IT for Investor Relation Essay Example | Topics and Well Written Essays - 750 words

IT for Investor Relation - Essay Example In the main, high technological utilization is recommended for the company. Founded in 1963 with its headquarters in Philadelphia, Pennsylvania, Comcast Corporation is a media and technology company that in diversity, in the entertainment industry. It functions under Cable Networks, Filmed Entertainment, Cable Communication, Theme Parks and Broadcast Television divisions. Under the brand name XFINITY, the Cable Communication division provides business and residential customers with high-speed internet, on-line advertising, cellular backhaul, voice and video services. Under the names Illumination, Focus Features and Universal pictures, the Filmed Entertainment division engages in the acquisition, production, marketing and distribution of animated and live-action filmed entertainment. The division of Cable networks runs cable networks that provide news, sports, information and entertainment, both regional and international. The Theme Parks division runs island adventures, a dining retail, entertainment complex, studios and theme parks. Finally, the broadcast division controls Telemundo and NBC broadcast networks (Sander, Peter & Scott 143). All the divisions own digital media properties. By 2013, it employed 13,600 full-time employees. By revenue, Comcast is the largest cable and broadcasting corporation. It ranks third in telephone service provision to the people of the United States. . By 2009, the value of the company’s stocks had doubled from $8.19 to $15, with a revenue growth of six folds, $6 billion in 1999 to $36 billion in 2009. In the same period, the company experienced a tripling of return on capital. Its main competitors are Twenty-First Century Fox, The Walt Disney Corporation, CBS Corporation and Time Warner Cable (TWC). However, there is a yet to be approved takeover deal that Comcast signed with TWC in February 2014 (James & Flint, â€Å"Comcast strikes deal†). Competitors have opposed the move,