NBCU Helps Comcast Smoke First Quarter Expectations


NBCUniversal seems to have been a sound investment for Comcast as the corporation reports a first-quarter net income of $1.4 billion (up 39 percent from last year). Add that to a first-quarter revenue increase of 22.7 percent—bringing its total revenue up to $14.9 billion—and you’re looking at quite the start to 2012. Much of the increased revenue came from Cable networks, broadcast TV, films and theme parks. [Deadline]