Tag: Comcast Corporation

In Q4, Comcast Corporation saw its revenues rise 1.2 percent year-over-year to $32.3 billion, with full-year revenues remaining stable at $123.7 billion.

Comcast Corporation has officially completed the separation of Versant Media Group into a separate public company.

Comcast Corporation’s board of directors has officially approved the previously announced separation of Versant Media Group, which will house most of Comcast’s cable TV networks and several digital businesses.

Revenues at Comcast Corporation decreased 2.7 percent year-over-year to $31.2 billion in the third quarter, with net income decreasing 8.2 percent.

Mike Cavanagh has been named co-CEO at Comcast Corporation, serving alongside Brian L. Roberts.

Revenues at Comcast Corporation rose by 2.1 percent to $30.3 billion, with net income surging to $11.1 billion, boosted by the sale of its stake in Hulu.

Revenues at Comcast Corporation in the first quarter were flat at $29.9 billion, a less than 1 percent decrease, while net income dropped 12.5 percent to $3.4 billion.

Net income at Comcast Corporation in Q4 rose almost 47 percent to $4.8 billion on revenues that were 2.1 percent higher at $31.9 billion.

Comcast Corporation will create a new business encompassing NBCUniversal's cable networks, including USA Network and MSNBC, under the leadership of Mark Lazarus.

Boosted in part by the Summer Olympics, Comcast Corporation saw gains in Q3, with overall revenues up 6.5 percent and content and experiences revenues up almost 20 percent.