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NBCU Chief Jeff Shell Says Comcast Open To “Bolt-On” Deals, Cites DreamWorks Animation Acquisition, Blumhouse Venture
NBCUniversal CEO Jeff Shell said the company is always eyeing possible deals to bolster its business, citing the $3.8 billion acquisition of DreamWorks Animation in 2016 and Universal's partnership with Blumhouse Productions.
Shell jumped in Thursday after Comcast president Mike Cavanagh noted new…
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1 Comments Comment on NBCU Chief Jeff Shell Says Comcast Open To “Bolt-On” Deals, Cites DreamWorks Animation Acquisition, Blumhouse Venture
NBCUniversal Is Becoming “Fairly Indifferent” As To Whether Programming Goes On Streaming Or Linear TV, CEO Jeff Shell Says; Theme Park Success “Defies Logic A Little Bit”
At 15 million paid subscribers, Peacock isn’t on the same level as other streaming services, but NBCUniversal CEO Jeff Shell says that’s no accident.
“Our long-term aspiration for Peacock is to balance out our overall media business,” Shell said during NBCU parent Comcast’s third-quarter earnings…
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By Dade Hayes
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Comcast Promotes Mike Cavanagh To President, Will Remain CFO
NBCUniversal parent Comcast has promoted CFO Mike Cavanagh to president, working closely with chairman-CEO Brian Roberts to manage the business and teams across the sprawling company.
He'll only be the third executive to hold that title in the company's 59-year history, Comcast noted, and will also…
As Hulu Haggle Continues, Comcast CEO Brian Roberts Takes “Great Exception” To Disney Chief Bob Chapek’s View That Streaming Valuations Have Cooled
With a bit more than a year left before Disney can buy out Comcast’s financial stake in Hulu, Comcast CEO Brian Roberts pushed back on Disney CEO Bob Chapek’s suggestion that Hulu’s value has declined amid public market skepticism about streaming.
“I would take great exception to” that assessment (which Chapek…
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By Dade Hayes
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Comcast CEO Brian Roberts’ 2021 Pay Package At $34M; NBCU Chief Jeff Shell Earns $21M
Total compensation last year for Comcast chief executive Brian Roberts was $33.9 million, up 3.8% from $32.7 million the year before.
It included a salary of $3.2 million, stock awards of $13.5 million, option awards of $8.5 million, non-equity incentive plan compensation (cash bonus) of $8.6 million and other items…
Comcast CEO Brian Roberts Answers The Question On Wall Street’s Mind: Is Streaming Actually A Good Business?
Confronted with a question increasingly on investors’ minds — namely, is streaming a real business? — Comcast CEO Brian Roberts made the case that for his company it is.
“You got to be able to make money and you’ve got to have a roadmap to get there. And we believe we can do that,” the exec said during a keynote…
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By Dade Hayes
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Universal Orlando Posts Best Ever Quarter In Theme Park Revival; “We’re Going As Fast As We Can” On Epic Universe Says Comcast CEO Brian Roberts
NBCUniversal theme parks posted their most profitable fourth quarter ever today, led by Universal Studio Orlando, where Epic Universe is rising.
Universal Studio Hollywood and Japan are close behind and Universal Beijing Resort, which opened last September, will post a modest profit in 2022. "It's impossible not be…
Comcast CEO Brian Roberts On Windows, Parks & ViacomCBS SkyShowtime Deal: “We’re Looking At Other Partnerships Like That Around The World”
Comcast CEO Brian Roberts was in confident form during the Goldman Sachs Communacopia Conference on Wednesday.
When discussing the media giant’s big picture outlook, Roberts told Goldman managing director John Waldron: “We had a terrific second quarter. I wouldn’t want to trade places with too many people, if…
Comcast CEO Brian Roberts – “We Don’t Need M&A”
Comcast CEO Brian Roberts and NBC Universal chief Jeff Shell attempted once again to throw cold water on deal rumors and speculation that the entertainment business doesn’t have the scale to compete.
“We don’t need M&A,” Roberts said categorically on a call to discuss strong quarterly results driven by broadband and…
Peacock Reaches 54M Signups, 20M Monthly Active Accounts; Launch On Sky In UK & Europe Confirmed
Peacock, NBCUniversal’s year-old streaming service, has reached 54 million signups and 20 million monthly active accounts as of this week, according to an update from Comcast.
Speaking to investors during Comcast’s second-quarter conference call with investors, CEO Brian Roberts said the service’s results were 50%…
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By Dade Hayes
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Comcast, ViacomCBS, Lionsgate! M&A Speculation Swirls As Earnings Hit: Will Wall Street’s Streaming Obsession Ease As Legacy Businesses Revive?
ViacomCBS Chair Shari Redstone was doing the rounds at Sun Valley but contrary to reports, she did not have a meeting with Comcast CEO Brian Roberts at the Allen & Co. mogul mountain retreat, according to a person familiar with the situation. But the Philly-based conglom has been the subject of constant deal…
Comcast CEO Brian Roberts On Warner Bros. Discovery – “What AT&T Does Sort Of Speaks For Itself”
One by one titans of media are delicately weighing in on deals last month that will reshape the landscape with Comcast CEO Brian Roberts saying AT&T's move to unload WarnerMedia "speaks for itself."
"I look at our company and I don't think there's a similarity. I think for us, we are very pleased with our talent, our…
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