Cable companies have nowadays gained wide spreading popularity as alternative forms of entrainment. It seems that you will hardly get disappointed by choosing any of the of the cable TV service providers considering the healthy state of companies such as Cablevision and Comcast. Nevertheless, these providers differ regarding their features and services, and thus you may find making a comparison between the top companies useful when deciding on the best one for you.
If you are in the process of comparing between Comcast and Cablevision to decide which one is right for you, then you have come to the right place. In this Comcast vs. Cablevision article, you will find a detailed review of these two big names in the business.
Since its establishment in 1993, Comcast Corporation has been growing to become the today’s leading cable operator and Internet service provider to most homes in the U.S. The company serves both commercial and residential customers, providing them with cable television, telephone and Internet services. It also facilitates the activities of various TV networks such as Style Networks, The Golf Channel, G4, and E! Entertainment Television, among others.
On the other hand, Cablevision Systems Corporation is a US based cable service provider that is currently ranked as the 8th biggest cable service provider in the country. The company is presently intensifying it services to customers in Connecticut, New Jersey, New York, and some parts of Pennsylvania. Besides, Cablevision uses the services of Optimum Voice and iO to provide VoIP services and digital cable respectively, as well as its Optimum Online subsidiary to offer high-speed Internet.
Products and Services
Comcast not only utilizes the service of third party provider to provide its content. It also delivers its generated content via networks of rival TV service providers as well as those of its own. This approach allows the company to diversify its revenue sources. It creates numerous kinds of content, including SportsNet New York, Comcast SportsNet, Comcast Newsmakers, Style Network, and E! Entertainment.
For the part of Cablevision, the company also uses the services of several third-party providers such as Optimum Voice, Optimum Lightpath, Optimum Business Benefits, Optimum Online, iO Digital Cable and Optimum Voice to offer a broad range of its products and services. Besides its chain of the Clearview Cinemas movie theaters, the company also own a number of cable networks such as Fuse, IFC, Voom HD and News 12 Networks. More noteworthy, Cablevision recently spent $650M to acquire Newsday newspaper.
Comcast is superior to Cablevision in several aspects especially when it comes to the numbers of subscribers. Comcast enjoys a whopping 24 million viewers compared to approximately 3 million for the Cablevision. While the Cablevision’s market cap is 9 billion, that of Comcast is 62 billion. Comcast also boasts of a decent 19% operating margin compared with 16% enjoyed by Cablevision. However, Cablevision does offer a slightly higher dividend yield of 1.3% versus Comcast’s 1.2%.
Comcast vs. Cablevision: Differences and similarities
- Comcast has been operating since 1993
- It is currently ranked as the biggest Internet service provider and cable operator for many homes in the United States
- It provides both commercial and residential customers with Internet, telephone and cable television services
- It delivers its generated content via networks of rival TV service providers and those of its own
- Cablevision is a US based cable service provider
- It is presently holding the 8th position among the largest cable providers in the US
- Its customers can choose from the variety of products and services it offers
Finally, both Comcast and Cablevision are upgrading their systems continuously to match the ever growing technology. In particular, they have realized that they can do much by connecting the emerging IP-based devices such as Apple’s iPad to home entertainment stream. For instance, Comcast’s CEO Brian Roberts recently suggested that the company’s bottom line may change considering the technology shift presented by mobile devices, tablets, Wi-Fi, and pricing. The Cablevision’s COO Tom Rutledge has also pointed out the three separate applications offered by the Apple iPad that are useful to the company. Furthermore, Comcast is adding advanced features to its set-top boxes or cable boxes, which are devices that make a television serves as an interface to the Internet, in addition to serving as a digital television (DTV) receivers. On the other hand, Cablevision is investing on the digital video recorder (DVR), the remote server that allows people to view the content on their PC on the television without having to buy a set-top box.