Bloomberg Law
May 26, 2023, 11:30 AM

Comcast CEO Under Pressure to Add Media Content `Missing Piece’

Scott Moritz
Scott Moritz
Bloomberg News

Comcast Corp. Chief Executive Officer Brian Roberts has a penchant for lining up a huge deal around every five years or so. It was 2018 the last time he made a big acquisition, and Wall Street is ready for his next dramatic move.

The stakes have arguably never been higher for the media and communications giant: Comcast is losing cable TV subscribers at record rates. Growth in its broadband internet business has dried up amid fierce competition from the likes of Verizon Communications Inc. and T-Mobile US Inc. The NBCUniversal division has been shaken by the departures of CEO Jeff Shell, who was ousted last ...

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