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Comcast Sees Q1 Profit Dip on Cable and Ad Revenue Declines, Peacock Climbs to 41 Million Subscribers
Comcast said first-quarter net income fell 12.5% as revenue from its bedrock cable business dipped and ad revenue from its NBCUniversal revenue networks fell. The Philadelphia owner of NBC, Peacock and the Universal movie studio said overall revenue fell slightly to $29.89 billion, compared with $30.06 billion in the year-earlier period. Net income came to […]
Comcast said first-quarter net income fell 12.5% as revenue from its bedrock cable business dipped and ad revenue from its NBCUniversal revenue networks fell. The Philadelphia owner of NBC, Peacock and the Universal movie studio said overall revenue fell slightly to $29.89 billion, compared with $30.06 billion in the year-earlier period. Net income came to […]
