Comcast Corporation (CMCSA) CEO Brian Roberts Presents at Goldman Sachs 29th Annual Communacopia Conference (Transcript)

Sep. 15, 2020 12:58 PM ETComcast Corporation (CMCSA)
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Comcast Corporation (NASDAQ:CMCSA) Goldman Sachs 29th Annual Communacopia Conference September 15, 2020 9:40 AM ET

Company Participants

Brian Roberts - Chairman & Chief Executive Officer

Conference Call Participants

Brett Feldman - Goldman Sachs

Brett Feldman

Hi. Well, welcome back. I'm Brett Feldman, Goldman's U.S. telecom cable and media analyst. And it's my pleasure to welcome you back to Communacopia for I really don't know how many times, our longest tenured presenter, Brian Roberts, the Chairman and CEO of Comcast. Brian, thanks for being here with us today.

Brian Roberts

Well, thanks, Brett. That's a great distinction, I guess. But I'm excited to be back very much so.

Question-and-Answer Session

Q - Brett Feldman

All right. Well, Comcast is one of the most diversified communications, media and entertainment companies presenting at Communacopia, what do you see as the strengths of your diversified portfolio over the long term?

Brian Roberts

Well, let's start with the fact that Communacopia itself was designed to talk about convergence. And if you do go back what 20 years, I think convergence is happening, and it's really going to continue happening in a major way for a lot of companies, and for consumers. And I think that's what – where I would start.

I would say that, if you look at the big tech companies, they're all about now getting into media. If you look at the media companies, they're trying to use new technologies like streaming and other platforms to distribute their content. And if you think about all of that, what's the center of that, regardless of what side you're coming from its broadband and the Internet. And broadband is really the enabler. And the best thing for Comcast is we're there. We saw this coming. I feel really confident that we're one of the best positioned companies to play offense in this environment.

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