# Who does Comcast Corporation pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/comcast · Facet: suppliers · Updated: 2026-09-24T04:08:55.930919+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Comcast Corporation's confirmed suppliers/cost counterparties include Verizon, Fox Corporation, TKO Group Holdings plus 4 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 7 cost edges, backed by 11 dated sources, 3 of them primary filings (as of 2026-09-24).

### NBA·NFL·올림픽·잉글리시 프리미어리그 스포츠 중계권 (high)
- metric: Amount $13.6B · FY2025 · 10-K Programming and Production Costs table: Licensed content, including sports rights
- note: Of Comcast's $34.951 billion in FY2025 programming and production costs, licensed content including sports rights was the largest component at $13.611 billion; the company itself names the NBA, NFL, Olympics and English Premier League as its most significant sports rights agreements. Ampere Analysis independently ranked Comcast/NBCUniversal #2 in 2025 US sports-rights spending share at 18%. These leagues/bodies are not individually listed companies, so this edge does not link to an existing wiki node.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-03) https://www.sec.gov/Archives/edgar/data/1166691/000162828026004994/cmcsa-20251231.htm: "Our most significant sports rights agreements relate to the NBA, NFL, Olympics and English Premier League."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-03) https://www.sec.gov/Archives/edgar/data/1166691/000162828026004994/R51.htm: "Licensed content, including sports rights, totaled $13,611 million in FY2025 (versus $14,668 million in FY2024)."
- [confirms] Ampere Analysis (via TheWrap) (EN, research, published 2025-09-04) https://www.thewrap.com/sports-rights-list-who-owns-what-youtube-disney-netflix/: "NBCUniversal parent Comcast has the second-largest share of spending on U.S. sports rights for 2025 at 18%, according to Ampere."

### 차터 커뮤니케이션스 (high)  → /charter-communications.md
- note: Comcast operates the Xumo streaming-platform joint venture with Charter Communications (branding finalized in 2022), and the FY2025 10-K identifies it as a consolidated joint venture.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-03) https://www.sec.gov/Archives/edgar/data/1166691/000162828026004994/cmcsa-20251231.htm: "Xumo, our consolidated streaming platform joint venture with Charter Communications."
- [confirms] Comcast Corporation (EN, ir, published 2022-11-02) https://corporate.comcast.com/press/releases/comcast-charter-xumo-streaming-platform-joint-venture: "Charter Communications, Inc. (NASDAQ: CHTR) and Comcast Corporation (NASDAQ: CMCSA) today announced their streaming platform joint venture will now operate and conduct business as Xumo."

### 버라이즌 (high)  → /verizon.md
- note: Comcast uses Verizon's wireless network on a wholesale basis for its U.S. wireless offerings including Xfinity Mobile. Its wholesale payments to Verizon are not disclosed.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-17) https://www.sec.gov/Archives/edgar/data/732712/000073271226000007/vz-20251231.htm: "resellers that buy bulk wholesale service from wireless service providers, including Verizon"
- [confirms] SEC EDGAR (EN, filing, published 2026-02-03) https://www.sec.gov/Archives/edgar/data/1166691/000162828026004994/cmcsa-20251231.htm: "Our domestic wireless services are offered over Verizon's wireless network"
- [confirms] Recon Analytics (EN, research, published 2025-12-10) https://www.reconanalytics.com/products/2025-december-cable-cbrs-report-vf/: "the two companies collectively serve 20.3 million wireless subscribers and generate approximately $3.2 billion in annual wholesale payments to Verizon"

### 폭스 (high)  → /fox.md
- note: Comcast renewed a long-term distribution agreement carrying Fox Television Stations, Fox News, Fox Business, FS1, FS2, BTN, and Fox Deportes to Xfinity customers, with financial terms undisclosed.
- [confirms] Comcast Corporation (EN, ir, published 2020-04-01) https://corporate.comcast.com/press/releases/fox-corporation-comcast-long-term-distribution-agreement: "a long-term renewal of their distribution agreement for FOX's full portfolio of channels"

### TKO 그룹 홀딩스 (mid)  → /tko-group-holdings.md
- metric: Contract value $275M (est.) · 연간(2026년 갱신 입찰 기준) · Reported annual bid Peacock offered to retain WWE premium live event rights
- note: Peacock has held WWE's (TKO) premium live event streaming rights since 2021 and in August 2025 signed a new multi-year deal to exclusively stream the Saturday Night's Main Event series, though the main premium-live-event package itself moved to ESPN (Disney) starting in 2026.
- [confirms] NBC Sports (NBCUniversal) (EN, ir, published 2025-08-20) https://www.nbcsports.com/pressbox/press-releases/peacock-and-wwe-agree-to-multi-year-partnership-to-exclusively-live-stream-iconic-saturday-nights-main-event-series: ""We're excited to bring Saturday Night's Main Event exclusively to Peacock beginning this fall," said WWE Chief Content Officer Paul "Triple H" Levesque. The first 2025 event airs November 1, with the December 13 broadcast featuring John Cena's retirement match."
- [mentions] Cultaholic (EN, news, published 2025-08-08) https://cultaholic.com/posts/revealed-how-much-peacock-offered-wwe-in-attempt-to-retain-us-ppv-rights: "Peacock's bid was 'in the neighbourhood of $275 million per year,' while ESPN secured a five-year, $1.6 billion deal (worth $325 million per year) beginning with WrestleMania 42."

### 닌텐도 (mid)  → /nintendo.md
- note: Universal Parks & Resorts partnered with Nintendo to develop Super Nintendo World, which also opened at Epic Universe in Orlando in May 2025. Licensing/royalty terms are undisclosed.
- [confirms] Comcast Corporation / Universal Destinations & Experiences (EN, ir, published 2024-05-02) https://corporate.comcast.com/press/releases/universal-orlando-resort-new-details-super-nintendo-world-universal-epic-universe-2025: "Developed in partnership between the visionaries of Universal Creative and Nintendo."

### 워너브러더스 디스커버리 (mid)  → /warner-bros-discovery.md
- note: Comcast distributes WBD's linear networks, HBO, and the ad-supported Max and Discovery+ services through Xfinity and Sky, and financial terms were not disclosed.
- [confirms] Comcast Corporation (EN, ir, published 2024-12-09) https://corporate.comcast.com/press/releases/comcast-warner-bros-discovery-multi-year-distribution-xfinity-sky-uk: "The agreements will deliver WBD's content to Xfinity and Sky UK and Ireland customers. Financial terms were not disclosed."

### 아마존 (low)  → /amazon.md
- note: An AWS case study states that NBCUniversal used AWS cloud infrastructure (EC2, CloudFront, Elemental MediaTailor, etc.) for major live-streaming events including Super Bowl LVI and the 2022 Winter Olympics. This reflects a 2022-era case study; whether the same relationship holds as of 2025 was not independently reconfirmed, so this is flagged as unverified.
- [confirms] Amazon Web Services (EN, analysis, published 2022-02-13) https://aws.amazon.com/solutions/case-studies/nbc-universal-case-study/: "NBCUniversal commissioned Amazon Web Services (AWS) and AWS Unified Operations for Media to prepare Peacock for those business-critical events, focusing on insertion and content delivery networks (CDNs)."

Reverse side: https://valuechain.wiki/comcast/customers.md · Ripple: https://valuechain.wiki/comcast/ripple.md

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Full node: https://valuechain.wiki/comcast.md · JSON: https://valuechain.wiki/comcast.json