Comcast Appoints Elizabeth Schimel Senior Vice President, Online Content Development

Comcast Appoints Elizabeth Schimel Senior Vice President, Online Content Development

PHILADELPHIA, March 31 /PRNewswire/ -- Comcast, the nation's Number One broadband provider, today announced the appointment of Elizabeth Schimel as senior vice president of content development, for its Online division. Schimel will report to David Juliano, president of Comcast Online and Voice Services.

In her new role, Schimel will build on the success of Comcast.net, Comcast's award-winning consumer portal, by delivering additional best-in- class content through new strategic partnerships. Schimel will also work closely with Comcast's Video and Voice Services businesses to develop cross- functional products that share content for the connected home.

"Liz's unparalleled blend of industry relationships, deal-making skills and technology expertise will further enhance our efforts to creatively deliver best-in-class content over broadband, making Comcast.net the most valuable online destination available today," explained David Juliano, president of Comcast Online and Voice Services.

"Comcast provides our customers the best broadband experience by combining premier content with our innovative built-for-broadband applications, such as The Fan(TM). Along with serving up thousands of videos each day from Disney, CNBC, ABC, CBS, FOXSports, MLB, USAToday, and more, our patented broadband multimedia video player also offers unique video search capabilities. This successful execution of our guiding principle: it's all about speed and what you can do with it, has led Comcast to become the nation's Number One broadband provider with 7 million customers. We look forward to further enhancing our Comcast.net content in 2005 with Liz on our growing team," added Juliano.

Previously, Schimel served as vice president of consumer business development at AT&T Wireless Services, where she led the content strategy and execution of new business initiatives for wireless Internet portal and messaging applications. She also ran AT&T Wireless' ring tone and downloadable content business, a significant revenue driver for the carrier. Her accomplishments included the launch of a series of first-to-market wireless products in the United States, including the single-largest text- messaging event ever, in partnership with the television series American Idol.

Prior to AT&T Wireless, Schimel held key senior leadership positions with major media, entertainment and financial organizations. These roles included senior vice president of global business development at Soundview Technology Group where Schimel played a key role in creating and structuring multi- million dollar transactions for Internet and technology companies.

Schimel also held a series of executive positions with major media conglomerate Bertelsmann AG, where she was responsible for launching and running BMG's online music service, heading worldwide operations for their video game businesses and running marketing and strategic development of electronic publishing. As vice president and general manager of BMG Entertainment's Online Division, Schimel pioneered the company's online and digital music business and negotiated partnerships with major media brands, including forming GetMusic, a joint venture between BMG and Universal Music.

Schimel earned MBA and MA degrees in Finance, Strategic Management, and Asian Studies from the Wharton School, University of Pennsylvania.

"I am thrilled to be joining Comcast, which I believe to be our country's most innovative broadband, media, and entertainment company," said Liz Schimel, senior vice president, content development for Comcast Online. "And as our country's Number One broadband Internet provider, Comcast sets the standard for the online content experience. Its built-for-broadband portal and base of 7 million customers make it an incredibly attractive platform for providers to showcase their content."

About Comcast Online

Comcast is the nation's Number One broadband provider, with 7 million customers to date. Comcast's continued industry leadership marks the successful execution of its strategy of combining a 100% Pure Broadband(TM) connection, built-for-broadband applications, and best-in-class content.

In 2004 alone, Comcast added content from: ABC; CBS; CNBC; Disney; FOXSports.com; The Golf Channel; MLB.com; Planeta; Scripps' Do It Yourself (DIY), Fine Living, Home & Garden Television (HGTV), and Food Network; USAToday; Weather Channel; and more - and ended the year with a record addition of 1.707 million new subscribers (as reported in its Q4 '04 earnings press release).

Its consumer portal - Comcast.net - also won the prestigious Gold SPD (Society of Publication Designers Award) in 2004.

About Comcast

Comcast Corporation (NASDAQ:CMCSA)(NASDAQ:CMCSK) (http://www.comcast.com/) is the nation's leading provider of cable, entertainment and communications products and services. With 21.5 million cable customers and 7 million high-speed Internet customers, Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.

The Company's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, Outdoor Life Network, G4, AZN Television, TV One and four Comcast SportsNets. The Company also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.

Source: Comcast Corporation

CONTACT: Jeanne Russo of Comcast, +1-215-981-8552, Jeanne_Russo@comcast.com

Web site: http://www.comcast.com/

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