Comcast Bought Sky in 2018, Expanding Beyond Its 1963 U.S. Cable Roots
Updated
Updated · Quartz · Jul 30
Comcast Bought Sky in 2018, Expanding Beyond Its 1963 U.S. Cable Roots
3 articles · Updated · Quartz · Jul 30
Summary
Sky became part of Comcast in 2018, giving the Philadelphia-based media and telecom group a European pay-TV and streaming business focused on the UK, Germany and Italy.
Comcast’s core operations still center on two main segments: Comcast Cable under the Xfinity brand and NBCUniversal, which it acquired in stages between 2011 and 2013.
1963 marks Comcast’s founding as American Cable Systems in Mississippi; it later grew through acquisitions into the largest U.S. cable TV operator and residential internet provider by subscribers.
Broadband now drives much of the cable division’s growth as traditional pay-TV subscriptions decline, while NBCUniversal adds broadcast, cable networks, film and theme parks to Comcast’s portfolio.