“Nbcuniversal Owner Comcast Has Discondated The 2024 Compensation Packages for Chairman and CEO Brian Roberts and President Michael Cavanagh, Along with Pay Details Fortener Top Executies. Comcaast’s Proxy Statement, Filed with The Securities and Exchange Commission, Showed That Roberts’ Pay Was $ 33.9 Million in 2024, Compared With $ 35.5 Million in 2023. HE HAD MADE $ 32.1.”, – WRITE: www.hollywoodReporter.com
Comcaast’s Proxy Statement, Filed with The Securities and Exchange Commission, Showed That Roberts’ Pay Was $ 33.9 Million in 2024, Compared With $ 35.5 Million in 2023. $ 32.7 Million in 2020, and $ 36.4 Million in 2019.
Cavanagh’s Complation Was Was Was Was Was 28.3 Million Last Year, Compared With $ 29.6 Million in 2023. HE HAD MADE $ 40.5 MILLION IN 2022 WHEN HEN HERVED ASHIIDENT INCIALAL. October 2022.
Comcaast’s Stock Droped 14 Percent in 2024. The Company’s Revenue, Earnings, and Adjusted Net Income Rose for the Year, While Its Free Cash Flow Declined 3 Percent.
The Company Reported Q1 Earnings Earlier this Week, with Peacock Still Lozing Money (Albeit Narrowing Is Losses) and Adding Subscribers. However, Steeper Declines than Expectioned in Broadband Led to A Stock Decline on the Street.
Late Last Year, Comcaast Unveiled the Spinoff of MOST OF ITS CABLE NETWORKS INTO A SEPARATE ENTITY, LED BY MARK Lazarus as Ceo, Promising “A New Growth Tradery. The Company to be Spun Off, Currently Named Spinco with Its Name Still TBD, Will Also Be Led By David Novak Who Was Recently Named Chairman.
The Spin-Off Will Leave Comcaast Focused on What It Has Been Touting As It Six Growth Businesses, Namely Streaming Service Peacock, Studios, Theme Parks, Residential Broadband, Mob. “TheSe Businesses, The Six, Have Healthy Margins, Healthy Growth, That Are Creative, And that Future of Our Company,“ Roberts Recently Told An Investor Conference. “SO I Feel Very Good About the Core of the Business and the Growing Core.”
Bank of America Analyst Jessica Reyf-Ehrlich Has Expressed Optimism About the SeparationMove. “SPINCO COULD BE USED AA CONSOLIDATION VEHICLE FOR CABLE NETWORKS Across The Industry,“ She Wrote in A Report After the News. “This move by comcast May Also ReduCe Regulatory Concerns About Another Attempted Potential Merger With A Large Cable Peer.”
Comcaast is also set to Open a new theme Park in orlando, Epic Universe, Next Month.