businessSource: CNBCPublished
Comcast's NBCUniversal division shows strength
business · CNBCComcast's NBCUniversal division reported growth in TV and film businesses, with streaming platform Peacock reaching profitability. The company's broadband unit, however, reported customer losses and revenue decline. Comcast plans to split its media and broadband businesses into separate companies.
At a glance
- NBCUniversal's streaming service Peacock became profitable for the first time since its launch in 2020.
- Comcast's broadband unit reported customer losses and revenue decline, despite a shift in strategy.
- The company plans to split its media and broadband businesses into separate publicly traded companies.