Comcast Financial Statement

As a publicly-traded corporation, Adelphia, Inc. was one of the largest providers of cable services in the United States. After the company went public, it was learned that the company had materially

The mission, vision, and values of Comcast are striving to become the number entertainment and telecommunication company in the world.

Comcast is a global technology and media company mainly known for its two main businesses, Comcast Cable & NBCUniversal. Comcast Cable is one of the largest service providers for phone, high-speed internet, video, and television services in the nation. While Comcast Cable is a cable giant in the area of business, the company has publically struggled significantly in the area of customer service. Comcast has had a number of public customer service complaints in recent years which quickly grabbed major media attention. These customers began recording phone frustrating calls with customer service representatives and posting them online via social media. Two of these dissatisfied customers were men named Ryan Block and Aaron Spain who posted their evidence of the

That was the title of Nate Shaughnessy’s article about the television deal. That statement is very relevant to this topic. The deal should make people wonder what the goal of the IHSSN really is; to showcase its states best high school athletes or to make as much money as they can (Shaughnessy 1). According to the IHSSN website regarding the reason that they completed the television deal with CSN Chicago, they say that it was not because of the money like many people are thinking (Why the IHSSN 1). If you were to go to the IHSSN website, you would be able to find an article titled “Why the IHSSN chose CSN…”. They state a lot of details in which many people wouldn’t understand to well. Scott Byer’s article summarizes it up well by saying, “it contains a lot of technical jargon about digital television, primary signals, high definition, and streaming services”. So overall, they think going with CSN Chicago would bring the best coverage of the IHSAA boys’ state events. The IHSSN provides as much technical terminology and details as they can to make the unsatisfied readers think that they indeed did make the right choice. In my interview with Scott Byer’s, the sports editor of the NWest IA Review, he stated that there are many signs indicating that the IHSSN will soon have total control of all broadcasts, including radio stations and newspapers, of the IHSAA championship events. For example, if a local radio station wanted to broadcast a

AT&T recently acquired DirecTV after the latter’s shareholders voted to endorse the acquisition or merger. The acquisition was first endorsed by the boards of these companies in May 2014 before being subjected to a review by anti-trust regulators in the Department of Justice and Federal Communications Commission (England-Nelson, 2014). The approval of the acquisition would result in the merger of the country’s largest wireless carrier with the biggest satellite TV provider in the country. The merger between these two firms is geared towards creation of a leading content provider across various platforms i.e. video, mobile, and broadband services. However, the acquisition was influenced by various factors and is associated with several significant effects in light of the organizational structure.

The NFL became a member of the nation’s elite corporations due to the selling of the rights to

Comcast has been dominating the cable industry into a suspected monopoly that has about 296.6 million customers and has spent $586 billion to do so. With the discovery of online streaming companies like Netflix were born and offer hope in ending Comcast’s rein on the cable industry as their business become obsolete. By understanding that customers are frustrated by cable and what satisfies them about cable we can restructure a company like Netflix in order to achieve this goal. By maximizing on this information in conjunction with their recent re-branding and superb customer service this new, improved, and imaginary Netflix will capitalize and become a larger competitor to Comcast.

Looking into the past couple years, and how each year has progressed from one to the other, it is clear that a cable bubble exists. Starting with the overall viewing of the channel, which has decrease over the years due to ‘cord cutters’. The network is in the middle of a historic struggle in which “the network as a whole lost close to 2 million subscribers in October (Fortune)”. The article on Fortune went on to say that “Late Friday, audience-tracking firm Nielsen released its estimates for November, and they showed that the sports network had lost an estimated 621,000 subscribers in a single month. That’s the biggest loss in the channel’s history.” This is troubling for ESPN as much of their profit comes from cable subscribers. “In a nutshell, the sports network is one of the most profitable traditional media distributors in the world, since it makes an estimated $7 per

Flashback to before September 9th, 1979, all televised sporting events were on ABC, NBC, or CBS, and fans had to wait for the 5 o'clock or 10 o'clock or the next morning's paper to see other teams' highlights and scores of. That was the pre-ESPN era. Now, sports fans have unlimited access about sports anytime they want 24/7 in today's sports world dominated by ESPN. William Rasmussen was the mastermind behind the fresh edgy network that's broadcast to over half the countries in the world. Blossoming into a mini-media conglomeration in its own, ESPN has conquered of the so-called "Sports Nation" does not show any signs of slowing down anytime take over. In addition of being a subsidiary of Walt Disney Company, ESPN's

“The Making of a Sports Media Empire”. An empire is a group of nations or people ruled over by an emperor, empress, or other powerful sovereign or government. In this case the group of people would be the sports junkies and the powerful sovereign would be ESPN. Sports fans look at ESPN as a lifestyle; an escape from real world problems. As for me being a sports fan, ESPN is my hero because I can always count on them for keeping me updated on what is happening in sports industry as a whole. For example, the ESPN app sends me notifications of game results and even breaking news on various sports. ESPN has an “invisible” power and control over millions and maybe billions of people. This book definitely highlights the business of broadcasting in the sports industry. Vogan does not just mention ESPN but also mentions other networks that could be a great to get into with the sports

According to Stafford and Heilprin, “American Cable Communications (ACC) was one of the largest cable operators in the United States (AirThread Case).” ACC serviced roughly 24.1 million video subscribers, 13.2 million high-speed internet subscribers, and 4.6 million landline telephony subscribers. In 2007, ACC saw revenues of $30.9 billion and had net income equaling $2.6 billion. In order to adapt to the changes in the industry, ACC started aggressively acquiring smaller companies, which resulted in huge customer growth and the development of, “a strong corporate finance team with significant acumen in identifying, valuing, structuring, and executing corporate control transaction (AirThread Case).” That being said, ACC has set its sights on yet another company--AirThread Connections--with the expectation of further revenue growth and customer acquisition and retention.

Also, according to its leverage ratios, the company’s debts are not only very high, but are also increasing. Its decreasing TIE ratio indicates that its capability to pay interests is decreasing. The company’s efficiency ratios indicate that despite the fact that its fixed assets are increasingly being utilized to generate sales during the years 1990-1991 as indicated by its increasing fixed asset turnover ratio, the decreasing total assets turnover indicate that overall the company’s total assets are not efficiently being put to use. Thus, as a whole its asset management is becoming less efficient. Last but not the least, based on its profitability ratios, the company’s ability to make profit is decreasing.

While analyzing AT& T a few differences are noted. As with Verizon, the current ratio did improve with an increase of five percent from 58% in 2005 to 63% in 2006. However, even though debt to equity decreased for both companies AT & T's decrease was only 4% compared to Verizon's significant decrease of 23%. The net profit margin ratio did opposite changes between the two companies while Verizon's increase not even one full percent AT &T's decreased by almost 3%. Even with these significant changes AT & T's price to earnings, as of 2006, was at 20.89 (www.hoovers.com). These variances tell us a couple of things. First, that AT& T has taken on more debt in 2006 versus 2005, but along with that debt they have been able to increase their net profit margin, helping the company in the way of earnings. The strong price to earnings ratio of 20.89 also shows that the shareholders are not faring too poorly either.

Time Warner facilitate for a wide range of customer types with their products and services they offer. Their products and services include; HBO, Time inc, Tuner broadcasting system and warner brother entertainment. Within these services there’s a variety of subsidiaries like, sports illustrated magazine (Time inc). They really try to accommodate for as many consumers as possible, focusing on the range of their products/services. Warner Brothers being a subsidiary of Time warne,r really emphasises the fact of facilitating for arguable all customer types. Online social media site Facebook, suggests Time Warner’s main customer type is between the ages of 25-34.

At the beginning, ESPN reached a mere one million households then skyrocketing to fifty-nine million households today. The birth of a nothing-but-sports-channel made way for sports coverage other than professional football and boxing. ESPN made deals with the NCAA to give exclusive coverage of football and basketball. The network’s coverage of the NCAA men’s basketball annual tournament—otherwise referred to as “March Madness”—has become as popular as the Super Bowl and World Series. ESPN also opened the gateway for more coverage of college women’s basketball and men’s baseball (Reeves). ESPN has opened the door for around-the-clock sports, giving you updates on the latest sporting news anytime of day. The ESPN network has expanded in the last couple of decades to have more channels offering more sports; these channels include: ESPN2, ESPNEWS, EPSN Classic, ESPN Deportes, ESPN U, ESPN 3.com, and ESPN 3D, as well as ESPN Mobile TV (ESPN). As the largest sports influence on television, ESPN has set a new standard for exceptional sports