cityfile · 02/04/10 04:09PM

• Lawmakers on Capitol Hill grilled Brian Roberts and Jeff Zucker today about Comcast's proposed takeover of NBC Universal. Meantime, Zucker's chances of keeping his job as NBC's CEO? Dimmer by the day. [Reuters, WSJ, LAT]
Observer owner Jared Kushner is expanding: He's decided to partner with another company to launch a free newspaper in Vegas for some reason. [NYT]
• More on the deep job cuts at CBS News this week. [NYT, LAT]
Howard Stern's contract with Sirius XM expires this year. Whether he ends up staying put—or finds a new home on radio or TV—is up in the air. [THR]
• EMI announced a massive annual loss and now needs more cash. [BBC]
• Another installment of Fast and Furious is on the way. Finally! [Variety]
• Does the National Enquirer deserve a Pulitzer Prize? Probably! [Gawker]

Comcast CEO's family gets $300 million if he croaks in office

Nicholas Carlson · 06/10/08 01:20PM

Had Comcast CEO Brian Roberts died during 2007, the company would have had to pay his heirs $60 million for five years of salary and bonus, a $223 million life-insurance payout and another $14 million in stock awards and other payments. Add it up and Roberts's heirs get a $298.1 million "golden coffin" if the Comcast CEO croaks in office. Roberts's 88-year-old father — Ralph Roberts, chairman of Comcast's executive committee — earns his family $87 million if when he goes, too. Such "golden coffins," much like "golden parachutes" have been around as estate-planning tax dodges for years, reports the Wall Street Journal in an exposé, but until a new law 18 months ago, it was easy for companies to bury how much they would pay families after executive deaths "in the fog of proxy-statement language." No longer. (Photo by Bruno Girin)

Comcast chickens out of FCC hearings at Stanford

Jackson West · 04/16/08 06:20PM

Superlawyer Lawrence Lessig won't have Comcast to kick around at the FCC hearing on network neutrality — the principle that broadband providers can't discriminate against certain kinds of Internet traffic — being held at Stanford tomorrow. The event was only scheduled after Comcast paid chumps to fill chairs at an earlier hearing at Harvard in an obvious effort to squelch debate. With Comcast working with BitTorrent and just today joining with legal file-sharing startup Pando to work on a "bill of rights" for file sharers and ISPs, the company is trying to make voluntary moves in an effort to stave off involuntary regulation. I was planning on attending, if only because it promised to be an entertaining nerdfight — now, I'm not so sure. Since public hearings are supposedly democracy in action, you tell me if I should bother buying a Caltrain ticket.