CMCSA Comcast Corporation Class A

Comcast and HGTV Team Up to Launch Lift Zone Makeovers

Comcast today announced a partnership with HGTV to rebuild spaces and amplify the community spirit in its Lift Zones in three cities — Atlanta, Baltimore, and Portland. HGTV is donating $150,000 toward the revitalization of the three Lift Zones. The network has a storied history of working to renew communities through series such as Home Town, Good Bones and Bargain Block. Inspired by its most recent juggernaut hit Home Town Takeover, HGTV is also commissioning artists to create inspirational murals at or near each of the Lift Zone locations. Comcast will partner with local designers to make over the selected Lift Zones: Girls, Inc., Atlanta; Boys & Girls Club of Metro Baltimore—Brooklyn Club; and Inukai Boys & Girls Club in Hillsboro, OR.

This press release features multimedia. View the full release here:

Ben and Erin Napier give Wetumpka, Alabama, a makeover in their new HGTV six-episode event series, Home Town Takeover. (Photo: HGTV)

Ben and Erin Napier give Wetumpka, Alabama, a makeover in their new HGTV six-episode event series, Home Town Takeover. (Photo: HGTV)

Since September 2020, Comcast has been rolling out Lift Zones as part of its ongoing effort to provide free WiFi to 1,000 community centers across America by the end of this year. These safe spaces will help ensure thousands of low-income students can remain online to continue to participate in distance learning and do their homework, even if their schools are closed. The Lift Zones initiative complements , which, since 2011, has connected a cumulative total of more than 10 million people in need to the Internet at home. By also providing community centers with free WiFi service, more students, seniors, veterans, and others have access to the Internet for education, participating in digital skills training, applying for jobs, and staying in touch with friends and family who have been forced to socially distance due to the pandemic.

“We’re thrilled to partner with HGTV to help give these three Lift Zones a special makeover,” said Karen Buchholz, Senior Vice President, Comcast Corporation. “These community centers provide safe spaces for people to get online, and this exciting partnership will go a long way to helping make them as comfortable and inviting as possible.”

“At HGTV, we present and celebrate stories of transformation,” said Karen Bronzo, Group Senior Vice President, Marketing & Strategy for HGTV and Food Network. “It’s an honor to team with Comcast on these revitalization and enhancement projects that have the potential to touch so many lives and in these communities.”

Last September, Comcast announced a multi-year program to launch more than 1,000 WiFi-connected "Lift Zones" in community centers nationwide. The sites were identified by working with the company’s network of thousands of nonprofit partners as well as getting input from city leaders. The announcement also comes on the heels of a series of initiatives Comcast launched during the COVID-19 pandemic that reinforced the company’s commitment to addressing the digital divide and the homework gap by upping the speeds of the Internet Essentials program’s Internet service to 50 Mbps downstream without changing the $9.95/month price, which has not increased in more than a decade. In addition, the company continues to offer 60 days of free Internet service to new Internet Essentials customers who sign up before June 30, 2021.

About Internet Essentials

Internet Essentials is Comcast’s signature digital equity initiative and the nation’s largest and most comprehensive broadband adoption program. In 10 years, it has helped connect 10 million low-income Americans to broadband Internet at home, most for the very first time. Internet Essentials has a comprehensive design that addresses each of the three major barriers to broadband adoption. This includes: multiple options to access free digital literacy training in print, online, and in person; the option to purchase a heavily subsidized, low-cost Internet-ready computer; and low-cost, high-speed Internet service for $9.95 a month, plus tax. The program is structured as a partnership between Comcast and tens of thousands of school districts, libraries, elected officials, and nonprofit community partners. Comcast has never raised the price of the program. For more information about Internet Essentials and Comcast’s commitment to education and digital equity, please visit . To apply, visit or call 1-855-846-8376 for English or 1-855-765-6995 for Spanish.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, Peacock, NBC News, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit for more information.

EN
03/06/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Jonathan Chaplin
  • Jonathan Chaplin

CMCSA 1Q24 Quick Take - Results mostly in-line

What’s new: Revenue and EBITDA were roughly in-line, while FCF beat handily on lower capex, cash taxes, and interest. Leverage inched down. Repurchases were higher than our estimate, but lower than consensus. Connectivity financials were fine, but subscriber metrics a little worse than expected. Content financials were similarly fine, with better Media OCF offsetting softer Theme Parks OCF. We suspect the FCF beat is largely due to timing and full year estimates are unlikely to move much. Contex...

 PRESS RELEASE

 Comcast Lights Up WiFi Boost Delivering Gig Speeds to Xfinity Mobile ...

PHILADELPHIA--(BUSINESS WIRE)-- and devices can now connect to millions of new “Xfinity Mobile” hotspots and receive Internet speeds over WiFi up to 1 Gigabit per second (Gbps). By delivering a faster connection over Xfinity’s WiFi network, Comcast is helping ensure customers can stream, game, chat, download and surf wherever they are. This press release features multimedia. View the full release here: Comcast delivers gig speeds to Xfinity Mobile and Comcast Business Mobile customers (Graphic: Business Wire) Today 90 percent of the mobile data traffic on Xfinity Mobile devices travels over...

 PRESS RELEASE

Comcast Business Expands Cybersecurity Portfolio with Managed Detectio...

PHILADELPHIA--(BUSINESS WIRE)-- today announced it has expanded its cybersecurity portfolio with the launch of its Comcast Business Managed Detection and Response (MDR) solution. The solution combines an advanced security analytics platform and Security Operations Center (SOC) to help medium and large enterprise customers detect, analyze, and mitigate cyber threats in an ever-evolving and challenging threat landscape. Managed Detection and Response is a cybersecurity service that combines technology and human expertise to perform cyber threat hunting, monitoring, and response. One of the pr...

 PRESS RELEASE

Comcast Launches NOW – a New Brand and Product Portfolio that Redefine...

PHILADELPHIA--(BUSINESS WIRE)-- Today Comcast introduced NOW, a new brand of quality, low-cost Internet, mobile and streaming TV products that consumers can purchase month-to-month, whenever they want. NOW Internet is a prepaid service that provides more reliability than fixed wireless options for a better price. NOW Mobile is a new prepaid service that includes unlimited 5G data combined with access to more than 23 million WiFi hotspots, unlike any other provider in the prepaid category. This press release features multimedia. View the full release here: Comcast introduces NOW, a new brand o...

 PRESS RELEASE

News is Out, Word In Black, and Comcast NBCUniversal Welcomes 16 Journ...

PHILADELPHIA--(BUSINESS WIRE)-- Today, and , together announced the 16 fellows selected for The Digital Equity Local Voices Lab, a new initiative powered by Comcast NBCUniversal to place journalists at 16 Black and LGBTQ+ serving news publications across the country. During the year-long fellowship, the group will receive the training and resources needed to tell stories within marginalized communities through media and technology and celebrate the work being done by Black and LGBTQ+ leaders in their communities. This press release features multimedia. View the full release here: News is Out...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch