Apr 2022 - Present11 months. 305-559-4000 - Phone . 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. In April 2016, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for $3.8 billion. Board Member. Read more on hollywoodreporter.com. "[30], Comcast has also earned a reputation as anti-union. [115][116] Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, Lenfest. Over a number of years, Comcast became majority owner of Comcast SportsNet, as well as Golf Channel and NBCSN (formerly the Outdoor Life Network, then Versus). [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. [67] Comcast's PAC, the Comcast Corporation and NBCUniversal Political Action Committee, is among the largest PACs in the U.S., raising about $3.7 million from 2011 to 2012 for the campaigns of various candidates for office in the United States Federal Government. [224][225] NBC subsequently allowed its free streaming service NBC News Now to be seen internationally, and is available globally on YouTube and on Sky TV and Virgin Media in the UK. 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. From January 2005 to July 2005, he served as the interim Executive Vice President of Housing and Community Development at Fannie Mae. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. [106] After Excite@Home went bankrupt in October 2001, Comcast took over providing internet directly to consumers in January 2002. All rights reserved. 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. [167] The move was seen by Variety as an attempt to appeal to the cord-cutting market.[167]. In 2009, it was included on CableFAX magazine's "Top 10 Places to Work in Cable", which cited its "scale, savvy and vision". It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. [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. 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. [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. [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]. [15][16] It has violated net neutrality practices in the past, and, despite its commitment to a narrow definition of net neutrality,[17] critics advocate a definition that precludes any distinction between Comcast's private network services and the rest of the Internet. [26] On January 3, 2005, it announced it would become the anchor tenant in the new Comcast Center in downtown Philadelphiaat 975ft (297m), the second-tallest skyscraper in Pennsylvania. 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. Contact the Board or Audit Committee. Moved to the UK in mid-2020, at that time running broadcasting for News Corp's British arm. According to the Global Leaders Forum Survey, the gender gap is highest in . Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. 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. 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. Andy Davis is a Director, Government Affairs at Comcast based in Philadelphia, Pennsylvania. [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. [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. 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. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. Source: FactSet. Director, Government Affairs at Comcast . 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. [80] Comcast's initial public offering occurred on June 29, 1972, with a market capitalization of U.S. Engage via Email. Philadelphia, Pennsylvania, United States. Kirsten Komoroske. Shareholder Services Kenneth J. Bacon Madeline S. Bell Edward D. Breen * Gerald L. Hassell Jeffrey A. Honickman Maritza G. Montiel Asuka Nakahara David C. Novak Brian L. Roberts *Lead Independent Director Stock Volume Change Last Trade Data Provided by Refinitiv. Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". Comcast was also ordered to disclose the full amounts customers will be charged for using their services on their advertisements. Date Posted: February 21, 2023 Salary: $16,337.00 - $19,858.00 Monthly Description: The Deputy General Counsel will perform varied professional legal work with emphasis on the County Employees Retirement Law of 1937 (CERL) and the California Public Employees' Pension Reform Act of 2013 (PEPRA); analyze Board of Retirement policies, regulations and guidelines to ensure compliance with . [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. Before it was renamed for Comcast's cable subsidiary, Xfinity Center was called Comcast Center from its opening in 2002 through July 2014. [89], In February 1990, Ralph Roberts' son, Brian L. Roberts, succeeded his father as president of Comcast. Our Board of Directors is focused on creating long-term value for Adobe stockholders. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. 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 Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Chairman, Raymond James Trust. [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. A brilliant interview with Shayne Mele and Inside Retail Australia discussing Frenchie's collaboration with iconic department store David Jones and why this is Operations and Supply Chain Executive: Jeff.Fleck@comcast.net<br>Senior Operations / Supply Chain Executive with proven record of building organizations and driving performance excellence to . Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),[note 1] headquartered in Philadelphia, is the largest American multinational telecommunications conglomerate. 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. "[29] A widely read article by an anonymous Comcast call center employee appeared in November 2014 on Cracked. [9] As the parent company of the international media company NBCUniversal since 2011,[10][11][12][13] Comcast is a producer of feature films for theatrical exhibition, and over-the-air and cable television programming. The sale covered the majority of 21CF's entertainment assets, including 20th Century Fox, FX Networks, and National Geographic Partners among others. Today, Comcast Corporation has approximately 186,000 employees worldwide and $121 billion in annual revenue. Board Member and President of the Sharon D. Lund Foundation. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Mr. 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. [190][191][192] On June 19, 2018, Disney formally agreed to acquire Sky News as part of Fox's proposed bid, with a 15-year commitment to increase its annual funding from 90 million to 100 million. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 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. 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. Board of Directors. [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. At such time as a director joins the Board, the Chief Executive Officer and other members of senior management will provide appropriate orientation for . hollywoodreporter.com - Georg Szalai 4h. On May 19, 2009, Disney and ESPN announced an agreement to allow Comcast Corporation to carry the channels ESPNU and ESPN3.[211]. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. Can it overcome past failures? Fox's offer is contingent on the divestiture of Sky News. Read Bio. This section contains our Board of Directors' biographies. 1701 JFK Blvd. The new service, described as being a "Wi-Fi and MVNO-integrated product", and was expected to launch in mid-2017. Comcast executive David Cohen has joined PNC's board of directors. [240][241] Comcast employs the spouses, sons and daughters of mayors, councilmen, commissioners, and other officials to assure its continued preferred market allocations. Compensation and Human Capital Committee. On February 5, 2018, a new report by CNBC claims that despite the Disney/Fox deal, Comcast was considering topping Disney's $52.4 billion offer once the AT&TTime Warner merger goes through, after the Department of Justice Antitrust Division sued to block the merger on November 20, 2017. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. Jonathan Levy has been appointed managing director and executive editor of Sky News U.K. Comcast-owned European TV giant Sky unveiled a new leadership . [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. In response, Comcast increased its bid to $34 billion, and $19.5 a share. Andy Davis's Phone Number and Email Last Update. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. Lift A Life Novak Family Foundation, Comcast Corp. Raymond James Bank. [115] In December 2005, Comcast announced the creation of Comcast Interactive Media, a new division focused on online media. [171] The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. 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 . On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney in favor of Sky. (see, Meg James "Los Angeles Times" February 12, 2013, Last edited on 27 February 2023, at 23:10, National Cable & Telecommunications Association, Attempted purchase of Time Warner Cable by Comcast, United States Department of Justice Antitrust Division, How to Train Your Dragon: The Hidden World, Acquisition of 21st Century Fox by Disney, Bloomberg profile on Comcast Holdings Corporation, "Comcast Corporation 2022 Annual Report (Form 10-K)", "Comcast, Form 8-K, Current Report, Filing Date Jan 31, 2011", "Comcast, Form 8-K, Current Report, Filing Date Feb 12, 2013", "Comcast, Form 8-K, Current Report, Filing Date Mar 19, 2013", "Comcast Completes Acquisition Of GE's 49% Stake In NBCUniversal", "Comcast Tops Q3 Earnings Forecast After $40 Billion Sky Deal", "Comcast Is Crowned Consumerist.Com's 2010 'Worst Company in America', J.D. [37] Employee diversity is also an attribute upon which Comcast receives strong marks. Below is a summary of our committee structure and membership information. Comcast planned to position the service as a compliment to its premium streaming service Peacock (as well as compete with ViacomCBS's Pluto TV and Fox Corporation's Tubi), and leverage its streaming technology, as well as its distribution partnerships with smart TV manufacturers. The Board has established a process for shareholders and other interested parties to communicate with its members. Ms. Henry is an independent director. [121], Comcast won the Consumerist Worst Company In America ("Golden Poo") award in 2010. [33], Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. 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. [131][132] Vivendi, which owns 20%, would have to sell its stake to GE. [210], Comcast delivers third-party television programming content to its own customers, and also produces its own first-party content both for subscribers and customers of other competing television services. Novak Family Foundation, Comcast took over providing internet directly to consumers in January 2002 revenue increased 12... Its NBCUniversal division would acquire DreamWorks Animation for $ 3.8 billion their advertisements internet directly to in! To $ 34 billion, and $ 121 billion in annual revenue attribute upon which Comcast receives strong.. Member and President of the Sharon D. Lund Foundation for using their services on their advertisements of University! Structure and membership information has also earned a reputation as anti-union an attempt to appeal the! Member and President of the University of Pennsylvania ], Comcast increased its bid to $ 34 billion and. 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