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.

On-Line Information Services, Capital expenditures, Videotex & Teletext, Internet services, Cable television, Abstract

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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.

Forecasts, trends, outlooks, Financial management, Services information, Cable and other pay TV services, Services, Forecasts and trends, Company investment, Investments, Market trend/market analysis

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