Comcast Interactive Media Explained

Comcast Interactive Media
Type:Subsidiary
Foundation:2005
Location City:Philadelphia, Pennsylvania and elsewhere
Location Country:United States
Services:Online media
Num Employees:500+
Owner:Comcast
Parent:
(2005–2017)
Homepage:http://comcast.net

Comcast Interactive Media (CIM) was a division of Comcast focusing on digital media. CIM was created in 2005 and originally led by President, Amy Banse,[1] and Executive Vice President, Sam Schwartz. Comcast Interactive Media products included: www.comcast.net (portal), fancast.com, Fandango, thePlatform, and StreamSage.

On May 15, 2008, Comcast Interactive Media acquired social-networking site Plaxo for between $150 and $170 million,[2] which was subsequently shut down on December 31, 2017.[3] On August 5, 2008, Comcast Interactive Media acquired newsletter service site DailyCandy for a rumored $125 million.[4]

External links

Notes and References

  1. Web site: Weisenthal . Joseph . washingtonpost.com > Technology > Personal Technology Comcast Interactive Media: Profitability On Track In '08; More Purchases Ahead . washingtonpost.com . ContentNext Media Inc. . 30 May 2020 . Weisenthal.
  2. News: Comcast acquires social network pioneer Plaxo. 14 July 2013. Reuters. 14 May 2008.
  3. Web site: Spangler . Todd . Comcast Is Shutting Down Plaxo, an Early Social Network . Variety . Variety Media, LLC . 30 May 2020 . variety.
  4. News: Kafka. Peter. Comcast Buys DailyCandy For $125 Million*. 14 July 2013. Business Insider. 5 August 2008.