Comcast CEO Brian Roberts | Photo courtesy Comcast
Remember the Olympics? The world’s social and political climate may have shadowed this summer’s grand sporting event, but the games are still happening in less than two weeks. About 207 countries and 10,500 athletes are expected to participate, and Comcast says it will capture it all. The company has been working all along to bring fans a viewing experience of the future, they say.
For the Olympic enthusiasts out there, Comcast and NBCUniversal will record every single event and have a projected 6,775 hours of Olympic content available, including live, on demand and online streaming content.
If you sat down to watch that content straight through, you’d be at it for 250 days.
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Comcast’s “WiFi on Wheels” will hit the streets next week to keep people plugged in during the Democratic National Convention.
The WoW vans are essentially mobile amenity hotspots that each hold six Ericsson Wi-Fi access points, which can project internet speeds five times faster than cellular phones, according to the company. Connection is available to those within a 500-foot range of a van.
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Comcast Center | Jeff Fusco
About 35,000 households across Philadelphia are now eligible to apply for Internet Essentials, Comcast’s high-speed internet program for low-income families.
Comcast and the U.S. Department of Housing and Urban Development (HUD) also announced today that nationwide, an estimated total of 2 million households will now have access to the internet program.
The expansion follows several other attempts by Comcast to increase access to low-income families through pilot programs in the last year, and is also possible through HUD’s ConnectHome, an initiative of the Obama Administration to expand high-speed affordable broadband access, technical training, digital literacy programs, and electronic devices to all Americans.
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Wells Fargo Center | Photo by PHL Approach via Wikimedia Commons.
Comcast Business has been named the official broadband and telecommunications provider for the Democratic National Convention, the Philadelphia host committee announced on Tuesday.
No surprise here. In Philadelphia, the media giant has already made moves to upgrade its XFinity WiFi network at several transportation hubs around the city in time for the influx of an anticipated 50,000 guests in town July 25th-28th.
At the Wells Fargo Center, where the main convention events will take place, Comcast will provide network connections for internet, WiFi, Ethernet, Voice and TV services for convention attendees, operations personnel and vendors working in the arena.
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Comcast announced on Tuesday that it is opening up free access to more than 150 XFinity WiFi hotspots at SEPTA Regional Rail and High Speed Line stations throughout the region.
The move is an effort to help SEPTA riders stay connected and productive while the trains run on a modified schedule, the company says. At the beginning of the month, SEPTA removed a third of its train cars after discovering a defect in its Silverliner V cars.
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Comcast has reached an agreement with Netflix to integrate the service into Comcast’s X1 platform.
The news was first reported by Recode, which called it a “very big deal.” Netflix stock jumped after the news was broken.
Comcast and Netflix have previously been critical with each other, but now the two companies are teaming up. They released a joint statement to Philadelphia magazine and other media outlets. Read more »
Drivers from the NASCAR XFINITY Series will promote an upcoming race at Pocono Raceway by doing a lap around Philadelphia City Hall at noon today.
The XFINITY Series is NASCAR’s second-level circuit, though racers from the top level also often compete in it. Pocono Raceway — known as the “Tricky Triangle” due to its design — hosts the Pocono 250 on Saturday, June 6th. The clumsily- named Axalta “We Paint Winners” 400, on the primary NASCAR Sprint Cup circuit, follows the next day. Read more »
This Saturday, thousands of Comcast employees across the country will, alongside their family and friends, take part in Comcast Cares Day, which is the a community service project that is the largest single-day volunteer event in the country. This year, 100,000 people are expected to take part across the country, with around 6,000 in the greater Philadelphia region alone. Read more »
Photo illustration | Dan McQuade
Time was, Comcast made its money by selling you cable television. They’d bundle you a package of channels, try to sell you a premium movie channel or two, tack on fees for box and remote rental, and reap the rewards. Cable was almost the only way you could see every Sixers game or the latest Tales from the Crypt episode.
This model is going away. 2013 was the first year the pay-TV industry lost subscribers. You can buy HBO separately from any cable package with HBO Now. You can watch a massive library of TV shows with subscriptions to Netflix, Hulu or other services. You can buy TV show episodes à la carte from various services. Comcast says it will soon allow you go to sans cable box and just use a forthcoming app. Comcast still makes a bulk of its money off selling people cable (and Internet and, for some reason, landline phones). But one day, cord-cutters are going to significantly cut into that business.
Comcast didn’t get to build the tallest building in Philadelphia by being stupid: The Roberts family has recognized this. It was one of the prime reasons the company purchased NBC Universal in 2011; becoming more of a content provider was so important to Comcast that the company bought the remaining 49 percent of NBCUniversal (the company dropped the space in its name under Comcast ownership) just two years later.
Along with NBC, owned-and-operated local networks, cable channels, production and movie companies, Comcast also acquired several theme parks in the NBCU acquisition. As the cable model slowly whittles away, Comcast will need more ways to get you to fork over your hard-earned cash.
As such, yesterday Comcast announced its intention to buy DreamWorks Animation, the studio behind the hit movie franchises Shrek, Kung Fu Panda and Madagascar. Read more »
NBCUniversal, which is part of the mighty Comcast Corporation, announced the purchase of Dreamworks Animation today, in a major deal for the Philadelphia-based cable and entertainment conglomerate.
DreamWorks Animation is a production company that makes animated films, TV shows, live entertainment and related products. You know it from animated features like Shrek and Madagascar.
According to a statement from Comcast, DreamWorks has an equity value of about $3.8 billion, and DreamWorks stockholders will receive $41 per share. The boards of each company and the majority shareholder of DreamWorks have all approved the agreement, which is expected to be completed by the end of this year. Read more »