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Steve Burke

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BUSINESS
June 3, 1998 | By Leslie J. Nicholson, INQUIRER STAFF WRITER
In what some describe as a coup, Philadelphia's Comcast Corp. has snagged a rising star at ABC and Walt Disney Corp. to head its cable-television division. Steve Burke, president of ABC Broadcasting, was named president of Comcast Cable Communications Inc. effective immediately, the company announced yesterday. He replaces Thomas G. Baxter, who resigned in January. The 40-year-old Burke had been responsible for 10 ABC-owned television stations as well as the ABC Radio Group, which consists of 27 radio stations and eight radio networks, and Buena Vista Television, the company's domestic syndication arm. Disney owns ABC. Burke is a 12-year Disney veteran who helped found The Disney Stores and also headed Euro Disney S.A. "He's really a terrific guy," said David Londoner, managing director of Wertheim Schroder & Co., a New York investment firm.
NEWS
March 10, 2014 | By Bob Fernandez, Inquirer Staff Writer
ORLANDO - Comcast Corp., hungry for revenue and profit growth beyond its core telecommunications business, is investing hundreds of millions of dollars into theme parks in California and Florida and doing what few other U.S. companies have the financial muscle to do - challenge Walt Disney Co.'s tourism business. Here in America's sunny theme park capital, it's ground zero. Comcast acquired Universal Orlando Resorts as part of its deal for NBCUniversal in 2011, just as Universal was reaping huge attendance gains from the Harry Potter and the Forbidden Journey ride.
BUSINESS
June 10, 2013 | By Bob Fernandez, Inquirer Staff Writer
The global director of food service operations and events at NBCUniversal, Jason Giagrande, was asked several years ago to do something - anything! - with the commissary in iconic Rockefeller Center, which had been the butt of late-night TV jokes by Johnny Carson in the 1960s and a windowless, graceless dining experience for generations of NBC employees. But no matter what Giagrande did, NBC staffers still grabbed their meals and hurried to their desks to eat, as if scurrying from a darkened New York alley.
NEWS
September 26, 2010 | By Bob Fernandez, INQUIRER STAFF WRITER
Steve Burke, like his father before him, is going to run a TV network. Burke, the No. 2 executive at Comcast Corp., was named on Sunday to run NBC Universal Inc. when the cable giant acquires 51 percent of the entertainment and news giant, which could be later this year. Philadelphia-based Comcast announced Burke's position as chief executive officer of NBCU two days after Jeff Zucker, the current head of NBCU, told employees on Friday morning in an e-mail he would leave when the Comcast/NBCU deal closes.
BUSINESS
September 12, 2013 | By Bob Fernandez, Inquirer Staff Writer
Jeff Shell, a former Comcast Corp. programming executive in Philadelphia, will head the Universal film studio as Steve Burke and Comcast Corp. tighten their grip on Hollywood. Shell is the latest top executive installed by Burke, the CEO of NBCUniversal and a confidant of Comcast chief executive Brian Roberts. Shell headed entertainment programming at Comcast before the cable giant acquired NBCUniversal. He trotted the globe developing deals for NBCUniversal over the last two years, a position many inside Comcast viewed as tailored to give him exposure and retain him for a more glamorous job. He had been based in London.
BUSINESS
April 21, 2011 | By Bob Fernandez, Inquirer Staff Writer
A Comcast Corp. regional sports network will assume sports coverage for an NBC TV station in northern California, the first case of the cable company's sports content replacing a traditional sports report at an NBC broadcast affiliate. NBCUniversal will examine whether similar synergies exist in other markets where it owns a local TV station and a regional sports network, including Philadelphia, where the company owns NBC10. Comcast, the nation's largest cable company, acquired 51 percent control of NBCUniversal in January.
BUSINESS
October 6, 2013 | By Bob Fernandez, Inquirer Staff Writer
The head of the Comcast Corp.-owned Telemundo network, Emilio Romano, is leaving the company in the latest shuffle of NBCUniversal executives. Telemundo is a distant second in the fast-growing Spanish-language TV market, with a goal of closing the gap with top-watched Univision. NBCUniversal's Hispanic Enterprise and Content Group, which includes Telemundo, is now run by former Univision executive Joseph Uva. He reports to Steve Burke, the chief executive officer at NBCUniversal.
BUSINESS
May 22, 2011
"We will pay back the loans. " - Greek Prime Minister George Papandreou, dismissing the possibility of delaying his country's debt repayments. "I don't want to be the kind of CEO who's picking thread colors on jeans pockets, but the team needs me right now. " - Urban Outfitters Inc. chief executive officer Glen T. Senk, taking blame for disappointing quarterly results and promising a hands-on approach. "The Federal Reserve has unilaterally taken it upon itself to levitate asset prices.
BUSINESS
July 8, 1999 | By Patricia Horn, INQUIRER STAFF WRITER
Comcast Corp. is consolidating more of its operations at its 1500 Market Street headquarters, including moving its online operations and its customer-service division from Bala Cynwyd and creating a national training center. The training center will be called Comcast University. Comcast is also moving staff it has in other offices in the city to 1500 Market Street. "We have people in disparate places, and I think it is important for everyone to be in the same place," said Steve Burke, who joined Comcast a year ago from Walt Disney Co. to head its cable division.
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NEWS
March 10, 2014 | By Bob Fernandez, Inquirer Staff Writer
ORLANDO - Comcast Corp., hungry for revenue and profit growth beyond its core telecommunications business, is investing hundreds of millions of dollars into theme parks in California and Florida and doing what few other U.S. companies have the financial muscle to do - challenge Walt Disney Co.'s tourism business. Here in America's sunny theme park capital, it's ground zero. Comcast acquired Universal Orlando Resorts as part of its deal for NBCUniversal in 2011, just as Universal was reaping huge attendance gains from the Harry Potter and the Forbidden Journey ride.
BUSINESS
November 1, 2013 | By Bob Fernandez, Inquirer Staff Writer
Comcast Corp., the cable-TV and media giant, reported Wednesday that third-quarter revenue fell 2.4 percent because of an unfavorable comparison with the previous year, when its top line was boosted by a $1.2 billion blast of TV and Internet advertising associated with the London Olympic Games. Third-quarter profits also took an 18 percent hit because of a separate unfavorable comparison. A year ago, those profits were inflated with the cash proceeds of the sale of wireless spectrum to Verizon Wireless and Comcast's sale of its stake in A&E Television Networks L.L.C.
BUSINESS
October 6, 2013 | By Bob Fernandez, Inquirer Staff Writer
The head of the Comcast Corp.-owned Telemundo network, Emilio Romano, is leaving the company in the latest shuffle of NBCUniversal executives. Telemundo is a distant second in the fast-growing Spanish-language TV market, with a goal of closing the gap with top-watched Univision. NBCUniversal's Hispanic Enterprise and Content Group, which includes Telemundo, is now run by former Univision executive Joseph Uva. He reports to Steve Burke, the chief executive officer at NBCUniversal.
BUSINESS
September 12, 2013 | By Bob Fernandez, Inquirer Staff Writer
Jeff Shell, a former Comcast Corp. programming executive in Philadelphia, will head the Universal film studio as Steve Burke and Comcast Corp. tighten their grip on Hollywood. Shell is the latest top executive installed by Burke, the CEO of NBCUniversal and a confidant of Comcast chief executive Brian Roberts. Shell headed entertainment programming at Comcast before the cable giant acquired NBCUniversal. He trotted the globe developing deals for NBCUniversal over the last two years, a position many inside Comcast viewed as tailored to give him exposure and retain him for a more glamorous job. He had been based in London.
BUSINESS
August 19, 2013 | By Bob Fernandez, Inquirer Staff Writer
A new era in the mega-billions cable-TV sports business launched Saturday. Fox Sports kicked off the 24-hour Fox Sports 1, and NBCUniversal televised for the first time Premier League soccer matches. NBC has said it would cover every Premier League game - 380 of them. In two years, Comcast Corp.-owned NBC Sports Network will add to its programming late-season NASCAR races, some of the most-watched sporting events on television, after a stunning 10-year deal in July. Comcast took TV rights for those races from ESPN and Turner Broadcasting System Inc. The reported $4.4 billion for NASCAR is the same that Comcast paid to televise the Olympics through 2020 on the NBC broadcast-TV network and the NBCUniversal cable channels.
BUSINESS
June 10, 2013 | By Bob Fernandez, Inquirer Staff Writer
The global director of food service operations and events at NBCUniversal, Jason Giagrande, was asked several years ago to do something - anything! - with the commissary in iconic Rockefeller Center, which had been the butt of late-night TV jokes by Johnny Carson in the 1960s and a windowless, graceless dining experience for generations of NBC employees. But no matter what Giagrande did, NBC staffers still grabbed their meals and hurried to their desks to eat, as if scurrying from a darkened New York alley.
NEWS
June 7, 2011 | By Bob Fernandez, Inquirer Staff Writer
LAUSANNE, Switzerland - On the eve of their effort to win the television rights for the Olympic Games beginning in 2014, Comcast Corp. chairman and CEO Brian L. Roberts and his top officers made final preparations Monday, and did it behind closed doors at the handsome Hotel Beau Rivage Palace. The executives of the Philadelphia cable giant are camped out on the shores of Lake Geneva in this world-class resort by virtue of their purchase of NBCUniversal Inc. in January. How Comcast handles the bidding Tuesday - an aggressive offer to ensure that NBC retains rights it has held since 1988, or a more prudent bid that reflects no stomach for losing $220 million, as the network did when it broadcast the 2010 Winter Games from Vancouver, Canada - is likely to be as interesting as the outcome itself.
BUSINESS
June 5, 2011 | By Bob Fernandez, Inquirer Staff Writer
It's a small French-speaking town on the sun-licked shores of Lake Geneva where visitors are drawn to the leisurely pursuits of bike riding, wine tasting, and architecture gazing. But this week, the nation's top U.S. media executives, among them Brian Roberts of Comcast Corp., will travel to Lausanne, Switzerland, not in pursuit of these timeless pleasures, but in the hunt for one of the biggest prizes in sports entertainment. The International Olympic Committee will hold its auction for the U.S. TV rights to the 2014 and 2016 Olympic Games at its headquarters in Lausanne on Monday and Tuesday, and the winner will walk away with Olympic bragging rights and the potential ratings bonanza that comes with the airing of hundreds of hours of eyes-glued-to-the-TV sports footage.
BUSINESS
May 22, 2011
"We will pay back the loans. " - Greek Prime Minister George Papandreou, dismissing the possibility of delaying his country's debt repayments. "I don't want to be the kind of CEO who's picking thread colors on jeans pockets, but the team needs me right now. " - Urban Outfitters Inc. chief executive officer Glen T. Senk, taking blame for disappointing quarterly results and promising a hands-on approach. "The Federal Reserve has unilaterally taken it upon itself to levitate asset prices.
BUSINESS
May 20, 2011 | By Bob Fernandez, Inquirer Staff Writer
Legendary TV executive Dick Ebersol is leaving as head of NBC Sports only weeks before the broadcast network, now controlled by Comcast Corp., is expected to bid for the next round of Winter and Summer Olympics - coverage that over the years brought Ebersol extraordinary acclaim. Ebersol, who also cocreated Saturday Night Live , made the announcement Thursday. Negotiations for the rights to the 2014 Winter Olympics in Sochi, Russia, and the 2016 Summer Olympics in Rio de Janeiro will take place early in June in Switzerland.
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