Comcast Cable Accepting Proposals for Two New Hispanic American Owned Independent Networks
August 26 2015 - 10:00AM
Business Wire
Comcast Cable today announced the company is now accepting
proposals for two substantially Hispanic American owned,
independent English-language networks that it will launch in select
Comcast markets by January 28, 2017.
Today’s announcement is part of the company’s commitment to
launch 10 independently owned and operated networks as part of a
series of public interest commitments made by Comcast in connection
with the NBCUniversal transaction completed in 2011. Of the 10
networks, all of which are to launch by 2019, four will be majority
African American owned, two will be operated by Hispanic American
programmers, two will be substantially Hispanic American owned, and
two will be independent. These criteria were established based on
several agreements Comcast entered into with leading diversity
organizations in 2010. Since then, five independent networks
have already successfully launched, including ASPiRE, BabyFirst
Americas, BBC World News, El Rey, and REVOLT.
“We are committed to delivering programming that reflects the
interests of our customers and are eager to review many innovative
network proposals with the potential to bring new and exciting
content to our customers,” said Greg Rigdon, Executive Vice
President, Content Acquisition for Comcast Cable.
Criteria for selecting the next two substantially Hispanic
American owned networks that Comcast will launch include: the
content of the network; whether the network is fully financed;
whether the network’s ownership and/or management group(s) are well
established, have relevant experience, and are substantially owned
by Hispanic Americans; whether the network is already launched and
has existing MVPD distribution; price; and whether the network and
its potential carriage provide value to Comcast and its customers.
Comcast will accept proposals for every major genre, including
general entertainment, movies, music, kids, news, and sports.
Applicants may visit
http://corporate.comcast.com/diverseprogramming to submit a
proposal and learn about the terms and conditions. Proposals are
due by October 9, 2015, and the two networks will be selected in
the coming months.
About Comcast Corporation:
Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and
technology company with two primary businesses, Comcast Cable and
NBCUniversal. Comcast Cable is one of the nation’s largest video,
high-speed Internet and phone providers to residential customers
under the XFINITY brand and also provides these services to
businesses. NBCUniversal operates news, entertainment and sports
cable networks, the NBC and Telemundo broadcast networks,
television production operations, television station groups,
Universal Pictures and Universal Parks and Resorts. Visit
www.comcastcorporation.com for more information.
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version on businesswire.com: http://www.businesswire.com/news/home/20150826005247/en/
Comcast CorporationJohn Demming,
215-286-8011John_Demming@comcast.comorJenni Moyer,
215-286-3311Jenni_Moyer@comcast.com
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