Top 10 Media & Broadcasting Companies in the World 2016
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Comcast, formerly known as ‘Comcast holdings’ is an American MNC operating in broadcasting and cable network business.
Image: company website
Company is headquartered in Philadelphia, Pennsylvania, and Comcast is portmanteau of two words ‘Communication’ and ‘Broadcast’. It is sometimes described as a family business as the Brian Roberts, Chairman and CEO of Comcast is son of co-founder Ralph Roberts.
Comcast is the biggest broadcasting company in the world by revenue and provides services to residential as well as commercial customers in 40 states and districts of Columbia. Company operates cable channels such as Golf channel and NBCSN. It owns world’s one of the largest production house ‘Universal’. Comcast provides cable services to residential customers in US under brand name ‘XFINITY’. NBCUniversal, a subsidiary of Comcast, operates a portfolio of news and entertainment television channels, popular theme parks, a premier motion picture company.
Comcast’s other subsidiary Comcast Spectacor operates in sports management segment, offering high quality sports and entertainment channels across 48 states of USA. Comcast also invests in innovative start-ups through its venture capital affiliate Comcast Venture. Recently Comcast invests in one such newbie Liveninja that help people get the assistance they need through communication tools. Recently Comcast is in talks to acquire DreamWorks animation valued at $3 billion to combine it with its own animation house ‘Illumination entertainment’. This year Comcast is going to broadcast Rio Olympics to American fans and viewers will be excited to experience the blend of storytelling of NBCUniversal and technology of Comcast.
Revenue: USD 75447 million
Net income: USD 8238 million
The leading media and broadcasting companies of the world were considered. The revenues and profits for these companies were found, and a cumulative score was calculated. Based on these score the final rankings were done.