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TV One: 50% joint venture with Radio One, which acquired Comcast's stake in 2015; The Weather Company – with private equity firms Bain Capital and The Blackstone Group: Originally a parent company of The Weather Channel. In January 2016, it was acquired by IBM.
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]
Xfinity and its parent company, Comcast, were sued in August 2016 in King County Superior Court by the State of Washington (AG Ferguson, Washington's Attorney General) for 100 million dollars [128] over claims that Comcast violated the state's Consumer Protection Act 445,000 times over its Service Protection Plan [129] by over charging for call ...
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 planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan.
On November 16, 2017, NBCUniversal's parent company Comcast made a bid to acquire 21st Century Fox's filmed entertainment, cable entertainment, and international assets, ten days after The Walt Disney Company (at the time, owners of rival network ABC, cable sports channel ESPN and theme parks Disneyland and Walt Disney World) was reported to be ...
Brian L. Roberts (born June 28, 1959) is an American entrepreneur, business executive and billionaire.He is the chairman and CEO of Comcast, a multinational telecommunications and media company providing entertainment and communications products and services, founded by his late father, Ralph J. Roberts.
NBCUniversal, Sky's sister company, has been a wholly owned subsidiary of Comcast since 2013. Before the acquisition by Comcast, Sky was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index and had a market capitalisation of approximately £18.75 billion (€26.76 billion) as of 2018.