Comcast Cable and Time Warner Cable today announced the formation of a joint venture, called the RDK Management, LLC, that will manage the Reference Design Kit (RDK) software being used in next-generation set-top boxes. The RDK is a pre-integrated software bundle, initially developed and licensed by Comcast to create a common framework for powering tru2way ®, IP or hybrid set-top boxes and gateway devices and to accelerate the development and deployment of next-generation video services. The RDK works with the CableLabs OCAP Reference Implementation software along with other open source components. The new company will be responsible for the RDK licensing, community support and training, as well as code management. Comcast will contribute RDK components into the new entity, including the RDK code and specifications, related intellectual property rights and associated contracts, including all of the current RDK licenses which will be transitioned to the RDK Management, LLC. The new entity also will provide continuity with the existing licensing program and continue to offer a licensing program similar to the existing program. In addition, the new entity will establish an expanded support program to provide technical support to RDK licensees as operators more broadly deploy the RDK solution. Since its introduction in early 2012, more than 100 licensees have joined the RDK community, including OEMs, Systems Integrators, SOCs and software vendors as well as MVPDs to create a community of innovators focused on bringing rich, multi-screen TV home entertainment experiences to consumers faster. About Comcast Cable Comcast Cable is the nation's largest video, high-speed Internet and phone provider to residential customers under the XFINITY brand and also provides these services to businesses. Comcast has invested in technology to build an advanced network that delivers among the fastest broadband speeds, and brings customers personalized video, communications and home management offerings. Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and technology company. Visit www.comcastcorporation.com for more information. About Time Warner Cable Time Warner Cable Inc. (NYSE: TWC) is among the largest providers of video, high-speed data and voice services in the United States, connecting more than 15 million customers to entertainment, information and each other. Time Warner Cable Business Class offers data, video and voice services to businesses of all sizes, cell tower backhaul services to wireless carriers and managed and outsourced information technology solutions and cloud services. Time Warner Cable Media, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions. More information about the services of Time Warner Cable is available at www.twc.com, www.twcbc.com and www.twcmedia.com.