Columbia Pictures Industries, Inc. is an American film studio, production company and film distributor, a member of the Sony Pictures Motion Picture Group, a division of Sony Entertainment's Sony Pictures subsidiary of the Japanese multinational conglomerate Sony Corporation. What would become Columbia Pictures, CBC Film Sales Corporation, was founded on June 19, 1918 by Harry Cohn, his brother Jack Cohn, Joe Brandt, it went public two years later. In its early years, it was a minor player in Hollywood, but began to grow in the late 1920s, spurred by a successful association with director Frank Capra. With Capra and others, Columbia became one of the primary homes of the screwball comedy. In the 1930s, Columbia's major contract stars were Cary Grant. In the 1940s, Rita Hayworth became the studio's premier star and propelled their fortunes into the late 1950s. Rosalind Russell, Glenn Ford, William Holden became major stars at the studio, it is one of the leading film studios in the world and is a member of the "Big Five" major American film studios.
It was one of the so-called "Little Three" among the eight major film studios of Hollywood's Golden Age. Today, it has become the world's fifth largest major film studio; the studio was founded on June 19, 1918 as Cohn-Brandt-Cohn Film Sales by brothers Jack and Harry Cohn and Jack's best friend Joe Brandt, released its first feature film in August 1922. Brandt was president of CBC Film Sales, handling sales and distribution from New York along with Jack Cohn, while Harry Cohn ran production in Hollywood; the studio's early productions were low-budget short subjects: "Screen Snapshots", the "Hall Room Boys", the Chaplin imitator Billy West. The start-up CBC leased space in a Poverty Row studio on Hollywood's famously low-rent Gower Street. Among Hollywood's elite, the studio's small-time reputation led some to joke that "CBC" stood for "Corned Beef and Cabbage". Brandt tired of dealing with the Cohn brothers, in 1932 sold his one-third stake to Harry Cohn, who took over as president. In an effort to improve its image, the Cohn brothers renamed the company Columbia Pictures Corporation on January 10, 1924.
Cohn remained head of production as well. He would run one of the longest tenures of any studio chief. In an industry rife with nepotism, Columbia was notorious for having a number of Harry and Jack's relatives in high positions. Humorist Robert Benchley called it the Pine Tree Studio, "because it has so many Cohns". Columbia's product line consisted of moderately budgeted features and short subjects including comedies, sports films, various serials, cartoons. Columbia moved into the production of higher-budget fare joining the second tier of Hollywood studios along with United Artists and Universal. Like United Artists and Universal, Columbia was a horizontally integrated company, it controlled distribution. Helping Columbia's climb was the arrival of Frank Capra. Between 1927 and 1939, Capra pushed Cohn for better material and bigger budgets. A string of hits he directed in the early and mid 1930s solidified Columbia's status as a major studio. In particular, It Happened; until Columbia's existence had depended on theater owners willing to take its films, since as mentioned above it didn't have a theater network of its own.
Other Capra-directed hits followed, including the original version of Lost Horizon, with Ronald Colman, Mr. Smith Goes to Washington, which made James Stewart a major star. In 1933, Columbia hired Robert Kalloch to be women's costume designer, he was the first contract costume designer hired by the studio, he established the studio's wardrobe department. Kalloch's employment, in turn, convinced leading actresses that Columbia Pictures intended to invest in their careers. In 1938, the addition of B. B. Kahane as Vice President would produce Charles Vidor's Those High Gray Walls, The Lady in Question, the first joint film of Rita Hayworth and Glenn Ford. Kahane would become the President of Academy of Motion Picture Arts and Sciences in 1959, until his death a year later. Columbia could not afford to keep a huge roster of contract stars, so Cohn borrowed them from other studios. At Metro-Goldwyn-Mayer, the industry's most prestigious studio, Columbia was nicknamed "Siberia", as Louis B. Mayer would use the loan out to Columbia as a way to punish his less-obedient signings.
In the 1930s, Columbia signed Jean Arthur to a long-term contract, after The Whole Town's Talking, Arthur became a major comedy star. Ann Sothern's career was launched when Columbia signed her to a contract in 1936. Cary Grant signed a contract in 1937 and soon after it was altered to a non-exclusive contract shared with RKO. Many theaters relied on westerns to attract big weekend audiences, Columbia always recognized this market, its first cowboy star was Buck Jones, who signed with Columbia in 1930 for a fraction of his former big-studio salary. Over the next two decades Columbia released scores of outdoor adventures with Jones, Tim McCoy, Ken Maynard, Jack Luden, Bob Allen, Russell Hayden, Tex Ritter, Ken Curtis, Gene Autry. Columbia's most popular cowboy was Charles Starrett, who signed with Columbia in 193
Sony Pictures Classics
Sony Pictures Classics is an American film production and distribution company, a division of Sony Pictures. It was founded in 1992 by former Orion Classics heads Michael Barker, Tom Bernard, Marcie Bloom, it distributes and acquires specialty films such as documentaries and art films in the United States and internationally. As of 2015, Barker and Bernard are co-presidents of the division. Sony Pictures Classics was founded in 1992, by Michael Barker, Tom Bernard, Marcie Bloom, set up as an autonomous division of Sony Pictures; the model of the company is to produce, acquire and/or distribute independent films from the United States and internationally. Sony Pictures Classics has a history of making reasonable investments for small films, getting a decent return, it has a history of not overspending. Its largest commercial success of the 2010s is Woody Allen's Midnight in Paris, which grossed over $56 million in the U. S. becoming Allen's highest-grossing film in the United States. Sony Pictures Classics agrees to release films for all other film studio divisions of Sony.
The following films have been announced by Sony Pictures Classics, but have "to be determined" release dates. Where's My Roy Cohn? John Prine: Hello in There Mongrel Media, the exclusive theatrical Canadian distributor for Sony Pictures Classics films Official website Sony Pictures Classics on IMDb
Sony Pictures Entertainment Inc. is an American entertainment company that produces and distributes filmed entertainment through multiple platforms. Through an intermediate holding company called Sony Film Holding Inc. it is operated as a subsidiary of Sony Entertainment Inc., itself a subsidiary of Sony Corporation of America, a wholly owned subsidiary and the US headquarters of the Tokyo-based multinational technology and media conglomerate Sony Corporation. Based in Culver City, California, it encompasses Sony's motion picture, television production and distribution units, its group sales in the fiscal year 2017 has been reported to be $9.133 billion. SPE is the Motion Picture Association of America. Sony Pictures' film franchises include The Karate Kid, Spider-Man, Stuart Little, Men in Black, Robert Langdon, The Smurfs, Hotel Transylvania, Cloudy with a Chance of Meatballs, many more. On September 1, 1987, The Coca-Cola Company announced plans to spin off its assets of Columbia Pictures, which it had owned since 1982.
Under this arrangement, Coca-Cola would sell its entertainment assets to TriStar Pictures, of which it owned 39.6%. Tri-Star would be renamed to Columbia Pictures Entertainment, Inc. with Coca-Cola owning 49%, its shareholders owning 31%, Tri-Star's shareholders owning 20%. A new company was formed in early 1988 with the Tri-Star name to take over the studio's operations. On September 28, 1989, Sony obtained an option to purchase all of The Coca-Cola Company's stock in CPE for $27 per share; the next day, Sony announced that it reached an agreement with Guber-Peters Entertainment Company, Inc. to acquire CPE for $200 million when Sony hired Peter Guber and Jon Peters to be its co-chairmen. This was all led by Norio Ohga, the president and CEO of Sony during that time; the hiring of Guber and Peters by Sony to run Columbia was conflicted by a previous contract the producers had signed at Warner Bros. Time Warner's chairman, Steve Ross, threatened Sony with a lawsuit for breach of contract; the lawsuit would be subsequently dropped when Sony sold half-interest in Columbia House and cable distribution rights to Columbia's feature films, TV movies, miniseries to Warner Bros.
That same agreement saw Columbia sell its 35% interest in the Burbank Studios and acquired Lorimar Studios the MGM lot, from Warner Bros. On October 31, 1989, Sony completed a friendly takeover bid for the rest of shares of CPE, a public company listed on the New York Stock Exchange, acquired 99.3% of the common stock of the company. On November 8, 1989, Sony completed the acquisition by a "short-form" merger of its wholly owned subsidiary Sony Columbia Acquisition Corporation into CPE under Delaware law. Sony completed a tender offer for shares of common stock of the Guber-Peters Entertainment Company on November 6, 1989 and acquired the company 3 days later; the acquisition cost Sony $4.9 billion and was backed by five major Japanese banks Mitsui, Fuji and Industrial Bank of Japan. The company was renamed Sony Pictures Entertainment on August 7, 1991. Sony has since created numerous other film production and distribution units, such as creating Sony Pictures Classics for art-house fare, by forming Columbia TriStar Pictures by merging Columbia Pictures and TriStar Pictures in 1998, revitalizing Columbia's former television division Screen Gems.
It expanded its operations on April 8, 2005, when a Sony-led consortium acquired the legendary Hollywood studio Metro-Goldwyn-Mayer, in a US$4.8 billion leveraged buyout, through the holding company MGM Holdings Inc. This in effect re-united the MGM studio name, with the MGM main studio lot, although somewhat confusingly, the bulk of the pre-1986 original MGM library ended up at Warner Bros. via the Ted Turner-Kirk Kerkovian "Turner Entertainment Company" transactions. The post-1986 MGM library consists of acquisitions of various third-party libraries, such as the Orion Pictures catalogue, leading to the MGM version of "Robocop". On June 4, 2008, SPE's wholly owned group 2JS Productions B. V. acquired Dutch production company 2waytraffic N. V. famous for Who Wants to Be a Millionaire?, acquired from the original production company Celador, You Are What You Eat for £114.3 million. In 2011, the Sony Pictures computer network was breached and one million user accounts associated with the SonyPictures.com website were leaked.
On November 18, 2012, Sony Pictures announced it has passed $4 billion with the success of releases: Skyfall, The Amazing Spider-Man, 21 Jump Street, Men in Black 3, Hotel Transylvania, Underworld: Awakening, The Vow, Resident Evil: Retribution. On November 21, 2013, SPE and Sony Entertainment's CEO Michael Lynton announced that SPE will shift emphasis from movies to television by cutting its 2014 film slate, it was announced on the same day, that there will be more Spider-Man sequels and spin-offs, though in February 10, 2015, Sony Pictures signed a deal with Disney's Marvel Studios to allow Spider-Man to appear in the Marvel Cinematic Universe, beginning with Captain America: Civil War, before appearing in Spider-Man: Homecoming, released on July 7, 2017. The deal allowed Sony to distribute and have creative control on any MCU film where Spider-Man is the main chara
Funimation Productions, LLC is an American entertainment company that specializes in the dubbing and distribution of foreign content, most notably anime. Sony Pictures Entertainment, a division of the Japanese conglomerate Sony, is its majority owner. Based in Flower Mound, the studio is the largest distributor of anime and other foreign entertainment properties in North America alongside Viz Media, Sentai Filmworks, Aniplex of America, more, their most popular property is Toei Animation's action-adventure franchise Dragon Ball. The company was founded on May 9, 1994 by Gen Fukunaga and his wife Cindy as FUNimation Productions, with funding by Daniel Cocanougher and his family, who became investors in the company. Funimation was acquired by Navarre Corporation on May 11, 2005 and the company was renamed FUNimation Entertainment. In April 2011, Navarre sold Funimation to a group of investors including Fukunaga and John A. Kuelbs for $24 million. Around the same time, the company's trademark ball and blue bar were dropped from its logo and the company was renamed to Funimation.
In May 2013, Funimation consolidated its divisions under its new holding company Group 1200 Media. Kuelbs became Chairman of Funimation/Group 1200 after the acquisition from Navarre. Kuelbs and Fukunaga continued to make additional investments into Funimation. A new senior management was brought on and a multi-year distribution deal was announced with Universal Pictures Home Entertainment. In January 2016 FunimationNow, a new ad free HD anime streaming service with Sony subscription, was announced at the CES show in Las Vegas. On July 31, 2017, Sony Pictures Television announced plans to acquire a 95% stake in Funimation for $143 million while Gen Fukunaga would retain his position with a 5% share; the deal was closed on October 27, 2017. From 2016-2018, Funimation had a partnership agreement with Crunchyroll; the company was founded on June 1994 by Japanese-born businessman Gen Fukunaga. Fukunaga's uncle, Nagafumi Hori, was working as a producer for Toei Company, he proposed that if Fukunaga could start a production company and raise enough money, Toei Animation would license the rights to the franchise.
Fukunaga met with co-worker Daniel Cocanougher whose family owned a feed mill in Decatur and convinced Cocanougher's family to sell their business and serve as an investor for his company. The company was formed in Silicon Valley, California as Funimation Productions in 1994, but relocated to Flower Mound, located near Fort Worth, they collaborated with other companies on Dragon Ball, such as BLT Productions, Ocean Studios and Saban Entertainment. By 1998, after two aborted attempts to bring the Dragon Ball franchise to a U. S. audience via first-run syndication, it found success through Cartoon Network's broadcast of the Dragon Ball Z series on its Toonami programming block, the Dragon Ball phenomenon grew in the United States as it had elsewhere. This led Funimation to license other anime to the U. S. Starting in September 2003, along with British company Maverick, has distributed titles from Canada-based Nelvana, including Redwall, Tales from the Cryptkeeper, Timothy Goes to School and the Disney Channel TV special The Santa Claus Brothers.
On May 11, 2005, Funimation was acquired by the now-defunct Navarre Corporation for US$100.4 million in cash and 1.8 million shares of Navarre stock. As part of the acquisition, the president Fukunaga was retained as head of the company, transitioning to the position of CEO, the company's name was changed from Funimation Productions to Funimation Entertainment. In 2007, Funimation moved from Texas to Flower Mound. Funimation moved into the Lakeside Business District with a ten-year lease. According to an interview in February 2008 with Navarre Corporation CEO Cary Deacon, Funimation was in early stage negotiations to acquire some of the titles licensed through Geneon's USA division, which ceased operations in December 2007. In July 2008, Funimation confirmed that they had acquired distribution rights to several Geneon titles, including some that Geneon had left unfinished when they ceased operations. At Anime Expo 2008, Funimation announced that it had acquired over 30 titles from the Sojitz catalog, licensed by ADV Films.
In 2009, Funimation signed a deal with Toei Animation to stream several of its anime titles online through the Funimation website and Hulu. In the first quarter of 2010, Navarre Corporation reclassified Funimation as "discounted operations" and began preparations to sell the company. Navarre released a statement in April 2011 confirming that Funimation has been sold to a group of investors, including original owner Gen Fukunaga, for $24 million, it is speculated that Funimation was sold at such a low cost because Navarre wanted to continue distributing goods in relation to the products, but not handle the publishing. Navarre remained as exclusive distributor of Funimation's titles until 2013 when the company shutdown. On October 14, 2011, Funimation announced a permanent partnership with Niconico, the English-language version of Nico Nico Douga, to form the'Funico' brand for the licensing of anime for streaming and home video release. From this point on all titles simulcasted by Niconico were acquired by Funimation.
The deal has since been severed. In 2014, Funimation released Dragon Ball Z: Battle of Gods to theatres in partnership with Screenvision. Based on its success, Funimation launched its own theatrical division in December 2014. On June 22, 2015, Funima
AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company, the second largest provider of mobile telephone services, the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it is the parent company of mass media conglomerate WarnerMedia, making it the world's largest media and entertainment company in terms of revenue; as of 2018, AT&T is ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue. AT&T began its history as Southwestern Bell Telephone Company, a subsidiary of the Bell Telephone Company, founded by Alexander Graham Bell in 1880; the Bell Telephone Company evolved into American Telephone and Telegraph Company in 1885, which rebranded as AT&T Corporation. The 1982 United States v. AT&T antitrust lawsuit resulted in the divestiture of AT&T Corporation's subsidiaries or Regional Bell Operating Companies, resulting in several independent companies including Southwestern Bell Corporation.
In 2005, SBC purchased its former parent AT&T Corporation and took on its branding, with the merged entity naming itself AT&T Inc. and using its iconic logo and stock-trading symbol. In 2006, AT&T Inc. acquired BellSouth, the last independent Baby Bell company, making their joint venture Cingular Wireless wholly owned and rebranding it as AT&T Mobility. The current AT&T reconstitutes much of the former Bell System, includes ten of the original 22 Bell Operating Companies along with the original long distance division. AT&T can trace its origin back to the original Bell Telephone Company founded by Alexander Graham Bell after his patenting of the telephone. One of that company's subsidiaries was American Telephone and Telegraph Company, established in 1885, which acquired the Bell Company on December 31, 1899, for legal reasons, leaving AT&T as the main company. AT&T established a network of subsidiaries in the United States and Canada that held a government-authorized phone service monopoly, formalized with the Kingsbury Commitment, throughout most of the twentieth century.
This monopoly was known as the Bell System, during this period, AT&T was known by the nickname Ma Bell. For periods of time, the former AT&T was the world's largest phone company. In 1982, U. S. regulators broke up the AT&T monopoly, requiring AT&T to divest its regional subsidiaries and turning them each into individual companies. These new companies were known as Regional Bell Operating Companies, or more informally, Baby Bells. AT&T continued to operate long distance services, but as a result of this breakup, faced competition from new competitors such as MCI and Sprint. Southwestern Bell was one of the companies created by the breakup of AT&T Corp; the architect of divestiture for Southwestern Bell was Robert G. Pope; the company soon started a series of acquisitions. This includes the 1987 acquisition of Metromedia mobile business and the acquisition of several cable companies in the early 1990s. In the half of the 1990s, the company acquired several other telecommunications companies, including some Baby Bells, while selling its cable business.
During this time, the company changed its name to SBC Communications. By 1998, the company was in the top 15 of the Fortune 500, by 1999 the company was part of the Dow Jones Industrial Average. In 2005, SBC purchased AT&T for $16 billion. After this purchase, SBC adopted the better-known AT&T name and brand, with the original AT&T Corp. still existing as the long-distance landline subsidiary of the merged company. The current AT&T claims the original AT&T Corp.'s history as its own, though its corporate structure only dates from 1983. It retains SBC's pre-2005 stock price history, all regulatory filings prior to 2005 are for Southwestern Bell/SBC, not AT&T Corp. In September 2013, AT&T Inc. announced it would expand into Latin America through a collaboration with América Móvil. In December 2013, AT&T announced plans to sell its Connecticut wireline operations to Stamford-based Frontier Communications. AT&T purchased the Mexican carrier Iusacell in late 2014, two months purchased the Mexican wireless business of NII Holdings, merging the two companies to create AT&T Mexico.
In July 2015, AT&T purchased DirecTV for $48.5 billion, or $67.1 billion including assumed debt, subject to certain conditions. AT&T subsequently announced plans to converge its existing U-verse home internet and IPTV brands with DirecTV, to create AT&T Entertainment. In an effort to increase its media holdings, on October 22, 2016, AT&T announced a deal to buy Time Warner for $108.7 billion. AT&T owns a 2% stake in Canadian-domiciled entertainment company Lionsgate. On July 13, 2017, it was reported that AT&T would introduce a cloud-based DVR streaming service as part of its effort to create a unified platform across DirecTV and its DirecTV Now streaming service, with U-verse to be added soon. In October 2018, it was announced that the service Is set to launch in 2019On September 12, 2017, it was reported that AT&T planned to launch a new cable TV-like service for delivery over-the-top over its own or a competitor's broadband network sometime next year. On November 20, 2017, Assistant Attorney General Makan Delrahim filed a lawsuit for the United States Department of Justice Antitrust Division to block the merger with Time Warner, saying it "will harm competition, result in higher bills for consumers and less innovation."
In order for AT&T to acquire Time Warner, the Department of Justice stated that the company must
Sony Corporation is a Japanese multinational conglomerate corporation headquartered in Kōnan, Tokyo. Its diversified business includes consumer and professional electronics, gaming and financial services; the company owns the largest music entertainment business in the world, the largest video game console business and one of the largest video game publishing businesses, is one of the leading manufacturers of electronic products for the consumer and professional markets, a leading player in the film and television entertainment industry. Sony was ranked 97th on the 2018 Fortune Global 500 list. Sony Corporation is the electronics business unit and the parent company of the Sony Group, engaged in business through its four operating components: electronics, motion pictures and financial services; these make Sony one of the most comprehensive entertainment companies in the world. The group consists of Sony Corporation, Sony Pictures, Sony Mobile, Sony Interactive Entertainment, Sony Music, Sony/ATV Music Publishing, Sony Financial Holdings, others.
Sony is among the semiconductor sales leaders and since 2015, the fifth-largest television manufacturer in the world after Samsung Electronics, LG Electronics, TCL and Hisense. The company's current slogan is Be Moved, their former slogans were The One and Only, It's like.no.other and make.believe. Sony has a weak tie to the Sumitomo Mitsui Financial Group corporate group, the successor to the Mitsui group. Sony began in the wake of World War II. In 1946, Masaru Ibuka started an electronics shop in a department store building in Tokyo; the company started with a total of eight employees. In May 1946, Ibuka was joined by Akio Morita to establish a company called Tokyo Tsushin Kogyo; the company built Japan's first tape recorder, called the Type-G. In 1958, the company changed its name to "Sony"; when Tokyo Tsushin Kogyo was looking for a romanized name to use to market themselves, they considered using their initials, TTK. The primary reason they did not is that the railway company Tokyo Kyuko was known as TTK.
The company used the acronym "Totsuko" in Japan, but during his visit to the United States, Morita discovered that Americans had trouble pronouncing that name. Another early name, tried out for a while was "Tokyo Teletech" until Akio Morita discovered that there was an American company using Teletech as a brand name; the name "Sony" was chosen for the brand as a mix of two words: one was the Latin word "sonus", the root of sonic and sound, the other was "sonny", a common slang term used in 1950s America to call a young boy. In 1950s Japan, "sonny boys" was a loan word in Japanese, which connoted smart and presentable young men, which Sony founders Akio Morita and Masaru Ibuka considered themselves to be; the first Sony-branded product, the TR-55 transistor radio, appeared in 1955 but the company name did not change to Sony until January 1958. At the time of the change, it was unusual for a Japanese company to use Roman letters to spell its name instead of writing it in kanji; the move was not without opposition: TTK's principal bank at the time, had strong feelings about the name.
They pushed for a name such as Sony Teletech. Akio Morita was firm, however. Both Ibuka and Mitsui Bank's chairman gave their approval. According to Schiffer, Sony's TR-63 radio "cracked open the U. S. market and launched the new industry of consumer microelectronics." By the mid-1950s, American teens had begun buying portable transistor radios in huge numbers, helping to propel the fledgling industry from an estimated 100,000 units in 1955 to 5 million units by the end of 1968. Sony co-founder Akio Morita founded Sony Corporation of America in 1960. In the process, he was struck by the mobility of employees between American companies, unheard of in Japan at that time; when he returned to Japan, he encouraged experienced, middle-aged employees of other companies to reevaluate their careers and consider joining Sony. The company filled many positions in this manner, inspired other Japanese companies to do the same. Moreover, Sony played a major role in the development of Japan as a powerful exporter during the 1960s, 1970s and 1980s.
It helped to improve American perceptions of "made in Japan" products. Known for its production quality, Sony was able to charge above-market prices for its consumer electronics and resisted lowering prices. In 1971, Masaru Ibuka handed the position of president over to his co-founder Akio Morita. Sony began a life insurance company in one of its many peripheral businesses. Amid a global recession in the early 1980s, electronics sales dropped and the company was forced to cut prices. Sony's profits fell sharply. "It's over for Sony," one analyst concluded. "The company's best days are behind it." Around that time, Norio Ohga took up the role of president. He encouraged the development of the Compact Disc in the 1970s and 1980s, of the PlayStation in the early 1990s. Ohga went on to purchase CBS Records in 1988 and Columbia Pictures in 1989 expanding Sony's media presence. Ohga would succeed Morita as chief executive officer in 1989. Under the vision of co-founder Akio Morita and his successors, the company had aggressively expanded in
Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, the nation's third-largest home telephone service provider. Comcast services U. S. residential and commercial customers in 40 states and in the District of Columbia. As the owner of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively. Comcast owns and operates the Xfinity residential cable communications subsidiary, Comcast Business, a commercial services provider, Xfinity Mobile, MVNO of Verizon, over-the-air national broadcast network channels, multiple cable-only channels, the film studio Universal Pictures, Universal Parks & Resorts.
It has significant holdings in digital distribution, such as thePlatform, which it acquired in 2006. In February 2014, the company agreed to merge with Time Warner Cable in an equity swap deal worth $45.2 billion, under the terms of the agreement, Comcast was to acquire 100% of Time Warner Cable. However, on April 24, 2015, Comcast terminated the agreement. Comcast and Charter Communications entered into an agreement to conduct exclusive discussions with Sprint Corporation in late June 2017. Since October 2018, it is the parent company of mass media pan-European company Sky, making it the biggest and leading media company with more than 53 million subscribers over five countries across Europe. Comcast has been criticized for multiple reasons. In addition, Comcast has violated net neutrality practices in the past. Critics point out a lack of competition in the vast majority of Comcast's service area. Furthermore, given Comcast's negotiating power as a large ISP, some suspect that Comcast could leverage paid peering agreements to unfairly influence end-user connection speeds.
Its ownership of both content production and content distribution has raised antitrust concerns. These issues, in addition to others, led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 2010 and 2014. Comcast is sometimes described as a family business. Brian L. Roberts, president, CEO of Comcast, is the son of founder Ralph J. Roberts. Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, which gives him an "undilutable 33% voting power over the company". Legal expert Susan P. Crawford has said this gives him "effective control over every step". In 2010, he was one of the highest paid executives in the United States, with total compensation of about $31 million. Comcast is headquartered in Philadelphia and has corporate offices in Atlanta, Denver, New Hampshire and New York City. On January 3, 2005, Comcast announced that it would become the anchor tenant in the new Comcast Center in downtown Philadelphia; the 975 ft skyscraper is the tallest building in Pennsylvania.
Comcast has begun construction on a second 1,121 ft skyscraper directly adjacent to the original Comcast headquarters in the summer of 2014. The company is criticized by both the media and its own staff for its less upstanding policies regarding employee relations. A 2012 Reddit post written by an anonymous Comcast call center employee eager to share their negative experiences with the public received attention from publications including The Huffington Post. A 2014 investigative series published by The Verge involved interviews with 150 of Comcast's employees, it sought to examine why the company has become so criticized by its customers, the media and members of its own staff. The series claimed part of the problem is internal and that Comcast's staff endures unreasonable corporate policies. According to the report: "customer service has been replaced by an obsession with sales. A read article penned by an anonymous call center employee working for Comcast appeared in November 2014 on Cracked.
Titled "Five Nightmares You Live While Working For America's Worst Company," the article claimed that Comcast is obsessed with sales, doesn't train its employees properly and concluded that "the system makes good customer service impossible."Comcast has earned a reputation for being anti-union. According to one of the company's training manuals, "Comcast does not feel union representation is in the best interest of its employees, customers, or shareholders". A dispute in 2004 with CWA, a labor union that represented many employees at Comcast's offices in Beaverton, led to allegations of management intimidating workers, requiring them to attend anti-union meetings and unwarranted disciplinary action for union members. In 2011, Comcast received criticism from Writers Guild of America for its policies in regards to unions. Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. In 2009, it was included on CableFAX magazine's "Top 10 Places to Work in Cable", which cited its "scale