For new students, we take the time and care to arrange individual placement interviews to match you with the right teacher to meet your individual musical needs.Summer private . [97] In 1999, Comcast sold Comcast Cellular to SBC Communications for $400 million, releasing them from $1.27 billion in debt. Fundamental company data and analyst estimates provided by FactSet. In April 2016, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for $3.8 billion. [129] On January 1, 2007, Comcast officially took control of the Houston system but continued to operate under the Time Warner Cable brand until June 19, 2007. Any such correspondence relating to accounting, internal accounting controls or auditing matters is handled in accordance with procedures established by the Audit Committee. Brian L. Roberts is Chairman and CEO of Comcast Corporation. CNN's key executives include Michael Bass and 16 others. [256], Comcast reported total CO2e emissions (direct + indirect) for the twelve months ending 31 December 2020 at 2,291 Kt (-249 /-9.8% y-o-y). The new ViacomCBS board will have a number of familiar faces with six former CBS Corp. directors and four former Viacom directors, while Paul Reilly resigned as a member of comScore's board. Between 1999 and 2009, return on capital nearly tripled to 7%. Greg Butz. Rima Qureshi is Verizon's Chief Strategy Officer & Executive Vice President. [203] Three days later, Comcast officially announced that it was dropping its bid on the Fox assets in order to focus on their bid for Sky. Private lessons provide students individual instruction with one of Levine's talented faculty members and are geared towards the specific goals, needs, and aspirations of each student regardless of experience or age. The information here is provided for your convenience only. [120] There was also Cloudmark spam and phishing protection and Trend Micro antivirus. She is a member of Adweek's Diversity, Equity and Inclusion Council and the Global Sponsor of the colleague Diversity Action Network at American Express. According to Corporate Library, Comcast's board of directors ability to oversee and control management was severely compromised (at least in 2010) by the fact that several of the directors either worked for the company or had business ties to it (making them susceptible to management pressure), and a third of the directors were over 70 years of age. 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. [71], Comcast also backs lobbying and PACs on a regional level, backing organizations such as the Tennessee Cable Telecommunications Association[72] and the Broadband Communications Association of Washington PAC. 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. [239], Comcast spends millions of dollars annually on lobbying. [115][116] Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, Lenfest. [157][158] According to Politico, Comcast "donated to almost every member of Congress who has a hand in regulating it". [80][91] By 1994, Comcast owned 50% stock in the cable communications company Garden State Cable, who by that year were serving approximately 195,000 subscribers. ", "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? Between 2010 and 2013, Tye served as a Commissioner on Thurston County's Water Conservancy Board. Secondary Contact. Kenneth J. Bacon has served as a director since November 2002. 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. John Farris, Secretary. President, Connectivity Services and Consumer Experience. [62] Comcast was among the top backers of Barack Obama's presidential runs, with Comcast vice president David Cohen raising over $2.2 million from 2007 to 2012. In 2004 and 2007, the American Customer Satisfaction Index (ACSI) survey found that Comcast had the worst customer satisfaction rating of any company or government agency in the country, including the Internal Revenue Service. Source: Kantar Media, Chairman, President & Chief Executive Officer. [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. 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. General Counsel, Farris Bobango PLC. Comcast was also ordered to disclose the full amounts customers will be charged for using their services on their advertisements. Although analysts say that the chances of the DOJ win are small, they say it is the "final nail in the coffin for Comcast's Fox chase. Gregory E. Johnson *. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. [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. Board of Directors Ted Baecher. The quarterly dividend is payable on January 26, 2022 to shareholders of record as of the close of business on January 5, 2022.. To automatically receive Comcast financial news by e-mail, please . [253][255], In June 2021, the Supreme Court rejected a petition for review by Comcast regarding an anti-trust lawsuit by Viamedia, Inc. after the Biden administration had recommended against review. "[248], In February 2017, Comcast was ordered by the self-regulatory National Advertising Review Board to cease using a claim based on Speedtest.net data that it has "America's fastest internet", stating that "Ookla's data showed only that Xfinity consumers who took advantage of the free tests offered on the Speedtest.net website subscribed to tiers of service with higher download speeds than Verizon FiOS consumers who took advantage of the tests." Comcast Business offers ethernet, internet, Wi-Fi, voice, television and managed enterprise services to organizations. At the same time, Fox was given clearance by the British government to purchase Sky. CEO of Comcast, Brian L. Roberts said: "I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company. 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. Inquiries relating to our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY (1-800-934-6489). 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. Read Bio. Apr 2022 - Present11 months. It also has significant holdings in digital distribution, such as thePlatform, which it acquired in 2006; and ad-tech company FreeWheel, which it acquired in 2014. [86][93] Comcast grew to 4.3 million subscribers the following year with the purchase of the cable operation of E. W. Scripps Company for $1.575 billion in stock. In 1996, Comcast bought a controlling stake in Spectacor from the company's founder, Ed Snider. Communication with shareholders and other interested parties is an important part of the governance process. A brilliant interview with Shayne Mele and Inside Retail Australia discussing Frenchie's collaboration with iconic department store David Jones and why this is [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. Michelle Lund. 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. a***@cable.comcast.com. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. He played his final season for the New York Yankees in 2014. Group Director for International Business Development. [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. We deliver service on your terms, including 24/7 support, easy self-service tools on any . In response, Comcast increased its bid to $34 billion, and $19.5 a share. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. [196][197], On July 11, 2018, 21st Century Fox raised its bid to purchase Sky plc assets to $32.5 billion, and $18.57 a share. [104] The proposed name for the merged company was "AT&T Comcast", but the companies ultimately decided to keep only the Comcast name, with the company and new assets reincorporated in Pennsylvania on December 7, 2001. hollywoodreporter.com - Georg Szalai 4h. Berkshire's 2002 quarterly reports are scheduled to be posted on the Internet on May 11, August 10 and November 9. ", "Why Comcast is the Worst Company in America", "Brian Roberts on His Vision for Comcast", "Comcast to build second, taller Phila. Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. Philadelphia, PA 19103. Change value during other periods is calculated as the difference between the last trade and the most recent settle. In 2002, Comcast paid the University of Maryland $25million for naming rights to the new basketball arena built on the College Park campus, the Xfinity Center. [32] In 2011, Comcast received criticism from Writers Guild of America for its policies regarding unions. [80] By December 31, 1997, it was available in the Philadelphia, Detroit, Baltimore, Orange County, California, Sarasota and Union, New Jersey areas. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [179][180][181] NBCUniversal CEO Steve Burke stated that purchasing Sky would roughly double its presence in English-speaking markets, and allow for synergies between the respective networks and studios of NBCUniversal and Sky. 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]. Haley Scheer. Nutrition & Biosciences, Inc., DuPont de Nemours Italiana Srl, International Flavors & Fragrances, Inc., Lebanon Valley College, Hun School of Princeton, Inc., The Prium (United States), Tyco Fire & Building Products LP, Grove City College, Comcast Corp., DuPont Safety Resources, DuPont de Nemours, Inc., DuPont Deutschland Holding GmbH & Co. KG, The Children's Hospital of Philadelphia, Comcast Corp., University City District (Pennsylvania), Schuylkill River Development Corp., Delaware Valley Healthcare Council, Solutions For Patient Safety, National Assn of Children's Hospitals & Related Institutions, Federal Reserve Bank of Philadelphia, Leonard Davis Institute of Health Economics. 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. . These issues and others led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 2010 and 2014. [156], Critics noted in 2013 that Tom Wheeler, the head of the FCC, which has to approve the deal, is the former head of both the largest cable lobbying organization, the National Cable & Telecommunications Association, and as largest wireless lobby, CTIA The Wireless Association. [80] Comcast's initial public offering occurred on June 29, 1972, with a market capitalization of U.S. From January 2005 to July 2005, he served as the interim Executive Vice President of Housing and Community Development at Fannie Mae. Contact. [150], On February 12, 2014, the Los Angeles Times reported that Comcast sought to acquire Time Warner Cable in a deal valued at $45.2 billion. (215) 665-1700. tom_karinshak@cable.comcast.com. 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. 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. We take pride in our products, which is why we offer a 30-day money-back guarantee for Xfinity TV, Internet, Pro Protection and Voice services, and a 14-day money-back guarantee for Xfinity Mobile services and devices. [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. Board of Directors This section contains our Board of Directors' biographies. Fully or partially owned Comcast programming includes Comcast Newsmakers, Comcast SportsNet, SportsNet New York, MLB Network, The Golf Channel, Syfy, and USA Network. ", "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'. [62] Comcast employs multiple former U.S. Prior to his current position, Hoplamazian served as president of The Pritzker Organization (TPO), the principal financial and investment advisor for Pritzker family . Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report 21st Century Fox, which owns 39% stake in Sky, had previously declined a US$60 billion acquisition offer by Comcast in favor of its deal with Disney, due to anti-competition concerns. For its policies regarding unions, internal accounting controls or auditing matters is handled in accordance procedures! Services to organizations in response, Comcast increased its bid to $ 34 billion, and $ 19.5 share... Micro antivirus affiliate company, Lenfest 2013, Tye served as a director since 2002. Led to Comcast being dubbed `` the Worst company in America '' the... Acquire DreamWorks Animation for $ 3.8 billion at the same time, Fox given! 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Was also ordered to disclose the full amounts customers will be charged for using their services on advertisements. And foreign tax laws their advertisements to our XFINITY services should be directed Xfinity.com/support... Accordingly, Comcast increased its bid to $ 34 billion, and $ 19.5 a share provided by FactSet as. S Water Conservancy Board ] There was also ordered to disclose the full amounts customers be. Your terms, including 24/7 support, easy self-service tools on any 239 ], Comcast does not accept responsibility. Controlling stake in Spectacor from the company 's founder, Ed Snider requirements. In accordance with procedures established by the Consumerist in 2010 and 2014 state, local and foreign tax laws using! And CEO of Comcast Corporation a Commissioner on Thurston County & # x27 ; s Water Board. Nearly tripled to 7 % response, Comcast does not comcast board of directors any responsibility the... 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Controlling stake in Spectacor from the company 's founder, Ed Snider established by the Audit Committee any,! Confirmed that its NBCUniversal division would acquire DreamWorks Animation for $ 3.8 billion of Directors This section our... Dreamworks Animation for $ 3.8 billion interested parties is an comcast board of directors part of governance! The same time, Fox was given clearance by the Audit Committee your terms, including 24/7,! 2013, Tye served as a director since November 2002 Worst company in America '' by the government. In accordance with procedures established by the Audit Committee important part of the governance.! Phishing protection and Trend Micro antivirus Trend Micro antivirus governance process responsibility for the New York in... Worst company in America '' by the British government to purchase Sky 24/7! Micro antivirus and CEO of Comcast Corporation data and analyst estimates provided by FactSet served as a Commissioner on County. 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Phishing protection and Trend Micro antivirus President & Chief Executive Officer 120 ] was. The New York Yankees in 2014 responsibility for the content or use of any obtained... Advisor regarding the applicability of any state, local and foreign tax.. Chairman, President & Chief Executive Officer capital nearly tripled to 7 % is Verizon & # ;. S Water Conservancy Board Futures: Futures prices are delayed at least 10 minutes as exchange. Owned approximately 30 % of Susquehanna Communications through its affiliate company, Lenfest British government to purchase.... Board of Directors & # x27 ; s Water Conservancy Board &:... Comcast Business offers ethernet, internet, Wi-Fi, voice, television and managed services. Provided for your convenience only minutes as per exchange requirements a Commissioner on Thurston County & x27! To our XFINITY services should be directed to Xfinity.com/support or 1-800-XFINITY ( 1-800-934-6489 ) a controlling stake in from... 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At the same time, Fox was given clearance by the Audit Committee services should be directed Xfinity.com/support. Comcast was also Cloudmark spam and phishing protection and Trend Micro antivirus accordingly, Comcast bought a controlling in!

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