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Comcast Corporation, headquartered in Philadelphia, is the largest American multinational telecommunications and media conglomerate. With a core cable business servicing 63 million US homes and businesses, Comcast also owns NBCUniversal, Sky, CNBC, MSNBC, USA, Universal Studios, and more. Recently, Comcast announced a $1 million grant to The Arc of the United States to enhance digital equity and advocate for the IDD community.
Comcast has upgraded its network in Holyoke, Longmeadow, West Springfield, and Westfield, MA, offering 2 Gbps download speeds and up to 10x faster upload speeds to all customers. This enhancement is part of Comcast's $909 million investment in Massachusetts over the past three years. The upgrade provides:
- Improved reliability with a 99.9% world-class reliability score
- Enhanced security through 24/7 cyber security monitoring
- Lower latency for better real-time application performance
This network evolution paves the way for future symmetrical multigigabit speeds. Similar upgrades are nearly complete in Southwick and Springfield, MA. The improvements come at no additional cost to customers with an Xfinity Gateway.
Go Addressable, a trade organization promoting addressable TV, has released new research highlighting the importance of addressable TV advertising amid signal loss and changing viewership habits. Key findings include:
1. 80% of adults 18-34 watch both linear and streaming TV.
2. 65% of advertisers are more likely to consider addressable TV due to cookie deprecation.
3. Half of advertisers have used data services for first-party audience identification in the past year.
The research emphasizes addressable TV's role in reaching valuable audiences across multiple screens. AMC Networks has joined Go Addressable, further supporting the medium's importance in the industry.
Comcast (Nasdaq: CMCSA) has announced that its President, Mike Cavanagh, will participate in the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024. The event will be accessible via a live webcast on Comcast's Investor Relations website (www.cmcsa.com) starting at 10:30 A.M. Eastern Time.
An on-demand replay of the presentation will be made available shortly after its conclusion. Investors and interested parties can subscribe to Comcast's E-mail Alerts on the company website to receive automatic financial news updates.
Comcast has announced 100 small businesses in Greater Jacksonville and surrounding areas as recipients of its Comcast RISE program. Each business will receive a $5,000 monetary grant, along with business consultation services, educational resources, creative production, media schedule, and a technology makeover. The total support amounts to $500,000 for the region.
The program, part of Comcast's $1 billion Project UP initiative, has supported over 14,000 entrepreneurs nationwide, including more than 1,300 in Florida, with total support reaching $140 million. Comcast RISE aims to foster economic growth and help businesses thrive beyond the pandemic recovery phase.
Recipients include diverse businesses such as Honie Bees Boutique and Treats, International Blades & Shears, Jazz Poetry Café, and PYR Millwork. The program offers comprehensive support packages to help small businesses grow and succeed in their local communities.
Comcast RISE, a national initiative supporting small businesses, has awarded 100 Atlanta-based businesses with comprehensive grant packages. This brings the total number of beneficiaries to over 14,000 nationwide, with more than $140 million in monetary, marketing, and technology grants distributed to date. The program, now in its fourth year, aims to support business growth, advance diversity and inclusion, and drive economic growth in local communities.
Each grant package includes business consultation services, educational resources, a $5,000 monetary grant, advertising production, paid media spend, and a technology makeover. Atlanta joins Houston, Jacksonville, Richmond, VA, and southern Colorado as RISE cities for 2024, with 100 grants per city. The initiative is part of Comcast's Project UP, a $1 billion commitment to advance digital equity through various programs and community partnerships.
Comcast has announced 500 new recipients for its Comcast RISE program, bringing the total number of supported small businesses to 14,000 nationwide. The program, now in its fourth year, has provided over $140 million in monetary, marketing, and technology grants to empower small businesses. In 2024, 500 small businesses in Atlanta, Houston, Jacksonville, Richmond, VA, and southern Colorado will receive comprehensive grant packages.
Each package includes business consultation services, educational resources, a $5,000 monetary grant, creative production, media schedule, and a technology makeover. Comcast RISE, created in November 2020 to help businesses affected by COVID-19, has evolved to focus on economic growth and community investment. The program is part of Comcast's Project UP, a $1 billion commitment to advance digital equity.
FreeWheel has launched the Performance Suite for its demand-side platform, Beeswax, offering advanced solutions for CTV performance marketing. The suite addresses challenges in signal loss and identity representation, enabling more precise targeting, optimization, and measurement through the FreeWheel Identity Network. Key features include:
1. Accurate household-level targeting and measurement
2. Machine learning-based optimization models
3. Transparent measurement and reporting options
A notable success story includes Optimal Media achieving 40% more conversions and a 32% decrease in cost-per-acquisition for a national automotive manufacturer using the CPA bidding strategy.
Comcast (NASDAQ: CMCSA) partnered with Boyce L. Ansley School in Atlanta to host an Olympic-themed event for students aged 5-11. The event featured a watch party for the Olympic Games Closing Ceremony, field day activities, and a surprise appearance by Harry the Hawk. Comcast donated laptops to each student, supporting digital equity and education as part of its Project UP initiative, a $1 billion commitment to advance digital equity nationwide.
The event showcased Comcast's Olympics viewing experience through Peacock and Xfinity X1. Comcast is an official partner of Team USA through 2028, and NBC is the exclusive U.S. broadcaster of the Olympic and Paralympic Games Paris 2024. The collaboration highlights Comcast's commitment to community involvement and bridging the digital divide.
Comcast NBCUniversal is honoring the American flag through Operation Old Glory, an initiative where Flag Ambassadors replace worn or damaged flags for free. Team USA athletes Dennis Connors and Grant Holloway have joined the effort, highlighting the connection between military service and athletic achievement. Connors, a U.S. Paralympian and Marine Corps veteran, and Holloway, an Olympic Silver Medalist from a military family, participated in flag replacement events in Oregon and Florida respectively.
The initiative is expanding to new communities in Washington and storm-affected areas in Texas. Comcast ensures all flags are American-made and supplied by a veteran-owned business. The company also provides free access to Olympic Games coverage for service members and veterans through a partnership with the Army & Air Force Exchange Service.
Comcast (Nasdaq: CMCSA) has announced that its Chief Financial Officer, Jason Armstrong, will participate in Citi's 2024 Global TMT Conference on Thursday, September 5, 2024. The event will be live-streamed on Comcast's Investor Relations website at 8:20 A.M. Eastern Time.
Investors and interested parties can access the live webcast at www.cmcsa.com. An on-demand replay will be made available shortly after the presentation concludes. For those wishing to receive automatic updates on Comcast financial news, the company encourages subscribing to E-mail Alerts through their website.
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