Center City
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Stateside Vodka Chooses Center City to Relocate Corporate Headquarters
Stateside Vodka, the maker of Surfside canned cocktails, has chosen to relocate its corporate headquarters to Center City, writes Paul Schwedelson for the Philadelphia Business Journal. Stateside Vodka has signed a new 11-year lease at 1100 Ludlow Street, where it will be taking up 34,200 square feet of the building across the fifth and sixth…
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Comcast’s Chief Product Officer Aims to Simplify TV Viewing Experience, Here’s How
Comcast Chief Product Officer Fraser Stirling acknowledged that the TV viewing experience has become increasingly complicated and is working to simplify it again, writes Ryan Mulligan for the Philadelphia Business Journal. Customers have never faced such an array of streaming services, numerous ways to watch sports, and ever-growing content libraries. Stirling plans to simplify this…
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WSJ: Comcast Expands and Reaches New Agreements With Amazon to Share Streaming Content Across Platforms
Philadelphia-based Comcast has reached new or expanded existing distribution agreements with Amazon to make their streaming content available on each other’s platforms, writes Dean Seal for The Wall Street Journal. Comcast customers will have Prime Video content available on NBCUniversal’s Xfinity X1 devices, while Amazon users will have access to NBCUniversal’s Peacock streaming app subscriptions…
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Bob Casey, Longtime Pennsylvania Senator, Gains New Roles at Familiar Philly Law Firm, Hometown University
Former U.S. Senator Bob Casey has taken on two new gigs nine months after losing his bid for a fourth term, writes Molly McVety for PhillyVoice. Effective September 1, Casey will join Philadelphia-based law firm Dilworth Paxson as a counsel and member of its corporate and business practice group. The news comes after it was…
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Comcast Fights Back to Keep Internet Customers with New Guarantees and Perks
Philadelphia-based Comcast has been exploring ways to reverse its internet customer exodus, which includes price guarantees and a free mobile line, writes Lizzy McLellan Ravitch for The Philadelphia Inquirer. For years, Comcast has been losing more cable customers than it has been adding, and more recently, it has also started losing broadband internet customers. The…
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WSJ: Comcast Reports Q2 Revenue Growth Driven By Xfinity Mobile Surge, Orlando Theme Park Opening
Comcast has reported second quarter revenue growth, driven by a rise in Xfinity Mobile subscribers and the opening of a new theme park in Orlando, writes Josie Reich for The Wall Street Journal. Revenue increased by 2.1 percent compared to the same period last year, reaching $30.3 billion and surpassing analyst expectations. Adjusted profit also…
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Philadelphians Fight to Save the Wanamaker Holiday Experience. Join in the Fun.
You know, two people yelled at me this week. But what I read in The Philadelphia Inquirer absolutely and wonderfully made up for it. A plan is taking shape to maintain the Wanamaker Christmas Light Show and Dickens Village. Does anybody else hear Queen singing “We are the champions, my friends…”? No? Just me? That’s…
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Comcast Increases Peacock’s Monthly Rates, Its Biggest Since Launch
Comcast recently announced it is raising the price of Peacock to subscribers, effective July 23, writes Lucas Shaw for Bloomberg. As of July 23, Peacock will be raising its price by $3 a month for new customers, representing a nearly 38 percent increase. New subscribers who have the version with advertisements will see their monthly…
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Comcast and 76ers Team Up to Purchase Market East Buildings, Eyes Revitalizing Struggling Corridor
Comcast and the Philadelphia 76ers are no strangers to working together, and their latest partnership is part of an effort to revitalize the struggling Market East corridor in Center City, writes Aaron Moselle for WHYY. The two entities recently got together to acquire the 920-938 Market Street and 1000-1024 Market Street properties, respectively. According to…
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Wanamaker Building Conversion to Include Several Attractive Features and Amenities
Just over a month after officially completing its acquisition of the Wanamaker Building, TF Cornerstone has provided more details on what its conversion will look like, writes Noah Zucker for BisNow. The city recently issued a permit for the project. The permit unveils plans for the development. This includes two rooftop decks and a swimming…
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Wall Street Journal: Comcast Selling Sky Deutschland to Germany Media Group in $617M Deal
Comcast has announced it is selling Sky Deutschland to RTL Group, which is part of German media group Bertelsmann, write Najat Kantouar and Adrià Catatayud for The Wall Street Journal. This $617 million deal, to which RTL will pay up to 527 million euros, comes amidst the growth of streaming platforms in media company throughout…
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Kirkland & Ellis, the World’s Highest-Grossing Law Firm, Targeting Philadelphia Growth
Kirkland & Ellis, which leased 29,000 square feet in one of the city’s office towers earlier this year, is looking to grow its Philadelphia presence, writes Jeff Blumenthal for the Philadelphia Business Journal. Headquartered in Chicago, Kirkland & Ellis is the highest-grossing law firm in the world. Due to the size of its three-year lease,…
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KYW Newsradio Celebrates 60 Years of Delaware Valley News Coverage in 2025
KYW Newsradio is celebrating its 60th anniversary this year of keeping residents of the Delaware Valley informed about the many happenings throughout the region, according to a KYW Staff report. As can be imagined, the last six decades has brought out countless stories. Some of the happenings throughout the region include tragedies like the Three…
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TF Cornerstone, Now Sole Owner of Historic Wanamaker Building, Reveals Conversion Plans
New York City real estate developer TF Cornerstone has officially solidified its full ownership of the historic Wanamaker Building in Center City, writes Noah Zucker for BisNow. After initially purchasing the building’s first three floors in 2019, the developer later acquired the fourth through 12th floors and 660 parking spaces in its underground garage last…
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Philadelphia’s Oldest Tavern Expands with New Center City Retail Store
McGillin’s Olde Ale House has expanded its footprint with a permanent retail store in Center City, just one block away from the 165-year-old bar and restaurant, writes Emma Dooling for the Philadelphia Business Journal. The 500-square-foot space is near the site where McGillin’s operated its temporary Holiday Pop Up Shoppe for the past two years.…
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‘State of Center City’ Report Challenges Misconceptions About Safety, Office Demand, and Residential Appeal
Five years after the start of the pandemic, Center City is still struggling to change misconceptions over safety, office space demand, and residential appeal, writes Michaelle Bond for The Philadelphia Inquirer. According to Prema Katari Gupta, president and CEO of Center City District, despite data to the contrary, these narratives have had “remarkable staying power”…
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See How Comcast CEO Brian Roberts’ 2024 Compensation Compared to Previous Year
Comcast Corp. CEO Brian Roberts saw a noticeable 4.5 percent drop in his 2024 pay, writes Ryan Mulligan for the Philadelphia Business Journal. His pay in 2024 was $33.86 million compared to $35.47 million in 2023, according to Comcast’s annual proxy report. Brian Roberts’ 2023 compensation was his highest in four years at the point.…
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Peirce College Announces Patty Jackson As 2025 Commencement Ceremony Keynote Speaker
Peirce College is honored and excited to announce that Patty Jackson, WDAS radio personality and Philadelphia legend, will be the keynote speaker for the 2025 Peirce College Commencement Ceremony! Jackson will address graduates at the College’s 160th Commencement Ceremony, to be held at the Miller Theater in Center City Philadelphia. A proud South Philadelphia native,…
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