NBCUniversal Quarterly Earnings Rise; ‘Minions’ Helps Full-Year Film Profit to Record

3 Feb, 2016 – Theme parks unit profit also set a new record, while cable giant and NBCU owner Comcast posted its biggest pay TV subscriber gain in years.

Cable giant Comcast on Wednesday reported improved fourth-quarter and full-year financials for its entertainment arm NBCUniversal.

The entertainment company, led by CEO Steve Burke, reported higher operating cash flow, the profitability metric that the company uses, and revenue than in the year-ago period, driven by growth in its film and theme park units. Both divisions also posted record full-year operating cash flow, as expected.

Read more at the Hollywood Reporter

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