Comcast Cable Accepting Proposals for Two New African American Owned Independent Networks

PHILADELPHIA–(BUSINESS WIRE)–Comcast
Cable today announced the company is now accepting proposals for two
substantially African American owned, independent networks that it will
launch in select Comcast markets by January 2019.

Today’s announcement is part of the company’s commitment to launch
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. Since the NBCUniversal transaction,
Comcast has successfully launched over 20 independent networks, doubling
the number of independent networks launches that it committed to as part
of the transaction. Four of those networks were launched as a result of
a public request for channels that satisfied the criteria established in
several agreements between Comcast and leading diversity organizations:
two African American majority owned networks (ASPiRE and REVOLT) and two
Hispanic American operated networks (Baby First Americas and El Rey).
Additionally, two substantially Hispanic American owned networks, Kids
Central and Primo TV, will launch on Comcast Cable systems beginning in
January 2017.

“We are looking forward to receiving another round of great proposals as
we begin the process to launch two more African American majority owned
networks,” said Justin Smith, Senior Vice President of Content
Acquisition for Comcast Cable.

Criteria for selecting the next two substantially African 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 African Americans; whether
the network is already launched and has existing or potential
multichannel video programming distributor (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 March 15, 2017, and the two networks will be selected in the
coming months.

About Comcast Corporation:

Comcast Corporation (Nasdaq: CMCSA)
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.

Contacts

Comcast Corporation
Katie Lubenow, 215-286-5691
Katie_Lubenow@comcast.com
or
Jeannette
Castaneda, 215-286-4933
Jeannette_Castaneda@comcast.com