On August 22, 2016, NBCUniversal bought DreamWorks Animation along with its major IP, including Shrek, How to Train Your Dragon, Kung Fu Panda, Trolls, and Madagascar and Big Idea Entertainment owning its famous Christian computer animated direct-to-video franchise VeggieTales. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Board of Directors Calvin G. Butler Jr. President and Chief Executive Officer Exelon Corporation Gil C. Quiniones CEO, ComEd Ricardo ("Ric") Estrada President and CEO of Metropolitan Family Services Independent Director since 2021 Zaldwaynaka ("Z") Scott, Esq. Like Disney, the deal included the 20th Century Fox film and television studios, cable entertainment and broadcast satellite networks including FX Networks, National Geographic Partners, Fox Sports Networks, and international channels such as Star India. [167] The move was seen by Variety as an attempt to appeal to the cord-cutting market.[167]. At Dell Technologies, all our Digital Leaders are innovation pioneers, driving the technological revolution forward. [101] The purchase of Lenfest also bought Comcast the remaining 50% stock of the cable operator Garden State Communications a company whom Comcast had already owned half of in partnership with Lenfest for years. Mr. Breen is the Executive Chairman and Chief Executive Officer of DuPont de Nemours, Inc. Before becoming CEO, he was Executive Chairman of DuPont and previously served as CEO of DowDuPont and DuPont since 2015. We deliver service on your terms, including 24/7 support, easy self-service tools on any . [185] Eight days later, several Fox investors expressed interests in signing a deal with Comcast due to their all-cash offer as opposed to Disney's $52.4 billion stock offer. At the same time, Fox was given clearance by the British government to purchase Sky. Data may be intentionally delayed pursuant to supplier requirements. [145][146] On February 12, 2013, Comcast announced that it would acquire the remaining 49% of General Electric's interest in NBCUniversal, in a deal valued at approximately $16.7 billion. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. [193], However, on June 20, 2018, Disney and Fox announced that they had amended their previous merger agreement, upping Disney's offer to $71.3 billion (a 10% premium over Comcast's $65 billion offer), while also offering shareholders the option of receiving cash instead of stock. [8] It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. GE would maintain 49% control of the new company, while Comcast owned 51%. He also served as Chairman of the National Cable & Telecommunications Association (NCTA) for two consecutive terms and is Director Emeritus of CableLabs, the research and development consortium for the cable industry, where he served three terms as Chairman. It was reported that under the current deal with GE that it would happen in November or December. The service operates as a business within the Comcast Cable division. ); the film studio Universal Pictures; the VOD streaming service Peacock; animation studios (DreamWorks Animation, Illumination, Universal Animation Studios) and Universal Parks & Resorts. However, after a bidding war that included Disney (which was, in turn, acquiring most of 21st Century Fox assets), Comcast acquired the entirety of Sky in 2018 for 17.28 per-share. [154], In 2014, critics expressed concern that the deal would give Comcast greater negotiating power in a number of areas, including rebroadcast fees with television channels,[155] and peering agreements with ISPs. For the fiscal year 2017, Comcast reported earnings of US$22.7 billion, with an annual revenue of US$84.5 billion, an increase of 5.5% over the previous fiscal cycle. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The company was founded in 1963 and is headquartered in Philadelphia, PA. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. After the dissolution, Comcast obtained the Houston system, and Time Warner retained the others. The information here is provided for your convenience only. The Media segment consists of NBCUniversals television and streaming platforms, including national, regional, and international cable networks. The information in this document represents our understanding of federal income tax laws and regulations, but does not constitute personal tax advice based on your specific situation. Fox stated that it "remains committed to its recommended cash offer for Sky", and that Comcast had not yet made a "firm offer". Comcast offers low cost internet and cable service to schools, subsidized by general broadband consumers through the U.S. government's E-Rate program. In 2011, the company formed a joint venture with General Electric that gave it a 51% interest in NBCUniversal (NBCU). EXECUTIVE BOARD & Active Director. Comcast Business offers ethernet, internet, Wi-Fi, voice, television and managed enterprise services to organizations. Brian L. Roberts. In 2009, it was included on CableFAX magazine's "Top 10 Places to Work in Cable", which cited its "scale, savvy and vision". 1 In addition, the candidate pool is very specific and typically includes sitting and recently retired CEOs, COOs, and presidents, followed by other corporate executives . The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. Comcast responded immediately by publicly acknowledging the dubious award and citing ongoing efforts to improve its customer service. We highlight various female leaders in the broadband industry. For the internet service provider previously branded as Comcast, see, Largest U.S. cable provider (2001present), Attempted acquisition of Fox and subsequence of Sky, All of Comcast's class B common stock, which controls 33.3% of voting power, is owned by CEO Brian Roberts. Comcast became the sponsor of NASCAR's second-tier series renaming it the NASCAR Xfinity Series in 2015. John Farris, Secretary. The ACSI analysis also addresses this contradiction, stating that "Such pricing power usually comes with some level of monopoly protection and most cable companies have little competition at the local level. EDGAR performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the SEC. Ellen Friedell, Barrie Trimingham, Settlement Music School's board chair and Helen Eaton, Executive Director of Settlement Music School at the School's 107th Anniversary Gala at Hyatt at The Bellevue Philadelphia Hotel on May 2, 2015. . Tom Karinshak. [165], In August 2015, Comcast announced to speed up Internet for low-income customers from 5 megabits per second (mbps) to 10 Mbit/s, provide free wireless routers, and will pilot an initiative to increase Internet access for low-income senior citizens. [24] In 2010, he was one of the highest paid executives in the United States, with total compensation of about $31 million. Compensation. Group Director for International Business Development. Net profit margin rose from 4.2% in 1999 to 8.4% in 2009, with operating margins improving 31% and return on equity doubling to 6.7% in the same time span. PHILADELPHIA--(BUSINESS WIRE)--Oct. 28, 2021-- Comcast Corporation (NASDAQ: CMCSA) announced that its Board of Directors declared a quarterly dividend of $0.25 a share on the company's common stock. Read More . It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. In July 2006, Comcast purchased the Seattle-based software company thePlatform. Mr. Schaeffer can be reached at dschaeffer@cogentco.com or 202-295-4201. He played his final season for the New York Yankees in 2014. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). If you have a problem with Comcast, and you've called customer service, and you've escalated to a supervisor, and maybe even hung up and tried a different person, and you're still Pat Gallagher. [89], In February 1990, Ralph Roberts' son, Brian L. Roberts, succeeded his father as president of Comcast. [113][114] On October 31, 2005, Comcast officially announced that it had acquired Susquehanna Communications, a South Central Pennsylvania-based cable television and broadband services provider and unit of the former Susquehanna Pfaltzgraff company, for $775 million cash. Prior to his current position, Hoplamazian served as president of The Pritzker Organization (TPO), the principal financial and investment advisor for Pritzker family . Employee Directors. Browse Board of Directors By First Name A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Browse Executives by First Name A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K Comcast has also operated local channels in some markets, such as Comcast Television in the Detroit region, Comcast Network in the Philadelphia and Mid-Atlantic regions (formerly CN8), and Comcast Entertainment Television in Denver and parts of Utah. This section contains the composition and charters of our Board's committees. According to the Global Leaders Forum Survey, the gender gap is highest in . Board of Directors Christopher Cashman Carolina DiGiorgio, Esq. The Comcast and NBCUniversal IDCs meet regularly throughout the year, and are chaired respectively by David L. Cohen, Senior Executive Vice President and Chief Diversity Officer for Comcast Corporation, and Craig Robinson, Executive Vice President and Chief Diversity Officer for NBCUniversal. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report [27] As of 2019, the company had 184,000 employees.[28]. 305-559-4000 - Phone . [138][139][140] GE would take over the remaining 49% stake in NBC Universal, using $5.8billion to buy out Vivendi's 20% minority stake in NBC Universal. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The American Customer Satisfaction Index, "Lobbying Spending Database - Comcast Corp, 2017 | OpenSecrets", "Corporate Jet Set, Leisure vs. Businessw", "1080i channels are being changed to 720p channels", "Not so fastComcast told to stop claiming it has "fastest Internet", "MN sues Comcast alleging overcharges, broken promises", "Comcast/Xfinity to issue refunds to settle Minnesota lawsuit", ACC fans considering leaving Comcast in order to watch new ACC Network, ACC Fans Celebrate: ACC Network is Finally on U-Verse, Comcast Violates a Key Marketing Principle: Never Give Your Customers a Reason to Switch, NC Governor Asks TV Providers to Carry ACC Network, "Supreme Court Won't Stop Antitrust Trial for Comcast", https://en.wikipedia.org/w/index.php?title=Comcast&oldid=1141991033, Worldwide; mostly United States and Europe, Maritza Montiel, former deputy chairman and CEO of, Asuka Nakahara, former CFO of Trammell Crow, This page was last edited on 27 February 2023, at 23:10. [152] This was to add several metropolitan areas to the Comcast portfolio, such as New York City, Los Angeles, DallasFort Worth, Cleveland, Columbus, Cincinnati, Charlotte, San Diego, and San Antonio. Before it was renamed for Comcast's cable subsidiary, Xfinity Center was called Comcast Center from its opening in 2002 through July 2014. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. Our board currently consists of 10 directors. [212][213][214][215], Through Sky, Comcast offers any first-party and third-party television programming which using the satellite distribution system to its customers and subscribers across several countries in Europe, such as the United Kingdom, Ireland, Germany, Austria, Switzerland, Italy and Spain. [139] On January 18, 2011, the FCC approved the deal by a vote of 4 to 1. [172][173] Including Comcast's Home Security offering, customers now have the option of a Quintuple Play. Between 2010 and 2013, Tye served as a Commissioner on Thurston County's Water Conservancy Board. Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. Sky News Names Former CBS News President David Rhodes Executive Chairman. Comcast denied the rumors at first, while NBC would not comment on them. It is Europe's largest media company and pay-TV broadcaster by revenue (as of 2018[update]),[216] with 23million subscribers and more than 31,000 employees as of 2019.[217][218]. At the time, American Cable was a small cable operator in Tupelo, Mississippi, with five channels and 12,000 customers. 5505 Blue Lagoon Drive Miami, FL 33126. President, Connectivity Services and Consumer Experience. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). [189], On June 15, 2018, the European Commission gave antitrust clearance to Comcast's offer to purchase Sky, citing that in terms of their current assets in Europe, there would be limited impact on competition. In this role . Apr 2022 - Present11 months. On September 22, 2018, Comcast outbid 21st Century Fox, by raising its bid for Sky plc to $40 billion, or $22.57 a share. [182], On April 12, the Panel on Takeovers and Mergers ruled that Disney had to acquire all of Sky within 28 days of fully acquiring Fox if the latter's acquisition of Sky was not completed by the time the merger was done, or if Comcast's counter-offer wasn't accepted. Lift A Life Novak Family Foundation, Comcast Corp. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." [44] As of 2020[update], Comcast is ranked 28th on the Fortune 500 rankings of the largest United States corporations by total revenue.[45]. On November 18, 2002, Comcast officially acquired all assets of AT&T Broadband, thus making Comcast the largest cable television company in the United States with over 22 million subscribers. Brian has won numerous business and industry honors for his leadership. Congressmen as lobbyists. Gregory E. Johnson *. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. CNN's Executive Vice President of Programming, CNN U.S. is Michael Bass. [119], In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million. Rima Qureshi is Verizon's Chief Strategy Officer & Executive Vice President. Adobe's leadership and corporate governance documents outline the procedures and practices to guide the Board's duty as a fiduciary for its stockholders' long-term interests. Marc Montagner Marc Montagner, age 60, has served on our Board since April 2010 and has served as our Lead Independent Director since February 2020. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney in favor of Sky. [249], On December 21, 2018, Minnesota State Attorney General Lori Swanson filed a lawsuit against Comcast in Hennepin County over allegations that the company had overcharged customers for cable packages, added home security, service protection plans, modem and other equipment packages to customers bills without their consent, and did not give customers the prepaid 200$ Visa cards they promised to give if customers kept up-to-date on their monthly bills for 90 days on their advertisements. Executive Vice President Customer Experience. [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. Comcast executive David Cohen has joined PNC's board of directors. Board of Directors in COMCAST CORP For its 2021 fiscal year, COMCAST CORP, listed the following board members on its annual proxy statement to the SEC. In response, Comcast increased its bid to $34 billion, and $19.5 a share. [133][134] It was also reported that Time Warner would be interested in placing a bid, until CEO Jeffrey L. Bewkes directly denied interest,[135] leaving Comcast the sole bidder. [240][241] Comcast employs the spouses, sons and daughters of mayors, councilmen, commissioners, and other officials to assure its continued preferred market allocations. [20][21], Comcast is described as a family business. Directors Timothy Adams Mindyjane Berman Iris Boci Gary Bridges David Deets Dee Dukes Gordon Fink Trenya Garner [147][148] The acquisition was completed on March 19, 2013. [74] Municipal broadband restrictions of varying scope have been passed in a total of 20 U.S. Comcast Corporation, based in Philadelphia, is the largest cable company in the United States, ahead of Time Warner Cable, with more than 24 million subscribers. Mark G. Parker Mr. Parker, 66, is Executive Chairman of the Board of Directors of the Company and has been a director since 2006. [159] The U.S. Senate Judiciary Committee held a hearing on the deal on April 9, 2014. Since October 2018, it has also been the parent company of Sky Group. [183] On April 25, 2018, Comcast made its formal counter-bid for Sky plc, offering 12.50 per-share; Sky subsequently withdrew its recommendation of the Fox bid. Comcast's content networks and assets also include E!, Oxygen, Golf Channel, NBCSN, Universal Kids, Bravo, and the regional NBC Sports Networks. [75], According to watchdog group Documented, in 2020 Comcast contributed $200,000 to the Rule of Law Defense Fund, a fund-raising arm of the Republican Attorneys General Association that was shown to have provided funding to the Save America March that devolved into an attack on the U.S. Capitol on January 6, 2021.[76]. Plans for the launch initially scheduled for summer 2020[222] were put on hold due to the COVID-19 pandemic in the United Kingdom. All rights reserved. Inquiries relating to our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY (1-800-934-6489). Detailed Quotes Tools Email Alerts RSS Feeds IR Contact FAQs [231][232][233] In November 2022, Comcast and Charter announced that the joint venture would use the Xumo name, with Xfinity Flex, Xumo, and XClassTV rebranded as Xumo Stream Box, Xumo Play, and Xumo TV respectively.[234]. The information in this document represents our understanding of federal income tax laws and regulations, but does not constitute personal tax advice based on your specific situation. . Embedding D&I in the Business Comcast Board Members Name & TitleBio Brian L. Roberts CEO Brian Michael Roberts (born October 9, 1977) is an American former professional baseball second baseman. Mr. Bacon has been a partner at RailField Partners, a financial advisory and asset management firm, since his retirement from Fannie Mae in March 2012, where he had served as the Executive Vice President of the multifamily mortgage business since July 2005. [22] Brian L. Roberts, its chairman, president and CEO, is the son of founder Ralph J. Roberts (19202015). This also means that a cable company can do well financially even though its customers are not particularly satisfied. Kenneth J. Bacon has served as a director since November 2002. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. He served as President and Chief Executive Officer of the Company from 2006 - 2020. This document provides guidelines relating to the structure and functioning of our Board of Directors and the responsibilities of our directors. [68] Comcast is also a major backer of the National Cable and Telecommunications Association Political Action Committee, which raised $2.6 million from 2011 to 2012. Key People Comcast Corp. Cl A Board of Directors Name/Title Current Board Membership expand All Executives Brian L. Roberts Chairman & Chief Executive Officer Michael J. Cavanagh President. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Indianapolis Public Transportation Corporation Board of Directors 1st Term: Dec 06, 2021 to Aug 05, 2024 Don Adams Central Indiana Regional Transportation Authority Board 2nd Term: Jan 01, 2010 to Dec 31, 2022 Preston T Adams III Indianapolis Charter School Board 1st Term: Jul 14, 2020 to Aug 31, 2024 Zach Adamson Mayor's Latino Advisory Council Comcast Corp. engages in the provision of video, Internet, and phone services. Mr. [62] Comcast employs multiple former U.S. This shows whether Comcast discloses data about the diversity of its board of directors, C-suite, general management, and employees overall across a variety of metrics. ACTIVE DIRECTOR JAMES CAMPBELL Senior Director, Government Affairs Altice USA. In addition, numerous customers reported inappropriate name-calling and interrogation by customer service representatives. [230], In April 2022, Comcast and Charter Communications announced that they would form a joint venture to form a "next-generation streaming platform", with Comcast contributing its Xfinity Flex, XClass TV, and Xumo businesses. Comcast's corporate governance practices and policies promote fairness, transparency and accountability and reflect the Company's commitment to integrity in its dealings with all of its stakeholders. From January 2005 to July 2005, he served as the interim Executive Vice President of Housing and Community Development at Fannie Mae. Andy Davis is a Director, Government Affairs at Comcast based in Philadelphia, Pennsylvania. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Be intentionally delayed pursuant to supplier requirements won numerous business and industry honors his... February 1990, Ralph Roberts ' son, brian L. Roberts, succeeded his father as and. The FCC approved the deal by a vote of 4 to 1 2011, the company formed a joint with... Reached at dschaeffer @ cogentco.com or 202-295-4201 following segments: Cable Communications, Media, Studios, Parks. Platforms, including national, regional, and time Warner Cable announced plans to buy assets... Leaders Forum Survey, the FCC approved the deal on April 9,.. Offers ethernet, internet, Wi-Fi, voice, television and managed enterprise services to organizations the... On any provided for your convenience only to July 2005, Comcast increased bid. 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