Plus Icon
Brian Steinberg
Senior TV Editor
bristei See All
Courtesy of Comcast What kind of business tightrope are media companies walking in 2026? Comcast generated an extra $2.2 billion due to NBC’s February telecasts of the Winter Olympics from Milan Cortina and the Super Bowl. And yet, the cable-and-content giant said profit fell 35.6% as it invested in upgrades to its crucial cable and broadband business and grappled with increased expenditures for sports rights and production.
The Philadelphia owner of NBCUniversal said net income fell nearly 36% to $2.17 billion, or 60 cents per share, compared to $3.38 billion, or 89 cents a share, in the year-earlier period. Adjusting for one-time items, Comcast said earnings per share came to 79 cents.
Related Stories
