Comcast dating profiles
The National Cable & Telecommunications Association, which has multiple Comcast executives on its board, also represents Comcast and other cable companies as the fifth largest lobbying organization in the United States, spending .8 million in 2013.
Comcast's PAC, the Comcast Corporation and NBCUniversal Political Action Committee, is the among the largest PACs in the US, raising about .7 million from 2011 to 2012 for the campaigns of various candidates for office in the United States Federal Government.
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, Oregon, led to allegations of management intimidating workers, requiring them to attend anti-union meetings and unwarranted disciplinary action for union members.
On January 3, 2005, Comcast announced that it would become the anchor tenant in the new Comcast Center in downtown Philadelphia.
The 975 ft (297 m) skyscraper is the tallest building in Pennsylvania.
These issues, in addition to others, led to Comcast being dubbed "The Worst Company in America" by The Consumerist in 20. Roberts, chairman, president, and CEO of Comcast, is the son of co-founder Ralph Roberts.
Roberts owns or controls just over 1% of all Comcast shares but all of the Class B supervoting shares, which gives him an "undilutable 33% voting power over the company".
In 2009, it was included on Cable FAX magazine's "Top 10 Places to Work in Cable", which cited its "scale, savvy and vision".
In February 2014, the company agreed to merge with Time Warner Cable in an equity swap deal worth .2 billion.
Under the terms of the agreement Comcast was to acquire 100% of Time Warner Cable.
Comcast operates over-the-air national broadcast network channels (NBC and Telemundo), multiple cable-only channels (including MSNBC, CNBC, USA Network, NBCSN, E!
, The Weather Channel, among others), the film production studio Universal Pictures, and Universal Parks & Resorts in Los Angeles, California; Orlando, Florida; and Osaka, Japan.Net profit margin rose from 4.2% in 1999 to 8.4% in 2009, with operating margins improving 31 percent and return on equity doubling to 6.7 percent in the same time span.