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QVC: Comcast sold its majority stake to Liberty Media in 2003; Speed Channel: joint venture with Cox Communications and Fox Entertainment Group; Fox acquired Comcast and Cox's stakes in 2001; Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery) in 2003.
Comcast touted that the merger would create a "world class media and technology company"; Comcast CEO Brian L. Roberts explained that the companies would be able to innovate quicker, and remain competitive with newer entrants into the industry, such as Verizon and Google Fiber. [1]
Comcast Cable Communications, LLC, doing business as Xfinity, is an American telecommunications business segment and division of the Comcast Corporation.It is used to market consumer cable television, internet, telephone, and wireless services provided by the company.
Comcast is offloading most of its cable properties in a ... is, in fact, an industry roll-up, then you could take other companies' cable networks and merge them in, cut out overhead, and combine ...
Source: Comcast Corporation Since deregulation of the cable television industry in 1996, rates have more than doubled. At the time, the legislation was heralded as good for consumers, but what ...
Comcast expects the spin-off to close in about one year (i.e. before the end of 2025), contingent on obtaining final approval from Comcast’s board of directors as well as “satisfactory ...
On December 3, 2009, Comcast and NBC Universal confirmed a $6.5 billion deal to merge the two companies, pending approval from the United States Department of Justice Antitrust Division; the deal would be structured as sale of Vivendi's stake in the company to GE for $5.8 billion, followed by Comcast acquiring a 51% controlling stake of NBC ...
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan.