Thread regarding Comcast layoffs

All Hail King Brian

Comcast is more the Roberts family business than any of you all realize. Brian holds one third of the all voting power. This company's direction is based solely on his whims.

Buying Sky was Brian's idea. Top 5 worst corporate acquisition of all time.

Sky became a bad acquisition because Brian let a personal vendetta against Disney jade his judgement. He got into a pi----g contest and drove up what Disney paid for Fox's assets by nearly $20 billion. That back fired because Disney did the same to him when he decided to buy Sky and he ended up paying double what it was worth. This crippled the rest of Comcast where it was unable to grow the company dure to the weight of more than $100 billion in debt.

This all dates back to another one of Brian's ideas the failed attempted a hostile take over of Disney 22 years ago. Disney is still pi---d about this and so is Brian.

Brian also decided to buy Time Warner. Another glorious disaster. Remember all the people layed off when that collapsed?

Buying NBC was also Brian's idea, not a terrible acquisition in the short term but ultimately a poor decision.

Brian realized a decade too late that TV is dead and his family business is failing because of it.


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| 236 views | | 10 replies (last 27 days ago) | Reply
Post ID: @OP+1m501efz6

10 replies (most recent on top)

He bought Twitter, that was likely a vanity thing, but he also elected the president of his choice through it, só not that bad. And if he were to buy Comcast you can be sure he would fire even more people and work from home would be a thing of the past.

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Post ID: @dw+1m501efz6

@bj Elon Musk doesn't buy garbage. He's gonna selll cellular to Charter instead and expand on his own.

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Post ID: @dv+1m501efz6

@at we can only hope it's Starlink...

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Post ID: @bj+1m501efz6

He only kept comcast for as long as he has bc it was built by his dad. Hes going to seep the company. It was his dad’s passion not his. This whole “become a technology company” sh-t ain’t happening. they’ll set up the business to be acquired by private equity or split up and sold.

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Post ID: @b2+1m501efz6

@ap yep it's sad, though I feel more likely to be bought out by domestic rather than international operator like Reliance.

Would be funny if we get bought out by Starlink. I bet a lot of folks are polishing their resume, networking etc for when this sinking ship eventually capsizes.

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Post ID: @at+1m501efz6

@af probably cash in on one last fat payday after being acquired so they can live their lives on some island happily ever after.
On a serious note, I don’t see many options left for the connectivity business to survive in its current form on its own, they got good assets and most likely to merge or get acquired by a mobile or satellite provider.
I have a theory that maybe they get bought out by an oversees company operating mobile/hardline service maybe Reliance India? Or maybe a European provider?

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Post ID: @ap+1m501efz6

It’s one thing to miss the impending death of cable despite owning the pipes that carried data for Netflix, it’s another thing entirely to mess up the pipes and losing out to fibre, fixed wireless and now satellite.

Wonder what they will plan post split!

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Post ID: @af+1m501efz6

@OP you'd be surprised how leadership decisions are based on revenge.

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Post ID: @aa+1m501efz6

To be fair, he did work his way up from son of founder

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Post ID: @a7+1m501efz6

@OP Brian collects yachts. At this pace he may have to liquidate some assets and sell one or two.

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Post ID: @a2+1m501efz6

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