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Comcast is increasing Internet speeds for many customers in the Northeastern United States — although Philly still has to wait a while for the ultra-fast 2-gigabit-per-second service that has debuted in select markets.
The cable and Internet giant said it’s Blast! tier of customers will go from 105 megabits per second (Mbps) to 150 Mbps. It’s also introducing a Performance Pro speed tier that will bump many triple-play customers from 25 Mbps to 75 Mbps. Read more »
1. Comcast Fourth-Highest in Advertising Spending
The News: Comcast spent $3 billion on advertising in 2014. That’s the fourth-highest total of any company in the United States, according to a new study from Advertising Age. Still, the company’s ad spend was down 1.7 percent year-over-year. Read more »
Forbes loves publishing lists of the richest people in the world, and we love reading them. And now, the publication has come out with its 2015 America’s Richest Families List. Read more »
Kabletown has officially taken over 30 Rock. Comcast and NBC Universal have officially taken down the GE sign at the top of 30 Rockefeller Plaza and the replacements have a decidedly Philly feel. Apparently, it’s not enough for Philly to own Penn Station. Here’s more from NBC10:
The rooftop signs on the 70-story building replace the General Electric initials and add the company’s logo and the NBC Peacock logo to the New York City skyline. It’s the first time that the iconic peacock will appear on top of the television network’s historic headquarters.
Originally named the RCA Building and more recently known as the GE Building, the new corporate name will be called the Comcast Building, though we’d guess people will still just call it 30 Rock. The Philly’s historic connection to the building doesn’t stop at Comcast and Tina Fey jokes: Read more »
Get your sports geek on with the Comcast X1 Sports app.
With the help of a 5-year-old Philly tech company, Comcast is launching the Xfinity Sports App for the X1 platform.
It provides a plethora of visual sports info along the right side of the screen to help fans follow along with each game. Let’s take baseball for example. The app not only features the pitching match-ups and box scores casual fans are used to, but also strike-out percentages, hit zones and spray charts for the stat geeks. It kind of feels like ESPN’s GameCast but on your TV. Read more »
Comcast CEO Brian Roberts (left) and Aramark CEO Eric Foss.
With many questioning the high salary of CEOs — especially since the economic collapse of 2008 — more and more companies are tying pay to performance. So the Wall Street Journal compared CEO pay to shareholder value in an attempt to find the best performing chief executives.
The Journal reports that all 10 of the CEOs with the best shareholder returns got raises in 2014, but two of the 10 worst performers also saw pay increases — including the lowest ranking CEO on the list. Read more »
Ralph Roberts | Comcast
Ralph Roberts was “inspirational,” a “tireless humanitarian,” a “consummate gentleman,” and “the man I hope to evolve into one day.”
There’s little doubt that the man who grew Comcast from a tiny cable operation in Mississippi to the country’s largest provider of cable and Internet is very much revered in the business world.
Here’s just a sampling of what the business community is saying about Roberts after his death: Read more »
Photo | Jeff Fusco
Here is what they’re saying about the death of Ralph Roberts, the founder of Comcast:
Forbes: “Ralph was a remarkable man who touched the lives of so many people,” the Roberts family said in a statement. “He was a wonderful husband, father and grandfather and perhaps most importantly, a kind and humble human being. He will always be remembered for his generosity, integrity, honesty, kindness and respect for everyone around him. He was an inspiration to us all and we will miss him greatly.”
AP: “He remade the cable industry. When he started, it was a bunch of mom and pop businesses. He’s shown that you can take that idea and transition it to a worldwide media business,” said Terry Bienstock, a former general counsel at Comcast who met Roberts in the early 1980s. “The NBC thing will be his legacy.”
Read more »
Ralph Roberts | Comcast
I heard about the passing of Ralph Roberts on CNBC on satellite radio today. My thoughts immediately went to Brian and the entire Comcast family. It is a family whose culture and mores were imprinted by the man who founded the company many years ago.
I met Mr. Roberts on a number of occasions and was always struck by his gentlemanly demeanor. There is a word in Yiddish that best describes him – “Hamish” –a man who is unpretentious, warm and loving. And he was the best example I know of the advice attributed to Boston Celtics hall of famer Red Auerbach: “Dress British Think Yiddish.” He always wore a properly fitted suit and bow tie.
But he was a tough competitor as well. Read more »
At the Comcast Center, Ralph Roberts was paid tribute on the lobby’s high-definition video screens.
Comcast founder Ralph Roberts has died at the age of 95, the company announced today.
Roberts founded what would become Comcast when he and two partners purchased a small Tupelo, Miss.-based cable operator named American Cable Systems from Jerrold Electronics in 1963. The company was incorporated in Pennsylvania in 1969, eventually rising to the cable, Internet, phone and content behemoth it is today.
“Ralph was a born entrepreneur, a visionary businessman, a philanthropist and a wonderful human being,” Comcast said in a statement. “Ralph built Comcast into one of America’s greatest companies and his vision and spirit have been at the heart of Comcast and our culture for 50 years. He will be truly missed. Ralph’s greatest love was his family, and our deepest sympathies go to his wife Suzanne and the entire Roberts family.”
Read more »