Cable TV
Comcast founder Ralph Roberts dies at 95
MUMBAI: Ralph J. Roberts, the cable television pioneer, who founded Comcast Corporation died of natural causes last night in Philadelphia, PA. He was 95.
Roberts served as chairman emeritus of Comcast, which is now the parent company of NBCUniversal.
Comcast said in a statement, “Ralph was a born entrepreneur, a visionary businessman, a philanthropist and a wonderful human being. Ralph built Comcast into one of America’s greatest companies and his vision and spirit have been at the heart of Comcast and our culture for 50 years. He will be truly missed. Ralph’s greatest love was his family, and our deepest sympathies go to his wife Suzanne and the entire Roberts family.”
Time Warner Cable chairman and CEO Rob Marcus said, “Ralph Roberts was a pioneer, a visionary and a role model. He exemplified the value of working hard and treating others with kindness and respect. His influence has extended far beyond Comcast and Cable. His life’s work, and the legacy he leaves, helped shape the way consumers use content today and how they communicate with one another. On behalf of everyone at Time Warner Cable, I send our sympathy and love to Ralph’s family and to everyone at Comcast.”
Roberts was a born entrepreneur, great American businessman and philanthropist, who played a key role in the development of the cable television business. He founded Comcast in 1963 with the purchase of a 1,200-subscriber cable system in Tupelo, Mississippi. He grew the company from its humble roots as a small, regional cable company into the global Fortune 50 media and technology leader it is today.
During his more than five decades at Comcast, Roberts became one of the most well-regarded executives in America. He was widely respected and admired for his visionary leadership and spirit, his passion for the business and his deep sense of integrity and courtesy. Most importantly, he was a kind and humble man who has been the heart and soul of Comcast for over 50 years.
Roberts is survived by Suzanne Roberts, his wife of over 70 years. An actress, director and host of Seeking Solutions with Suzanne, Suzanne has spent a lifetime seeking to help others.
In addition to his wife, Roberts is survived by four of his children and their spouses: Catherine R. Clifton and Anthony A. Clifton, Lisa S. Roberts and David Seltzer, Ralph Roberts Jr. and Kim Roberts, Brian L. Roberts and Aileen K. Roberts and Diane Roberts, widow of Ralph and Suzanne’s son Douglas Roberts, who passed away in September 2011. He is also survived by his eight grandchildren.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
