History of Comcast in Timeline
Comcast Corporation is a major American multinational mass media and telecommunications conglomerate headquartered in Philadelphia. Ranked as the third-largest broadcasting and cable television company globally by revenue, Comcast is a leading provider of pay-TV, cable TV (by subscribers), and home internet services in the United States. As of 2023, Comcast held the 51st position in the Forbes Global 2000, highlighting its significant global presence and financial performance within the media and telecommunications sectors.
1920: Ralph J. Roberts born
In 1920, Ralph J. Roberts, the founder of Comcast, was born.
1963: Purchase of American Cable Systems
In 1963, Ralph J. Roberts and his partners purchased American Cable Systems for U.S. $500,000.
1965: Purchase of Storecast Corporation of America
In 1965, American Cable Systems purchased Storecast Corporation of America, a marketing firm.
1968: First Muzak Franchise
In 1968, American Cable Systems purchased its first franchise of Muzak.
March 5, 1969: Re-incorporation as Comcast Corporation
On March 5, 1969, the company was re-incorporated in Pennsylvania under the name Comcast Corporation.
June 29, 1972: Initial Public Offering
On June 29, 1972, Comcast's initial public offering occurred on the NASDAQ.
1977: HBO Launched on Comcast System
In 1977, HBO was first launched on a Comcast system with 20,000 customers in western Pennsylvania.
1986: Purchase of Group W Cable Stake
In 1986, Comcast bought 26% of Group W Cable, doubling its number of subscribers to 1 million. Comcast also made a founding investment in QVC.
1988: Acquisition of SCI Holdings and American Cellular Network Corporation
In 1988, Comcast acquired a 50% share of SCI Holdings and acquired American Cellular Network Corporation for $230 million, marking the first time it became a mobile phone operator.
February 1990: Brian Roberts Becomes President of Comcast
In February 1990, Brian L. Roberts succeeded his father, Ralph Roberts, as president of Comcast.
1994: Comcast Purchases Maclean-Hunter's American Division
By 1994, 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. Comcast also owned 50% stock in Garden State Cable.
1996: Acquisition of Spectacor
In 1996, Comcast acquired Spectacor, a professional sports company.
1996: Comcast Buys Controlling Stake in Spectacor
In 1996, Comcast acquired a controlling stake in Spectacor, a company founded by Ed Snider, whose holdings included the Philadelphia Flyers NHL hockey team and their home arena in Philadelphia.
1996: Internet Service and Comcast Spectacor Formation
In 1996, Comcast launched internet connection with the @Home Network and formed Comcast Spectacor, becoming owner of the Philadelphia Flyers.
1997: Cable Acquisitions
In 1997, Comcast's cable acquisitions included Jones Intercable, Inc. with 1 million customers, and a stake in Prime Communications with 430,000 subscribers.
December 31, 1997: Digital TV Service Availability
By December 31, 1997, Comcast's digital TV service was available in Philadelphia, Detroit, Baltimore, Orange County, California, Sarasota and Union, New Jersey areas. Microsoft invested $1 billion in Comcast in 1997 and Comcast gained controlling interest in E! Entertainment in partnership with Disney.
February 1998: Sale of U.K. Division to NTL
In February 1998, Comcast sold its U.K. division to NTL for US$600 million, along with the division's $397 million in debt.
November 1999: Comcast Purchases Lenfest Communications
In November 1999, Comcast acquired Lenfest Communications, then the ninth-largest cable television operator and the largest in the Philadelphia area. This acquisition consolidated Comcast's control in the Philadelphia region and added approximately 1.3 million cable subscribers. The purchase included the remaining 50% stock of Garden State Communications, which Comcast had co-owned with Lenfest.
1999: Sale of Comcast Cellular and New Launches
In 1999, Comcast sold Comcast Cellular to SBC Communications and launched Comcast University as well as Comcast Interactive Capital Group. Comcast also acquired Greater Philadelphia Cablevision in 1999.
2000: Forbes Global 2000
In 2000, the entry makes reference to Forbes Global 2000.
October 2001: Excite@Home Bankruptcy
In October 2001, Excite@Home went bankrupt.
December 7, 2001: Reincorporation in Pennsylvania
On December 7, 2001, after announcing the acquisition of AT&T Broadband assets, Comcast decided to retain only the Comcast name and reincorporated the company and new assets in Pennsylvania.
2001: Customer Service Rating Surveys Began
In 2001, the ACSI surveys began and indicated that Comcast's customer service has not improved since its start.
January 2002: Comcast Takes Over Internet Services
In January 2002, following the bankruptcy of Excite@Home, Comcast took over providing internet services directly to consumers.
November 18, 2002: Comcast Acquires AT&T Broadband
On November 18, 2002, Comcast officially acquired all assets of AT&T Broadband, making Comcast the largest cable television company in the United States with over 22 million subscribers. This acquisition spurred the creation of Comcast Advertising Sales.
2002: Comcast Pays for Naming Rights to the Xfinity Center
In 2002, Comcast paid the University of Maryland $25 million for naming rights to the new basketball arena built on the College Park campus. From its opening in 2002 through July 2014, the arena was called Comcast Center before it was renamed the Xfinity Center.
2003: Investment in The Golf Channel
In 2003, Comcast became one of the original investors in The Golf Channel.
February 11, 2004: Comcast Bids for Disney
On February 11, 2004, Comcast announced a $54 billion bid for Disney, including taking on $12 billion of Disney's debt, which would have made Comcast the largest media conglomerate globally.
2004: Dispute with CWA Labor Union
In 2004, a dispute with the Communications Workers of America (CWA) led to allegations of management intimidating workers and unwarranted disciplinary action for union members.
2004: Comcast Receives Worst Customer Satisfaction Rating
In 2004, 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.
January 3, 2005: Comcast Center Announcement
On January 3, 2005, Comcast announced it would become the anchor tenant in the new Comcast Center in downtown Philadelphia.
April 8, 2005: Partnership Finalizes Deal to Acquire MGM and United Artists
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. This created an additional outlet to carry MGM/UA's material for cable and Internet distribution.
April 2005: Comcast and Time Warner Cable Plan to Buy Adelphia Cable Assets
In April 2005, Comcast and Time Warner Cable announced plans to jointly acquire the assets of bankrupted Adelphia Cable for a total of $17.6 billion.
October 31, 2005: Comcast Acquires Susquehanna Communications
On October 31, 2005, Comcast officially announced its acquisition of Susquehanna Communications, a South Central Pennsylvania-based cable television and broadband services provider, for $775 million in cash.
December 2005: Comcast Creates Interactive Media Division
In December 2005, Comcast announced the creation of Comcast Interactive Media, a new division focused on online media.
2006: Acquisition of thePlatform
In 2006, Comcast acquired thePlatform, a digital distribution service.
2006: Adelphia Cable Asset Acquisition Finalized
In 2006, the deal between Comcast, Time Warner Cable, and Adelphia Cable was finalized. As part of the deal, Time Warner Cable and Comcast traded existing subscribers to consolidate them into larger geographic clusters.
January 1, 2007: Comcast Takes Control of Houston System
On January 1, 2007, Comcast officially took control of the Houston cable system after dissolving its partnership with Time Warner Cable, though it continued to operate under the Time Warner Cable brand initially.
April 3, 2007: Comcast to Acquire Patriot Media
On April 3, 2007, Comcast announced its plan to acquire the cable systems owned and operated by Patriot Media for $483 million, serving approximately 81,000 video subscribers.
May 2007: SmartZone Announcement
In May 2007, Comcast announced a dashboard called SmartZone that allowed users to perform mobile functions online. The launch was in September 2008.
June 19, 2007: Comcast Takes Control of Houston System
On June 19, 2007, Comcast began operating the Houston cable system under the Comcast brand after taking control of it from Time Warner Cable.
2007: Comcast Backs Obama's Presidential Runs
From 2007 to 2012, Comcast vice president David Cohen raised over $2.2 million for Barack Obama's presidential runs.
2007: Comcast Receives Worst Customer Satisfaction Rating Again
In 2007, the American Customer Satisfaction Index (ACSI) survey again found that Comcast had the worst customer satisfaction rating of any company or government agency in the country.
May 2008: Comcast Purchases Plaxo
In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million.
2008: Low Customer Satisfaction Ratings
During the year 2008, Comcast's customer satisfaction ratings were among the lowest in the cable industry.
2008: Rated Among Top Companies for Workforce Diversity
In 2008, Black Enterprise magazine rated Comcast among the top 15 companies for workforce diversity.
May 19, 2009: Disney and ESPN Agreement with Comcast
On May 19, 2009, Disney and ESPN announced an agreement that allowed Comcast Corporation to carry the channels ESPNU and ESPN3.
October 1, 2009: Reports of Comcast's Interest in Buying NBC Universal
On October 1, 2009, media outlets reported that Comcast was in talks to buy NBC Universal. General Electric was considering spinning off NBC Universal into a separate company that would merge NBC's television network and its cable properties with Comcast's content assets.
November 1, 2009: Comcast Moves Closer to Deal to Purchase NBC Universal
On November 1, 2009, it was reported that Comcast had moved closer to a deal to purchase NBC Universal and that a formal announcement could be made the following week.
2009: Inclusion on "Top 10 Places to Work in Cable"
In 2009, Comcast was included on CableFAX magazine's "Top 10 Places to Work in Cable", citing its "scale, savvy and vision".
2010: Brian Roberts' Compensation
In 2010, Brian L. Roberts was one of the highest paid executives in the United States, with a total compensation of about $31 million.
2010: Comcast Wins "Worst Company In America" Award
In 2010, Comcast received the Consumerist's "Worst Company In America" award. In response, Comcast publicly acknowledged the award and cited efforts to improve customer service, including the development of the Tech ETA app.
2010: Comcast Awarded "Worst Company in America" Award for the First Time
In 2010, Comcast was awarded the "Worst Company in America" award for the first time by The Consumerist.
2010: Named "The Worst Company in America" by The Consumerist
In 2010, Comcast was dubbed "The Worst Company in America" by The Consumerist due to issues such as net neutrality violations, lack of competition, and antitrust concerns.
2010: Comcast Receives "F" for Corporate Governance
In 2010, Comcast was given an "F" for its corporate governance practices by Corporate Library, an independent shareholder-research organization.
January 18, 2011: FCC Approves Comcast's Acquisition of NBC Universal
On January 18, 2011, the FCC approved Comcast's deal to buy a controlling stake in NBC Universal by a vote of 4 to 1.
January 28, 2011: Comcast Completes Acquisition of NBC Universal
On January 28, 2011, Comcast completed the transaction to acquire a controlling 51% stake in NBC Universal, including Universal Pictures.
2011: PAC Contributions
From 2011 to 2012, Comcast's PAC raised about $3.7 million for the campaigns of various candidates for office in the United States Federal Government.
2011: Criticism from Writers Guild of America
In 2011, Comcast received criticism from the Writers Guild of America for its policies regarding unions.
December 2012: Comcast Adopts New Corporate Logo
In December 2012, Comcast adopted a new corporate logo, incorporating NBC's peacock logo to signify its ownership of the broadcaster.
2012: Comcast Backs Obama's Presidential Runs
From 2007 to 2012, Comcast vice president David Cohen raised over $2.2 million for Barack Obama's presidential runs.
February 12, 2013: Comcast to Acquire Remaining Stake in NBCUniversal
On February 12, 2013, Comcast announced it would acquire the remaining 49% of General Electric's interest in NBCUniversal, in a deal valued at approximately $16.7 billion.
March 19, 2013: Comcast Completes Acquisition of NBCUniversal
On March 19, 2013, Comcast completed its acquisition of the remaining 49% stake in NBCUniversal from General Electric.
2013: Comcast Ownership of NBCUniversal
In 2013, Comcast became the owner of NBCUniversal, expanding its operations into film production, television programming, and theme parks.
2013: Lobbying Budget
In 2013, Comcast spent $18.8 million on lobbying, making it the seventh largest lobbying budget of any company or organization in the United States.
2013: Concerns Over FCC Head's Ties to Cable Lobby
In 2013, critics noted that Tom Wheeler, the head of the FCC, was formerly head of both the National Cable & Telecommunications Association and CTIA – The Wireless Association.
February 12, 2014: Comcast Seeks to Acquire Time Warner Cable
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.
March 6, 2014: Department of Justice Investigates Comcast-Time Warner Cable Deal
On March 6, 2014, the United States Department of Justice Antitrust Division confirmed that it was investigating the proposed acquisition of Time Warner Cable by Comcast.
March 2014: DOJ Chairman Recuses Himself from Comcast-Time Warner Cable Deal Investigation
In March 2014, the chairman of the United States Department of Justice Antitrust Division, William Baer, recused himself from the investigation of the Comcast-Time Warner Cable deal due to prior involvement with the Comcast NBCUniversal acquisition.
April 9, 2014: Senate Judiciary Committee Holds Hearing on Comcast-Time Warner Cable Deal
On April 9, 2014, the U.S. Senate Judiciary Committee held a hearing on the proposed acquisition of Time Warner Cable by Comcast.
April 2014: Comcast Awarded "Worst Company in America" Award
In April 2014, Comcast was awarded the 2014 "Worst Company in America" award by The Consumerist.
November 2014: Anonymous Employee Article on Cracked
In November 2014, an article by an anonymous Comcast call center employee appeared on Cracked, criticizing the company's sales focus and lack of employee training.
2014: Acquisition of FreeWheel
In 2014, Comcast acquired FreeWheel, an ad-tech company.
2014: Failed Acquisition of Time Warner Cable
In 2014, Comcast failed to acquire Time Warner Cable.
2014: Concerns Over Comcast-Time Warner Cable Deal
In 2014, critics expressed concern that the proposed Comcast acquisition of Time Warner Cable would give Comcast greater negotiating power in areas such as rebroadcast fees and peering agreements.
April 24, 2015: FCC General Counsel Recommends Hearing on Comcast-Time Warner Cable Deal
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 regarding the Comcast and Time Warner Cable deal.
August 2015: Comcast Increases Internet Speeds for Low-Income Customers and Launches Watchable
In August 2015, Comcast announced it would increase Internet speeds for low-income customers and launched Watchable, a YouTube competitor.
2015: Death of Ralph J. Roberts
In 2015, Ralph J. Roberts, the founder of Comcast, passed away.
April 28, 2016: Comcast Announces Acquisition of DreamWorks Animation
On April 28, 2016, Comcast officially announced that its NBCUniversal subsidiary would acquire DreamWorks Animation for $3.8 billion.
August 1, 2016: Washington State AG Sues Comcast for Deceptive Practices
On August 1, 2016, Washington State Attorney General Bob Ferguson filed a lawsuit against Comcast Corporation, alleging the company illegally deceived customers. The FCC also fined Comcast $2.3 million for charging customers for unordered services and equipment.
August 8, 2016: Comcast Changing Channel Format
On August 8, 2016, an official Comcast employee confirmed that Comcast was changing native 1080i channels to the 720p60 format.
August 22, 2016: Comcast Completes Acquisition of DreamWorks Animation
On August 22, 2016, Comcast completed its acquisition of DreamWorks Animation, integrating it into Universal Filmed Entertainment as part of Universal Pictures.
September 2016: Comcast Confirms Launch of MVNO Cellular Network with Verizon Wireless
In September 2016, Comcast confirmed that it would launch an MVNO cellular network with Verizon Wireless, expected to launch in mid-2017.
February 2017: Comcast Ordered to Cease Advertising Claim
In February 2017, Comcast was ordered by the National Advertising Review Board to stop claiming it had "America's fastest internet" based on Speedtest.net data, along with unsubstantiated claims of offering the "fastest in-home Wi-Fi."
April 6, 2017: Xfinity Mobile Officially Announced
On April 6, 2017, Comcast officially announced its MVNO cellular service as Xfinity Mobile.
November 16, 2017: Comcast Attempted Purchase of 21st Century Fox
On November 16, 2017, reports surfaced that Comcast was attempting to purchase 21st Century Fox. The deal, similar to Disney's negotiation, included the 20th Century Fox film and television studios, cable entertainment, broadcast satellite networks (FX Networks, National Geographic Partners, Fox Sports Networks), and international channels like Star India. Excluded were Fox Broadcasting Company, Fox Television Stations, Fox Sports, and Fox News units, which would later form Fox Corporation.
December 11, 2017: Comcast Dropped Bid for 21st Century Fox
On December 11, 2017, Comcast officially dropped its bid to acquire 21st Century Fox, stating a lack of sufficient engagement to make a definitive offer.
February 27, 2018: Comcast Offered to Purchase Sky plc Stake
On February 27, 2018, Comcast offered to purchase a 61% stake in Sky plc for £12.50 per-share, totaling approximately £22.1 billion. This move aimed to expand Comcast's presence in English-speaking markets and create synergies between NBCUniversal and Sky.
April 25, 2018: Comcast Made Formal Counter-Bid for Sky plc
On April 25, 2018, Comcast formally made its counter-bid for Sky plc, offering £12.50 per-share, leading Sky to withdraw its recommendation of the Fox bid.
May 7, 2018: Comcast Announced Potential Bid Against Disney's Fox Acquisition
On May 7, 2018, Comcast announced a potential bid against Disney's efforts to acquire Fox, considering a $60 billion cash offer pending approval of the AT&T–Time Warner merger.
June 5, 2018: Clearance for 21st Century Fox and Comcast's Sky plc Acquisition Offers
On June 5, 2018, Culture Secretary Matt Hancock cleared both 21st Century Fox and Comcast's respective offers to acquire Sky plc, with Fox's offer contingent on divesting Sky News.
June 15, 2018: European Commission Gave Antitrust Clearance to Comcast's Sky Offer
On June 15, 2018, the European Commission granted antitrust clearance to Comcast's offer to purchase Sky, citing limited impact on competition due to Comcast's existing assets in Europe. Comcast included a 10-year commitment to Sky News operations and funding, similar to Disney's offer.
June 19, 2018: Disney Agreed to Acquire Sky News as Part of Fox's Bid
On June 19, 2018, Disney formally agreed to acquire Sky News as part of Fox's proposed bid, committing to increase its annual funding from £90 million to £100 million over 15 years.
June 20, 2018: Disney and Fox Amended Merger Agreement
On June 20, 2018, Disney and Fox amended their merger agreement, increasing Disney's offer to $71.3 billion, a 10% premium over Comcast's $65 billion offer. They also offered shareholders the option of receiving cash instead of stock.
July 11, 2018: 21st Century Fox and Comcast Raised Bids for Sky plc Assets
On July 11, 2018, 21st Century Fox raised its bid to purchase Sky plc assets to $32.5 billion, or $18.57 a share. In response, Comcast increased its bid to $34 billion, or $19.5 a share, while Fox also received clearance from the British government to purchase Sky.
July 12, 2018: Department of Justice Filed Notice of Appeal for AT&T Acquisition of Time Warner
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. Analysts suggested this was potentially detrimental to Comcast's Fox acquisition efforts.
July 16, 2018: Comcast Unlikely to Continue Bidding War for Fox, Favoring Sky
On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney, preferring to focus on its bid for Sky.
July 18, 2018: Sky Board Scheduled Shareholder Vote on Selling Sky Properties
On July 18, 2018, Bloomberg reported that the Sky board scheduled July 27, 2018, as the day shareholders would vote on selling Sky properties.
July 27, 2018: Disney and Fox Shareholders Scheduled Vote on Selling Fox's Properties to Disney
On June 28, 2018, Disney and Fox shareholders scheduled July 27, 2018, as the date to vote on selling Fox's properties to Disney, allowing Comcast time to make a higher counter-offer for the Fox assets.
September 22, 2018: Comcast Outbid 21st Century Fox for Sky plc
On September 22, 2018, Comcast increased its bid for Sky plc to $40 billion, or $22.57 a share, outbidding 21st Century Fox.
September 25, 2018: Comcast Bought a Stake of Sky plc
On September 25, 2018, Comcast bought a 30% stake of Sky plc.
September 26, 2018: Fox Sold Stake to Comcast
On September 26, 2018, Fox sold its 39% stake to Comcast in exchange for $15 billion in cash.
October 2018: Comcast Acquires Sky Group
In October 2018, Comcast became the parent company of Sky Group after acquiring 21st Century Fox's stake and the rest of Sky.
November 7, 2018: Comcast Acquired Rest of Shares
On November 7, 2018, The merger between Comcast and Sky was completed when the company was delisted after becoming a wholly owned subsidiary and division of Comcast.
December 21, 2018: Minnesota AG Files Lawsuit Against Comcast
On December 21, 2018, Minnesota State Attorney General Lori Swanson filed a lawsuit against Comcast alleging overcharging customers and adding unauthorized services.
2018: Completion of Comcast Technology Center
In the fall of 2018, construction was completed on the Comcast Technology Center, Pennsylvania's tallest skyscraper, adjacent to its original headquarters.
2019: Universal Takes Over Distribution of DreamWorks Animation Films
In 2019, Universal took over distribution of DreamWorks Animation films starting with How to Train Your Dragon: The Hidden World after DreamWorks Animation's deal with 20th Century Fox ended.
2019: Comcast Theme Park Revenue
In 2019, revenue for Comcast's theme park locations was $1.63 billion.
January 25, 2020: Comcast Settles Minnesota Lawsuit
On January 25, 2020, Comcast settled the lawsuit filed by the Minnesota Attorney General, being ordered to refund 15,600 customers and provide debt relief to 16,000 others.
February 25, 2020: Comcast Acquired Xumo
On February 25, 2020, Comcast acquired Xumo, a free ad-supported streaming television (FAST) service, for an undisclosed amount. Comcast planned to use Xumo as a complement to its premium streaming service Peacock and compete with other FAST services.
March 2020: California Theme Park Closed Due to COVID-19
Since March 2020, Comcast's theme park in California has been closed due to the COVID-19 pandemic.
December 2020: Comcast CO2e Emissions Reported
In December 2020, 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).
2020: Ranked on Fortune 500
As of 2020, Comcast was ranked 28th on the Fortune 500 rankings of the largest United States corporations by total revenue.
2020: Contribution to Rule of Law Defense Fund
In 2020, Comcast contributed $200,000 to the Rule of Law Defense Fund, which was later linked to the Save America March.
January 6, 2021: Attack on the U.S. Capitol
On January 6, 2021, the Save America March devolved into an attack on the U.S. Capitol. Comcast had contributed to a fund linked to the march in 2020.
June 2021: Supreme Court Rejects Comcast Petition
In June 2021, the Supreme Court rejected a petition for review by Comcast regarding an anti-trust lawsuit by Viamedia, Inc.
October 19, 2021: Comcast Announced XClass TV
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.
November 2021: Comcast Signs Deal to Carry ACC Network
In November 2021, Comcast signed a deal to carry the ACC Network.
April 2022: Comcast and Charter Formed Joint Venture for Streaming Platform
In April 2022, Comcast and Charter Communications announced a joint venture to create a "next-generation streaming platform," with Comcast contributing its Xfinity Flex, XClass TV, and Xumo businesses.
June 20, 2022: Comcast Acquired Levl
On June 20, 2022, Comcast acquired Levl, an American-Israeli startup that develops technology to authenticate wireless devices and prevent hacking, for an estimated $50 million. Subsequently, Comcast announced the establishment of its first development center in Israel.
November 2022: Comcast and Charter Announced Rebranding of Streaming Services
In November 2022, Comcast and Charter announced that their joint venture would use the Xumo name. Xumo, Xfinity Flex, and XClass TV were rebranded as Xumo Play, Xumo Stream Box, and Xumo TV, respectively.
December 31, 2022: Fiscal Year Earnings Reported
For the fiscal year 2022, Comcast reported earnings of US$15.4 billion. As of December 31, 2022, the net debt was $91.2 billion, exceeding total shareholders equity of $80.9 billion.
2023: Comcast Ranked in Forbes Global 2000
In 2023, Comcast was ranked 51st in the Forbes Global 2000 list.
May 2024: Comcast Announces Xfinity StreamSaver
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+, promised over 30% savings or nearly $100 annually.
September 2024: Comcast Donation to Anti-Abortion PAC
In September 2024, Marc Caputo reported that Comcast had made a $50,000 donation to the anti-abortion PAC Florida Freedom Fund.
October 31, 2024: Consideration of Cable Networks Spin-Off
On October 31, 2024, Mike Cavanagh announced on the company's 2024 third-quarter earnings call that Comcast would consider a spin-off of its cable networks.
2024: Comcast Signs Deal with Starlink
In 2024, Comcast signed a deal with Starlink to provide satellite-based connectivity to business customers in regions with limited network access.
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