David Cohen may be Comcast’s secret weapon, but in D.C. he’s a wonk rock star
In fall 2009, Comcast planned to launch an Internet service for the poor that was sure to impress federal regulators. But David Cohen, the company’s chief of lobbying, told the staff to wait. At the time, Comcast was planning a controversial $30 billion bid to take over NBC Universal, and Cohen needed a bargaining chip for government negotiations. “I held back because I knew it may be the type of voluntary commitment that would be attractive to the chairman” of the Federal Communications Commission, Cohen said.
The strategy was quintessential Cohen. The hard-charging 56-year-old veteran of Philadelphia politics and Democratic campaign bundler is Comcast’s chief dealmaker in Washington. In Cohen’s decade at the company, Comcast has ballooned in size through a series of mergers that he has steered through government approvals. Today, with $58 billion in annual revenue, Philadelphia-based Comcast is the nation’s biggest provider of broadband Internet and cable television and the owner of network television programs, a movie studio and broadcast stations across the country. Any company doing business in media or technology crosses paths with Comcast and usually comes with hat in hand, eager to reach the cable giant’s 22 million customers.
David Cohen may be Comcast’s secret weapon, but in D.C. he’s a wonk rock star