Comcast Corporation (CMCSA) 2026 Evercore Global TMT Conference June 2, 2026 4:20 PM EDT
Company Participants
Matthew Strauss – Chairman of NBCUniversal Media Group
Conference Call Participants
Kutgun Maral – Evercore ISI Institutional Equities, Research Division
Presentation
Kutgun Maral
Evercore ISI Institutional Equities, Research Division
All right. Welcome, everybody. My name is Kutgun Maral. I’m the Media, Cable and Telco Analyst at Evercore ISI. And we’re very pleased today to welcome Matt Strauss from Comcast with us. Matt is, of course, the Chairman of NBCUniversal Media Group. Matt, thanks so much for being here.
Matthew Strauss
Chairman of NBCUniversal Media Group
Thank you for having me.
Question-and-Answer Session
Kutgun Maral
Evercore ISI Institutional Equities, Research Division
Yes, absolutely. So you’ve been at Comcast for more than two decades. In 2019, you moved over to NBCUniversal to help lead the launch of Peacock. Today, you lead NBC Media Group, which looks very different today than it did just a few years ago. The portfolio is more focused after VERSANT. Peacock is scaling with its losses narrowing, and the NBA is now part of the company’s broader sports strategy. So let’s start with the big picture. What is the NBCUniversal Media business that you’re trying to build to over the next 3 to 5 years? And what does success look like?
Matthew Strauss
Chairman of NBCUniversal Media Group
Yes. Well, when you take a step back, I mean, NBCUniversal obviously is made up of our film group, our programming television group, our theme parks and the media group. And the media group is really made up of NBC, Bravo, Peacock, NBC Sports, NBC News, Telemundo and our local stations. And one of the things when we spun off VERSANT and some of those cable networks, it really gave us an opportunity to evaluate how to operate those media assets more like a portfolio. There’s a reason why
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