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Comcast Sees Q2 Profit Rise on Broadband Sales, NBCU Rebound

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variety.com

Brian Steinberg Senior TV EditorComcast said second-quarter profit rose due to soaring sales of broadband services and a rebound in business at NBCUniversal, where advertising, movie operations and theme parks all improved as the nation works to move out of the coronavirus pandemic.The Philadelphia cable-and-entertainment giant said revenue from its cable operations rose 10.9% to $16 billion, while revenue at NBCUniversal rose 39.2%, to $8 billion.

Overall revenue in the second quarter rose 20.4% to $28.5 billion.Click here to sign up for Variety’s free Media Earnings newsletter.  More to come…..

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