Tag: Comcast Corporation

Comcast Corporation will create a new business encompassing NBCUniversal's cable networks, including USA Network and MSNBC, under the leadership of Mark Lazarus.

Boosted in part by the Summer Olympics, Comcast Corporation saw gains in Q3, with overall revenues up 6.5 percent and content and experiences revenues up almost 20 percent.

Comcast Corporation's second-quarter revenues were down 2.7 percent to $29.7 billion, with profit falling by 7.5 percent to $3.9 billion.

Comcast Corporation posted a modest gain in revenues in Q1 as it reported improved numbers at Peacock while seeing erosion in its base of pay-TV subscribers.

Net income at Comcast Corporation was up 7.8 percent in the fourth quarter to $3.3 billion on revenues that rose 2.3 percent to $31.25 billion.

U.S. advertising and studio revenues at NBCUniversal slipped in Q3, with overall revenues at parent company Comcast Corporation largely stable at $30.1 billion.

Second-quarter revenues at Comcast Corporation rose by 1.7 percent to $30.5 billion, delivering a net income for the period that was 25.1 percent higher at $4.3 billion.

First-quarter revenues at Comcast Corporation were down 4.3 percent to $29.7 billion, while net income was up by 8 percent to $3.8 billion.

Revenues at NBCUniversal in the fourth quarter rose by almost 6 percent to reach $9.9 billion, while parent company Comcast Corporation was stable at $30.6 billion, with a net income that slipped by 1.1 percent to $3 billion.

In the absence of the Olympics and the Super Bowl, video customer losses and an impairment charge from its Sky business, Comcast Corporation reported a Q3 net loss of $4.6 billion on revenues of $29.8 billion, a slight year-on-year decline, with an adjusted net income of $4.2 billion, a 4.5 percent gain.