And after what could be considered a ho-hum 2015, the cable operator’s shares fell 1.1 percent, along with net income at 2.5 percent.
Despite the drops and future challenges, however, Comcast’s chief executive Brian Roberts had a really good year. His compensation was up 10 percent to $36.2 million for the year, according to an SEC filing reported by Deadline.
The package included $2.9 million in salary, $5.4 million in stock wards, $5.4 million in option awards, $9.8 million in non-equity incentive compensation, $8.7 million in pension benefits, and $4.1 million in other compensation.
Meanwhile, NBCUniversal CEO Steve Burke saw his compensation drop 0.7 percent. Time Warner’s Senior EVP David Cohen, who runs the company, received a 32.6 percent raise for a compensation of $17.9 million.
Comcast did report its best year in almost a decade under Roberts’ watch, according to The Wall Street Journal. Revenue was up 8.3 percent, coupled with a net loss of 36,000 video customers.
Disclosure: Streaming Observer is supported by readers. Articles may contain referral links. For more information, see the disclosure at the bottom of the page.
Latest posts by Andrew Dodson (see all)
- Netflix’s Movie Library Grew in Size While Slightly Dipping in Quality in 2016 - February 7, 2017
- Netflix Now Only Has 31 Movies from IMDB’s Top 250 List - October 11, 2016
- The Average Cable TV Subscriber Has Spent Over $5,300 in the Last 5 Years on Service - September 19, 2016