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	<title>Comcast &#8211; USA NEWS LIVE</title>
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		<title>Netflix and Comcast are amongst the businesses donating to LA wildfire relief</title>
		<link>https://bloggingthree.soflytech.com/2025/01/netflix-and-comcast-are-amongst-the-businesses-donating-to-la-wildfire-relief/</link>
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		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Tue, 14 Jan 2025 01:28:26 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[among]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[donating]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[relief]]></category>
		<category><![CDATA[wildfire]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=22631</guid>

					<description><![CDATA[As Los Angeles continues to battle wildfires which have destroyed parts of the town and killed a minimum of 24 people, corporations are pledging hundreds of thousands of dollars in donations to support the relief effort. On Monday, Netflix And Comcast Each announced $10 million in donations, divided amongst groups equivalent to the Los Angeles [&#8230;]]]></description>
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<p>As Los Angeles continues to battle wildfires which have destroyed parts of the town and killed a minimum of 24 people, corporations are pledging hundreds of thousands of dollars in donations to support the relief effort.</p>
<p>On Monday, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Netflix<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Comcast<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Each announced $10 million in donations, divided amongst groups equivalent to the Los Angeles Fire Department Foundation, World Central Kitchen and the American Red Cross. Both corporations also said they&#8217;d support employees directly affected by the fires.</p>
<p>“The next few years will be a time of rebuilding for many of us, requiring creativity, vision, determination and perseverance. When you look at some of the hardest-hit neighborhoods, it&#39;s hard to imagine rebuilding &#8211; but we will, and that&#39;s what we will do. &#8220;We will come back stronger than before,&#8221; said Netflix co-CEO Ted Sarandos <a href="https://about.netflix.com/en/news/supporting-our-community-in-this-difficult-time" target="_blank">wrote</a>.</p>
<p>Comcast is the parent company of NBCUniversal, which has a large presence in Los Angeles with its studios.</p>
<p>“We express our deep appreciation to first responders for their tireless and courageous efforts,” said Brian Roberts, Comcast Chairman and CEO <a href="https://corporate.comcast.com/press/releases/comcast-nbcuniversal-donates-10-million-to-support-los-angeles-wildfire-relief-efforts" target="_blank">notice</a>.</p>
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<p>Other media and entertainment corporations, lots of which have outstanding presences within the Los Angeles area, had previously pledged to donate to relief efforts. The <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6">Walt Disney Company<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span> <a href="https://impact.disney.com/impact-stories/investing-in-our-people/disney-commits-15-million-to-los-angeles-fire-relief/" target="_blank">announced</a> On Saturday it announced it was committing $15 million to firefighting and reconstruction efforts. Fox News reported that its parent company <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-8">Fox Corporation<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, <a href="https://www.foxnews.com/media/fox-corporation-donates-1-million-support-american-red-cross-california-wildfires-relief-efforts" target="_blank">donated</a> $1 million to the American Red Cross.</p>
<p>gaming platform FanDuel and its parent company, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-10">Flutter entertainment<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>They donated $250,000 to the disaster relief organization Americares and the LA Fire Department Foundation <a href="https://www.prnewswire.com/news-releases/fanduel-and-flutter-donate-250-000-to-organizations-supporting-wildfire-relief-efforts-in-los-angeles-302348220.html" target="_blank">announced</a>.</p>
<p>The NFL &#8211; which moved a playoff game from SoFi Stadium in suburban Los Angeles to State Farm Stadium in Glendale, Arizona due to the fires &#8211; said its teams and ownership groups would collectively commit $5 million to relief efforts. Twelve Los Angeles sports teams, including the Lakers and Dodgers, separated <a href="https://x.com/Dodgers/status/1878901515915817133" target="_blank">announced</a> a donation of over $8 million to firefighter aid groups.</p>
<p>food market <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-13">Hook<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-14">Walmart<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    pledged <a href="https://ir.kroger.com/news/news-details/2025/The-Kroger-Family-of-Companies-Pledging-1M-to-Support-Families-Impacted-by-Southern-California-Wildfires/default.aspx" target="_blank">1 million dollars</a> And <a href="https://corporate.walmart.com/purpose/community/disaster-response/202501-california-wildfires" target="_blank">$2.5 million</a>or for relief measures. Health insurer Anthem Blue Cross <a href="https://www.businesswire.com/news/home/20250110286356/en/Anthem-Blue-Cross-Pledges-10-Million-in-Support-of-Southern-California-Communities-Affected-by-Wildfires" target="_blank">announced</a> a $10 million donation.</p>
<p>Reuters <a href="https://www.reuters.com/world/us/jpmorgan-providing-forbearance-mortgage-customers-hit-by-los-angeles-wildfires-2025-01-13/" target="_blank">reported</a> Monday that <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-19">JPMorgan Chase<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-20">Bank of America<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    are also offering payment relief to mortgage customers affected by the wildfires.</p>
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<p>Hollywood stars and entertainment figures have also declared that they&#8217;re supporting the fireplace aid financially. </p>
<p>Los Angeles-based actor Jamie Lee Curtis, <a href="https://www.instagram.com/jamieleecurtis/p/DEnDiUbxs6n/" target="_blank">announced</a> She shared on Instagram that her family donated $1 million to relief efforts, while singer Beyoncé&#39;s BeyGood Foundation contributed <a href="https://www.instagram.com/beygood/p/DEv9Cg7PSf4/" target="_blank">committed</a> $2.5 million for its own fire relief fund. Celebrities Paris Hilton <a href="https://www.instagram.com/p/DEqitRhulJw/?igsh=NjZiM2M3MzIxNA%3D%3D&amp;img_index=1" target="_blank">said</a> She would arrange an emergency fund to assist displaced families and allocated $200,000 for it, as actress Halle Berry said <a href="https://www.instagram.com/reel/DEnqMPwuy2d/?igsh=MWh2bTE2cm1xc21tbA%3D%3D" target="_blank">donated</a> Clothing for the victims of the fires.</p>
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<br /><em>image credit : www.cnbc.com</em></p>
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		<title>Oakland receives hundreds of thousands to extend web speed; Comcast and AT&#038;T object</title>
		<link>https://bloggingthree.soflytech.com/2024/07/oakland-receives-hundreds-of-thousands-to-extend-web-speed-comcast-and-att-object/</link>
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		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Sat, 13 Jul 2024 10:35:46 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[ATT]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[increase]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[millions]]></category>
		<category><![CDATA[Oakland]]></category>
		<category><![CDATA[object]]></category>
		<category><![CDATA[receives]]></category>
		<category><![CDATA[speed]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=8872</guid>

					<description><![CDATA[Oakland is ready to receive $15 million from California to shut gaps in local web speeds &#8211; a grant that faced objections from industry giants Comcast and AT&#038;T, who argued the town doesn&#8217;t have a slower web connection than another place. A bunch of advocates had struggled throughout much of the pandemic to persuade state [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2024/07/cnn-L19jb21wb25lbnRzL2ltYWdlL2luc3RhbmNlcy9jbHloeXIyZHowMDA2MzU2a3N2dml0ZWpt-L19jb21wb25lbnRzL2FydGljbGUvaW5zdGFuY2VzL2NseWh5cWxraDAwMG5uZHFnNmNsbjN5cHo.jpg?w=1400px&amp;strip=all" /></p>
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<p>Oakland is ready to receive $15 million from California to shut gaps in local web speeds &#8211; a grant that faced objections from industry giants Comcast and AT&#038;T, who argued the town doesn&#8217;t have a slower web connection than another place.</p>
<p>A bunch of advocates had struggled throughout much of the pandemic to persuade state technology officials that Oakland deserved a bigger share of the federal COVID-19 response funding for broadband improvements.</p>
<p>But recent funding announced this week goals to fund the “last mile” of fibre optic connectivity by connecting neglected areas to a wider backbone along major highways.</p>
<p>The group, called OaklandUndivided, fought in the course of the pandemic to persuade California authorities that East Oakland neighborhoods were being neglected in existing broadband expansion funding plans.</p>
<p>With the brand new funding, Oakland joins the ranks of other communities classified as “underserved” by the California Public Utilities Commission, including San Francisco ($10 million), Fremont ($7 million) and Plumas County ($7 million).</p>
<p>These are communities in Northern California which might be &#8220;just a short walk or drive from the development of some of the world&#39;s most famous high technologies,&#8221; but &#8220;they are on the wrong side of the digital divide,&#8221; CPUC Commissioner John Reynolds said, in response to a press release before voting for the funding.</p>
<p>In their written objections to the $15 million grant, Comcast and AT&#038;T argued that 100% of the Oakland neighborhoods targeted for improvements were covered by high-speed web.</p>
<p>But utility officials found that the providers&#39; web sites listed a number of the addresses included of their maps as &#8220;not receiving fiber service.&#8221; They also noted that &#8220;many of the locations complained of by the providers were outside&#8221; the intended service area.</p>
<p>Oakland Connect, a civic organization led by a former city school teacher, had rejected the objections with reports that Oakland&#39;s Internet connection was slower than the speeds advertised to the general public by Comcast and AT&#038;T.</p>
<p>Tests by technology company HubbleIQ found that greater than a 3rd of 8,000 addresses had slow download speeds, in response to data seen by this news organization.</p>
<p>Young students in East Oakland told this news organization in previous interviews that they&#8217;d trouble accessing the web when the pandemic forced entire families to remain home. One teenager, a highschool student named Santiago Preciado, said he &#8220;missed a significant portion of eighth grade because of it.&#8221;</p>
<p>These inequalities, that are also noticed by teachers and mentors in after-school care, often go unmentioned in political discourse in Oakland &#8211; but they seem to contribute to the performance gap between different neighborhoods.</p>
<p>&#8220;This is an information justice issue,&#8221; said Patricia Wells, who heads the Oakland Housing Authority. &#8220;All people, regardless of income, have the right to access reliable and affordable high-speed internet, just like other essential utilities like water and electricity.&#8221;</p>
<p>Originally published: <time datetime="2024-07-12 16:24:30">July 12, 2024 at 16:24</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Pac-12 reports record revenue in fiscal yr 2023, but Comcast scandal impacts payouts</title>
		<link>https://bloggingthree.soflytech.com/2024/05/pac-12-reports-record-revenue-in-fiscal-yr-2023-but-comcast-scandal-impacts-payouts/</link>
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		<dc:creator><![CDATA[enzo2go]]></dc:creator>
		<pubDate>Thu, 23 May 2024 18:50:21 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[fiscal]]></category>
		<category><![CDATA[impacts]]></category>
		<category><![CDATA[Pac12]]></category>
		<category><![CDATA[payouts]]></category>
		<category><![CDATA[record]]></category>
		<category><![CDATA[Reports]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Scandal]]></category>
		<category><![CDATA[year]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=4313</guid>

					<description><![CDATA[The Pac-12 posted record revenue within the 2022-23 fiscal yr, surpassing $600 million for the primary time, based on federal tax returns obtained by the hotline. Total revenue of $603.8 million, based totally on media rights deals with ESPN and Fox, represents a 4 percent increase from last yr. “We are pleased to have achieved [&#8230;]]]></description>
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<p>The Pac-12 posted record revenue within the 2022-23 fiscal yr, surpassing $600 million for the primary time, based on federal tax returns obtained by the hotline.</p>
<p>Total revenue of $603.8 million, based totally on media rights deals with ESPN and Fox, represents a 4 percent increase from last yr.</p>
<p>“We are pleased to have achieved record revenue for our members,” Pac-12 Commissioner Teresa Gould said in a press release.  “These proceeds are used by our campus athletic departments to provide invaluable support to our more than 7,000 student-athletes annually and fulfill our mission of developing the next generation of leaders.”</p>
<p>The seeds of collapse lie dormant in these numbers &#8211; quite a few examples of the overspending and mismanagement that plagued the conference for years and contributed to its demise last summer.</p>
<p>Despite the rise in revenue in comparison with the previous yr, distributions to the 12 campuses increased by $3.4 million per school, or 9.1 percent, from $37 million in fiscal yr 2022 to simply $33.6 million in 2023.</p>
<p>While comparable conferences increased their annual distributions, the Pac-12 went downhill &#8211; and the revenue gap widened consequently.</p>
<p>The Big Ten paid out a mean of $60.5 million to its long-time members last yr, while the SEC split $51.3 million, the ACC paid $44.8 million and the Big 12 paid 44.2 distributed hundreds of thousands of US dollars. <a href="https://www.usatoday.com/story/sports/college/2024/05/23/bob-bowlsby-big-12-pay-conference-revenue/73811171007/" target="_blank" rel="noopener">based on USA Today</a>.</p>
<p>The conference attributed the decline in payouts to “lower revenue for Pac-12 Networks related to affiliate fees.”</p>
<p>The Pac-12 Networks reported revenue of $97.3 million, down $9.6 million from last yr. When split 12 ways, that involves $800,000 per campus and doesn&#39;t explain all the year-over-year decline in distributions.</p>
<p>However, based on the conference, it is predicted that Pac-12 Networks&#39; figures within the Schedule R portion of the tax return will likely be adjusted in a future tax return to reflect the reduced revenue.</p>
<p>This lower total is attributable to Comcast, a distribution partner, withholding payments to the networks to make up for the quantity it has overpaid over the course of a decade.</p>
<p>The Pac-12 knew in regards to the overpayments, which totaled about $72 million, but didn&#8217;t correct the matter until Comcast noticed the error and contacted the Pac-12 in the autumn of 2022.</p>
<p>(Two executives, CFO Brent Willman and Pac-12 Networks President Mark Shuken, were fired for failing to properly report the overpayments. They have filed a wrongful termination lawsuit against the conference.)</p>
<p>The tax returns include the next note: “The Conference expects to file an amended Form 990 for tax year 2023 in the future in connection with a possible restatement.”</p>
<p>The documents also revealed for the primary time the quantity of salary paid to former Commissioner George Kliavkoff.</p>
<p>Kliavkoff&#39;s disastrous tenure began in the summertime of 2021, but because compensation is reported by calendar yr slightly than fiscal yr, his 12-month salary didn&#8217;t appear within the Pac-12&#39;s tax returns released last spring.</p>
<p>According to documents released Thursday, Kliavkoff earned $4 million in his first full yr on the job.</p>
<p>After watching the conference fail, Kliavkoff resigned earlier this yr and agreed to a settlement with the 2 remaining schools, Washington State and Oregon State.</p>
<p>Kliavkoff received a better salary than his colleagues &#8211; SEC Commissioner Greg Sankey earned $3.6 million, based on USA Today &#8211; but lower than his predecessor Larry Scott, who earned $4 million several times during his tenure on the helm of the Pac-12 mark was exceeded.</p>
<p>Scott received a $3 million severance package after parting ways together with his employer in the summertime of 2021, based on the conference.  He also has to repay an unpaid $1.8 million moving loan at the top of June.</p>
<p>In total, Scott and Kliavkoff led the Pac-12 for 15 years, making one strategic mistake after one other.</p>
<p>For their efforts, they received total compensation of roughly $57 million, based on a hotline review of Pac-12 tax returns for 2013 through 2023 and USA Today reports for 2010 through 2012.</p>
<aside class="related left"></aside>
<p>(The exact amount is determined by the severance pay Kliavkoff is paid. This is not going to be publicly announced for an additional yr.)</p>
<p>The tax returns also showed that 13 current or former employees earned a minimum of $400,000 in calendar yr 2022, up from nine the previous yr.</p>
<p>The well-paid staff includes Scott; the 2 executives fired over the Comcast mess, Shuken and Willman; plus deputy commissioners and executives chargeable for sales, legal, strategy, content, communications, sponsorships, and engineering and product.</p>
<p>In addition, the conference paid $4.2 million to Emeryville, Calif.-based Advanced Systems Group for work described as “production facility expansion.”</p>
<p>The 42,000-square-foot facility in San Ramon, California, opened last summer and was intended to deal with the Pac-12 Networks after the lease on the conference office in San Francisco expired.</p>
<p>And it did – for a yr: next month the networks will likely be switched off.</p>
<p>However, the state-of-the-art studio will likely be used to supply Washington State and Oregon State home games, including football games, for media outlets.  At least for the following 12 months.</p>
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