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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 8, 2021
| | | | | | | | | | | | | | |
| | Comcast Corporation | |
| | (Exact Name of Registrant as Specified in its Charter) | |
| | | | |
| | Pennsylvania | |
| | (State or Other Jurisdiction of Incorporation) | |
| | | | |
001-32871 | | | 27-0000798 |
(Commission File Number) | | | (IRS Employer Identification No.) |
| | | | |
One Comcast Center | | | |
Philadelphia, | PA | | | 19103-2838 |
(Address of Principal Executive Offices) | | | (Zip Code) |
Registrant’s telephone number, including area code: (215) 286-1700
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| | | | | | | | | | | | | | |
Securities registered pursuant to Section 12(b) of the Act: |
Title of Each Class | | Trading symbol(s) | | Name of Each Exchange on Which Registered |
Class A Common Stock, $0.01 par value | | CMCSA | | NASDAQ Global Select Market |
0.250% Notes due 2027 | | CMCS27 | | NASDAQ Global Market |
1.500% Notes due 2029 | | CMCS29 | | NASDAQ Global Market |
0.750% Notes due 2032 | | CMCS32 | | NASDAQ Global Market |
1.875% Notes due 2036 | | CMCS36 | | NASDAQ Global Market |
1.250% Notes due 2040 | | CMCS40 | | NASDAQ Global Market |
9.455% Guaranteed Notes due 2022 | | CMCSA/22 | | New York Stock Exchange |
5.50% Notes due 2029 | | CCGBP29 | | New York Stock Exchange |
2.0% Exchangeable Subordinated Debentures due 2029 | | CCZ | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure
Beginning in the first quarter of 2021, Comcast Corporation will change its presentation of segment operating results relating to NBCUniversal, reflecting the reorganized operating structure in its television and streaming businesses to a centralized structure optimizing content creation, distribution and monetization. The operations of Peacock, which were previously reported in Corporate and Other, will now be included in NBCUniversal results, and the operations of NBCUniversal will now be presented in three reportable business segments: Media, Studios and Theme Parks. These changes have no effect on Comcast Corporation’s consolidated financial statements or results of operations. A summary of the NBCUniversal segments under the new reporting structure follows:
•Media: represents primarily our NBCUniversal cable networks and broadcast networks and television stations (previously reported in Cable Networks and Broadcast Television segments), and Peacock
•Studios: represents primarily our NBCUniversal film and television studio production and distribution operations (previously reported in Filmed Entertainment, Broadcast Television and Cable Networks segments)
•Theme Parks: represents primarily the operations of our Universal theme parks
Exhibit 99.1 contains unaudited segment financial information for 2019 and 2020 under the new structure.
Comcast Corporation does not intend for this Item 7.01 or Exhibit 99.1 to be treated as "filed" under the Securities Exchange Act of 1934, as amended, or incorporated by reference into its filings under the Securities Act of 1933, as amended.
Item 9.01. Exhibits
| | | | | | | | | | | | | | | | | | | | |
| Exhibit Number | | Description | | | |
| | | | | | |
| | | | |
| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
| | | | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| COMCAST CORPORATION |
| | | |
Date: | March 8, 2021 | | By: | /s/ Daniel C. Murdock |
| | | | Daniel C. Murdock | |
| | | | Executive Vice President, Chief Accounting Officer and Controller |
| | | | (Principal Accounting Officer) |