Comcast (NASDAQ: CMCSA) is a publicly listed company headquartered in Philadelphia, Pennsylvania, United States that owns 8 consumer brands across 2 categories, and has 3 recorded transactions.[1]
Comcast began in 1963 with a small cable system in Mississippi and grew into the largest cable operator in the United States. Its 2011 purchase of NBCUniversal made a distribution company into a studio owner, and Sky added most of European pay television in 2018.
Comcast won Sky in a rare televised auction ordered by the British Takeover Panel, outbidding Twenty-First Century Fox at about £30 billion. It gave Comcast pay television across Britain, Ireland, Germany and Italy in a single step.
Comcast acquired DreamWorks Animation for about $3.8 billion, adding Shrek, Kung Fu Panda and How to Train Your Dragon to Universal. The studio had struggled as a standalone public company because a single failed film could ruin a year.
Comcast took majority control of NBCUniversal from General Electric in a transaction valuing the business at about $30 billion, contributing cable channels and $13.75 billion in cash. It turned the largest American cable distributor into a studio owner, and regulators imposed conditions on how it treated rival programmers.