NBCU Q2 Earnings Up

NEW YORK: Second-quarter profit at NBC Universal was up by 13 percent to $607 million, on revenues that were up 5 percent to $3.75 billion.

For the six months ended June 30, 2010, meanwhile, revenues were up 14 percent to $8.1 billion, but segment profit dipped 13 percent to$806 million. Presenting the results, GE executives hailed the strength of the cable segment, particularly the entertainment networks USA, Bravo and Oxygen, as well as the business news net CNBC, where profit was up 9 percent.

The broadcast division reported strong double-digit sales group, and the Upfront results were better than expected.