BRIEF: For the three months ended 31 March 2013, Comcast Corporation revenues increased 3% to $15.31B. Net income increased 17% to $1.44B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other income (expense), net) increase from $16M (expense) to $73M (income), Advertising, marketing and promotion decrease of 5% to $1.15B (expense).
Class A Common $.01 Par, 03/11, 7.5B auth., 2,449,828,473 issd., less 365,460,750 shs. in Treas. @ Cost. Insiders own 0.12%. Cl. A Sp. $.01 Par, 7.5B auth., 743,317,622 issd., less 70,934,764 shs. in Treas. @ Cost. Insiders own 2.29%. Class B Common $.01 Par, 75M auth., 9,444,375 issd.
Comcast Corporation (Comcast) is a provider of entertainment, information and communications products and services. The Company operates in five segments: Cable Communications provides video, high-speed Internet and voice services (cable services) to residential and business customers; Cable Networks consists primarily of its national cable television networks, its regional sports and news networks, its international cable networks, its cable television production studio, and its related digital media properties; Broadcast Television consists primarily of its NBC and Telemundo broadcast networks, its NBC and Telemundo owned local television stations, its broadcast television production operations, and its related digital media properties; Filmed Entertainment consists of the operations of Universal Pictures., and Theme Parks consists primarily of its Universal theme parks in Orlando and Hollywood. Effective March 19, 2013, it acquired a 49% interest in NBCUniversal Media LLC.