Comcast Revenues Skyrocket in Second Quarter

It’s good to be the king.

Philly-based Comcast brought in $16.8 billion in revenues during the second quarter of 2014, a 3.5 percent increase over 2013. It did so even though it lost 144,000 cable subscribers nationwide during the quarter — a number offset by the addition 203,000 high-speed Internet subscribers and a 22 percent increase in the company’s increasingly important “business services” offerings.

The company generated 76 cents of earnings per share, compared to 65 cents per share a year ago.

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Comcast Today: Merger Isn’t Getting Public Support

There’s not been much news on the Comcast-Time Warner merger front lately, but the FCC — which must approve the merger, and will decide the conditions under which it will be approved — is getting thousands of comments from the public.

And if a dip into those comments by Philly Mag is any indication, those comments are almost overwhelmingly negative.

In recent days, many of the comments posted — they’re available for viewing online at the FCC’s website — appear to have been part of an orchestrated campaign by RFD-TV, a rural cable channel whose devoted viewers believe they’d be abandoned in a Comcast-dominated world. (Comcast’s failure to carry RFD was at the center of Rep. Louie Gohmert’s grilling of Comcast VP David Cohen during a congressional hearing this spring.)

Some RFD-related comments:

Virginia’s BH Hubbard:

Screen Shot 2014-06-24 at 11.28.12 AM

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