Media giant Comcast beat on its top and bottom line for the three months ended in June with theme parks and studio strong, even as the latter basks in another giant opening, for Opppenheimer, in th…
Mark Zuckerberg Says Threads Is "Off To A Great Start," Says Early Adoption May Be Due To Twitter Upheaval -- Update
“The consistent investments we’ve been making in our growth businesses continue to generate strong results and position us extremely well both now and into the future,” said CEO Brian Roberts. “Second quarter operational and financial performance was excellent and included a double-digit increase in Adjusted EPS and significant free cash flow generation,” he said, shouting out parks, Super Mario Bros., and nearly doubled paid Peacock subscribers year-over-year.
Content & Experiences, the entertainment, side, saw gains in parks and the studio, partly offset by a decrease in media that was driven in part by higher costs at Peacock as the service scales and lower domestic advertising revenue.
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