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Posts Tagged ‘Comcast’

Comcast offers subsidized Internet

by Associated Press Published: August 16,2011

Tags: Comcast, poverty, subsidized Internet

Comcast is offering low-cost Internet access for children living in poverty who qualify for free school lunches. Spokeswoman Cindy Parsons says the company wants to help families keep up with their school work. More than a third of Colorado students qualify for free lunches, which is a measure of poverty. The program is being offered [...] [...]

Comcast to invest $300M more in NBCU this year

by Associated Press Published: May 4,2011

Tags: Comcast

Comcast Corp. will spend an extra $300 million this year on NBCUniversal, mostly to pay for new prime-time shows in a turnaround effort at broadcaster NBC. The company, which bought a controlling interest in NBCUniversal in January, said $200 million will be spent mainly on new NBC shows to fill the 10 p.m. slot where [...] [...]

Comcast posts 8 percent decline in 3Q profit

by Associated Press Published: October 27,2010

Tags: Comcast

Comcast Corp. reported an 8 percent drop in third-quarter earnings Wednesday, a decline caused by expenses related to its pending acquisition of NBC Universal and other one-time costs. But the country’s biggest cable provider’s revenue climbed at its fastest pace in more than a year on the strength of pricier TV services and cable advertising. [...] [...]

USOC, Comcast end Olympic channel talks (access required)

by Becky Hurley Published: April 27,2010

Tags: agreement, Comcast, USOC

Sports Business Daily reported last week that the USOC and Comcast have agreed to end last year's agreement to launch an Olympic channel. The decision to walk away from last year's agreement to launch an Olympic channel, brings an end to the USOC's nearly four-year effort to launch its own network. [...]

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