Investment Summary

Comcast Invests In Comcast Spectacor

On September 22, 2016, Comcast invested in media company Comcast Spectacor

Investment Highlights
  • This is Comcast’s 3rd transaction in the Media sector.
  • This is Comcast’s 18th transaction in the United States.
  • This is Comcast’s 3rd transaction in Pennsylvania.

Investment Summary

Date 2016-09-22
Target Comcast Spectacor
Sector Media
Investor(s) Comcast
Deal Type Stake Purchase

Target

Comcast Spectacor

Philadelphia, Pennsylvania, United States
Comcast Spectacor LP is a global media and technology company that operates Comcast Cable and NBCUniversal. Headquartered in Philadelphia, Pa., Comcast Spectacor’s three core businesses are the National Hockey League’s Philadelphia Flyers, the Wells Fargo Center venue, and Spectra, the expert in hosting and entertainment through its Venue Management, Food Services & Hospitality, and Ticketing & Fan Engagement divisions.

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Investor(S) 1

Investor

Comcast

Philadelphia, Pennsylvania, United States

Category Company
Founded 1963
Sector Media
Employees186,000
Revenue 121.6B USD (2023)
DESCRIPTION
Comcast Center in downtown Philadelphia, Pennsylvania.
Comcast Center in downtown Philadelphia, Pennsylvania.

Comcast is a media and communications company that provides entertainment, information, and communications products and services in the United States and internationally. Comcast was incorporated in 1963 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 18 of 26
Sector (Media) 3 of 4
Type (Stake Purchase) 2 of 2
State (Pennsylvania) 3 of 3
Country (United States) 18 of 24
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-07 MobileReactor

Devon, Pennsylvania, United States

OneTwoSee is a developer of digital media applications that help sports broadcasters and leagues to engage and monetize their audiences through any screen.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 Related Content Database

San Francisco, California, United States

Related Content Database, Inc. (Watchwith) is a provider of cloud based video metadata platform that can decipher what’s happening inside a movie, TV show or sporting event.

Buy -