Disney Deal Suggests Content Is No Longer King: One reason Comcast is viewed as attractive these days is its rapidly growing high-speed Internet business, which has been prospering as dial-up lines - the business that AOL dominated - have begun to lose market share. High-speed Internet supplied $2.3 billion of revenue for Comcast in 2003, up 52 percent from 2002.
By contrast, content - the stuff that media customers actually see - is a very small part of Comcast now. It offers cable channels like the E! Entertainment and Style networks and the Golf Channel, but total revenue from that segment came to just $885 million.