In 2008, Black Enterprise magazine rated Comcast among the top 15 companies for workforce diversity. It concluded that Comcast's staff endured unreasonable corporate policies: "Customer service has been replaced by an obsession with sales; technicians are understaffed tech support is poorly trained, and the company is hobbled by internal fragmentation. [131][132] Vivendi, which owns 20%, would have to sell its stake to GE. On February 27, 2018, Comcast offered to purchase 61% stake in Sky plc at a value of 12.50 per-share, approximately 22.1 billion. He is on the Advisory Board of Tsinghua University School of Economics and Management. [130] However, CNBC itself reported on October 1 that General Electric was considering spinning NBC Universal off into a separate company that would merge the NBC television network and its cable properties such as USA Network, Syfy and MSNBC, as well as Universal Studios, with Comcast's content assets. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. [160] The House Judiciary Committee planned its own hearing. 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. Michael Bass Executive Vice President of Programming, CNN U.S. Katrina Cukaj Executive Vice President, CNN Advertising Sales Richard Davis Executive Vice President of News Standards and Practices, CNN Amy Entelis Employee Directors. Based in London for Sky (skygroup.sky), Europe's leading direct-to-consumer media and entertainment company, a division of Comcast-NBCUniversal. It would not include the Fox Broadcasting Company, Fox Television Stations, Fox Sports, and Fox News units, all which will be spun-off into a new independent company,[176] which is later known as the Fox Corporation since the 2019 launch. Alyssa H. Henry joined Intel Corporation's board of directors in January 2020. [236] Comcast's Customer Service Rating by the ACSI surveys indicate that the company's customer service has not improved since the surveys began in 2001. On May 19, 2009, Disney and ESPN announced an agreement to allow Comcast Corporation to carry the channels ESPNU and ESPN3.[211]. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Comcast's content networks and assets also include E!, Oxygen, Golf Channel, NBCSN, Universal Kids, Bravo, and the regional NBC Sports Networks. [194] On June 27, the United States Department of Justice gave antitrust approval to Disney under the condition of selling Fox's 22 regional sports channels, to which the company has agreed. [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. Greg Butz. [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. Brian is a member of the Business Roundtable and served on President Obamas Council on Jobs and Competitiveness. 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). Raymond James Bank. [96] In 1997, Microsoft invested $1 billion in Comcast, and the company launched its digital TV service. The Media segment consists of NBCUniversals television and streaming platforms, including national, regional, and international cable networks. Comcast's shares traded at over $47 per share, and its market capitalization was valued at over US$213.4 billion in February 2022. 1701 JFK Blvd. Director of Financial Assets Letters from Annual Reports (1977 through 2001), quarterly reports, press releases and other information about Berkshire may be obtained on the Internet at berkshirehathaway.com. 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. Mark G. Parker Mr. Parker, 66, is Executive Chairman of the Board of Directors of the Company and has been a director since 2006. According to The Wall Street Journal nearly two thirds of the flights of Comcast's $40 million corporate jet purchased for business travel related to the NBCU acquisition, were to CEO Brian Roberts' private homes or to resorts. Comcast Cable also provides similar services to small to medium-sized business through its Comcast Business brand, and Fortune 1000 companies through its Comcast Enterprise brand. In 2020, NBCUniversal and Sky Group began preparations to launch an international news channel called NBC Sky World News. As part of the deal, Time Warner Cable and Comcast traded existing subscribers in order to consolidate them into larger geographic clusters.[127][128]. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. [163] Several states' attorneys general have announced support for the federal investigation. [86][87] Also that year, Comcast made a founding investment of $380 million in QVC. [195] On the next day, Disney and Fox shareholders scheduled July 27, 2018 as the day to vote on Fox's properties being sold to Disney, giving Comcast enough time to make a higher counter-offer for the Fox assets. "[177] On December 14, Disney officially confirmed its acquisition of 21st Century Fox for $52.4 billion in stock, pending review from the United States Department of Justice Antitrust Division.[178]. "Official Employees are from multiple teams within Comcast: Product, Support, Leadership. A 2014 investigative series published by The Verge involved interviews with 150 Comcast employees, and examined why the company was so widely criticized by its customers, the media, and its own workers. On November 1, 2009, The New York Times reported Comcast had moved closer to a deal to purchase NBC Universal and that a formal announcement could be made sometime the following week. He and his wife, Aileen, live in Philadelphia. Between 1999 and 2009, return on capital nearly tripled to 7%. Steve Raney. On November 16, 2017, it was reported that Comcast attempted to purchase 21st Century Fox, following the news 10 days earlier that The Walt Disney Company negotiated with Fox to acquire the same assets. Prior to that, he was Executive Vice President, Chief Financial Officer and a Director at Paramount Communications, Inc., formerly Gulf + Western Industries, Inc. Mr. Nelson has served on the board of Hanesbrands Inc. since 2008 and its Non-Executive Chairman since 2019, and on the board of Wyndham Hotels & Resorts, Inc. since 2019. 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. Compensation and Human Capital Committee. 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. As part of this acquisition, Comcast also acquired the National Digital Television Center in Centennial, Colorado as a wholly owned subsidiary, now known as the Comcast Media Center. To access the individual Committee Charters please click below. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Contact. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. Zach Bates, Vice-Chair & Treasurer. This document, together with the Articles of Incorporation, comprises Comcast's governing instruments. ", "Comcast Launches App-Based Technician Tracker", "Comcast, Time Warner to Carve Up Adelphia", "Comcast, Form 8-K, Current Report, Filing Date Apr 26, 2005", "Adelphia deal to shuffle cable: One in 10 subscribers to get new operator as a result of $17.6B purchase by Comcast, Time Warner", "Comcast adjusts to accommodate Adelphia deal", GE is in Talks to Spin Off NBC, Give Comcast 51% of New Unit, GE and Comcast Exploring a Spin-Off of NBC Universal, GE Investors Breathe Sigh of Relief on Comcast Talks, Questions Continue to Swirl Around Comcast Venture, Comcast Said to Be Close to Gaining NBC Universal, "GE, Comcast Complete Deal Over NBC Universal: Source", "Comcast, Form 8-K, Current Report, Filing Date Dec 4, 2009", "Comcast scores controlling stake in NBC Universal", "Comcast Wins U.S. Approval to Buy NBC Universal From GE for $13.8 Billion", Comcast Takes Over NBC Universal After Long Review, "Comcast Adds NBC Peacock to Corporate Logo", Comcast to buy out GE's interest in NBCUniversal, "Comcast To Pay $16.7B For General Electric's 49% Of NBCUniversal", "Comcast Burdened by Covid-19 Impact on Theme Parks, Movie Studio", "Comcast strikes deal to buy Time Warner Cable for $45 billion", "Comcast Agrees to Buy Time Warner Cable for $45.2 Billion", "Comcast confirms $45 billion merger with Time Warner Cable", "Time Warner Cable to Merge with Comcast Corporation to Create a World-Class Technology and Media Company", "What The Comcast-Time Warner Cable Merger Means For TV Viewers", "Sen. Al Franken: Comcast buying Time Warner Cable could threaten 'open nature' of internet", "Ex-cable and wireless lobbyist confirmed as FCC chairman", "We Need Real Competition, Not a Cable-Internet Monopoly", Comcast spreads cash wide on Capitol Hill, "A sometimes-tense hearing on Capitol Hill on proposed Comcast-Time Warner merger", "Goodlatte and Bachus Statement on Proposed Comcast-Time Warner Cable Merger", "US confirms antitrust probe of Comcast-TWC deal", "Top Official Can't Rule on Cable Merger", "Exclusive: States to probe Comcast plan to buy Time Warner Cable", "Comcast Is Said to End $45 Billion Bid for Time Warner Cable", "Comcast speeding up its discounted Internet service", "Comcast Launches Watchable: Can Web Video Help Save Cable TV? Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Post Office Box 5061, Monroe, Louisiana 71211. boardinquiries@lumen.com. [161] On March 6, 2014, the United States Department of Justice Antitrust Division confirmed it was investigating the deal. Corporate Brian L. Roberts Chairman & Chief Executive Officer View Bio Jason S. Armstrong Chief Financial Officer & Treasurer View Bio Lisa Bonnell Executive Vice President, Comcast Global Audit & General Auditor View Bio Francis M. Buono Executive Vice President, Legal Regulatory Affairs & Senior Deputy General Counsel View Bio Nicholas Giordano Sidney Hargro Joan Hilferty Lorina Marshall-Blake, ex officio Pamela Sarne-McCormick Richard Snyder, M.D. Boards and Commissions - Board Directory An official website of the City of Chicago Here's how you know CHIBoards and Commissions Home Board Directory Member Search Ethics and Open Meetings Boards and Commissions Directory The information on this site is current as of January 26, 2023 Its customer satisfaction ratings were among the lowest in the cable industry during the years 20082010. ", "Comcast-Fox Deal Talks Latest Entry Into Media Merger Mania", "Comcast drops bid for Fox assets, leaving Disney in pole position", "Disney is buying most of 21st Century Fox for $52.4 billion", "Murdoch bid for Sky challenged by US giant", "Comcast Mulls Renewing Its 21st Century Fox Assets Pursuit Report", "Comcast May Make Another Bid for 21st Century Fox (Report)", "NBCU's Steve Burke Claims Comcast's $31B Sky Deal Will Boost Scripted TV & Film Fortunes, Fox Notes No "Firm Offer" Was Made; 21st Century Fox Reacts Update", "Disney Will Be Forced To Acquire All Of Sky If Fox's Takeover Of UK Pay Net Is Not Complete Before Mega-Deal", "Comcast starts 22bn bidding war for Sky", "Comcast's all-cash bid could pit Murdoch against Fox shareholders", "Sky bid battle looms after government nod", "U.K. Approves Fox's Sky Bid, Subject to Sale of Sky News, and Clears Comcast Offer", "Comcast makes $65 billion offer to steal 21st Century Fox away from Disney", "Comcast Clears EU Hurdle in $29 Billion Bid for Sky", "Comcast Clears EU Antitrust Hurdle for Sky Ahead of Disney Fight", "Walt Disney Agrees to Acquire Sky News, Annual Funding to Be Boosted to $130M", "Disney Sweetens Offer for Fox to $71 Billion, Outbidding Comcast", "Disney wins US antitrust approval to buy Fox assets", "Disney, Fox Set Shareholder Voting Date for $71 Billion Deal", "Disney and Fox schedule July 27 shareholder votes on merger upping pressure on Comcast", "Murdoch's Fox increases Sky bid to 24.5bn in takeover battle", "Comcast Raises Bid for Sky as Regulatory Decision Accelerates Sale Process", "Sky Hearing on Same Day as Fox Vote Complicates Comcast Bid", "Here's what the DOJ needs to happen to win its appeal against AT&T", "DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson", "Comcast unlikely to raise Fox bid; focused on Sky: Sources", "Comcast drops bid for 21st Century Fox, clearing way for Disney", "Comcast outbids 21st Century Fox for Sky", "Disney-Fox to sell Sky stake to Comcast", "Recommended mandatory superior cash offer for Sky: Compulsory acquisition of Sky shares", "Comcast looks to Sky deal as US cord cutting hits home", "Comcast to acquire startup Levl for an estimated $50 million", "Comcast Adds ESPNU and ESPN360.com to Line Up With Content On Television, On Demand and Online", "Comcast Buys DreamWorks Animation For $3.8 Billion In Race Against Disney", "Comcast buys DreamWorks Animation in $3.8 billion deal", "Comcast Buying DreamWorks Animation for About $3.55B", "Comcast to Buy DreamWorks Animation for $3.8 Billion", "Leading European pay TV operators by revenue 2018", "Phone Scandal Poses Defining Test for a Murdoch Son", "Sky and NBC team up for new global news channel under owner Comcast", "NBCUniversal Delays Launch of NBC Sky World News", "Cancellation of NBC Sky World News plan leaves 60 out of job", "Comcast Abandons Plan To Launch International News Channel NBC Sky World News", "NBC News unveils 'Signal,' its streaming network for cable-cutters", "Comcast Buys Ad-Supported Streaming Service Xumo", "Why Comcast agreed to buy Xumo, an ad-supported free streaming service", "Comcast Acquires Xumo Free-Streaming Video Service", "Comcast Launches XClass TV, Its First TV Sets in the U.S., Taking Streaming Platform Direct-to-Consumer", "Cable Giants Comcast and Charter Team Up on Streaming Devices", "Comcast and Charter team up in hopes of toppling Roku, Amazon streaming hardware", "Comcast, Charter Form Joint Venture to Launch Nationwide Streaming Platform", "Comcast, Charter Streaming Joint Venture Branded as 'Xumo'. 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. Comcast Business offers ethernet, internet, Wi-Fi, voice, television and managed enterprise services to organizations. Kenneth J. Bacon. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Mr. Bacon also serves as a director of Ally Financial Inc., Arbor Realty Trust, Inc. and Welltower Inc. and is a member of the National Multifamily Housing Council. This also means that a cable company can do well financially even though its customers are not particularly satisfied. Comcast owns and operates the Xfinity residential cable communications subsidiary, Comcast Business, a commercial services provider; Xfinity Mobile, an MVNO of Verizon; over-the-air national broadcast network channels (NBC, Telemundo, TeleXitos, and Cozi TV); multiple cable-only channels (including MSNBC, CNBC, USA Network, Syfy, Oxygen, Bravo, and E! [123] One effort to change this is a new app called Tech ETA that allows customers to see exactly when a technician is coming. 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. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [119] The address book is Comcast Plaxo software. 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). Congressmen as lobbyists. 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. [159] The U.S. Senate Judiciary Committee held a hearing on the deal on April 9, 2014. The information here is provided for your convenience only. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. To 7 % Economics and Management & ETNs with volume of at least minutes! On Jobs and Competitiveness as experience teams within Comcast: Product, support Leadership. Judiciary Committee held a hearing on the deal on April 9, 2014 are delayed at least 50,000 EDGAR... Consult your own tax advisor regarding the applicability of any state, local foreign... 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