[220][221] The service was also planned for it to be available on Peacock in the United States. The SEC Filings on this page are provided by EDGAR (www.sec.gov), the Electronic Data Gathering, Analysis, and Retrieval System of the U.S. Securities and Exchange Commission (SEC). [186] Then on June 5, 2018, Culture Secretary Matt Hancock cleared both 21st Century Fox and Comcast's respective offers to acquire Sky plc. [190][191][192] On June 19, 2018, Disney formally agreed to acquire Sky News as part of Fox's proposed bid, with a 15-year commitment to increase its annual funding from 90 million to 100 million. This is a clear gift to Disney. [23] Legal expert Susan P. Crawford has said this gives him "effective control over [Comcast's] every step". Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Email. More than a thousand customers issued complaints about these unprecedented charges to their bill. [200], However, on July 12, 2018, the Department of Justice filed a notice of appeal with the D.C. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. In 2007, Tye joined the law firm of Morgan Hill, P.C., as an associate attorney. It would not include the Fox Broadcasting Company, Fox Television Stations, Fox Sports, and Fox News units, all which will be spun-off into a new independent company,[176] which is later known as the Fox Corporation since the 2019 launch. Executive Vice President Customer Experience. With the guidance and support of our Board of Directors, the Ad Council maximizes the industry's passion for social good. Board Member and President of the Sharon D. Lund Foundation. [102] Comcast quickly replaced the ten-year general manager at Garden State with their own executive, and eventually Garden State ceased operating under its own name and was fully merged to become a part of the Comcast Corporation. It also has significant holdings in digital distribution, such as thePlatform, which it acquired in 2006; and ad-tech company FreeWheel, which it acquired in 2014. A board of directors is essentially a panel of people who are elected to represent shareholders. Board of Directors. 305-559-4000 - Phone . [103], In 2001, Comcast announced it would acquire the assets of the largest cable television operator at the time, AT&T Broadband, for $44.5 billion. . Comcast develops broadband cable networks and is involved in electronic retailing and television programming content. In the fall of 2018, it finished construction of the 1,121ft (342m) Comcast Technology Center, Pennsylvania's tallest skyscraper, adjacent to its original headquarters. [163] Several states' attorneys general have announced support for the federal investigation. [92] That same year, Comcast became the third-largest cable operator in the United States, with around 3.5 million subscribers following its purchase of Maclean-Hunter's American division for $1.27 billion. $3,010,000. Comcast has no control over the information provided by EDGAR and cannot guarantee the sequence, accuracy, or completeness of any information or data displayed through EDGAR. Mr. Bacon has been a partner at RailField Partners, a financial advisory and asset management firm, since his retirement from Fannie Mae in March 2012, where he had served as the Executive Vice President of the multifamily mortgage business since July 2005. In response, Comcast increased its bid to $34 billion, and $19.5 a share. [32] In 2011, Comcast received criticism from Writers Guild of America for its policies regarding unions. Brian L. Roberts is Chairman and CEO of Comcast Corporation. Between 1999 and 2009, return on capital nearly tripled to 7%. hollywoodreporter.com - Georg Szalai 4h. [193], However, on June 20, 2018, Disney and Fox announced that they had amended their previous merger agreement, upping Disney's offer to $71.3 billion (a 10% premium over Comcast's $65 billion offer), while also offering shareholders the option of receiving cash instead of stock. In 2004 and 2007, the American Customer Satisfaction Index (ACSI) survey found that Comcast had the worst customer satisfaction rating of any company or government agency in the country, including the Internal Revenue Service. To learn more about Directors, click on the individual's name in the chart. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Previously, President of CBS News from 2011-2019, responsible for CBS News broadcasts and . Brian L. Roberts, chairman and CEO of Comcast Kenneth J. Bacon, former Fannie Mae executive Madeline S. Bell, president and CEO of Children's Hospital of Philadelphia Edward D. Breen (lead independent director), executive chairman and CEO of DuPont Gerald Hassell, former chairman and CEO of The Bank of New York Mellon He made his Major League Baseball (MLB) debut with the Baltimore Orioles in 2001 and played for the team until 2013. If you have a problem with Comcast, and you've called customer service, and you've escalated to a supervisor, and maybe even hung up and tried a different person, and you're still [236] Comcast's Customer Service Rating by the ACSI surveys indicate that the company's customer service has not improved since the surveys began in 2001. For the internet service provider previously branded as Comcast, see, Largest U.S. cable provider (2001present), Attempted acquisition of Fox and subsequence of Sky, All of Comcast's class B common stock, which controls 33.3% of voting power, is owned by CEO Brian Roberts. [81] In 1965, American Cable Systems purchased Storecast Corporation of America, a product placement supermarket specialist marketing firm. Accordingly, Comcast does not accept any responsibility for the content or use of any information obtained through EDGAR. Comcast intends to offer the selected candidate base pay dependent on job-related, non-discriminatory factors such as experience. [82] In 1968, American Cable Systems purchased its first franchise of Muzak, a brand of background music played in retail stores. [161] On March 6, 2014, the United States Department of Justice Antitrust Division confirmed it was investigating the deal. For new students, we take the time and care to arrange individual placement interviews to match you with the right teacher to meet your individual musical needs.Summer private . [101] The purchase of Lenfest also bought Comcast the remaining 50% stock of the cable operator Garden State Communications a company whom Comcast had already owned half of in partnership with Lenfest for years. Michelle Lund. [247], On August 8, 2016 an official Comcast employee confirmed that Comcast was changing native 1080i channels to the 720p60 format. This also means that a cable company can do well financially even though its customers are not particularly satisfied. Comcast Corporation, based in Philadelphia, is the largest cable company in the United States, ahead of Time Warner Cable, with more than 24 million subscribers. On September 22, 2018, Comcast outbid 21st Century Fox, by raising its bid for Sky plc to $40 billion, or $22.57 a share. [8] It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. None other than: Frank Carlucci (of The Carlyle Group) Television Holdings: CBS: includes 14 stations and over 200 affiliates in the US. Lift A Life Novak Family Foundation, Comcast Corp. [104] The proposed name for the merged company was "AT&T Comcast", but the companies ultimately decided to keep only the Comcast name, with the company and new assets reincorporated in Pennsylvania on December 7, 2001. [33], Despite these criticisms, Comcast has appeared on multiple "top places to work" lists. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The Theme Parks segment operates Universal theme parks in Orlando, Florida, Hollywood, California, Osaka, Japan, and Beijing, China. Copyright FactSet Research Systems Inc. All rights reserved. Secondary Contact. Mr. Breen is the Executive Chairman and Chief Executive Officer of DuPont de Nemours, Inc. Before becoming CEO, he was Executive Chairman of DuPont and previously served as CEO of DowDuPont and DuPont since 2015. [205] On September 25, 2018, Comcast bought a 30% stake of Sky plc. On November 18, 2002, Comcast officially acquired all assets of AT&T Broadband, thus making Comcast the largest cable television company in the United States with over 22 million subscribers. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. EDGAR performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the SEC. Berkshire's 2002 quarterly reports are scheduled to be posted on the Internet on May 11, August 10 and November 9. John Farris, Secretary. Mr. Bacon also serves as a director of Ally Financial Inc., Arbor Realty Trust, Inc. and Welltower Inc. and is a member of the National Multifamily Housing Council. Elizabeth sits on the Board of Directors for the Association of National Advertisers, the Ad Council and the YMCA of Greater New York and most recently joined the MMA Global Board of Directors. Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". ", "Comcast-Fox Deal Talks Latest Entry Into Media Merger Mania", "Comcast drops bid for Fox assets, leaving Disney in pole position", "Disney is buying most of 21st Century Fox for $52.4 billion", "Murdoch bid for Sky challenged by US giant", "Comcast Mulls Renewing Its 21st Century Fox Assets Pursuit Report", "Comcast May Make Another Bid for 21st Century Fox (Report)", "NBCU's Steve Burke Claims Comcast's $31B Sky Deal Will Boost Scripted TV & Film Fortunes, Fox Notes No "Firm Offer" Was Made; 21st Century Fox Reacts Update", "Disney Will Be Forced To Acquire All Of Sky If Fox's Takeover Of UK Pay Net Is Not Complete Before Mega-Deal", "Comcast starts 22bn bidding war for Sky", "Comcast's all-cash bid could pit Murdoch against Fox shareholders", "Sky bid battle looms after government nod", "U.K. Approves Fox's Sky Bid, Subject to Sale of Sky News, and Clears Comcast Offer", "Comcast makes $65 billion offer to steal 21st Century Fox away from Disney", "Comcast Clears EU Hurdle in $29 Billion Bid for Sky", "Comcast Clears EU Antitrust Hurdle for Sky Ahead of Disney Fight", "Walt Disney Agrees to Acquire Sky News, Annual Funding to Be Boosted to $130M", "Disney Sweetens Offer for Fox to $71 Billion, Outbidding Comcast", "Disney wins US antitrust approval to buy Fox assets", "Disney, Fox Set Shareholder Voting Date for $71 Billion Deal", "Disney and Fox schedule July 27 shareholder votes on merger upping pressure on Comcast", "Murdoch's Fox increases Sky bid to 24.5bn in takeover battle", "Comcast Raises Bid for Sky as Regulatory Decision Accelerates Sale Process", "Sky Hearing on Same Day as Fox Vote Complicates Comcast Bid", "Here's what the DOJ needs to happen to win its appeal against AT&T", "DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson", "Comcast unlikely to raise Fox bid; focused on Sky: Sources", "Comcast drops bid for 21st Century Fox, clearing way for Disney", "Comcast outbids 21st Century Fox for Sky", "Disney-Fox to sell Sky stake to Comcast", "Recommended mandatory superior cash offer for Sky: Compulsory acquisition of Sky shares", "Comcast looks to Sky deal as US cord cutting hits home", "Comcast to acquire startup Levl for an estimated $50 million", "Comcast Adds ESPNU and ESPN360.com to Line Up With Content On Television, On Demand and Online", "Comcast Buys DreamWorks Animation For $3.8 Billion In Race Against Disney", "Comcast buys DreamWorks Animation in $3.8 billion deal", "Comcast Buying DreamWorks Animation for About $3.55B", "Comcast to Buy DreamWorks Animation for $3.8 Billion", "Leading European pay TV operators by revenue 2018", "Phone Scandal Poses Defining Test for a Murdoch Son", "Sky and NBC team up for new global news channel under owner Comcast", "NBCUniversal Delays Launch of NBC Sky World News", "Cancellation of NBC Sky World News plan leaves 60 out of job", "Comcast Abandons Plan To Launch International News Channel NBC Sky World News", "NBC News unveils 'Signal,' its streaming network for cable-cutters", "Comcast Buys Ad-Supported Streaming Service Xumo", "Why Comcast agreed to buy Xumo, an ad-supported free streaming service", "Comcast Acquires Xumo Free-Streaming Video Service", "Comcast Launches XClass TV, Its First TV Sets in the U.S., Taking Streaming Platform Direct-to-Consumer", "Cable Giants Comcast and Charter Team Up on Streaming Devices", "Comcast and Charter team up in hopes of toppling Roku, Amazon streaming hardware", "Comcast, Charter Form Joint Venture to Launch Nationwide Streaming Platform", "Comcast, Charter Streaming Joint Venture Branded as 'Xumo'. [209], Comcast Cable, which goes by the brand name Xfinity, provides cable television, broadband internet, and home telephone services. [86][93] Comcast grew to 4.3 million subscribers the following year with the purchase of the cable operation of E. W. Scripps Company for $1.575 billion in stock. It provides services to U.S. residential and commercial customers in 40 states and the District of Columbia. Fundamental company data and analyst estimates provided by FactSet. [75], According to watchdog group Documented, in 2020 Comcast contributed $200,000 to the Rule of Law Defense Fund, a fund-raising arm of the Republican Attorneys General Association that was shown to have provided funding to the Save America March that devolved into an attack on the U.S. Capitol on January 6, 2021.[76]. [34] Similarly, the Philadelphia Business Journal awarded Comcast the silver medal among extra-large companies in Philadelphia, with the gold medal going to partner organization, Comcast-Spectacor. [122] A gold trophy in the shape of a pile of human feces was delivered to Comcast Corporate Headquarters to commemorate the unmatched level of enmity flowing from their customer base to their business. Comcast's corporate governance practices and policies promote fairness, transparency and accountability and reflect the Company's commitment to integrity in its dealings with all of its stakeholders. "[177] On December 14, Disney officially confirmed its acquisition of 21st Century Fox for $52.4 billion in stock, pending review from the United States Department of Justice Antitrust Division.[178]. . Comcast executive David Cohen has joined PNC's board of directors. According to The Wall Street Journal nearly two thirds of the flights of Comcast's $40 million corporate jet purchased for business travel related to the NBCU acquisition, were to CEO Brian Roberts' private homes or to resorts. President, Connectivity Services and Consumer Experience. [141][142] The transaction was completed on January 28, 2011. Andy Davis's Phone Number and Email Last Update. [156], Critics noted in 2013 that Tom Wheeler, the head of the FCC, which has to approve the deal, is the former head of both the largest cable lobbying organization, the National Cable & Telecommunications Association, and as largest wireless lobby, CTIA The Wireless Association. [80][84] In 1977, HBO was first launched on a Comcast system with 20,000 customers in western Pennsylvania with a five-night free preview getting a 15% sign up rate. Comcast Corp., Cable Television Laboratories, Inc. Urban Institute, Arbor Realty Trust, Inc., Comcast Corp., Revel & Underwood, Inc., Real Estate Executive Council, Martha's Table, Inc., Forest City Enterprises LP, Ally Financial, Inc., Welltower, Inc. Big Brothers Big Sisters of New York City, Inc., Comcast Corp., National September 11 Memorial & Museum at the World Trade, Duke University, The Bank of New York Mellon (New York, New York), The Partnership for New York City, Lincoln Center for the Performing Arts, Inc., MetLife, Inc., Metropolitan Life Insurance Co. American Beverage Association, Pepsi-Cola Bottlers Association, Germantown Academy, St. Joseph's University, Comcast Corp. [187][188] Eight days later, Comcast officially announced a $65 billion counter-offer to acquire the 21st Century Fox's assets that Disney offered to purchase. [89], In February 1990, Ralph Roberts' son, Brian L. Roberts, succeeded his father as president of Comcast. He was named President of Comcast Corporation in 1990 when the company had $657 million in annual revenue. Ian.Frazer@lennar.com Comcast's executive vice president, David Cohen, admitted the company needed to improve their customer service. [86][87] Also that year, Comcast made a founding investment of $380 million in QVC. [171] The partnership and the addition of wireless would allow Comcast to offer a quadruple play of services. A company training manual says, "Comcast does not feel union representation is in the best interest of its employees, customers, or shareholders". ); the film studio Universal Pictures; the VOD streaming service Peacock; animation studios (DreamWorks Animation, Illumination, Universal Animation Studios) and Universal Parks & Resorts. Brian L. Roberts is Chairman and CEO of Comcast Corporation. This document, together with the Articles of Incorporation, comprises Comcast's governing instruments. [207] The merger was completed on November 7, 2018 when the company was delisted after becoming a wholly owned subsidiary and division of Comcast. Date Posted: February 21, 2023 Salary: $16,337.00 - $19,858.00 Monthly Description: The Deputy General Counsel will perform varied professional legal work with emphasis on the County Employees Retirement Law of 1937 (CERL) and the California Public Employees' Pension Reform Act of 2013 (PEPRA); analyze Board of Retirement policies, regulations and guidelines to ensure compliance with . Ms. Henry is an independent director. He served as President and Chief Executive Officer of the Company from 2006 - 2020. Rupert H. Johnson, Jr. Jennifer M. Johnson * Chairman of the Franklin Resources, Inc. Board of Directors Post Office Box 5061, Monroe, Louisiana 71211. boardinquiries@lumen.com. Pay Range: $150,713.72 - $226,070.58. ", "Comcast to buy DreamWorks Animation for 2.6bn", "Comcast in Discussions to Buy DreamWorks Animation, WSJ Reports", "Comcast Completes $3.8 Billion Purchase of DreamWorks Animation", Comcast confirms plans to launch mobile phone service in 2017, "Comcast confirms plans to launch mobile phone service in 2017", "Comcast Is Launching a Wireless Service Next Year", "RPT-Comcast builds out "smart home" strategy as cable shrinks", "Comcast plunges again into cell phone service. Board of Directors Christopher Cashman Carolina DiGiorgio, Esq. Chair and Chief Executive Officer. Edward D. Breen, Director, Comcast Corporation Edward D. Breen* has served as a director since February 2014. [185] Eight days later, several Fox investors expressed interests in signing a deal with Comcast due to their all-cash offer as opposed to Disney's $52.4 billion stock offer. [196][197], On July 11, 2018, 21st Century Fox raised its bid to purchase Sky plc assets to $32.5 billion, and $18.57 a share. Ellen Friedell, Barrie Trimingham, Settlement Music School's board chair and Helen Eaton, Executive Director of Settlement Music School at the School's 107th Anniversary Gala at Hyatt at The Bellevue Philadelphia Hotel on May 2, 2015. . Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. [62] Comcast employs multiple former U.S. In 2009, it was included on CableFAX magazine's "Top 10 Places to Work in Cable", which cited its "scale, savvy and vision". [230], In April 2022, Comcast and Charter Communications announced that they would form a joint venture to form a "next-generation streaming platform", with Comcast contributing its Xfinity Flex, XClass TV, and Xumo businesses. Read more on hollywoodreporter.com. He is on the Advisory Board of Tsinghua University School of Economics and Management. [120] There was also Cloudmark spam and phishing protection and Trend Micro antivirus. Adobe's leadership and corporate governance documents outline the procedures and practices to guide the Board's duty as a fiduciary for its stockholders' long-term interests. Comcast's NHL deal obligated them to create a U.S. version of NHL Network, launched in October 2007. An All-American in squash, Brian competed six times in the Maccabiah Games in Israel. [154], In 2014, critics expressed concern that the deal would give Comcast greater negotiating power in a number of areas, including rebroadcast fees with television channels,[155] and peering agreements with ISPs. However, on December 11, 2017, Comcast officially dropped the bid, saying that "We never got the level of engagement needed to make a definitive offer. Comcast Business offers ethernet, internet, Wi-Fi, voice, television and managed enterprise services to organizations. Fox's offer is contingent on the divestiture of Sky News. Director of Financial Assets Letters from Annual Reports (1977 through 2001), quarterly reports, press releases and other information about Berkshire may be obtained on the Internet at berkshirehathaway.com. On May 19, 2009, Disney and ESPN announced an agreement to allow Comcast Corporation to carry the channels ESPNU and ESPN3.[211]. [239], Comcast spends millions of dollars annually on lobbying. [256], Comcast reported total CO2e emissions (direct + indirect) for the twelve months ending 31 December 2020 at 2,291 Kt (-249 /-9.8% y-o-y). Can it overcome past failures? [227][228][229], On October 19, 2021, Comcast announced "XClass TV", a line of smart TVs manufactured by Hisense that would be powered by the X1 software platform used by its cable services. On November 1, 2009, The New York Times reported Comcast had moved closer to a deal to purchase NBC Universal and that a formal announcement could be made sometime the following week. Mr. Angelakis currently serves on the board of directors of the Federal Reserve Bank of Philadelphia. Comcast Board Members Name & TitleBio Brian L. Roberts CEO Brian Michael Roberts (born October 9, 1977) is an American former professional baseball second baseman. Our board currently consists of 10 directors. Circuit to reverse the District Court's approval for AT&T acquisition of Time Warner (now renamed WarnerMedia). [73] Comcast and other cable companies have lobbied state governments to pass legislation restricting or banning individual cities from offering public broadband service. ACTIVE DIRECTOR JAMES CAMPBELL Senior Director, Government Affairs Altice USA. Detailed Quotes Tools Email Alerts RSS Feeds IR Contact FAQs [115][116] Comcast previously owned approximately 30% of Susquehanna Communications through its affiliate company, Lenfest. [150], On February 12, 2014, the Los Angeles Times reported that Comcast sought to acquire Time Warner Cable in a deal valued at $45.2 billion. The Xfinity Customer Commitment. She is a member of Adweek's Diversity, Equity and Inclusion Council and the Global Sponsor of the colleague Diversity Action Network at American Express. DAN GONZALEZ Group Vice-President, State Government Affairs Charter Communications. Corporate Brian L. Roberts Chairman & Chief Executive Officer View Bio Jason S. Armstrong Chief Financial Officer & Treasurer View Bio Lisa Bonnell Executive Vice President, Comcast Global Audit & General Auditor View Bio Francis M. Buono Executive Vice President, Legal Regulatory Affairs & Senior Deputy General Counsel View Bio Comcast Cable. [108] The deal would have made Comcast the largest media conglomerate in the world. They primarily carried local programs and sports (including, in some cases, serving as the designated overflow channel for local regional sports networks). At Dell Technologies, all our Digital Leaders are innovation pioneers, driving the technological revolution forward. In 2011, the company formed a joint venture with General Electric that gave it a 51% interest in NBCUniversal (NBCU). Board Member and Management Consultant. (see, Meg James "Los Angeles Times" February 12, 2013, Last edited on 27 February 2023, at 23:10, National Cable & Telecommunications Association, Attempted purchase of Time Warner Cable by Comcast, United States Department of Justice Antitrust Division, How to Train Your Dragon: The Hidden World, Acquisition of 21st Century Fox by Disney, Bloomberg profile on Comcast Holdings Corporation, "Comcast Corporation 2022 Annual Report (Form 10-K)", "Comcast, Form 8-K, Current Report, Filing Date Jan 31, 2011", "Comcast, Form 8-K, Current Report, Filing Date Feb 12, 2013", "Comcast, Form 8-K, Current Report, Filing Date Mar 19, 2013", "Comcast Completes Acquisition Of GE's 49% Stake In NBCUniversal", "Comcast Tops Q3 Earnings Forecast After $40 Billion Sky Deal", "Comcast Is Crowned Consumerist.Com's 2010 'Worst Company in America', J.D. Haley Scheer. Greg Butz. [67] Comcast's PAC, the Comcast Corporation and NBCUniversal Political Action Committee, is among the largest PACs in the U.S., raising about $3.7 million from 2011 to 2012 for the campaigns of various candidates for office in the United States Federal Government. The ACSI indicates that almost half of all cable customers (regardless of company) have registered complaints, and that cable is the only industry to score below 60 in the ACSI. It does not purport to be complete or to describe the consequences that may apply to you given your particular taxes. Comcast offers low cost internet and cable service to schools, subsidized by general broadband consumers through the U.S. government's E-Rate program. [107], On February 11, 2004, Comcast announced a $54billion bid for The Walt Disney Company, including taking on $12billion of Disney's debt. This section contains the composition and charters of our Board's committees. Congressmen as lobbyists. Today, Comcast Corporation has approximately 186,000 employees worldwide and $121 billion in annual revenue. Officers of the Foundation Lorina Marshall-Blake President Juan Lopez Treasurer Community Report In this role . Minimum 15 min delayed. [249], On December 21, 2018, Minnesota State Attorney General Lori Swanson filed a lawsuit against Comcast in Hennepin County over allegations that the company had overcharged customers for cable packages, added home security, service protection plans, modem and other equipment packages to customers bills without their consent, and did not give customers the prepaid 200$ Visa cards they promised to give if customers kept up-to-date on their monthly bills for 90 days on their advertisements. 142 ] the transaction was completed on January 28, 2011 161 on! Directors is essentially a panel of people who are elected to represent shareholders more than a thousand issued! Bought a 30 % stake of Sky News L. 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