Search results
Results From The WOW.Com Content Network
Brian L. Roberts. Comcast is described as a family business. [19] Brian L. Roberts, its chairman and CEO, is the son of founder Ralph J. Roberts (1920–2015). 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". [20]
The logo for Comcast, in use since January 11, 2024. Alternate logo of Comcast used to promote their ownership of NBCUniversal. Here is a list of assets owned by American global telecommunications conglomerate Comcast.
In 2001, Comcast acquired AT&T Broadband for $72 billion. [13] The deal allowed Comcast to become the largest cable operator in the world. [14] In 2002, Roberts became the company's CEO; he subsequently became chairman of the board in 2004. [15] [16] In 2011, Comcast acquired NBCUniversal, expanding the company's portfolio in the media space. [17]
The company announced a plan Wednesday that will offload the bulk of NBCUniversal’s financially challenged cable portfolio — excluding Bravo — into a new entity owned by Comcast shareholders.
Comcast is set to spin off a new publicly traded company, owned by its existing shareholders. Into the spinco goes every cable network Comcast owns except for Bravo. That means networks like CNBC ...
Comcast Cable Communications, LLC, doing business as Xfinity, is an American telecommunications business segment and division of the Comcast Corporation. It is used to market consumer cable television , internet , telephone , and wireless services provided by the company.
The company has been beefing up Peacock in recent years. Comcast said last month that Peacock's paid-subscriber count jumped nearly 30% to 36 million year over year.
Comcast was, at the time, the largest cable television provider in the United States. It also owned a number of major cable networks, including E!, Golf Channel, and Versus. In 2004, Comcast attempted a hostile takeover of The Walt Disney Company for $41 billion, which would have made Comcast the world's largest media conglomerate, if approved.