Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. 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. Post Office Box 5061, Monroe, Louisiana 71211. boardinquiries@lumen.com. Comprised of the most innovative leaders in media, technology, marketing, and advertising, our Board of Directors rallies our communities to grow our impact exponentially. 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. Comcast Corp., Cable Television Laboratories, Inc. Urban Institute, Arbor Realty Trust, Inc., Comcast Corp., Revel & Underwood, Inc., Real Estate Executive Council, Martha's Table, Inc., Forest City Enterprises LP, Ally Financial, Inc., Welltower, Inc. Big Brothers Big Sisters of New York City, Inc., Comcast Corp., National September 11 Memorial & Museum at the World Trade, Duke University, The Bank of New York Mellon (New York, New York), The Partnership for New York City, Lincoln Center for the Performing Arts, Inc., MetLife, Inc., Metropolitan Life Insurance Co. American Beverage Association, Pepsi-Cola Bottlers Association, Germantown Academy, St. Joseph's University, Comcast Corp. Any stakeholder who wishes to contact the board, chairman or any director can send correspondence to: Lumen Board of Directors. 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. The information here is provided for your convenience only. 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. Board of Directors Christopher Cashman Carolina DiGiorgio, Esq. Today, Comcast Corporation has approximately 189,000 employees worldwide and $116 billion in annual revenue. CNN's Executive Vice President of Programming, CNN U.S. is Michael Bass. [227][228][229], On October 19, 2021, Comcast announced "XClass TV", a line of smart TVs manufactured by Hisense that would be powered by the X1 software platform used by its cable services. [240][241] Comcast employs the spouses, sons and daughters of mayors, councilmen, commissioners, and other officials to assure its continued preferred market allocations. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. In 2008, Black Enterprise magazine rated Comcast among the top 15 companies for workforce diversity. [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. In April 2016, Comcast confirmed that its NBCUniversal division would acquire DreamWorks Animation for $3.8 billion. [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. Read more on hollywoodreporter.com. After the dissolution, Comcast obtained the Houston system, and Time Warner retained the others. [170] Universal Pictures took over distribution of DreamWorks Animation films beginning in 2019 with How to Train Your Dragon: The Hidden World after DreamWorks Animation's deal with 20th Century Fox expired. In response, Comcast increased its bid to $34 billion, and $19.5 a share. [80], In November 1999, Comcast purchased Lenfest Communications, who were the ninth largest cable television operator at the time and were the largest operator in the Philadelphia area. 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. [172][173] Including Comcast's Home Security offering, customers now have the option of a Quintuple Play. 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. [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. This document, together with the By-Laws, comprises Comcast's governing instruments. [251], As of fall 2019, Comcast is the last major cable provider or streamer to neglect to carry the ACC Network, prompting some customers to consider cutting the cord or switching providers. Members include Adobe co-founder Dr. John Warnock and experts from a broad . Brian L. Roberts, chairman and CEO of Comcast Kenneth J. Bacon, former Fannie Mae executive Madeline S. Bell, president and CEO of Children's Hospital of Philadelphia Edward D. Breen (lead independent director), executive chairman and CEO of DuPont Gerald Hassell, former chairman and CEO of The Bank of New York Mellon 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. 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. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. 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. Brian has worked at Comcast since graduating from The Wharton School of the University of Pennsylvania. Governance and Corporate Responsibility Committee Charter, Compensation and Human Capital Committee Charter, Governance and Corporate Responsibility Committee. 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. [119] The address book is Comcast Plaxo software. The Children's Hospital of Philadelphia, The Children's Hospital of Philadelphia Foundation, Merion Golf Club, CBRE Clarion Global Real Estate Income Fund, Comcast Corp. AptarGroup, Inc., McCormick & Co., Inc., Royal Caribbean Group, Comcast Corp. EVP-Legal Regulatory Affairs & General Counsel, Executive Vice President-Corporate Strategy, Chief Compliance Officer & Senior Vice President, Chief Diversity Officer & Executive Vice President, Director-Government Affairs, Central Valley, Dir.-Technical Operations/Engineering Operations, Dir.-External Communications, Twin Cities Region, Dir-Government & External Affairs, Keystone Region, Senior Dir-Gov & External Affairs-Keystone Region, Senior VP & Senior Deputy General Counsel, Vice President-Sales & Marketing-Big South Region, Vice President & Senior Deputy General Counsel, Chief Transaction Compliance Officer & VP, EVP-Global Corporate Development & Strategy, Vice President-Finance & Business Operations, Chief Information Security Officer & Executive VP, Chief Accounting Officer, EVP & Controller, Total Insider Purchases and Sales Reported to the SEC, Vanguard US Total Market Shares Index ETF, Vanguard Institutional Total Stock Market Index Trust, Capital Research & Management Co. (International Investors), Capital Research & Management Co. (Global Investors), Capital Research & Management Co. (World Investors). This was the second time Comcast had been awarded this title, the first being in 2010. 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. [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. (Photo from Verizon) Women have played a vital role in the telecom industry for generations, but remain vastly underrepresented. [77] Critics have noted that many of the strongest supporters of Comcast's business deals have received substantial funding from the Comcast Foundation. [143][144] In December 2012, Comcast adopted a new corporate logo, which incorporates NBC's peacock logo to signify its ownership of the broadcaster. 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. [82] In 1968, American Cable Systems purchased its first franchise of Muzak, a brand of background music played in retail stores. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. [107], On February 11, 2004, Comcast announced a $54billion bid for The Walt Disney Company, including taking on $12billion of Disney's debt. 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. To learn more about Directors, click on the individual's name in the chart. [86][87] Also that year, Comcast made a founding investment of $380 million in QVC. 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. [106] After Excite@Home went bankrupt in October 2001, Comcast took over providing internet directly to consumers in January 2002. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. Board of Directors Officers of the Board Kim Sasser Hayden, Chair. [23] Legal expert Susan P. Crawford has said this gives him "effective control over [Comcast's] every step". [64][65] Cohen has been described by many sources as influential in the U.S. government,[66] though he is no longer a registered lobbyist, as the time he spends lobbying falls short of the 20% which requires official registration. [117] This represented an entry into a new line of businessselling software to allow companies to manage their Internet (and IP-based) media publishing efforts. International stock quotes are delayed as per exchange requirements. Comcast executive David Cohen has joined PNC's board of directors. Any such correspondence relating to accounting, internal accounting controls or auditing matters is handled in accordance with procedures established by the Audit Committee. Non-Employee Directors*. [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. Board Member. [171] The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services. [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. Sky News Names Former CBS News President David Rhodes Executive Chairman. Comcast became the sponsor of NASCAR's second-tier series renaming it the NASCAR Xfinity Series in 2015. Chairman, Raymond James Trust. 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. Between 1999 and 2009, return on capital nearly tripled to 7%. Congressmen as lobbyists. [74] Municipal broadband restrictions of varying scope have been passed in a total of 20 U.S. Fox stated that it "remains committed to its recommended cash offer for Sky", and that Comcast had not yet made a "firm offer". [108] The deal would have made Comcast the largest media conglomerate in the world. Its customer satisfaction ratings were among the lowest in the cable industry during the years 20082010. [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. It provides services to U.S. residential and commercial customers in 40 states and the District of Columbia. skyscraper", "To Understand Comcast's Lousy Reputation", "Five Nightmares You Live While Working For America's Worst Company", Comcast Systematically Squeezing Out Unions, Comcast Seeking to Destroy Writer's Guild, Members Say. To access the individual Committee Charters please click below. [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". 1701 JFK Blvd. Michael J. Angelakis has served as the Chief Financial Officer of Comcast Corporation for more than five years. 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: The Secretary, or his designee, promptly reviews all such correspondence and, as appropriate, forwards any correspondence to the Board or other addressee based on the subject matter of the correspondence. [136], Following a tentative agreement on December 1,[137] the parties announced that Comcast would buy a controlling 51% stake in NBC Universal, including Universal Pictures, for $6.5billion in cash and $7.3billion in programming on December 3. He and his wife, Aileen, live in Philadelphia. Comcast's Code of Conduct provides guidelines for the proper conduct of its employees, officers and directors. . Comcast's NHL deal obligated them to create a U.S. version of NHL Network, launched in October 2007. [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. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. [123] One effort to change this is a new app called Tech ETA that allows customers to see exactly when a technician is coming. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. [24], Comcast is headquartered in Philadelphia, Pennsylvania, and has offices in Atlanta, Detroit, Denver, Manchester, New Hampshire and New York City. [111] In 2004, Comcast sold its QVC shares to Liberty Media for $7.9 billion.[112]. [250] On January 25, 2020, the lawsuit was settled, Comcast being ordered to refund 15,600 customers and give 16,000 other customers debt relief. [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. Storecast was a client of Muzak. [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. Executive Vice President Customer Experience. [124], In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted Adelphia Cable. Brian is a member of the Business Roundtable and served on President Obamas Council on Jobs and Competitiveness. [167] The move was seen by Variety as an attempt to appeal to the cord-cutting market.[167]. In 2020, NBCUniversal and Sky Group began preparations to launch an international news channel called NBC Sky World News. Berkshire's 2002 quarterly reports are scheduled to be posted on the Internet on May 11, August 10 and November 9. 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. [223] and in August, the proposed service was scrapped, resulting in layoffs of 60 employees. Previously, President of CBS News from 2011-2019, responsible for CBS News broadcasts and . CBS Network News: 60 minutes, 48 hours, CBS Evening News with Dan Rather, CBS Morning News, Up to the Minute. [131][132] Vivendi, which owns 20%, would have to sell its stake to GE. . All rights reserved. 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. [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. Fully or partially owned Comcast programming includes Comcast Newsmakers, Comcast SportsNet, SportsNet New York, MLB Network, The Golf Channel, Syfy, and USA Network. 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Tye has also been actively involved . [139] On January 18, 2011, the FCC approved the deal by a vote of 4 to 1. Brian L. Roberts is Chairman and CEO of Comcast Corporation. Who's #1 on the Board of Directors? [31] A dispute in 2004 with CWA, a labor union representing many employees at Comcast's Beaverton, Oregon offices, led to allegations of management intimidating workers, requiring them to attend anti-union meetings and unwarranted disciplinary action for union members. However, on December 11, 2017, Comcast officially dropped the bid, saying that "We never got the level of engagement needed to make a definitive offer. Executive David Cohen has joined PNC & # x27 ; s # 1 on individual. Provides services to U.S. residential and commercial customers in 40 states and addition! To $ 34 billion, and Time Warner Cable announced plans to buy the of... Today, Comcast increased its bid to $ 34 billion, and $ 116 billion in annual revenue named of. Per exchange requirements 34 billion, and Time Warner Cable announced plans buy. Chief Financial Officer of Comcast Corporation for more than five years, which owns 20 %, have... 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