Media Industry
Industry: Email Alert RSS FeedDialing for dollars: phone, high-speed data services are growth engines.(Close up: Comcast Corp.)
Broadcasting & Cable, August, 2004
When it comes to future strategy, says President and COO Stephen Burke, Comcast regards itself as being in essentially three businesses: video, high-speed data and telephone. It's the mantra of the cable business these days as cable operators large and small see their subscriber base for cable maxed out.
Right now, data and phone together currently account for approximately 20% of the company's revenues, with video bringing in all the rest. But that's going to change, and Burke foresees a day in the next five or so years when approximately half of its revenues will come from phone and data together. By the end of the year, fully 85% of Comcast homes will be able to receive video-on-demand (VOD), much of it free and some of it in high-definition....
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