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Table of Contents
Part I
Item 1: Business
We are a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast was
incorporated under the laws of Pennsylvania in 2001, and through its predecessors, has developed, managed and operated cable
systems since 1963. In 2011, we closed the NBCUniversal transaction in which we acquired control of the businesses of
NBCUniversal, and in 2013, we acquired GE’
s remaining 49% common equity interest in NBCUniversal. We present our operations
for Comcast Cable in one reportable business segment, referred to as Cable Communications, and our operations for
NBCUniversal in four reportable business segments.
The Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks segments comprise the NBCUniversal
businesses and are collectively referred to as the “NBCUniversal segments.”
In 2013, our Cable Communications segment generated 65% of our consolidated revenue and 80% of our operating income before
depreciation and amortization.
Our other business interests primarily include Comcast-
Spectacor, which owns the Philadelphia Flyers and the Wells Fargo Center
arena in Philadelphia and operates arena management-related businesses.
For financial and other information about our reportable business segments, refer to Note 19 to Comcast’
s consolidated financial
statements and Note 18 to NBCUniversal’s consolidated financial statements included in this Annual Report on Form 10-K.
Available Information and Websites
Comcast’s phone number is (215) 286-
1700, and its principal executive offices are located at One Comcast Center, Philadelphia,
PA 19103-2838. NBCUniversal’s phone number is (212) 664-
4444, and its principal executive offices are located at 30 Rockefeller
Plaza, New York, NY 10112-0015. The public may read and copy any materials filed with the SEC at the SEC’
s Public Reference
Room at 100 F Street, NE, Washington, DC 20549. The public may obtain information on the operation of the Public Reference
Room by calling the SEC at 1-800-SEC-0330. Comcast and NBCUniversal’s Annual Reports on Form 10-
K, Quarterly Reports on
Form 10-Q, Current Reports on Form 8-K and any amendments to such reports filed with or furnished to the
Cable Communications:
Consists of the operations of Comcast Cable, which is the nation’
s largest
provider of video, high-speed Internet and voice services (“cable services”)
to residential customers
under the XFINITY brand, and we also provide similar services to businesses and sell advertising.
Cable Networks:
Consists primarily of our national cable networks, our regional sports and news
networks, our international cable networks, and our cable television production operations.
Broadcast Television:
Consists primarily of the NBC and Telemundo broadcast networks, our 10 NBC
and 17 Telemundo owned local broadcast television stations, and our broadcast television production
operations.
Filmed Entertainment:
Consists primarily of the studio operations of Universal Pictures, which
produces, acquires, markets and distributes filmed entertainment worldwide.
Theme Parks:
Consists primarily of our Universal theme parks in Orlando and Hollywood.
1
Comcast 2013 Annual Report on Form 10
-
K