Comcast Hedges Baseball Playoffs Bets
Comcast is hedging its bets on the baseball playoffs.
Per long-standing custom between cities, the mayors of Philadelphia and Denver have placed a wager on the outcome of the series between the Phillies and Colorado Rockies, but Comcast, along with FirstBank and Citizen's Bank are bankrolling the bet.
If The Rockies win, Comcast will donate $1,000 to a Denver homeless shelter. If the Phillies win, Comcast will also donate $1,000 to a shelter in that city.
The two teams lead off a tripleheader playoff lineup on TBS Wednesday.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.