Comcast 2015 Annual Report Download - page 46

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Cable Networks
Our Cable Networks segment consists primarily of a diversified portfolio of cable television networks. Our
cable networks are comprised of our national cable entertainment networks (USA Network, Syfy, E!, Bravo,
Oxygen, Esquire Network, Sprout, Chiller, Universal HD and Cloo), our national cable news and information
networks (MSNBC, CNBC and CNBC World), our national cable sports networks (Golf Channel and NBC
Sports Network), our regional sports and news networks, various international cable networks, our cable tele-
vision studio production operations, and related digital media properties.
Our Cable Networks segment generates revenue primarily from the distribution and licensing of its program-
ming and from the sale of advertising on its networks.
Broadcast Television
Our Broadcast Television segment consists primarily of the NBC and Telemundo broadcast television net-
works, its 10 NBC and 17 Telemundo owned local broadcast television stations, the NBC Universo national
cable network, our broadcast television studio production operations, and related digital media properties.
Our Broadcast Television segment generates revenue primarily from the sale of advertising on its networks,
from the licensing of its programming, and from fees received under retransmission consent agreements.
Filmed Entertainment
Our Filmed Entertainment segment primarily produces, acquires, markets and distributes filmed entertainment
worldwide, and it also develops, produces and licenses live stage plays. Our films are produced primarily
under the Universal Pictures, Illumination and Focus Features names.
Our Filmed Entertainment segment generates revenue primarily from the worldwide distribution of our pro-
duced and acquired films for exhibition in movie theaters and from the licensing and sale of our owned and
acquired films.
Theme Parks
Our Theme Parks segment consists primarily of our Universal theme parks in Orlando, Florida and Hollywood,
California. In November 2015, NBCUniversal acquired a 51% interest in the Universal Studios theme park in
Osaka, Japan (“Universal Studios Japan”). In addition, along with a consortium of Chinese state owned
companies, we are developing a theme park in China.
Our Theme Parks segment generates revenue primarily from ticket sales and guest spending at our theme
parks, as well as from licensing and other fees.
2015 Developments
The following are the more significant developments in our businesses during 2015:
Cable Communications Segment
• An increase in Cable Communications segment revenue of 6.2% to $46.9 billion and
an increase in Cable Communications segment operating income before depreciation
and amortization of 5.6% to $19.1 billion
• An increase in Cable Communications segment capital expenditures of 14.3% to $7
billion primarily due to our continued investment in the following initiatives:
• the accelerated deployment of our IP and cloud-enabled video platform, referred to
as our X1 platform, which is available in all of the markets in which we operate, and
our Cloud DVR technology, which is available in substantially all of our markets
43 Comcast 2015 Annual Report on Form 10-K