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Archive for “Comcast” news

Tea Party Activists Protest Outside Comcast Shareholders Meeting

 
 
At eight o'clock this morning, a dozen Tea Party activists began unfurling handwritten signs and “Don't Tread on Me” Gadsden flags outside the front entrance of the Kimmel Center. They had been shepherded there by the influential conservative group FreedomWorks to protest Comcast, which was holding its annual shareholders meeting inside. The sparse crowd didn't quite number 60,000—the number of Philadelphia-area members it beckoned to Broad Street--and wasn't the usual band of Comcast opponents either. Last year's shareholders meeting was disrupted by 50 or so Occupy-aligned activists. That said, Comcast's right-wing antagonists have more in common with the drum circle crowd than they might realize.

NBC Cancels Penn Grad Whitney Cummings’s Show

When he reviewed Penn Grad Whitney Cummings's new show Whitney in 2011, Rich Rys was nonplussed, but hopeful that it would survive. After two seasons, NBC/Comcast/Kabletown has confirmed his worst fears, and has canceled the show. In this town at least, I think that qualifies as cannibalization.
 
 
I get what they're trying to do here, but oof, some scenes like this one were just hard to watch.
 
http://www.youtube.com/watch?v=B-aLtqqjzHw
 
 
[HuffPo]

Comcast Getting Reimbursed for Shortened Hockey Season, And You Aren’t

The Flyers were pretty miserable this year, so maybe it's not such a big deal that a lockout truncated almost half the season. That said, it would have been nice to get back the cash you paid to (not) watch the team on TV. After all, the cable providers did.
 
Television distributors are being financially compensated for missed NHL games in this season shortened by labor problems, but hockey fans and other pay-TV subscribers won't see any of it. Neither the NHL nor TV distributors disclosed the financials in what the parties are describing as rebates, citing confidentiality agreements.
 
Comcast claims this

Goliath Squashes David: Comcast Ruling Kills Class-Action Lawsuits

 
 
On the morning of March 27th, the corporations finally won their war on the people. A little after 10 a.m., before hearing oral arguments on a same-sex marriage lawsuit that burned up all the media oxygen that day, Justice Antonin Scalia announced that the Supreme Court was throwing out an anti-trust class action lawsuit brought against Comcast by two million cable subscribers. It was the other shoe dropping in a pair of decisions that will have a profoundly debilitating effect on the the average citizen’s capacity to seek judicial remedies for the destructive and/or discriminatory actions of giant corporations.

Anti-MSNBC Organizers Hope for 60,000 Protesters at Comcast Shareholders Meeting

Via Fox News, the Hollywood Reporter lets us know that a tea party group is trying to mobilize 60,000 protesters to rally against MSNBC's liberal programming at next week's meeting of Comcast shareholders on May 15.
 
This week, 60,000 invitations were emailed to tea partyers in and around Philadelphia and word went out to about 4 million more nationwide that their services are needed beginning at 8 a.m. EST at the Kimmel Center for the Performing Arts Perelman Theater in Philadelphia, where Comcast’s meeting is set.
 
 
“The news programs at NBC and MSNBC, run by Comcast CEO Brian Roberts, reflect total agreement

The New York Times Thinks Brian Roberts Is Overpaid

The New York Times's David Carr has trained his gimlet-eye on the compensation of megawatt media company CEOs, including Comcast's Brian Roberts, who earned over $25 million in 2012. His point? Relative to the overall influence of their firms, media moguls are way overpaid.
 
Consider: the top 20 companies in the United States ranked by market capitalization include no media companies. But according to figures assembled for The New York Times...media companies employ seven of the top 20 highest paid chief executives.
 
Why the excessive compensation? In part because media companies like CBS and Discovery have "weak boards" and "super aggressives" CEOs

Comcast Is Growing Richer and More Powerful Than You Can Possibly Imagine

Hey, President Obama can make all the jokes about NBC that he likes. The truth is that even with the Peacock Network's putrid schedule generally stinking up the place, there's no move the network's owner, Philadelphia-based Comcast, can make that doesn't ultimately seem successful. International Business Times previews Comcast's earnings report, due Wednesday:
 
Analysts polled by Thomson Reuters expect the Philadelphia-based company to report net income of $1.63 billion, or 62 cents a share, up from $1.2 billion, or 45 cents per share, a year earlier. Revenue is expected to rise 3.6 percent to $15.4 billion. Comcast will report results before the

Why is Mayor Nutter Auctioning Off Chunks of the City in Secret Meetings?

Over at the Comcast Center right now, Mayor Nutter is dressing the city up real nice and showing her off. Because Philadelphia, officially the brokest of the country's five biggest cities, is bringing in big-name institutional investors for a two-day conference to try to entice them to purchase municipal bonds and city-owned assets. More specifically, all I can tell you is that Mayor Nutter is speaking right about now, and there's a cocktail party at 5:30 p.m. Tomorrow, investors will go check out PHL and Gas Works, among other things. Press aren't allowed, Comcast VP David Cohen said, because that

Public To Be Consulted, Disregarded On Comcast’s Pact With City

It's that time of decade again: City Hall is now starting the process of deciding whether Comcast will continue to hold the cable TV franchise in Philadelphia when the company's current agreement expires in 2015, and it wants the public's input on whether and how that agreement should continue. Some pertinent facts:
 
 
• Yes, Comcast was just named the third-worst company in America during a braketed vote-off at the Consumerist website. However, to make the pro-Comcast argument, consider this:
 
 
• Look at the Philly skyline.
 
 
• Really look at it.
 
 
• See that big building?
 
 
• No, that one.
 
 
• The TALLEST one.
 
 
• Guess who built

What Comcast Paid Brian Roberts and Steve Burke Last Year

The numbers are in: Here's what Philadelphia's most beloved corporate overlords made last year.
 
     
  • Brian Roberts, Comcast CEO: $29 million, up 8% from 2011
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  • Steve Burke, NBCUniversal/Kabletown CEO: $26.3 million, up 11.3%
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  • David L. "Consigliere" Cohen, Executive VP: $15.9 million, up 5%
  •  
 
The LA Times notes that Comcast's compensation packages aren't quite as hefty as other media competitors', including Walt Disney and CBS. Not only that, but these guys don't even get paid sick leave! [LA Times]