NBC Hurting Comcast's Bottom Line

Broadcaster's operations struggles dominate earnings call

Comcast's acquisition of NBC Universal closed at the end of January, but the deal still dominated the discussion during a conference call Comcast held Wednesday to discuss its performance during the first quarter of this year. And not in the way Comcast might have liked.

The continuing struggles of NBC's broadcast operation were highlighted by a sharp revenue decrease—down almost 35 percent compared to the same period last year. That decline, though, was primarily caused by the lack of the $782 million that the network made thanks to the Olympics last year.

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