Comcast reports first earnings since NBC acquisition

Comcast has reported its first-quarterly results since closing the deal that saw it absorb NBC Universal. The combined group controls cable networks in the US and broadcast network NBC as well as numerous international pay TV channels including E!, Style, Syfy Universal and 13th Street Universal.

The new-look, enlarged Comcast reported quarterly revenue of US$12.1 billion (€8 billion) and an operating profit of US$2.2 billion.
“The performance of NBCUniversal was led by our cable networks, which posted strong growth across the board,” said Comcast CEO, Brian Roberts. “While we’ve only been operating the NBCUniversal businesses for three months, we’re encouraged by a seamless integration.”

Previous NBCU international boss Pete Smith had been targeting international revenues of US$5 billion before his departure earlier this year following the Comcast takeover. The management team of the combined entity, led by Jeff Shell and his lieutenant Kevin Maclellan have yet to issue any forecasts or comment on their side of the business.