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MONOPOLY: Comcast Reports $837 Million In 1st Quarter Earnings; Contribution To City’s Tax Base = $0

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PHILADELPHIA — Comcast Corp., the nation’s largest cable television operator, said Thursday its first-quarter profits surged 80 percent, helped by a one-time gain from the dissolution of a joint venture with Time Warner Cable.

Comcast posted net income of $837 million, or 26 cents per share, in the quarter compared with $466 million, or 15 cents per share, in the same period a year ago.

ASSOCIATED PRESS: Hey, Aren’t They Headquartered Here In Philadelphia? In Fact, Aren’t They Building The TALLEST Goddamn Skyscraper In The City? So What’s Philadelphia’s Fair Share? ZERO For The Next 10 Years Because Of A Tax Abatement Offered By John Street And Ed Rendell? We Really Have To Stop Behaving Like The Girl Who Let’s You Stick It Where You Want On The First Date

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One Response to “MONOPOLY: Comcast Reports $837 Million In 1st Quarter Earnings; Contribution To City’s Tax Base = $0”

  1. Phawker » Blog Archive » THAT’S COMCASTIC: Cable Monolith Facing $1.77 Trillion In FCC Fines For Internet Interference Says:

    [...] PREVIOUSLY: Why ‘Net Neutrality’ Matters RELATED: The Lawsuit That Started It All RELATED: Test Your Internet Speed RELATED: Comcast Subscribers Decry Latest Backdoor Assault, Decry Lack Of Courtesy Reacharound RELATED: Comcast Reports $837 Million In 1st Quarter Earnings; Contribution To City’s Tax Base = $0 [...]

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