Top 10 Conglomerates in USA 2016

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4. Comcast

Comcast, an American media company came into existence in 1969.

Image: Wikimedia

The word Comcast came from words communication and broadcasting, and it is the largest broadcasting and cable television Company by revenue. Headquarters of the company are located in Philadelphia, Pennsylvania.

It provides services to US residential and commercial customers in 40 states and in District of Columbia. Comcast also produces feature films. Comcast operates multiple cable-only channels, over-the-air national broadcast network channels and film production studio in Los Angeles and Orlando. The first universal park of Comcast was opened in Japan in 2001 and was opened in Singapore in 2011 (Universal Singapore). In January 1999, it started its first venture capital fund named Comcast Interactive Capital.

Major acquisitions and assets by Comcast are AT&T Broadband, Patriot Media, Universal Parks & Resorts, Universal Studios Hollywood, NBC Universal, and Movies 24. Also it has joint ventures with NHL (National Hockey League), TV one, Sports Net New York, Hulu, Comcast Spectator operating and entertainment venue. It is present in various fields such as Technology, Internet, TV, Internet Essentials, Communications, Mobile, Customer Experience, Advertising, and Recreation centers (Parks & Resorts). Comcast being a Media Conglomerate has the ability, creativity, experience and leadership to shape the future of media and Technology. Recently Comcast also bought DreamWorks animations and its major IPs including Madagascar, How to train your dragon, Kung Fu panda, and Shrek. It also has an exclusive variety network for its cablevision subscribers.

Founded: 1963

Market Cap: $ 148.2 bn.

Revenue: $ 74.51 bn.

Net Income: $ 8.16 bn.

Total Assets: $ 166.57 bn.

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