Comcast Generates an Extra $2.2 Billion From Olympics, Super Bowl, But Sees Q1 Profit Slip
News Source : Variety
News Summary
- Comcast’s media operations, which comprise NBCU, saw revenue soar almost 61% to $7.28 billion.
- Comcast added 435,000 new mobile lines during the quarter, increasing its mobile customer base to 9.7 million mobile customers.
- Comcast was able to make improvements in its large cable operation, narrowing losses of broadband consumers.
- Peacock nearly doubled revenue to $2.1 billion, while its quarterly loss doubled to $432 million.
- Executives called for the streaming outlet to be profitable in the second quarter.
What kind of business tightrope are media companies walking in 2026? Comcast generated an extra $2.2 billion due to NBCs February telecasts of the Winter Olympics from Milan Cortina and the Super Bo [+1637 chars]
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