Startups

Comcast to spend millions marketing Kahn Academy to close digital divide [Comcast Roundup]

"Comcast’s executive VP David Cohen believes that backing Khan Academy will boost digital literacy and get more people paying for broadband because 'its content is the ultimate proof point of the value of the Internet.'"

  • Comcast Will Spend Millions Developing And Promoting Khan Academy To Encourage Low-Income Broadband Adoption [TechCrunch] “Comcast has committed to pumping millions of dollars into a joint partnership with Khan Academy that will pay for product development of its free, online education and promote it alongside Comcast’s cheap broadband access tier Internet Essentials for low-income families. Comcast’s executive VP David Cohen believes that backing Khan Academy will boost digital literacy and get more people paying for broadband because ‘its content is the ultimate proof point of the value of the Internet.'”
  • Comcast hires a fourth executive VP [Philadelphia Inquirer] “After talking for months about the potential for international deals, Comcast Corp. has hired Alexander D. Evans from the $37 billion private-equity firm Providence Equity Partners in Rhode Island. Evans will be one of four executive vice presidents at Comcast – the others are Steve Burke in NBCUniversal, Neil Smit in the cable division, and David L. Cohen, who supervises government affairs.”
  • EveryBlock Is Back From The Dead [Chicago Grid] “Comcast, which owned EveryBlock when it was shut down in January, has revived the site and is finalizing plans to launch a new version, according to several sources with knowledge of those plans. It’s not clear when the new site would launch. The sources say Comcast is considering launching EveryBlock in Chicago first and subsequently adding more cities.”
  • Thinking outside the set-top box [The Economist] “America’s largest cable company is becoming more like the firms it is battling against for the attention of couch potatoes.”
  • Comcast weighs three options for Time Warner Cable deal: Sources [CNBC] “Comcast is examining three scenarios for a potential deal with Time Warner Cable, including a full takeover bid for the second-largest cable operator, people close to the situation said. Top cable provider Comcast is also considering whether it could buy some selective Time Warner Cable markets, or team up with another cable company besides Charter Communications to bid for all of Time Warner Cable, the people said Monday. “
  • Democrats send back illegal $10,000 to Comcast-Spectacor boss [Philadelphia Inquirer] “Connecticut’s state Democratic committee said it would return $10,000 to Comcast-Spectacor boss Ed Snider, of Gladwyne, after the Connecticut Post reported the donation was illegal.”
Companies: Comcast / EveryBlock / Time Warner Cable

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