July 29, 2016 |
Comcast Corp.'s second-quarter revenues rose a slim 2.8 percent and the company reported a modest drop in profits as its slate of Hollywood movies - rocket-fueled in 2015 by the release of Furious 7 and Jurassic World - failed to repeat that success. Otherwise the cable and entertainment conglomerate had a solid quarter as its cable-TV business continued to heal - video subscriber losses were a negligible 4,000 compared with 69,000 in the year-ago quarter - and NBC broadcast-TV revenue rose 17 percent on more licensing and retransmission fees.
April 29, 2016 |
Flyers general manager Ron Hextall wants to retain Steve Mason and Michal Neuvirth, but he hasn't closed the door on trading one of the goalies if the right deal comes along. "I don't believe that's a strength that you want to weaken," Hextall said Wednesday at the team's Voorhees practice facility. "The old saying, 'Wayne Gretzky got traded, right, so?' I'm not going to sit here and say, 'No, I wouldn't trade anybody on our team,' because the reality of it is, if the deal was right it's my job to strengthen our team and the organization.
April 13, 2016 |
As his own father, Ralph Roberts, aged into his 80s and 90s, Comcast Corp. chief executive Brian Roberts said, he found that he and Flyers owner Ed Snider regularly grabbed lunch around town - the Capital Grille on Chestnut, Table 31 in the Comcast Center, and, more recently, the Union League on Broad. They'd talk sports, media, and life. Roberts, who heads the city's largest publicly traded company, said he trusted Snider as a mentor. "I came to realize his genius," Roberts said.
June 22, 2015 |
A visionary, hard-driving salesman, Ralph Roberts turned an obscure subscriber television station in Tupelo, Miss., into a communications empire, with dominant cable, Internet, and entertainment services. Although a global leader, Comcast has stayed true to its Philadelphia roots, becoming the largest company headquartered in the city. With its own office tower in Center City and a second one on the way, Comcast has almost 140,000 employees and more than $68 billion in revenue. Roberts, who died Thursday at 95, built the communications giant on the foresight to acquire cable television companies around the nation.
May 2, 2015 |
Lawrence S. Smith, 67, of Worcester Township and Jupiter, Fla., an executive who helped build Comcast Corp. from a small regional company into an industry leader in cable television, died Tuesday, April 28, at the Hospital of the University of Pennsylvania of complications from aplastic anemia. "Larry was unique and a role model for everyone on how to enjoy all that life offers," said Brian Roberts, the company's chairman and CEO. "His time on Earth seems way too short, and we are so saddened today.
October 25, 2014 |
Third-quarter revenue at Comcast Corp. rose 4 percent, to $16.8 billion, and net income soared 50 percent, to $2.6 billion, as the company added 315,000 high-speed Internet customers and shed 81,000 TV customers, the cable giant reported Thursday. When adjusted for a tax gain and $77 million in expenses associated with the proposed acquisition of Time Warner Cable Inc., net income rose 10.6 percent, the company said. Shares of Comcast, in addition to those of acquisition target Time Warner Cable, jumped in morning trading on a broad surge on Wall Street.
May 23, 2014 |
Comcast Corp. held an uneventful shareholders meeting Wednesday, during which chief executive Brian Roberts reiterated his sentiment that he was "extremely excited" about a proposed merger with Time Warner Cable Inc., and unionized Comcast technicians pressured the company to improve its treatment of them. The Chicago union, one of the few recognized by Comcast, is negotiating a new contract. Roberts said the meeting was not the venue for bargaining. After the meeting at the Kimmel Center, about 50 antimerger protesters on the sidewalk chanted "Comcast has the tower and the people have the power," calling it a peoples' vote on the merger.
February 14, 2014 |
Comcast Corp. and Time Warner Cable Inc. formally announced Thursday that the two cable giants would merge in an all-stock transaction valued at $45.2 billion. Comcast will control the combined entity in a deal that values Time Warner shares at $158.82 a share. Comcast chief executive Brian Roberts said on Thursday morning in a conference call with analysts that a merger with Comcast and Time Warner Cable will create a "near national platform" for its cable-TV and broadband businesses with exposure in 43 of the nations top 50 TV markets.
August 19, 2013 |
It's no surprise to find that Comcast Corp.'s Brian Roberts was the top-paid chief executive last year on the Philly 50 list of the region's most valuable publicly traded companies. Comcast, the nation's biggest cable TV firm and the most valuable company here, with a market value of $114 billion, paid Roberts $25 million. The total included $11.8 million in cash, $9.6 million in stock-based pay, and $3.7 million in other compensation, according to data from Equilar, a compensation-data firm.
July 12, 2013 |
WHILE WEI-YIN CHEN languished on the disabled list for 2 months, despondent about his hiatus from the big leagues, the Baltimore Orioles struggled to fill out an inconsistent rotation. Chen made his long-awaited return last night, and after he threw seven innings of three-hit ball in a 6-1 win over the visiting Texas Rangers, it was hard to determine who felt the happiest: the Taiwanese lefthander, the other 24 players in the clubhouse or manager Buck Showalter. "Winning the ballgame is real huge to me," Chen said through an interpreter.