{"id":5098,"date":"2013-07-31T00:00:00","date_gmt":"2013-07-31T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/2013\/07\/31\/nbcu-helps-lift-comcast-q2-results\/"},"modified":"2013-07-31T00:00:00","modified_gmt":"2013-07-31T00:00:00","slug":"nbcu-helps-lift-comcast-q2-results","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/nbcu-helps-lift-comcast-q2-results\/","title":{"rendered":"NBCU Helps Lift Comcast Q2 Results"},"content":{"rendered":"

NEW YORK: <\/span><\/span>Revenue for NBCUniversal increased 8.9 percent to $6 billion in the second quarter, helping to boost Comcast Corporation’s overall results.  <\/span><\/span><\/p>\n

Operating cash flow for NBCU rose 21.3 percent to $1.2 billion, led by Filmed Entertainment and Cable Networks. Revenue from the Cable Networks segment grew 7.7 percent to $2.4 billion, reflecting a new content licensing agreement, a 4.4-percent increase in distribution revenue and a 5.7-percent increase in ad revenue. <\/span><\/span><\/p>\n

Revenue from the Broadcast Television segment rose 11.6 percent to $1.7 billion, led by a 13-percent increase in ad revenue, thanks to higher prime-time ratings at the NBC broadcast network led by The Voice<\/em>. There were also higher retransmission consent fees, which were partially offset by lower content licensing revenue due to the timing of content availability. <\/span><\/span><\/p>\n

For Filmed Entertainment, revenue grew 12.8 percent to $1.4 billion, driven by the successful box-office performance of Fast and Furious 6<\/em>. Revenue from the Theme Parks segment increased 1.1 percent to $546 million. <\/span><\/span><\/p>\n

For the quarter that ended June 30, Comcast reported revenue of $16.3 billion, up from the $15.2 billion in the same period in 2012. Operating income increased 11.6 percent, to $3.4 billion. Net income was up 28.6 percent for the quarter, to $1.7 billion. <\/span><\/span>
\n<\/span><\/span><\/p>\n

Brian L. Roberts, the chairman and CEO of Comcast Corporation, said, “We are pleased with our results this quarter. Cable had outstanding growth, particularly in high-speed Internet, and NBCUniversal had strong performance across all of its businesses. Our focus on delivering innovative products and a superior customer experience is driving our success, including stronger video, voice and business services results in cable. NBCUniversal has real momentum, with solid growth in revenue and double-digit cash flow growth. We have a fantastic combination of cable and content businesses with many opportunities ahead.” <\/span><\/span><\/p>\n

 <\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK: Revenue for NBCUniversal increased 8.9 percent to $6 billion in the second quarter, helping to boost Comcast Corporation’s overall results.  Operating cash flow for NBCU rose 21.3 percent to $1.2 billion, led by Filmed Entertainment and Cable Networks. Revenue from the Cable Networks segment grew 7.7 percent to $2.4 billion, reflecting a new …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-5098","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"\nNBCU Helps Lift Comcast Q2 Results<\/title>\n<meta name=\"description\" content=\"NBCU Helps Lift Comcast Q2 Results. NEW YORK, July 31: Revenue for NBCUniversal increased 8.9 percent to $6 billion in the second quarter, helping to boost Comcast Corporation's overall results. . 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