Comcast Sales, Profit Beat as 'Wicked' Lifts Film Studio.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Miller, Hannah 3 of 3

Abstract

Comcast Corp. exceeded revenue and profit expectations in the fourth quarter, driven by the success of its movie studio and theme parks. Universal Pictures' release of Wicked was a major hit, boosting studio revenue by 7%. Despite losses in video and broadband subscribers, Comcast's streaming service, Peacock, saw revenue growth. The company plans to spin off some cable networks while retaining Peacock and NBC News. Universal Studios theme parks also performed well, with flat sales and earnings surpassing projections. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/01, pN.PAG
  • Document Type:Article
  • Subject Area:Film
  • Publication Date:2025
  • Accession Number:182581596
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