Tweet

Cable Helps NBCU Q3 Profits Jump

By BroadCasting & Cable Staff -- Broadcasting & Cable, 10/12/2008 8:00:00 PM

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%.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author
• Most Popular Pages

No related content found.

Also by this author

• Technology Leadership Summit 2011

• WGA Announces TV Noms

• Cable Ratings: 'Top Chef' Finale Draws 3.4 Million

• Leo Wolinsky Named Editor of Daily Variety

• CAB: Cable Ad Spending Grows to $18.7B in '09

Also by Staff Staff

Most Popular Pages

No Top Articles

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Mixpo

  

  Mixpo is a video advertising technology provider that enables publishers, ad networks, and agencies to easily deliver dynamically tailored, interactive video ads that are customized in real-time for unique audience segments. Our platform also provides automatic multivariate testi..more

---

Most Recent Resources

• The New Normal for Promoting Tune-in
• Achieving Operational Freedom in Digital Media Workflows