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Search resuls for: "Helen Coster Eva Mathews"


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☆ Comcast beats revenue estimates as Wall St awaits update on NBCUniversal head
  + stars: | 2023-04-27 | by ( Helen Coster Eva Mathews | Helen Coster | Eva Mathews | ) www.reuters.com   time to read: +3 min
The company's total revenue fell 4.3% to $29.69 billion in the quarter, but beat analysts' average estimate of $29.30 billion, according to Refinitiv data. However, adjusted losses from the ad-reliant platform widened to $704 million from $456 million a year-ago as Comcast continues to invest heavily in content. Theme parks revenue climbed nearly 25%, thanks to a rebound in attendance at its parks overseas and the lifting of COVID curbs in China. Comcast gained 5,000 broadband customers in the March quarter, while Factset had estimated a loss of 20,000 users. Overall, net income attributable to Comcast rose 8% to $3.83 billion in the quarter.
☆ Comcast revenue tops estimates amid cord-cutting, muted broadband growth
  + stars: | 2023-01-26 | by ( Helen Coster Eva Mathews | Helen Coster | Eva Mathews | ) www.reuters.com   time to read: +2 min
Total revenue rose 0.7% to $30.55 billion in the quarter. Cable revenue grew 1.4% to $16.64 billion, narrowly missing analysts' estimates of $16.67 billion. Comcast lost 440,000 video subscribers in the quarter, fewer than Factset's estimated loss of 548,000, as the trend of cable TV cord-cutting continued. The company also lost 26,000 broadband customers in the quarter, compared with Factset's estimated loss of 40,000 customers. NBCU advertising sales grew 4% to $2.86 billion, and theme parks revenue grew 12% to $2.11 billion.
☆ New York Times’ Rebecca Blumenstein to join NBC News in news shakeup
  + stars: | 2023-01-11 | by ( Helen Coster Eva Mathews | Helen Coster | Eva Mathews | ) www.reuters.com   time to read: +2 min
Jan 11 (Reuters) - NBC News appointed New York Times Deputy Managing Editor Rebecca Blumenstein to a newly created role of president of editorial, the broadcaster announced on Wednesday. NBC News President Noah Oppenheim, who led the division since 2017, will depart in a shake-up that includes two other executive appointments. Before that, she worked for 21 years at the Wall Street Journal, where her positions included deputy editor-in-chief, page one editor, international editor and editor of WSJ.com. As part of the restructuring, NBC News promoted Libby Leist to executive vice president, TODAY and Lifestyle, and promoted Janelle Rodriguez to executive vice president at the NBC News NOW streaming network. Prior to running NBC News, Oppenheim spent two years as executive in charge of the morning news broadcast TODAY.
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