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Comcast CEO Cashes In: $11.6 Million Holiday Gift for Himself While Your Rates Increase

Phillip Dampier January 9, 2013 Comcast/Xfinity, Consumer News No Comments
Roberts

Roberts

While Comcast customers face New Year rate hikes that could cost some as much as $60 more a year for cable, broadband, and phone service, life is good for Brian Roberts, chairman, CEO and president of Comcast Corporation.

Comcast disclosed Roberts ditched 317,000 shares of stock in the company for nearly $11.6 million, according to a filing with the Securities and Exchange Commission.

Roberts sold 105,800 shares of his wife’s stock on Dec. 19, 106,000 shares owned by his trusts on Dec. 20, and another 105,400 shares owned by his wife on Dec. 21.

He has plenty of shares left. Roberts owns 100% of Comcast’s Class B common stock, which entitles him to one-third of Comcast shareholders’ voting power.

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  • BobInIllinois: Jo, FYI on this. YouTube wanted to get this streaming service up fast. The 5 big US cities that you listed all have network tv stations owned and ...
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  • Jo: Chicago, Los Angeles, New York City, Philadelphia & San Francisco Bay Area This is it? it's just like google fiber.. a failure....
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  • Kerry: This makes four channels that have been removed in the last 60 days. We are still paying the same ....
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