Comcast Builds on Longstanding Commitment to Olympic & Paralympic Movement With Team USA Partnership & New LA28 Olympic & Par...
March 15 2021 - 9:09AM
Business Wire
Comcast and LA28 to highlight diversity, equity
and inclusion efforts with commitment to lasting social impact
Today, Comcast announced it has expanded its longstanding
commitment to the Olympic and Paralympic Games, extending its
partnership with Team USA through 2028 and unveiling a founding
partnership with the LA28 Olympic and Paralympic Games.
“Supporting Team USA is one of our greatest honors, and we are
proud to extend this special partnership and begin the exciting
journey toward the LA28 Games,” said Brian L. Roberts, Chairman and
CEO of Comcast Corporation. “Every Games year, our company comes
together to share the extraordinary moments and stories of the
world’s best athletes and celebrate their hope and resiliency. It
is truly a privilege to be able to bring that inspiration home to
America for years to come, and we’re looking forward to doing just
that this summer in Tokyo.”
As Founding Partner of the LA28 Olympic and Paralympic Games,
Comcast will work with LA28 over the next several years to drive
lasting social change and build a more equitable and inclusive
society, including by championing the Paralympic Movement as Los
Angeles prepares for its first-ever Paralympic Games. These efforts
will support LA28’s Diversity, Equity and Inclusion Collective,
raising awareness for underrepresented communities.
“Our journey to the LA28 Olympic and Paralympic Games is fueled
by limitless possibility,” said Casey Wasserman, LA28 Chairperson.
“As we look to inspire and connect with the next generation of fans
across Los Angeles and around the world, we will share thousands of
stories of sport, creativity and inclusion. Comcast is the perfect
partner to bring those stories to life and we look forward to
working together over the next eight years to create real,
sustainable, positive change in our communities.”
Under the new agreement, Comcast brands, including Xfinity and
Comcast Business, will continue as the official communications
services provider to consumers and businesses, including Internet,
video distribution, wireless and electronic home security for Team
USA for Beijing 2022, Paris 2024, Milan Cortina 2026 and Los
Angeles 2028. Comcast has been an Official Partner of Team USA
since 2017.
This partnership builds on Comcast NBCUniversal’s long-standing
commitment to the Olympic Games. For decades, NBC has been home to
the incredible stories and inspiration of the Olympic and
Paralympic Games for millions of Americans, a legacy that Comcast
embraced when it acquired NBCUniversal in 2011, immediately
securing the U.S. broadcasting rights from the International
Olympic Committee, which now extend through 2032.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and
technology company that connects people to moments that matter. We
are principally focused on broadband, aggregation, and streaming
with over 56 million customer relationships across the United
States and Europe. We deliver broadband, wireless and video through
our Xfinity, Comcast Business and Sky brands; create, distribute,
and stream leading entertainment, sports, and news through
Universal Filmed Entertainment Group, Universal Studio Group, Sky
Studios, the NBC and Telemundo broadcast networks, Peacock, NBC
News, NBC Sports, Sky News, and Sky Sports; and provide memorable
experiences at Universal Parks and Resorts in the United States and
Asia.
About LA28
The LA28 Olympic and Paralympic Games will be a platform of
inclusion and creativity for athletes and fans around the world,
harnessing Los Angeles’ diversity, optimism and youthful energy.
LA28 will mark Los Angeles’ third time to host the Olympic Games
(previously hosted in 1984 and 1932) and first time to host the
Paralympic Games. The LA28 Games Plan will use existing world-class
stadiums and sports venues across the Los Angeles region, ensuring
a sustainable and fiscally responsible event. The LA28 Games are
independently operated by a privately funded, non-profit
organization with revenue from corporate partners, consumer
products, hospitality and ticketing programs and a significant
contribution from the International Olympic Committee.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210315005461/en/
Kate Finn Katherine_Finn@comcast.com 215-749-2333
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Comcast (NASDAQ:CMCSA)
Historical Stock Chart
From Apr 2023 to Apr 2024