Originally published: December 7, 2009
Last updated: December 7, 2009 - 10:06pm
Do people know what Comcast actually owns?
It sells cable video to 24.2 million subscribers, serving 26 percent of multichannel video consumers across the country. It also offers high-speed Internet to 14.9 million households and phone service to 6.5 million VoIP customers.
But Comcast has its fingers in many other pies. Comcast Interactive owns Plaxo, Fandango, Fancast, Daily Candy, and Comcast.net.
Comcast runs what the company calls five "significant programming networks." Its most popular is E! Entertainment Television, which has 85 million subscribers; the Golf Channel, with 73 million; VERSUS, a sports and leisure programming network, with 66 million; G4 ("gamer lifestyle programming") with 57 million; and Style ("lifestyle-related programming") with 51 million. On top of these there's the Comcast SportsNet system, with branches in the Baltimore/Washington area, California, the Mountain states, Boston, Portland, and Chicago. Comcast owns not only sports content but a range of sports entertainment franchises and businesses under the rubric of Comcast Spectacor. Spectacor runs the Philadelphia Flyers hockey team, the Philadelphia 76ers basketball team, and Philadelphia's Wachovia Center Sports Arena. It also operates the Global Spectrum event management company, which runs events around the United States and Canada, the Front Row venue marketing/advertising firm, the New Era ticket processing company, a skating production company, a food services company, and several other ventures.
In addition to all this, Comcast has "non-controlling interests" in a host of related enterprises. These include iN DEMAND, TV One (African-American-oriented programming), MGM, SportsNet New York, FEARnet (horror Web TV on demand), New England Cable News, Music Choice, the Pittsburgh Cable News Channel, and PBS KIDS Sprout. (The last is a partnership between Comcast, HIT Entertainment, PBS, and Sesame Workshop.)
Comcast also has put some investment money into the Clearwire and SpectrumCo wireless ventures. Other Clearwire investors include Intel, Google, Time Warner Cable, and Bright House Networks.
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