[WorldKings - Wowtimes - Almanac Events & Achievements 2022] The outstanding highlights that formed the 59 years of development of the world's largest mass media group - Comcast Corporation (1963)

10-06-2022

(worldkings.org) Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings) is an American multinational telecommunications conglomerate headquartered in Philadelphia, Pennsylvania.

Comcast  is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider.

provides services to U.S. residential and commercial customers in 40 states and the District of Columbia.As the parent company of the international media company NBCUniversal since 2011, Comcast is a producer of feature films for theatrical exhibition, and over-the-air and cable television programming.

The company’s milestones:

-In 1963 - Comcast is founded by Ralph Roberts with the purchase of American Cable Systems, a 1,200-subscriber cable system in Tupelo, MS. Dan Aaron and Julian Brodsky join as Ralph’s earliest colleagues who would help build the Company.

- In 1968 - Comcast acquires its first Muzak franchise in Orlando, FL and over the next several years would acquire many more.

- In 1969 - American Cable Systems is renamed Comcast and incorporated in Pennsylvania.

 

 

- In 1972 - Comcast marks its first public stock offering. Stock is traded on the NASDAQ Stock Market under the ticker symbol CMCSA.

- In 1973 - Comcast’s Music Network Division becomes No. 1 in size among independent Muzak operators, operating in 10 major marketing areas.

- In 1977 - HBO was first launched on a Comcast system with 20,000 customers in western Pennsylvania with a five-night free preview getting a 15% sign up rate.

- In 1983 - Expanded into the United Kingdom in 1983.

- In 1987 - Comcast Corporation was almost exclusively a cable television company.

- In 1988 - Comcast had 2 million customers and became the fifth-largest cable company in the United States.

- In the early 1995 - Federal Communications Commission (FCC) auction of PCS licenses, Sprint Spectrum was the biggest winner, gaining the rights to wireless licenses in 31 major United States markets, covering a population of 156 million.

- In 1996 – Comcast Home was launched in December 1996, offering high-speed interactive services, including 24-hour unlimited Internet access, through a cable modem to customers in Baltimore County, Maryland, and Sarasota, Florida. Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers.

 

 

- In 2002 - Comcast bought AT&T (T) Broadband cable systems in 2002, resulting in Comcast becoming the biggest cable company in the United States with 21 million customers.

- In 2003 - Comcast became one of the original investors in The Golf Channel.

- In 2004 - Comcast launches Home Networking, a service designed to network technical platforms within customers’ homes and certify them under the CableLabs Cable Home specification.

- In 2007 - Comcast SportsNet expands its RSN areas, launching in Bay Area, New England, and Northwest. Comcast Center opens as the nation’s tallest LEED Certified building.

- In 2008 - Comcast Interactive Media launches Fancast.com.

- In 2009 - Comcast becomes the nation’s largest Internet service provider.

 

 

- In 2012 - Comcast Business Services launches Comcast Business Hospitality, a new product suite consisting of Ethernet, Internet, video and voice services packaged in one integrated offering customized for the hospitality industry. Comcast launches the new Xfinity Wireless Gateway, giving customers the fastest in-home WiFi connection versus its major competitors.

- In 2014 - NASCAR and Comcast announce a historic agreement that will make Comcast’s XFINITY brand the title sponsor of what is now known as the NASCAR Nationwide Series through 2024.

- In 2018 - Comcast unveils the Comcast Technology Center in Philadelphia.

- In 2020 - Comcast NBCUniversal launches its new streaming platform, Peacock in the U.S.

According to corporate.comcast.com. Source of photo: internet 


Bee (Collect) - WORLDKINGS (Source of photos: Internet)

 

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