CMCSA Comcast Corporation Class A

Comcast Partners With The Hidden Genius Project to Help Black Male Youth Acquire Digital Skills and Enter the Tech Sector

Comcast NBCUniversal today announced a new $2 million grant to The Hidden Genius Project, furthering the company’s longstanding efforts to advance economic mobility through critical digital skills building.

This press release features multimedia. View the full release here:

Comcast Partners With The Hidden Genius Project to Help Black Male Youth Acquire Digital Skills and Enter the Tech Sector (Photo: Business Wire)

Comcast Partners With The Hidden Genius Project to Help Black Male Youth Acquire Digital Skills and Enter the Tech Sector (Photo: Business Wire)

A globally recognized nonprofit, The Hidden Genius Project trains and mentors Black male youth in technology creation, entrepreneurship, and leadership skills to transform their lives and communities. Comcast’s funding, which will be distributed over two years, will support The Hidden Genius Project’s expansion to new markets in Atlanta and Chicago this year.

Representation within the tech sector continues to be starkly inequitable. Black Americans occupy just of tech jobs, although they account for of the national population. Founded in 2012, The Hidden Genius Project has provided mentorship, career planning and tech skills training to hundreds of Black male high school youth in Oakland, Richmond and Los Angeles, CA, and Detroit, MI through their Intensive Immersion Program. Program participants have a 98% high school graduation rate with 95% entering post-secondary education and over 40% of alumni studying computer science or related fields. Building on this track record, Comcast’s funding will help even more former program participants gain post-secondary education and support the development of Genius Lab, an innovative new curriculum for young people of color to gain computer science, software development and entrepreneurship skills.

“Our continued partnership with Comcast NBCUniversal will equip us to engage even more Black youth with the skills, experiences, and networks to find their way into family-sustaining career pathways, including the tech sector,” said Brandon Nicholson, Ph.D., Chief Executive Officer of The Hidden Genius Project. “With ample access, our young people regularly realize their potential to pursue meaningful and exciting pathways, and subsequently create future opportunities not only for themselves, but also their entire community.”

“As the lack of digital skills continue to be a determinant of future economic opportunity, we must ensure that young Black men have access to the resources and programming that will put them on a path to success in our digital economy,” said Dalila Wilson-Scott, EVP and Chief Diversity Officer of Comcast Corporation and President of the Comcast NBCUniversal Foundation. “For years, The Hidden Genius Project has proven to be a key partner in helping young people acquire the knowledge and resources needed to ensure long-term upward mobility and create generational change. Comcast is proud to deepen our commitment to help empower these Geniuses and future leaders pave the way to even greater innovation and equity within the tech sector and beyond.”

This grant announcement marks the continuation of Comcast’s seven-year partnership with The Hidden Genius Project, which has enabled programmatic, volunteer and outreach collaboration in local communities across the country. The announcement is also a part of , Comcast’s $1 billion commitment to reach tens of millions of people in order to advance digital equity and help create a future of unlimited possibilities.

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 connectivity, aggregation, and streaming with 57 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, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit for more information.

About The Hidden Genius Project

The Hidden Genius Project trains and mentors Black male youth in technology creation, entrepreneurship, and leadership skills to transform their lives and communities. Headquartered in Oakland, California, the organization was founded in 2012 by a group of Black male tech entrepreneurs seeking to connect Black male youth with the skills, mentors, and experiences to leverage technology to thrive as individuals and improve their communities.

EN
27/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Vikash Harlalka
  • Vikash Harlalka

BEAD: Louisiana releases final proposal

Louisiana was the second state to release their final proposal at the end of last week. Virginia just beat Louisiana and was the first. Louisiana Local Fiber Consortium, which includes T-Mobile, was the big winner again. Surprisingly, Comcast was the only large Cable operator among the winners. The ILECs won less than we expected. Fiber continues to be the technology of choice for BEAD. In this short note, we discuss the proposal, compare the results with our estimates from Broadband Insights da...

Blair Levin
  • Blair Levin

Could the Trump/Carr Gambits Against CMSCA (and DIS) Backfire?

Recently, we published a note in which we laid out why we thought the FCC Chair’s investigation of CMSCA’s treatment of its network affiliates, like his prior investigation of DIS, was unlikely to lead to a judicially supported resolution; rather, the investigation was designed to provide Carr leverage in any FCC transaction involving CMSCA. We also just published a note discussing how the FCC and DOJ are likely to provide greater consolidation among broadcasters and cable channels, putting econ...

Vikash Harlalka
  • Vikash Harlalka

Autumn for Broadband 2Q25

In this installment of our Autumn for Broadband series, we provide a quick update on trends in the broadband market based on what we have seen from the companies that have reported so far. Net adds remained nearly flat compared to a year ago (when adjusted for ACP impact) but were within the pre-pandemic norm. Industry subscriber trends have mostly stabilized over the past 3 quarters, but y/y growth remains below pre-pandemic levels.

Vikash Harlalka
  • Vikash Harlalka

Comcast Post-2Q25 Model Update

In this note, we cover changes to our estimates, and comparisons with guidance and consensus. Please see separate notes reviewing results (here) and thoughts following the earnings call. The most significant changes are slightly lower broadband losses and higher FCF in 2025. No change to thesis. Price target is $37 (+12%).

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Thoughts following the 2Q25 call

In this note we provide our thoughts on connectivity revenue and EBITDA, the changes in pricing strategy, broadband ARPU growth and wireless net adds in back half of the year, fiber overbuilds, savings from tax reforms and usage of the proceeds. Finally, we touch on what to do with the stock.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch