Brian L.Roberts: Last News

Jennifer Maas TV Business WriterComcast reported its fourth-quarter 2021 earnings Thursday, beating Wall Street’s expectations on both revenue and earnings. NBCUniversal revenue was $9.338 billion, up 25.6% from the previous year’s Q4.

Rebecca Rubin Film and Media Reporter Jeff Shell is stepping down as CEO of NBCUniversal following a misconduct investigation, which found he had an “inappropriate relationship” with a woman in the company. Comcast, the parent company of NBCUniversal, and Shell announced the news in a joint statement, saying they have mutually agreed that Shell will depart effective immediately following a third-party investigation into a complaint of inappropriate conduct. “Today is my last day as CEO of NBCUniversal,” Shell wrote in a memo to staff. “I had an inappropriate relationship with a woman in the company, which I deeply regret. I’m truly sorry I let my Comcast and NBCUniversal colleagues down, they are the most talented people in the business and the opportunity to work with them the last 19 years has been a privilege.”

An impressive promise. On Monday, Comcast announced their plan to reallocate $100 million in order to advance social justice and equality.