Comcast Roundup: earnings down thanks to NBC

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DEFINITE READS

In its earnings report, Comcast says it saw a dip in second quarter revenues of 8.6 percent thanks to the rising costs of the Comcast NBC-U merger. The cable giant also said that it expected to gain more subscribers in June and July.

Outgrowing its gigantic skyscraper, Comcast has rented 43,000 square feet at the Bell Atlantic Tower. The company has the space until at least 2012 and is said to be looking for more space.

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TNT: coIN Loft brings coworking to Wilmington

According to Wes Garnett, Delaware is the only mid-atlantic state that does not have a coworking space.

“It’s not just because no one has started it,” he says, “but because no one has even heard of coworking.”

Much like many Philadelphians, Garnett sees a northern neighbor taking technology talent from his city when there are plenty of reasons to stay home. Though Delaware is well-known as a tax shelter for large corporations, the state hasn’t exactly been rolling out the red carpet for entrepreneurs, something Garnett and his partners hope to change through coIN Loft.

“In 2007, Delaware was ranked 50 out of 50 for attracting entrepreneurs. The next year we jumped to 35,” he says. “Either way we suck.”

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Ignite comes to Wilmington for the first time

You could argue that Wilmington is Philadelphia on a two year delay.

Wilmington, much like Philadelphia earlier in the decade, has been experiencing a renaissance in its creative industries. Creatives in the city have recently founded the Lower Market (LoMa) design district and are set to host their very own Ignite event on July 22 (register here) in a city more known for providing a tax friendly location for banks to headquarter.

“We all felt the need for this to happen,” said organizer Lee Mikles, “so we all just decided to do it ourselves.”
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