Comcast Corporation
American multinational telecommunications and media conglomerate operating Xfinity, NBCUniversal, and Sky, headquartered in Philadelphia, Pennsylvania.
Company Type
public
Founded
1963
Headquarters
Philadelphia, Pennsylvania, USA
Stock
NASDAQ: CMCSA
About Comcast Corporation
Comcast is a publicly traded company with no parent company. Brian L. Roberts, son of founder Ralph J. Roberts, serves as Chairman and CEO and holds Class B shares with enhanced voting rights. The company trades on NASDAQ under CMCSA.
Yes. Comcast trades on NASDAQ under the ticker symbol CMCSA. The company is a component of the S&P 500 and NASDAQ-100.
In January 2025, Comcast announced plans to spin off most of its cable television networks, including MSNBC, CNBC, Bravo, USA Network, E!, Syfy, and Oxygen, into a separate publicly traded company referred to as SpinCo. Comcast will retain NBC, Telemundo, Peacock, Universal Pictures, and the theme park businesses.
Comcast owns Xfinity (U.S. broadband and cable), NBCUniversal (NBC, Telemundo, Peacock, Universal Pictures, Universal Studios theme parks, and cable networks), and Sky (European telecommunications and media in the UK, Ireland, Germany, Austria, and Italy).
Comcast was founded in 1963 as American Cable Systems by Ralph J. Roberts, Daniel Aaron, and Julian A. Brodsky. The company was renamed Comcast Corporation in 1969.
History of Comcast Corporation
Brands Owned by Comcast Corporation
View all 10 brandsComcast Corporation owns 10 brands in our database. Showing featured brands below.
Bravo
Owned by Comcast Corporation
American cable television network owned by Comcast Corporation's NBCUniversal division, specializing in lifestyle, reality, and entertainment programming.
CNBC
Owned by Comcast Corporation
American cable business and financial news network owned by Comcast Corporation's NBCUniversal division, providing business news and financial analysis.
MSNBC
Owned by Comcast Corporation
American cable news network being spun off from NBCUniversal as part of the new Versant media company in 2026, rebranding to MS Now, providing news, analysis, and opinion programming.
NBC
Owned by Comcast Corporation
American commercial broadcast television network and flagship property of Comcast Corporation's NBCUniversal division.
Peacock
Owned by Comcast Corporation
Streaming platform owned by NBCUniversal, a subsidiary of Comcast Corporation, launched in 2020.
Sky
Owned by Comcast Corporation
European telecommunications and media company owned by Comcast Corporation, providing television, broadband, and telephone services across Europe.
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Stock Information
Comcast Corporation Ownership: Pros & Cons
Advantages
- +Largest U.S. home broadband provider with over 32 million customers, a structurally advantaged business
- +Diversified revenue across broadband, media, entertainment, streaming, and European telecommunications
- +NBCUniversal provides valuable content assets including Universal Pictures film franchises and theme parks
- +Epic Universe theme park opening in Orlando in 2025 represents a major new revenue driver
- +Peacock streaming service growing subscriber base with exclusive sports and entertainment content
- +FY2024 revenue of approximately $123.7 billion demonstrates scale and diversification
Considerations
- -Traditional cable video subscribers declining as cord-cutting accelerates
- -Planned SpinCo spinoff of cable networks reflects structural challenges in linear television
- -Peacock requires continued heavy content investment to compete with Netflix and Disney+
- -Roberts family dual-class share structure limits outside shareholder influence on governance
- -Sky faces competitive pressure in European markets from fiber and streaming competitors
- -High debt load from historical acquisitions (NBCUniversal, Sky) limits financial flexibility
Frequently Asked Questions About Comcast Corporation
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