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Brian Roberts

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Comcast Split Won’t Spark a Buyout Blitz, Roberts Says
business19 days ago

Comcast Split Won’t Spark a Buyout Blitz, Roberts Says

Comcast CEO Brian Roberts said on an investor call that the planned split of NBCUniversal and Sky from Comcast’s technology business is designed to maximize value and fuel each unit’s growth, not spur a wave of mergers and acquisitions. The two entities will focus separately on entertainment content (NBCUniversal-Sky) and distribution (pay-TV, broadband, wireless). The company cited Sky’s pending ITV deal and Peacock’s path to profitability as context for why the separation should unlock opportunities rather than trigger dealmaking.

sports3 years ago

NFL Network's Carriage Dispute with Comcast Causes Outage on Xfinity Cable.

NFL Network has returned to Xfinity cable for customers after less than 24 hours of being off the air due to an expired programming agreement. The matter was resolved after a discussion between NFL Commissioner Roger Goodell and Comcast CEO Brian Roberts. No formal announcement was made, but Xfinity's customer support Twitter account confirmed the renewal of the agreement.

The Dark Side of Media: Sex Scandals, Power Struggles, and Controversial Exits.
business3 years ago

The Dark Side of Media: Sex Scandals, Power Struggles, and Controversial Exits.

NBCUniversal CEO Jeff Shell was fired after a nearly decade-long extramarital affair with CNBC anchor Hadley Gamble, who accused him of sexual harassment. The investigation corroborated the complaint, and Shell was fired "with cause," leaving a town that has become desensitized to C-suite sex scandals bamboozled. The timing coincided with Gamble's contract situation, and she recently learned that her contract would not be renewed when it expired this summer. Comcast CEO Brian Roberts delivered the news to Shell, and his staff will now report to Roberts acolyte Michael Cavanagh.