Comcast starts Internet-related investment fund: Using $100 million of its own money, the cable TV company positions itself for a fast-changing era
Article Abstract:
Comcast Corp., a cable television company in Philadelphia, has set up its own venture capital fund. Following a well documented trend, the company is seeking internet service companies in which to invest. During the first three quarters of 1998 $7.5 billion in venture capital was invested in technology companies, out of $10.5 billion nationwide. Comcast, by investing on their own instead of through a group venture fund, expect to have more control over their investments.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
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Comcast hears call
Article Abstract:
Comcast Corp. spent about $39 billion to build a digital network that provides the fastest Internet connections and video-on-demand choices that make watching television more like surfing the Internet. Subscriptions to Comcast's high-end digital-cable services are growing fast, from 7.3 million to 8.4 million during the year ended Sept 30, 2005.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2005
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