Comcast's NBC Revs Down 3.7 Percent
Comcast today reported more than a 50% increase in its overall revenues but NBCUniversal’s revenues increased only .8 percent, with broadcast down 3.7, the company said.
That’s broadcast revenues of $1.8 billion dollars and a loss of $80 million, reflecting “lower revenue as well as higher marketing costs and acquisition-related accounting revisions.”
NBCUniversal’s cable network revenue increased 5 percent to $2.2 billion for profits of $923 million.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in