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Comcast

Adapted from Wikipedia · Adventurer experience

A Comcast service van parked in Ypsilanti Township, Michigan.

Comcast Corporation is a large American company. It works with media, telecommunications, and entertainment. The main office is in the Comcast Center in Philadelphia. It also has big offices in New York City at 30 Rockefeller Plaza.

Comcast is one of the biggest telecommunications companies in the world. It provides cable TV, home internet, and telephone services to many people in the United States. It also owns Xfinity and Comcast Business.

Since 2013, Comcast has owned NBCUniversal. Through NBCUniversal, Comcast makes movies and TV shows. It runs networks like NBC and Telemundo. It also operates theme parks under Universal Destinations & Experiences. Comcast owns the streaming service Peacock and other media brands.

History

Comcast began in 1963 when three men bought a small cable company in Tupelo, Mississippi. They named it Comcast Corporation in 1969. Over time, Comcast grew by buying other companies and became one of the largest cable and internet providers in the United States.

Ralph J. Roberts, founder of Comcast, with his son Brian L. Roberts, at their Philadelphia headquarters in 1999

In the 1990s and 2000s, Comcast continued to grow. It bought big cable companies and started its own internet service. In 2011, Comcast bought NBCUniversal, which includes many popular TV channels and movie studios.

Today, Comcast is a very large company with many parts, like cable and internet services, TV networks, and movie studios. It keeps changing and growing to stay important in entertainment and technology.

Divisions and subsidiaries

For a more comprehensive list, see list of assets owned by Comcast and list of libraries owned by Comcast.

Comcast Cable (Xfinity)

Main article: Xfinity

Comcast Cable, known as Xfinity, provides cable TV, internet, and phone services. It also offers services for small and medium businesses through Comcast Business, and for large companies through Comcast Enterprise.

NBCUniversal

Main article: NBCUniversal

Comcast gives TV programming to its customers and makes its own shows. It owns channels like Comcast SportsNet and SportsNet New York. In 2009, Comcast agreed to carry ESPNU and ESPN3 channels.

Comcast owns networks such as Bravo and NBCSN, along with regional sports networks. After buying most of NBCUniversal, Comcast added more channels. It also runs local channels in some areas with news and sports.

DreamWorks Animation

Main article: DreamWorks Animation

In 2016, NBCUniversal bought DreamWorks Animation, getting popular characters like Shrek, How to Train Your Dragon, and Kung Fu Panda. The purchase included many other beloved characters and stories.

Sky Group

Main article: Sky Group

Comcast offers TV programming through Sky in several European countries, including the United Kingdom, Ireland, Germany, Austria, Switzerland, and Italy. Sky is a big media company with many viewers.

Xumo

Main article: Xumo

Xumo is a free streaming service that Comcast bought in 2020. It plans to work with its other services and smart TV makers to bring more content to viewers.

Professional sports

In 1996, Comcast bought a big part of Spectacor. Today, Comcast Spectacor includes the Philadelphia Flyers hockey team and their arena. It also has parts of an esports group with a company in South Korea. Over time, Comcast has owned many sports channels and sponsored racing events.

Corporate affairs

Leadership

Comcast is described as a family business. Brian L. Roberts, its chairman and CEO, is the son of founder Ralph J. Roberts. Roberts owns about 1% of all Comcast shares but controls all of the Class B supervoting shares, giving him significant control over the company.

Board of directors

As of January 4, 2026:[update]

Executives

Brian L. Roberts
  • 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. In 2005, it announced it would become the anchor tenant in the new Comcast Center in downtown Philadelphia. In 2018, it finished construction of the Comcast Technology Center, Pennsylvania's tallest skyscraper, next to its original headquarters.

Employee relations

Comcast has faced criticism for some of its employee policies. Some reports say the company focuses too much on sales and that tech support could be better trained.

Despite these criticisms, Comcast has been recognized as a good place to work. It has appeared on lists of top places to work for its size, vision, and diversity.

Financial performance

Comcast reported a net profit each year from 2006 to 2022.

David L. Cohen in 2008

As of 2020, the company was ranked 28th on the Fortune 500 list of the largest U.S. corporations by total revenue.

For the fiscal year 2022, Comcast reported earnings of US$15.4 billion. Annual revenue increased by 4.3% over the same period. Their net debt was $91.2 billion as of December 31, 2022.

Lobbying and electoral fundraising

Comcast spends money on lobbying and supporting political campaigns. In 2013, it had one of the largest lobbying budgets in the United States. Comcast has supported many political candidates and causes.

Philanthropy

Comcast offers low-cost internet and cable service to schools, supported by government programs. The company also supports various community efforts through its foundation.

YearRevenue
in mil. US$
Net income
in mil. US$
Total assets
in mil. US$
Employees
200624,9662,533110,40590,000
200731,0602,587113,417100,000
200834,4232,547113,017100,000
200935,7563,638112,733107,000
201037,9373,635118,534102,000
201155,8424,160157,818126,000
201262,5706,203164,971129,000
201364,6576,816158,813136,000
201468,7758,380159,186139,000
201574,5108,163166,574153,000
201680,4038,695180,500159,000
201785,02922,714186,949164,000
201894,50711,731251,684184,000
2019108,94213,057263,414190,000
2020103,56410,534273,869168,000
2021116,38514,159275,905189,000
2022121,4005,370275,300186,000

Cybersecurity incidents

In May 2008, hackers took control of Comcast’s website for five hours by changing important settings. No one was hurt, but Comcast lost money because people could not use their email or phone services.

In July 2015, experts found a problem in software that Comcast used. This problem could let someone show fake login pages to trick people into sharing their passwords.

In November 2015, about 200,000 Comcast customers had to change their passwords after login details were found online. Comcast said this was not because of a problem in their own systems.

In January 2016, experts found issues with Comcast’s home security system. These problems could stop the system from working properly.

In December 2023, Comcast told customers that information from about 35.9 million accounts was affected by a problem with their software. This included usernames and encrypted passwords. Comcast asked customers to change their passwords and use extra security steps.

In February 2024, a company that used to collect debts for Comcast had a problem that let some customer information be seen online.

In June 2025, reports said that Comcast may have been targeted by a group linked to a foreign government, but details about what happened were not clear.

Criticism and controversies

Main article: Criticism of Comcast

Comcast service van, Ypsilanti Township, Michigan

Some people have not been happy with Comcast over the years. In surveys, many customers said they were not satisfied with the company's service. In contests, Comcast was sometimes chosen as the least popular company in the United States.

Comcast has also faced legal issues. In one case, the company agreed to improve its customer service and refund some money to customers. In another case, Comcast settled by refunding money and promising to be clearer about prices in the future.

Carbon footprint

Comcast told us how much of a gas called CO2e they put into the air. They measured this for the whole year that ended on December 31, 2020. The amount was 2,291 Kt. This was a tiny bit less than the year before.

Comcast's annual total CO2e emissions (direct + indirect) (in kilotonnes)
Dec. 2019Dec. 2020Dec. 2021Dec. 2022
2,5402,2912,0711,978

Related articles

This article is a child-friendly adaptation of the Wikipedia article on Comcast, available under CC BY-SA 4.0.

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