The new service, described as being a "Wi-Fi and MVNO-integrated product", and was expected to launch in mid-2017. In 2020, NBCUniversal and Sky Group began preparations to launch an international news channel called NBC Sky World News. Board of Directors Officers of the Board Kim Sasser Hayden, Chair. [80] In February 1998, Comcast sold its U.K. division to NTL for US$600 million, along with the division's $397 million in debt. 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 [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. C: Chairperson M: Member * Independent Lead Director Non-independent Directors. 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. ", "Comcast to buy DreamWorks Animation for 2.6bn", "Comcast in Discussions to Buy DreamWorks Animation, WSJ Reports", "Comcast Completes $3.8 Billion Purchase of DreamWorks Animation", Comcast confirms plans to launch mobile phone service in 2017, "Comcast confirms plans to launch mobile phone service in 2017", "Comcast Is Launching a Wireless Service Next Year", "RPT-Comcast builds out "smart home" strategy as cable shrinks", "Comcast plunges again into cell phone service. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. General Counsel, Farris Bobango PLC. [22] Brian L. Roberts, its chairman, president and CEO, is the son of founder Ralph J. Roberts (19202015). CBS Network News: 60 minutes, 48 hours, CBS Evening News with Dan Rather, CBS Morning News, Up to the Minute. [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. We deliver service on your terms, including 24/7 support, easy self-service tools on any . Comcast's content networks and assets also include E!, Oxygen, Golf Channel, NBCSN, Universal Kids, Bravo, and the regional NBC Sports Networks. 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 . Based in London for Sky (skygroup.sky), Europe's leading direct-to-consumer media and entertainment company, a division of Comcast-NBCUniversal. Brian is the recipient of the Humanitarian Award from the Simon Wiesenthal Center and the Pennsylvania Societys Gold Medal for Distinguished Achievement Award. [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]. . We have indicated that . The Atlantic Council has an enormous board of directors that includes retired public servants like George W. Bush national security adviser Stephen Hadley and Gen. David Petraeus; lobbyists. [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. [131][132] Vivendi, which owns 20%, would have to sell its stake to GE. 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 . [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. [163] Several states' attorneys general have announced support for the federal investigation. [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). 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. [citation needed], Comcast's cable acquisitions in 1997 were Jones Intercable, Inc. with 1 million customers, and a stake in Prime Communications with 430,000 subscribers. Board Member. Governance and Corporate Responsibility Committee. 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. Comcast's NHL deal obligated them to create a U.S. version of NHL Network, launched in October 2007. With $18.8 million spent in 2013, Comcast has the seventh largest lobbying budget of any individual company or organization in the United States. His extensive background in global business spans the technology industry across a variety of markets, including telecommunications, data networking, security, defense and life sciences. He made his Major League Baseball (MLB) debut with the Baltimore Orioles in 2001 and played for the team until 2013. [242][243][244], Comcast was given an "F" for its corporate governance practices in 2010, by Corporate Library, an independent shareholder-research organization. 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's shares traded at over $47 per share, and its market capitalization was valued at over US$213.4 billion in February 2022. . Director, Government Affairs at Comcast . Joseph Moran By Patty Tascarella - Senior Reporter, Pittsburgh Business Times Oct 2, 2020 PNC Financial Services Group. Governance and Corporate Responsibility Committee Charter, Compensation and Human Capital Committee Charter, Governance and Corporate Responsibility Committee. [162] In March 2014, the division's chairman, William Baer, recused himself because he was involved in the prior Comcast NBCUniversal acquisition. 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. Alyssa H. Henry joined Intel Corporation's board of directors in January 2020. Brian has won numerous business and industry honors for his leadership. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. 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 . An All-American in squash, Brian competed six times in the Maccabiah Games in Israel. [115][116] Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, Lenfest. 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. This also means that a cable company can do well financially even though its customers are not particularly satisfied. [92] That same year, Comcast became the third-largest cable operator in the United States, with around 3.5 million subscribers following its purchase of Maclean-Hunter's American division for $1.27 billion. 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. One Comcast Center 1701 John F. Kennedy Boulevard Philadelphia Pennsylvania 19103 United States. Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. Employee Directors. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Comcast Cable. These issues and others led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 2010 and 2014. In April 2016, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for $3.8 billion. Group Director for International Business Development. This section contains our Board of Directors' biographies. The Board has established a process for shareholders and other interested parties to communicate with its members. With their theme park in California being closed since March 2020 and limited capacity at locations in Florida and Japan, the company was prompted to lay off a number of their employees; revenue for their theme park locations fell 81 percent to $311 million from $1.63 billion in 2019. BOARD OF DIRECTORS OFFICERS ROBERT BALGENORTH, Chairman CATHERINE REHEIS-BOYD, Vice-Chairman KATELYN ROEDNER SUTTER, Vice-Chairman JAY HANSEN, President & CEO CURT AUGUSTINE, Secretary LAURA LEWIS, Treasurer DIRECTORS Aera Energy LLC: SARA O'NEILL BOUTON, Vice President, Government and Regulatory Affairs Directors Timothy Adams Mindyjane Berman Iris Boci Gary Bridges David Deets Dee Dukes Gordon Fink Trenya Garner Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Media outlets began reporting in late September 2009 that Comcast was in talks to buy NBC Universal. The service operates as a business within the Comcast Cable division. Secondary Contact. 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. Fox stated that it "remains committed to its recommended cash offer for Sky", and that Comcast had not yet made a "firm offer". Email. [81] In 1965, American Cable Systems purchased Storecast Corporation of America, a product placement supermarket specialist marketing firm. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. (215) 665-1700. tom_karinshak@cable.comcast.com. [153] Time Warner Cable and Comcast aimed to merge into one company by the end of 2014 and both have praised the deal, emphasizing the increased capabilities of a combined telecommunications network, and to "create operating efficiencies and economies of scale". Board Member and President of the Sharon D. Lund Foundation. You should consult your own tax advisor regarding the applicability of any state, local and foreign tax laws. Chairman, Raymond James Trust. 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. Shareholders and other interested parties may address correspondence to the Board, Lead Independent Director, any other particular director, any committee of the Board or any other group of directors, in care of Thomas J. Reid, Secretary, Comcast Corporation, at the following mailing or e-mail addresses: Contact the Comcast Board by Mail On July 16, 2018, CNBC reported that Comcast was unlikely to continue its bidding war to acquire Fox from Disney in favor of Sky. [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. [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. On April 3, 2007, Comcast announced it would acquire the cable systems owned and operated by Patriot Media, a privately held company owned by cable veteran Steven J. Simmons, Spectrum Equity Investors and Spire Capital, that served approximately 81,000 video subscribers for $483million. Comcast believes that its business prospers most in an environment that is ethically sound. 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. [119], In May 2008, Comcast purchased Plaxo for a reported $150 million to $170 million. [80] By December 31, 1997, it was available in the Philadelphia, Detroit, Baltimore, Orange County, California, Sarasota and Union, New Jersey areas. [164] On April 24, 2015, Jonathan Sallet, general counsel of the F.C.C., explained that he was going to recommend a hearing before an administrative law judge, equivalent to a collapse of the deal. [172][173] Including Comcast's Home Security offering, customers now have the option of a Quintuple Play. 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. Data may be intentionally delayed pursuant to supplier requirements. Michelle Lund. Barfield brings to the Board legal knowledge and experience, having practiced corporate and securities law at Sidley Austin LLP. [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. Comcast included a 10-year commitment to the operations and funding of Sky News similar to that of Disney's offer. Director, State Government Affairs Charter Communications. 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. At such time as a director joins the Board, the Chief Executive Officer and other members of senior management will provide appropriate orientation for . Brian Roberts Move Chairman Emeritus Ralph Roberts Move Director Kenneth Bacon Move Director Madeline Bell Move Director Naomi Bergman Move Director Edward Breen Move Director Gerald Hassell Move Director Jeffrey Honickman Move Director Maritza Montiel Move Director Asuka Nakahara Move Director David Novak Move CFO Jason Armstrong Move Audit L. [95] Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers. On April 8, 2005, a partnership led by Comcast and Sony Pictures Entertainment finalized a deal to acquire MGM and its affiliate studio, United Artists, and created an additional outlet to carry MGM/UA's material for cable and Internet distribution. Lift A Life Novak Family Foundation, Comcast Corp. [63] The National Cable & Telecommunications Association, which has multiple Comcast executives on its board, also represents Comcast and other cable companies as the fifth largest lobbying organization in the United States, spending $19.8 million in 2013. [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. Source: Kantar Media, Chairman, President & Chief Executive Officer. 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.
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