Latest in Brian Roberts

Shares of Comcast jumped Tuesday after activist investor Nelson Peltz’ firm Trian Partners said it’s acquired a stake in the media giant and considers it undervalued. The stock was up nearly 3% in a flat-to-down market late morning. Trian has acquired 20 million shares — or an 0.4% stake — in the NBCUniversal…

Comcast CEO Brian said Peacock signups have surged 50% in six weeks and the app is the second most popular on its OTT product Xfinity Flex behind Netflix, and number three on Xfinity X1 behind Netflix and YouTube. Peacock launched in April for Comcast customers and nationally in mid-July. In a wide-ranging…

Comcast CEO Brian Roberts on Monday said the company is committing $100 million to fight social injustice and inequality. In a memo to employees, he said the funds — made up of $75 million in cash and $25 million in media — will be part of a multiyear program. The announcement comes as media and entertainment…

Comcast chairman-CEO Brian Roberts said he's hopeful the dialogue around race and diversity spurred by the death of George Floyd "can lead to some real change that has been lacking over the years in this country" and that "Comcast can play a constructive role." Speaking at the annual meeting of shareholders, held…

Comcast chairman-CEO Brian Roberts took home a total compensation package worth $36.37 million last year, up slightly from $35.23 million in 2018, according to the company’s proxy filing with the SEC Friday. The package included a base salary of $3.29 million, stock and option awards worth about $10.7 million…

Comcast has promoted company veteran Jennifer Khoury to Chief Communications Officer, overseeing its external and internal corporate communications. She succeeds D'Arcy Rudnay, who is retiring at year’s end after a 16 years at Comcast. "Jenn is a fantastic leader and the perfect person to lead us into the future,"…

Comcast brass made the bold claim that it is better positioned to push ahead in streaming than any other in the world as it leverages its newly announced Peacock service with divisions across the board, and that's good news for linear TV too. Peacock's ability to tap resources from wireless, cable and broadcast…

Byron Allen, who has been locked in a legal dispute with Comcast that has reached all the way to the Supreme Court, didn’t mince words in his response to the company’s latest executive shuffle. David Cohen, who has steered Comcast’s diversity efforts and faced blame from Allen and others who say the company mistreated…

David Cohen, a key adviser to Comcast CEO Brian Roberts and a notable fundraiser for Democratic presidential hopeful Joe Biden, has announced his plan to step down from his operational role at the company. He will end his operational responsibilities as of January 1, 2020, transitioning from Senior EVP to Senior…

Less than a week before Comcast and Department of Justice lawyers will face off against Byron Allen in the Supreme Court in the Entertainment Studios boss' $20 billion discrimination lawsuit against the NBCUniverisal owner, a prominent member of Congress now wants the telecommunications giant brought down to…

Universal Beijing Resort has added Chinese e-commerce giant Alibaba as a strategic partner in order to create a next-generation theme park experience. The collaboration on the resort, which is due to open in 2021, will include the application of innovative technologies and the digitization of the entire operation…

Comcast is offering its internet-only customers free access to Xfinity Flex, its streaming-centric gateway to 10,000-plus movies and TV shows. The service used to cost $5 a month. The company said these customers will also get Peacock, the newly named streaming offering powered by NBCUniversal content launching next…