |164,000 |- |2018<ref>{{Cite web |title=2018 Annual Report |url=https://www.cmcsa.com/static-files/54b28afa-2286-46bc-bca0-e35c9a4be739 |url-status=live |archive-url=https://web.archive.org/web/20251227174413/https://www.cmcsa.com/static-files/54b28afa-2286-46bc-bca0-e35c9a4be739 |archive-date=2025-12-27 |access-date=February 16, 2019 |website=Comcast}}</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 |url-status=live |archive-url=https://web.archive.org/web/20251208143655/https://www.cmcsa.com/static-files/d3de7993-a16b-42bf-bebd-a45b938dcbfc |archive-date=2025-12-08 |access-date=February 26, 2020 |website=Comcast}}</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 |url-status=live |archive-url=https://web.archive.org/web/20251205100327/https://www.cmcsa.com/static-files/0ff6a41f-c1ff-4c25-b07e-4ec8424907cf |archive-date=2025-12-05 |access-date=May 26, 2022 |website=Comcast}}</ref> |103,564 |10,534 |273,869 |168,000 |- |2021<ref name="AR">{{Cite web |title=2021 Annual Report |url=https://www.cmcsa.com/static-files/8887f574-dfa9-4480-8c8b-ed7771f7ce44 |url-status=live |archive-url=https://web.archive.org/web/20251209172357/https://www.cmcsa.com/static-files/8887f574-dfa9-4480-8c8b-ed7771f7ce44 |archive-date=2025-12-09 |access-date=May 26, 2022 |website=Comcast}}</ref> |116,385 |14,159 |275,905 |189,000 |- |2022<ref name=":2" /> |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 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 | archive-date = June 13, 2019 | archive-url = https://web.archive.org/web/20190613030442/http://www.opensecrets.org/lobby/top.php?indexType=s&showYear=2013 | url-status = live }}</ref> Comcast employs multiple former 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 |archive-date = February 16, 2021 |archive-url = https://web.archive.org/web/20210216230619/https://www.nytimes.com/2014/02/21/business/media/comcasts-web-of-lobbying-and-philanthropy.html?rref=technology |url-status = live }}</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 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 |archive-date = November 19, 2017 |archive-url = https://web.archive.org/web/20171119131829/http://www.nytimes.com/interactive/2012/09/13/us/politics/obamas-top-fund-raisers.html?_r=1& |url-status = live }}</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 |archive-date = March 7, 2014 |archive-url = https://web.archive.org/web/20140307234051/http://thehill.com/blogs/hillicon-valley/technology/198350-comcast-time-warner-execs-have-been-big-obama-supporters |url-status = live }}</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 |archive-date = January 22, 2022 |archive-url = https://web.archive.org/web/20220122040625/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 |url-status = live }}</ref> though he is no longer a registered lobbyist, as the time he spends lobbying falls short of the 20% which 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> thumb|David L. Cohen in 2008 Comcast's 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 | archive-date = June 9, 2019 | archive-url = https://web.archive.org/web/20190609031613/https://www.opensecrets.org/pacs/lookup2.php?strID=C00010082&cycle=2012 | url-status = live }}</ref> 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.<ref>{{cite web | url = https://money.cnn.com/2012/01/25/technology/sopa_pipa_lobby/index.htm | archive-url = https://web.archive.org/web/20120126122332/http://money.cnn.com/2012/01/25/technology/sopa_pipa_lobby/index.htm | url-status = dead | archive-date = January 26, 2012 | 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 |archive-date = March 28, 2014 |archive-url = https://web.archive.org/web/20140328052133/http://www.timesfreepress.com/news/2011/may/30/lobbyists-had-busy-year-nashville/ |url-status = live }}</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 |archive-date = March 8, 2016 |archive-url = https://web.archive.org/web/20160308073709/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 |url-status = live }}</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 |archive-date = March 28, 2014 |archive-url = https://web.archive.org/web/20140328050823/http://www.theatlanticcities.com/technology/2011/11/telecom-lobby-killing-municipal-broadband/420/ |url-status = live }}</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 |archive-date = February 11, 2022 |archive-url = https://web.archive.org/web/20220211012329/https://arstechnica.com/tech-policy/2014/02/isp-lobby-has-already-won-limits-on-public-broadband-in-20-states/ |url-status = live }}</ref>
According to 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 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|archive-date=January 27, 2021|archive-url=https://web.archive.org/web/20210127222102/https://documented.net/2021/01/republican-attorneys-general-dark-money-group-organized-protest-preceding-capitol-mob-attack/|url-status=live}}</ref>
In 2025, Comcast was one of the donors who funded the White House's East Wing demolition, and planned building of a ballroom.<ref>{{cite news |last1=Maher |first1=Kit |last2=Tapper |first2=Jake |last3=Jaramillo |first3=Alejandra |title=White House releases list of donors for Trump's multi-million-dollar ballroom |url=https://www.cnn.com/2025/10/23/politics/ballroom-donors-white-house-trump |access-date=23 October 2025 |work=CNN |archive-url=https://web.archive.org/web/20251023104311/https://www.cnn.com/2025/10/23/politics/ballroom-donors-white-house-trump |archive-date=October 23, 2025}}</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 |archive-date = September 15, 2014 |archive-url = https://web.archive.org/web/20140915055833/http://www.bloomberg.com/news/2013-12-06/at-t-to-comcast-gain-from-subsidy-paid-for-by-customers.html |url-status = live }}</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 |archive-date = June 10, 2013 |archive-url = https://web.archive.org/web/20130610234024/http://www.publicintegrity.org/2013/06/06/12769/civil-rights-groups-fcc-positions-reflect-industry-funding-critics-say |url-status = live }}</ref> However, it is important to note that for years, Comcast has been relying on subsidiaries to finance philanthropic pursuits.
== Cybersecurity incidents == === May 28–29, 2008 Comcast.net hijacking ===
On May 28–29, 2008, the hacker group Kryogeniks, including '''James Robert Black Jr.''' (aka "Defiant"), Christopher Allen Lewis ("EBK"), and Michael Paul Nebel ("Slacker"), redirected traffic from Comcast.net-including webmail and voicemail-by taking control of Comcast's domain via its registrar, Network Solutions. The attackers used Social engineering (security) (two phone calls) and a compromised Comcast email account to change domain contact information and alter the domain's DNS settings, resulting in Comcast customers being redirected to a webpage showing a message asserting responsibility ("KRYOGENIKS Defiant and EBK RoXed COMCAST sHouTz to VIRUS Warlock elul21 coll1er seven."). The outage lasted approximately five hours and caused an estimated loss of $128,000 USD to Comcast. Black was later sentenced in 2010 to four months in prison, house arrest/electronic home monitoring, 150 hours of community service, supervised release, and restitution.<ref>{{cite news |title=TUMWATER, WASHINGTON MAN SENTENCED TO PRISON IN CONNECTION WITH COMCAST HACKING Defendant and Two Others Disrupted Comcast Service in May 2008 |url=https://www.justice.gov/archive/usao/waw/press/2010/aug/black.html |work=U.S. Department of Justice |date=August 9, 2010 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151547/https://www.justice.gov/archive/usao/waw/press/2010/aug/black.html |url-status=live }}</ref><ref>{{cite web |title=Tumwater, Washington Man Indicted in Connection with Comcast Hacking |url=https://archives.fbi.gov/archives/seattle/press-releases/2009/se112309.htm |work=Federal Bureau of Investigation |date=November 23, 2009 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151552/https://archives.fbi.gov/archives/seattle/press-releases/2009/se112309.htm |url-status=live }}</ref><ref>{{cite news |title=Comcast Hacker Pleads Guilty |url=https://www.fbi.gov/philadelphia/press-releases/2010/ph022410a.htm |work=FBI / U.S. Attorney’s Office |date=February 24, 2010 |access-date=September 14, 2025}}</ref><ref>{{cite magazine |last=Poulsen |first=Kevin |title=Comcast.net Hijacker Gets 4 Months |url=https://www.wired.com/2010/08/comcast-black/ |magazine=Wired |date=August 9, 2010 |access-date=September 14, 2025 |archive-date=September 24, 2025 |archive-url=https://web.archive.org/web/20250924032321/https://www.wired.com/2010/08/comcast-black/ |url-status=live }}</ref><ref>{{cite news |title=Tumwater teen hacker sentenced for crashing Comcast |url=https://www.seattlepi.com/local/article/Tumwater-teen-hacker-sentenced-for-crashing-884210.php |work=Seattle Post-Intelligencer |date=August 8, 2010 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151553/https://www.seattlepi.com/local/article/Tumwater-teen-hacker-sentenced-for-crashing-884210.php |url-status=live }}</ref><ref>{{cite web |title=Three Indicted For Comcast Site Hack |url=https://www.darkreading.com/cyberattacks-data-breaches/three-indicted-for-comcast-site-hack |work=Dark Reading |date=November 20, 2009 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005101349/https://www.darkreading.com/cyberattacks-data-breaches/three-indicted-for-comcast-site-hack |url-status=live }}</ref><ref>{{cite news |title=Three charged as Comcast hackers |url=https://edition.cnn.com/2009/TECH/11/20/comcast.hacking.charge/ |work=CNN |date=November 20, 2009 |access-date=September 14, 2025 |archive-date=June 6, 2023 |archive-url=https://web.archive.org/web/20230606173441/https://edition.cnn.com/2009/TECH/11/20/comcast.hacking.charge/ |url-status=live }}</ref><ref>{{cite news |last=Gohring |first=Nancy |title=Three Indicted for Comcast Hack Last Year |url=https://www.pcworld.com/article/521123/article-5581.html |work=PCWorld |date=November 19, 2009 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151548/https://www.pcworld.com/article/521123/article-5581.html |url-status=live }}</ref><ref>{{cite news |last=Buchanan |first=Matt |title=How Two Teenage High School Dropouts Hacked Comcast |url=https://gizmodo.com/how-two-teenage-high-school-dropouts-hacked-comcast-5011978 |work=Gizmodo |date=May 30, 2008 |access-date=September 14, 2025 |archive-date=February 7, 2023 |archive-url=https://web.archive.org/web/20230207050059/https://gizmodo.com/how-two-teenage-high-school-dropouts-hacked-comcast-5011978 |url-status=live }}</ref><ref>{{cite web|date=May 30, 2008|last=Mills|first=Elinor|title=Teens await arrest after Comcast attack|work=CNET|url=https://www.cnet.com/culture/teens-await-arrest-after-comcast-attack/|access-date=September 14, 2025|archive-date=October 5, 2025|archive-url=https://web.archive.org/web/20251005151551/https://www.cnet.com/culture/teens-await-arrest-after-comcast-attack/|url-status=live}}</ref>
=== July 2015 Aptean SupportSoft vulnerability affecting Comcast === In July 2015, security researchers '''Blake Welsh''' and '''Eric Taylor''' discovered a cross-site scripting (XSS) vulnerability in Aptean's SupportSoft customer support software, which was used by Comcast. The flaw allowed malicious code to be injected via manipulated URLs, enabling the display of fake login pages that could be used for phishing attacks. Comcast was among the companies tested and notified of the issue.<ref>{{cite web |last=Biggs |first=John |title=Major Security Bug In Aptean's Customer Response System Puts User Data At Risk |url=https://techcrunch.com/2015/07/31/major-security-bug-in-apteans-customer-response-system-puts-user-data-at-risk/ |work=TechCrunch |date=July 31, 2015 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151549/https://techcrunch.com/2015/07/31/major-security-bug-in-apteans-customer-response-system-puts-user-data-at-risk/ |url-status=live }}</ref>
===2015 password reset incident=== In November 2015, Comcast required approximately 200,000 customers to reset their passwords after email and password combinations were discovered for sale online. The company stated its internal systems were not breached and that the compromised credentials were likely obtained from other breaches, phishing, or malware.<ref>{{cite magazine |title=200,000 Comcast Customers Told to Reset Passwords After Data Offered for Sale |url=https://time.com/4105920/comcast-customer-information/ |magazine=Time |date=November 9, 2015 |access-date=September 14, 2025}}</ref> <ref>{{cite web |title=Comcast resets 200,000 passwords offered for sale on Dark Web |url=https://news.sophos.com/en-us/2015/11/10/comcast-resets-200000-passwords-offered-for-sale-on-dark-web/ |website=Sophos News |date=November 10, 2015 |access-date=September 14, 2025 |archive-date=September 17, 2025 |archive-url=https://web.archive.org/web/20250917113133/https://news.sophos.com/en-us/2015/11/10/comcast-resets-200000-passwords-offered-for-sale-on-dark-web/ |url-status=live }}</ref><ref>{{cite news |title=Comcast customers warned to change passwords |url=https://abc7chicago.com/post/comcast-customers-warned-to-change-passwords/1078118/ |work=ABC7 Chicago |date=November 10, 2015 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151558/https://abc7chicago.com/post/comcast-customers-warned-to-change-passwords/1078118/ |url-status=live }}</ref><ref>{{cite web |title=Comcast Asks 200,000 Customers To Reset Passwords |url=https://www.rttnews.com/2578421/comcast-asks-200000-customers-to-reset-passwords.aspx |website=RTTNews |date=November 10, 2015 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151549/https://www.rttnews.com/2578421/comcast-asks-200000-customers-to-reset-passwords.aspx |url-status=live }}</ref><ref>{{cite web |title=Comcast's Password Reset of 200k Accounts shows need for stronger Carrier & ISP Account Security |url=https://dis-blog.thalesgroup.com/security/2015/11/11/comcasts-password-reset-of-200k-accounts-shows-need-for-stronger-carrier-isp-account-security/ |date=November 11, 2015 |access-date=September 14, 2025 |archive-date=September 22, 2023 |archive-url=https://web.archive.org/web/20230922145234/https://dis-blog.thalesgroup.com/security/2015/11/11/comcasts-password-reset-of-200k-accounts-shows-need-for-stronger-carrier-isp-account-security/ |url-status=live }}</ref><ref>{{cite news |title=200,000 Comcast accounts locked down |url=https://www.usatoday.com/story/tech/2015/11/09/comcast-200000-hackers-breach-lockdown/75470608/ |work=USA Today |date=November 9, 2015 |access-date=September 14, 2025 |archive-date=December 31, 2025 |archive-url=https://web.archive.org/web/20251231020119/https://www.usatoday.com/story/tech/2015/11/09/comcast-200000-hackers-breach-lockdown/75470608/ |url-status=live }}</ref>
===2016 Xfinity Home security system flaws=== In January 2016, researchers at Rapid7 disclosed flaws in Comcast's Xfinity Home security system. The vulnerabilities allowed attackers to disrupt communications between sensors and the central hub using radio jamming, potentially preventing the detection of intrusions. The system also failed to alert users when communications were lost.<ref>{{cite magazine |last=Greenberg |first=Andy |title=Xfinity's Security System Flaws Open Homes to Thieves |url=https://www.wired.com/2016/01/xfinitys-security-system-flaws-open-homes-to-thieves/ |magazine=Wired |date=January 5, 2016 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151547/https://www.wired.com/2016/01/xfinitys-security-system-flaws-open-homes-to-thieves/ |url-status=live }}</ref><ref>{{cite web |last=Kovacs |first=Eduard |title=Serious Flaw Found in Comcast's Xfinity Home Security System |url=https://www.securityweek.com/serious-flaw-found-comcasts-xfinity-security-system/ |website=SecurityWeek |date=January 5, 2016 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151548/https://www.securityweek.com/serious-flaw-found-comcasts-xfinity-security-system/ |url-status=live }}</ref><ref>{{cite web |last=Ms. Smith |title=Flaws in Comcast's Xfinity Home Security: System fails to warn homeowners of intruders |url=https://www.csoonline.com/article/554161/flaws-in-comcasts-xfinity-home-security-system-fails-to-warn-homeowners-of-intruders.html |website=CSO Online |date=January 5, 2016 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151551/https://www.csoonline.com/article/554161/flaws-in-comcasts-xfinity-home-security-system-fails-to-warn-homeowners-of-intruders.html |url-status=live }}</ref>
===2023 Xfinity CitrixBleed data breach CVE-2023-4966=== In December 2023, Comcast disclosed that approximately 35.9 million Xfinity accounts had been affected by exploitation of a Citrix NetScaler Vulnerability (computer security), known as "CitrixBleed" (CVE-2023-4966).<ref>{{cite web |title=CVE-2023-4966 Detail |url=https://nvd.nist.gov/vuln/detail/CVE-2023-4966 |website=National Vulnerability Database |publisher=National Institute of Standards and Technology |access-date=September 14, 2025 |archive-date=September 15, 2025 |archive-url=https://web.archive.org/web/20250915200320/https://nvd.nist.gov/vuln/detail/cve-2023-4966 |url-status=live }}</ref><ref>{{cite web |title=NetScaler ADC and NetScaler Gateway Security Bulletin for CVE-2023-4966 and CVE-2023-4967 |url=https://support.citrix.com/support-home/kbsearch/article?articleNumber=CTX579459 |website=Citrix Support |date=October 10, 2023 |access-date=September 14, 2025 |archive-date=September 3, 2025 |archive-url=https://web.archive.org/web/20250903133708/https://support.citrix.com/support-home/kbsearch/article?articleNumber=CTX579459 |url-status=live }}</ref><ref>{{cite web |title=NetScaler ADC and NetScaler Gateway Security Bulletin for CVE-2023-4966 and CVE-2023-4967 |url=https://support.citrix.com/external/article/579459/netscaler-adc-and-netscaler-gateway-secu.html |website=Citrix Support |publisher=Citrix Systems, Inc. |date=October 10, 2023 |access-date=September 14, 2025 |archive-date=September 9, 2025 |archive-url=https://web.archive.org/web/20250909235455/https://support.citrix.com/external/article/579459/netscaler-adc-and-netscaler-gateway-secu.html |url-status=live }}</ref><ref>{{cite web |last=Demmer |first=Sebastian |author2=Nicole JeNaye |author3=Doug Bienstock |author4=Tufail Ahmed |author5=John Wolfram |author6=Ashley Frazer |title=Investigation of Session Hijacking via Citrix NetScaler ADC and Gateway Vulnerability (CVE-2023-4966) |url=https://cloud.google.com/blog/topics/threat-intelligence/session-hijacking-citrix-cve-2023-4966/ |website=Google Cloud Blog |date=October 31, 2023 |access-date=September 14, 2025 |archive-date=September 12, 2025 |archive-url=https://web.archive.org/web/20250912075337/https://cloud.google.com/blog/topics/threat-intelligence/session-hijacking-citrix-cve-2023-4966/ |url-status=live }}</ref><ref>{{cite web |title=#StopRansomware: LockBit 3.0 Ransomware Affiliates Exploit CVE 2023-4966 Citrix Bleed Vulnerability |url=https://www.cyber.gov.au/about-us/view-all-content/alerts-and-advisories/stopransomware-lockbit-3.0-ransomware-affiliates-exploit-cve-2023-4966-citrix-bleed-vulnerability |website=Cyber.gov.au |publisher=Australian Cyber Security Centre |date=22 November 2023 |access-date=14 September 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151549/https://www.cyber.gov.au/about-us/view-all-content/alerts-and-advisories/stopransomware-lockbit-3.0-ransomware-affiliates-exploit-cve-2023-4966-citrix-bleed-vulnerability |url-status=live }}</ref><ref>{{cite web |title=CVE-2023-4966: Exploitation of Citrix NetScaler Information Disclosure Vulnerability |url=https://www.rapid7.com/blog/post/2023/10/25/etr-cve-2023-4966-exploitation-of-citrix-netscaler-information-disclosure-vulnerability/ |website=Rapid7 Blog |publisher=Rapid7 |date=27 October 2023 |access-date=14 September 2025 |archive-date=September 3, 2025 |archive-url=https://web.archive.org/web/20250903110120/https://www.rapid7.com/blog/post/2023/10/25/etr-cve-2023-4966-exploitation-of-citrix-netscaler-information-disclosure-vulnerability/ |url-status=live }}</ref><ref>{{cite web |title=CVE-2023-4966 |url=https://www.cve.org/CVERecord?id=CVE-2023-4966 |website=CVE |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151550/https://www.cve.org/CVERecord?id=CVE-2023-4966 |url-status=live }}</ref><ref>{{cite web |title=CISA Releases Guidance for Addressing Citrix NetScaler ADC and Gateway Vulnerability CVE-2023-4966, Citrix Bleed |url=https://www.cisa.gov/news-events/alerts/2023/11/07/cisa-releases-guidance-addressing-citrix-netscaler-adc-and-gateway-vulnerability-cve-2023-4966 |website=CISA |date=November 7, 2023 |access-date=September 14, 2025 |archive-date=September 19, 2025 |archive-url=https://web.archive.org/web/20250919190305/https://www.cisa.gov/news-events/alerts/2023/11/07/cisa-releases-guidance-addressing-citrix-netscaler-adc-and-gateway-vulnerability-cve-2023-4966 |url-status=live }}</ref><ref>{{cite web |last=Shetty |first=Anil |title=CVE-2023-4966: Critical security update now available for NetScaler ADC and NetScaler Gateway |url=https://www.netscaler.com/blog/news/cve-2023-4966-critical-security-update-now-available-for-netscaler-adc-and-netscaler-gateway/ |website=NetScaler Blog |date=October 23, 2023 |access-date=September 14, 2025 |archive-date=September 13, 2025 |archive-url=https://web.archive.org/web/20250913232700/https://www.netscaler.com/blog/news/cve-2023-4966-critical-security-update-now-available-for-netscaler-adc-and-netscaler-gateway/ |url-status=live }}</ref><ref>{{cite web |title=Analytics Story: Citrix NetScaler ADC and NetScaler Gateway CVE-2023-4966 |url=https://research.splunk.com/stories/citrix_netscaler_adc_and_netscaler_gateway_cve-2023-4966/ |website=Splunk Research |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151552/https://research.splunk.com/stories/citrix_netscaler_adc_and_netscaler_gateway_cve-2023-4966/ |url-status=live }}</ref> Exposed information included usernames, encrypted passwords, and, for some customers, dates of birth, contact details, and the last four digits of Social Security numbers. Comcast required password resets and urged customers to enable two-factor authentication.<ref>{{cite web |title=Comcast's Xfinity discloses massive data breach linked to CitrixBleed vulnerability |url=https://www.cybersecuritydive.com/news/comcasts-xfinity-data-breach-citrixbleed/702957/ |work=Cybersecurity Dive |date=December 19, 2023 |access-date=September 14, 2025 |archive-date=September 14, 2025 |archive-url=https://web.archive.org/web/20250914181817/https://www.cybersecuritydive.com/news/comcasts-xfinity-data-breach-citrixbleed/702957/ |url-status=live }}</ref><ref>{{cite web |last=Nelson |first=Nate |title=Comcast Xfinity Breached via CitrixBleed; 35M Customers Affected |url=https://www.darkreading.com/cyberattacks-data-breaches/comcast-xfinity-breached-citrix-bleed-35m-customers |work=Dark Reading |date=December 19, 2023 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151555/https://www.darkreading.com/cyberattacks-data-breaches/comcast-xfinity-breached-citrix-bleed-35m-customers |url-status=live }}</ref><ref>{{cite web |title=Data-Incident |url=https://assets.xfinity.com/assets/dotcom/learn/Data-Incident.pdf |work=Xfinity |date=December 6, 2023 |access-date=September 14, 2025 |archive-date=December 5, 2025 |archive-url=https://web.archive.org/web/20251205021231/https://assets.xfinity.com/assets/dotcom/learn/Data-Incident.pdf |url-status=live }}</ref>
===2024 vendor ransomware exposure (FBCS)=== In February 2024, Financial Business and Consumer Solutions (FBCS), a debt collection agency formerly used by Comcast, reported a ransomware attack that exposed information on approximately 237,000 Comcast customers. The exposed data included names, addresses, date of birth, Social Security numbers, and account numbers.<ref>{{cite web |title=238,000 Comcast Customers Hit by FBCS Ransomware Attack |url=https://www.securityweek.com/238000-comcast-customers-hit-by-fbcs-ransomware-attack/ |work=SecurityWeek |date=October 7, 2024 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151547/https://www.securityweek.com/238000-comcast-customers-hit-by-fbcs-ransomware-attack/ |url-status=live }}</ref><ref>{{cite web |title=Data breach leaks SSNs of over 230,000 Comcast customers |url=https://www.theverge.com/2024/10/7/24264283/comcast-fcbs-data-breach-ssn-names |work=The Verge |last=Roth |first=Emma |date=October 7, 2024 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151548/https://www.theverge.com/2024/10/7/24264283/comcast-fcbs-data-breach-ssn-names |url-status=live }}</ref><ref>{{cite web |last=Khaitan |first=Ashish |title=Comcast Data Breach Exposes Personal Information of 237,000 |url=https://thecyberexpress.com/comcast-data-breach-confirmed/ |work=The Cyber Express |date=October 8, 2024 |access-date=September 14, 2025 |archive-date=October 5, 2025 |archive-url=https://web.archive.org/web/20251005151557/https://thecyberexpress.com/comcast-data-breach-confirmed/ |url-status=live }}</ref>
===2025 Salt Typhoon espionage reports=== In June 2025, U.S. government agencies assessed that Comcast was among several telecommunications providers likely targeted by a Chinese state-linked cyber-espionage group referred to as "Salt Typhoon". Details of the intrusion and whether data was exfiltrated remain unclear.<ref>{{cite web |title=US agencies assessed Chinese telecom hackers likely hit data center and residential internet providers |url=https://www.nextgov.com/cybersecurity/2025/06/us-agencies-assessed-chinese-telecom-hackers-likely-hit-data-center-and-residential-internet-providers/405920/ |work=Nextgov |date=June 2025 |access-date=September 14, 2025 |archive-date=September 13, 2025 |archive-url=https://web.archive.org/web/20250913204717/https://www.nextgov.com/cybersecurity/2025/06/us-agencies-assessed-chinese-telecom-hackers-likely-hit-data-center-and-residential-internet-providers/405920/ |url-status=live }}</ref><ref>{{cite web |last=Gatlan |first=Sergiu |title=Telecom giant Viasat breached by China's Salt Typhoon hackers |url=https://www.bleepingcomputer.com/news/security/telecom-giant-viasat-breached-by-chinas-salt-typhoon-hackers/ |work=BleepingComputer |date=June 19, 2025 |access-date=September 14, 2025 |archive-date=September 8, 2025 |archive-url=https://web.archive.org/web/20250908105123/https://www.bleepingcomputer.com/news/security/telecom-giant-viasat-breached-by-chinas-salt-typhoon-hackers/ |url-status=live }}</ref><ref>{{cite web |title=Chinese Group Hacks 'Edge' Devices in Ongoing Telecom Targeting - Bloomberg |url=https://www.bloomberg.com/news/articles/2025-07-17/chinese-group-hacks-edge-devices-in-ongoing-telecom-targeting |last=bleiberg |first=jake |work=Bloomberg |date=July 17, 2025 |access-date=September 14, 2025 |archive-date=August 26, 2025 |archive-url=https://web.archive.org/web/20250826110658/https://www.bloomberg.com/news/articles/2025-07-17/chinese-group-hacks-edge-devices-in-ongoing-telecom-targeting |url-status=live }}</ref>
==Criticism and controversies== {{main|Criticism of Comcast}}
[[Image:Comcast service van.jpg|thumb|right|Comcast service van, 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 |title=The American Customer Satisfaction Index (ACSI) - National Cross-Industry Measure of Customer Satisfaction |url=https://theacsi.org/ |url-status=dead |archiveurl=https://web.archive.org/web/20090312061951/http://www.theacsi.org/index.php?option=com_content&task=view&id=86&Itemid=90 |archivedate=March 12, 2009 |access-date=22 January 2026 |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 |title=The American Customer Satisfaction Index (ACSI) - National Cross-Industry Measure of Customer Satisfaction |url=https://theacsi.org/ |url-status=dead |archiveurl=https://web.archive.org/web/20070827175226/http://www.theacsi.org/index.php?option=com_content&task=view&id=169&Itemid=168 |archivedate=August 27, 2007 |access-date=22 January 2026 |website=The American Customer Satisfaction Index}}</ref><ref>{{Cite web |title=The American Customer Satisfaction Index (ACSI) - National Cross-Industry Measure of Customer Satisfaction |url=https://theacsi.org/ |url-status=dead |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 |archivedate=November 16, 2007 |access-date=22 January 2026 |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 name=":0">{{cite web |date=April 8, 2014 |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/ |access-date=22 January 2026 |website=The Consumerist |archive-date=October 9, 2014 |archive-url=https://web.archive.org/web/20141009232416/http://consumerist.com/2014/04/08/congratulations-to-comcast-your-2014-worst-company-in-america/ |url-status=dead }}</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|archive-date=February 7, 2018|archive-url=https://web.archive.org/web/20180207005208/https://www.opensecrets.org/lobby/clientsum.php?id=D000000461|url-status=live}}</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 filed a lawsuit against Comcast Corporation in King County Superior Court, alleging the company's own documents reveal a pattern of illegally deceiving its customers to pad its 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 on their bills. 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 its 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 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 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 it promised to give if customers kept up-to-date on their monthly bills for 90 days on its 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 its services in its advertisements.<ref>{{Cite web |date=January 15, 2020 |title=Comcast/Xfinity to issue refunds to settle Minnesota lawsuit |url=https://apnews.com/article/d6c97d0470dbf7757ab2f4bb4f379619 |access-date=22 January 2026 |website=Associated Press}}</ref>
Comcast was the last major cable provider or streamer to neglect to carry the ACC Network, prompting some customers to consider cutting the cord or switching providers.<ref>{{Cite web |last=Hite |first=Patrick |title=ACC fans considering leaving Comcast in order to watch new ACC Network |url=https://www.newsleader.com/story/sports/2019/09/10/acc-network-comcast-negotiations-virginia/2272646001/ |access-date=2026-01-21 |website=The News Leader |language=en-US}}</ref><ref name="U-Verse">{{Cite news |last=Cain |first=Brooke |date=September 26, 2019 |title=College sports fans can celebrate: ACC Network is finally available on AT&T U-verse |url=https://www.heraldonline.com/sports/college/acc/article235477507.html |access-date=22 January 2026 |work=The Herald}}</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>{{Cite news |last=Whitler |first=Kimberly A. |title=Comcast Violates A Key Marketing Principle: Never Give Your Customers A Reason To Switch |url=https://www.forbes.com/sites/kimberlywhitler/2019/09/21/comcast-violates-a-key-marketing-principle-never-give-your-customers-a-reason-to-switch/#76ca756a3325 |access-date=2026-01-21 |work=Forbes |language=en}}</ref> North Carolina Governor Roy Cooper asked Comcast and AT&T to carry the network, after which AT&T did so on its U-Verse cable service.<ref name=U-Verse/><ref>{{Cite news |title=NC governor asks TV providers to reach ACC Network deals |url=http://www.startribune.com/nc-governor-asks-tv-providers-to-reach-acc-network-deals/560886222/ |archive-url=https://web.archive.org/web/20191001153949/http://www.startribune.com/nc-governor-asks-tv-providers-to-reach-acc-network-deals/560886222/ |archive-date=2019-10-01 |access-date=2026-01-21 |work=Star Tribune}}</ref> Comcast signed a deal to carry the ACC Network in November 2021.
In June 2021, the Supreme Court rejected a petition for review by Comcast regarding an antitrust 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 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 |url=https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2021/04/Carbon-Footprint-Data-Report.pdf |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 |archive-date=October 15, 2021 |access-date=22 January 2026 |website=Comcast}}</ref>
{| class="wikitable" |+ Comcast's annual total CO2e emissions (direct + indirect) (in kilotonnes) |- ! Dec. 2019 !! Dec. 2020 !Dec. 2021 !Dec. 2022 |- | 2,540<ref name="Comcast Total CO2e emissions for 2020Q4" />|| 2,291<ref name="Comcast Total CO2e emissions for 2020Q4"/> |2,071<ref name="CFDR">{{cite web |title=2023 Carbon Footprint Data Report |url=https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2023/10/2023-CFDR-All-Scopes-Final.pdf |url-status=dead |archive-url=https://web.archive.org/web/20240322180253/https://update.comcast.com/wp-content/uploads/sites/33/dlm_uploads/2023/10/2023-CFDR-All-Scopes-Final.pdf |archive-date=March 22, 2024 |access-date=22 January 2026 |website=Comcast}}</ref> |1,978<ref name="CFDR"/> |}
== Notes == {{Reflist|group=note}}
== References == {{Reflist}}
==External links== *{{Official website|https://corporate.comcast.com}} {{Finance links | name = Comcast Corporation | symbol = CMCSA | sec_cik = 1166691 | yahoo = CMCSA | google = CMCSA:NASDAQ }} {{Commons category-inline}}
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