Comcast CEO Brian Roberts saw his total compensation rise to $35 million in 2018, from $32.5 million in 2017. Steve Burke, head of NBCUniversal, saw his pay package drop to just shy of $40 million, from $45.5 million in 2017. The figures were released as part of the company’s proxy statement, which also dated the…

Comcast CEO Brian Roberts said the company is “exploring” the launch of a global news channel co-branded with NBC and Sky by the end of 2019. "We look at this as a way to grow our company and power our company for decades to come," Burke said during a conference call with analysts to discuss the company’s first-quarter…

Comcast’s management team laid out some strategic thoughts on streaming, while declining to offer any specifics about their forthcoming streaming launch, during a conference call with Wall Street analysts to discuss first-quarter results. “Video over the internet is more friend than foe,” CEO Brian Roberts said in…

Comcast CEO Brian Roberts said the forthcoming launch of NBCUniversal’s ad-supported streaming service will not prompt the kind of pullback from third-party licensing that has been signaled by Disney and, to a lesser extent, WarnerMedia. The executive made the comments during an appearance at Morgan Stanley’s…

UPDATED with Disney comment, stock prices. After months of dueling with Disney for ownership of the majority of 21st Century Fox, Comcast has pulled out of the battle, ceding the prize and ending one of the highest-stakes duels in media history. "Comcast does not intend to pursue further the acquisition of the…

UPDATED with statement from Fox: Sending the ball back across the net, Comcast said it was upping its offer for European pay-TV giant Sky, just hours after 21st Century Fox boosted its own bid. Comcast put forward its new proposal at an implied value of $34 billion, or £26 billion at £14.75 per share. “Comcast has…

Comcast took its fight directly to 21st Century Fox shareholders, urging them to reject the Disney merger agreement in favor of its more lucrative offer. The U.S. cable giant laid out its case in a 43-page proxy solicitation that is unambiguous in its position that Comcast’s $35 all-cash proposal is a better deal for F…

Comcast today submitted a competing bid for 21st Century Fox, initiating what could well result in a high-stakes bidding war with its biggest media rival, The Walt Disney Co. The U.S. cable giant made an all-cash offer of $65 billion to acquire much of Fox’s film and television assets, its international holdings and…

Comcast confirmed today it’s not taking “no” for an answer in its pursuit of 21st Century Fox’s film and television assets. The U.S. cable giant said plans are in an “advanced stage” for it to make a richer, all-cash offer for the constellation of media assets that Fox agreed to sell to Disney last December in an…

It’s on. Comcast this morning confirmed its plan to make a rich counter-offer for the 21st Century Fox assets that Disney has proposed to acquire. The move sets in motion what could be one of the all-time merger battles in media. Comcast chief Brian Roberts is set to clash with Disney’s Bob Iger for control of the…

UPDATED at 7:30AM PT with analysis and executive comment. The Comcast machinery kept pumping out profit in the fourth quarter, with total revenue up 4% to $21.9B and NBCUniversal showing gains in both the cable and broadcast TV. Total revenue gained 4.2% to $21.9B. Adjusted earnings before interest, taxes…

Citing “the passage of tax reform and the FCC’s action on broadband” (aka the Dec. 14 vote to repeal net neutrality), Comcast chief Brian Roberts announced $1,000 bonuses would go to more than 100,000 front-line and non-executive employees. Roberts also announced that the Company expects to spend “well in excess” of…