Daily CSR
Daily CSR

Daily CSR

Daily news about corporate social responsibility, ethics and sustainability


Comcast To Introduce ‘LIFT Labs For Entrepreneurs’



04/12/2017

Using innovation enables Comcast to leave the rest behind amid the changing industrial landscape.


Comcast To Introduce ‘LIFT Labs For Entrepreneurs’
Dailycsr.com – 11 April 2017 – In a recent announcement, Comcast revealed the news about the introduction of “LIFT labs for Entrepreneurs”, the latter helps start-ups in “media, entertainment and connectivity” to move ahead.
 
The first such lab of the said programme will be inaugurated in Philadelphia, while Comcast is looking for further expansion into Atlanta, probably in the coming year. Comcast Corporation sees the “media industry” in a “transformative phase”, whereby live streaming of videos and other media are more and more gaining popularity in the social media platforms. As a result of which the traditional entertainment industry of “cable TV” are being threatened continuously.
 
Amid this changing industrial landscape Comcast has always managed to be ahead of its peers and competitors alike, whereby it seeks to delve into the programme of “Leveraging Innovation For Tomorrow”. Likewise, Comcast will be able still lead the industry through innovation.
 
Moreover, Comcast also reported that:
“Other media giants such as Time Warner and Walt Disney already have their own accelerator programs; for Comcast, this accelerator – along with its venture fund, Comcast Ventures – should help the company effectively tap entrepreneurial talent in the industry”.
 
 
References:
ethicalperformance.com