Despite taking a loss on the Olympics for the quarter, NBC Universal saw a 10% bump in third-quarter profit, according to parent company General Electric's third quarter earnings announcement on Friday.
Net income for the division grew year-over-year from $589 million to $645 million for the quarter.
A big driver of the profits—as expected—was NBC Universal's strong cable division, led by Bravo and top-rated basic cable outlet USA Network jumping 20%.
Fox Business Network begins broadcasting from its new high-tech Studio G, overlooking Manhattan from the 3rd floor of News Corp. headquarters, on April 20. B&C got an early peek at the new space.
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