NBCUniversal parent Comcast Tuesday went live with Comcast RISE, a program to help minority-owned small businesses hit by COVID-19 that offers grants, equipment, internet access, commercial production, free ads and marketing advice. It’s part of a broader $100 million initiative the conglom announced in June.

Comcast began testing the ‘Comcastrise.com’ portal last week and will start publicizing it today, asking for businesses to apply for help in four areas: marketing consulting, access to television inventory, creative production and technology upgrades. It will announce a group of winners each quarter. Businesses not chosen can re-apply. Winners of the first round will be announced Nov 28, Maria Weaver, CMO of Comcast Advertising, told Deadline. The goal is to touch “thousands of businesses,” she said.

Comcast is starting with U.S.-based Black-owned small businesses. The next wave of the multiyear program will expand eligibility to enterprises owned by Black, Indigenous and People of Color

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Survey identifies what’s keeping SMB owners up at night during the pandemic and how they’re adapting their businesses for the future

Comcast Business today unveiled new research that uncovers key stressors for almost 600 small- to mid-size business (SMB) owners, how they have managed the pandemic thus far, and how optimistic they are in continuing to do so. Despite 86% of respondents experiencing a decline in business revenue, the majority (78%) feel prepared for another COVID-19 spike after rethinking how they do business (46%), serve customers (50%) and collaborate and communicate (45%).

“In a COVID-19 world, resilient small and medium businesses are embracing technology like never before, rapidly implementing key solutions to digitize the customer journey in an effort to improve sales in a difficult customer acquisition environment,” said Shari Lavin, Research Director, Small and Medium Business, IDC. “While the solutions they need vary by business, reliable connectivity and the

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Roku (ROKU) stock has been on a tear recently, rising nearly 16% over the past 6 trading sessions. The majority of the upside resulting from resolution to the show down between what can possibly be described as a battle between the king and the challenger to its throne.

After threatening to remove all its other apps from the OTT leader’s platform, Comcast and Roku finally reached an agreement to bring Comcast’s streaming service Peacock to Roku.

Two months into its launch, Peacock was one of the few big-name VOD streamers not available on Roku. So, after locking horns in the drawn-out negotiations who came out as the winner? As Roku’s performance can attest, the market thought Roku gained the upper hand. So does Needham analyst Laura Martin.

“To us,” the 5-star analyst said, “This battle underscores Roku’s growing power vs Comcast, the largest legacy US linear-TV platform. Roku

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  • Nelson Peltz’s Trian acquired a 0.4% stake in Comcast stock this week.
  • Comcast CEO Brian Roberts controls 33% of the Comcast vote and is unlikely to be moved to major action by an activist shareholder.
  • Comcast shares have underperformed Charter, which is a pure broadband business without content, such as NBCUniversal and Sky.

Brian L. Roberts wearing glasses and smiling at the camera: Brian Roberts, chairman and chief executive officer of Comcast Corp.

© Provided by CNBC
Brian Roberts, chairman and chief executive officer of Comcast Corp.

Investors like Trian’s Nelson Peltz are used to calling the shots and agitating for change. So why would Peltz take a stake in Comcast, a family-controlled company with a decades-long history of strong management?


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The answer may be simple: to highlight an undervalued company. Peltz could conceivably be a winner simply by picking a cheap stock. Trian said Monday that it has held “constructive discussions” with management but hasn’t officially asked for a particular change.

“The pendulum of investor confidence now

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Comcast is launching a program to provide free Wi-Fi in community centers as part of an effort to improve internet access for students in low-income areas, the company said Thursday. The so-called “lift zones” will provide free internet connectivity as well as “access to hundreds of hours of educational and digital skills content to help families and site coordinators navigate online learning.”

The first 200 lift zones have been selected and will include BUILD in Chicago, the Harvey Johnson Community Center at Union Baptist Church in Baltimore, the Olney Recreation Center in Philadelphia, the Catholic Youth Organization of Mercer County in Trenton, and the Sanneh Foundation Distance Learning Hub in St. Paul. Other community centers in Atlanta, Denver, Detroit, Miami, San Francisco, Seattle, and Washington, DC will also be included.

“The COVID-19 crisis has

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The MarketWatch News Department was not involved in the creation of this content.

The Ready for Business Fund – a relief program launched by GSBA, Washington State’s LGBTQ & Allied Chamber of Commerce, and Comcast Washington, will begin distributing $2,500 cash grants to more than 60 small businesses in the metro Seattle area that are owned by LGBTQ people, Black, Indigenous and People of Color (BIPOC), and women. The fundwas established on Aug. 3 with $50,000 from Comcast Washington and GSBA as the fund administrator.

Within one month, GSBA received 500 applications for the fund. In the same period more than $200,000 was raised to support the Ready for Business Fund. Support included asecond $50,000 contribution from Comcast, a $25,000 donation from T-Mobile, and funding from AT&T, BECU, Grace Church Seattle, Harborstone Credit Union, Microsoft, Puget Sound Energy, Sanctuary Seattle Church, Seattle Storm, US Bank, Verity Credit Union,

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The City of Sumner Quickly Deploys Broadband Service to Keep Remote Employees Productive

Comcast Business today announced a partnership with the City of Sumner, Washington, to provide increased bandwidth and high-performance connectivity to support the municipality’s ongoing remote-work plan.

Following a swift transition to a remote workforce as the COVID-19 outbreak worsened, the City of Sumner soon realized its data connection — which had been suitable for day-to-day, in-office purposes — did not have the capacity to support voice calls and upload speed requirements with the majority of employees now on VPN connections from home.

The city of approximately 10,000 residents, and longtime Comcast Business customer, urgently needed to increase capacity to keep its distributed workforce productive and serving the public. Within a few days of Sumner’s service request, Comcast Business upgraded the data connection, giving Sumner the bandwidth it needed to meet its employees’ remote connectivity needs.

“We expected

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