Comcast CEO Brian Roberts is Overpaid and the Leader of a Shitty Company
Comcast was so unpopular they had rebrand as Xfinity 15 years ago. Well, Xfinity sucks just as bad Comcast. They are essentially a monopoly, and they act like it (with high prices, shitty customer service, _because what are you going do about it?? _). Yesterday our internet was down for a good 9 hours. They said they were going to improve service. Once it was turned back on, it was slower than before. Today it went out again, and we got no heads up via text. Then, when I went to the app to deal with it, it wouldn’t let me sign in. I knew my password, but it still wouldn’t let me in. Then, of course, I tried to call them to get some help. Did I get a chance to talk to someone? Nope….No humans available.
The CEO of Comcast is a guy named Brian Roberts. He made approximately $34 million in 2024. That was a step down from 2023, when his total compenstaion was $35.5 million. He’s a billionaire, so these earnings are a mere pittance. Guess how he came to the CEO of Comcast? Yep, he’s a nepo baby. His daddy was the founder. He apparently owns ‘only’ 1% of the company via ownership stock, but he owns approximately 33% of the B shares (i.e., the voting shares). The top 3 Shareholders (by equity) are The Vanguard Group (~10%), BlackRock, Inc. (~8.8%), and State Street Corporation (~5%).
Oh, and Comcast also owns a controlling stake in NBC Universal. That means that a nepo baby who didn’t earn shit owns one of the biggest media companies in America, as well as the means of providing the media to your home or computer.
This is another example of someone with too much power, making tremendous amounts of money he merely has the privilege to be earning. Roberts inherited his company, and therefore his disgusting salary. And to be clear, the service they provide, especially their customer service, is shitty.
Funny side note: I just asked Google’s Nano Banana Pro to generate an image of people with pitchforks marching up to a castle named Comcast for my tiny little blog. It wouldn’t do it. Said it was a violation of their guidelines. I read the guidelines and think their explanation is a stretch. Anyway, Google’s got the back of their fellow corporoate overlords covered. Checks out.
OK, rant over.