Comcast Spectacor

Comcast Sports Ventures d.b.a. Comcast Spectacor is a Philadelphia-based sports and entertainment company. It owns the Philadelphia Flyers of the National Hockey League and formerly owned the Philadelphia 76ers of the National Basketball Association. The company owns and manages the Wells Fargo Center and formerly managed the Spectrum in South Philadelphia before that arena was demolished, plus several community skating rinks in the Philadelphia region known as Flyers Skate Zone. The Comcast SportsNet regional sports networks were also owned by Comcast Spectacor prior to parent company Comcast's acquisition of a majority stake in NBCUniversal in January 2011; CSN is now operated through NBC Sports.

The company was formed in 1974 by Flyers founder and chairman Ed Snider as Spectacor, the parent company of both the Flyers and the Spectrum. Snider had been instrumental in getting the Spectrum built in 1967, and assumed control of the arena in 1971. He sold a 63% stake in Spectacor to Comcast in 1996, remaining the renamed Comcast Spectacor's chairman. Shortly afterward, Comcast Spectacor bought the 76ers; as the Spectrum's owner, Snider had been the Sixers' landlord since 1971.

Read more about Comcast Spectacor:  Global Spectrum, Other Businesses