Comcast during its Q3 earnings conference call Friday "confirmed that it broke even on the Summer Games," according to the Georg Szalai of the HOLLYWOOD REPORTER. Comcast Chair & CEO Brian Roberts on an earnings conference call said that "his team continues to expect future Olympics to turn a profit." Roberts: "We now have more confidence than ever the Olympics can be profitable." Comcast CFO Michael Angelakis said, "Overall, the London Olympics were break even when you take into account other Olympics-related revenues that are booked over multiple quarters." Roberts said he was "proud" of the London Games coverage and lauded staff for how "the whole company worked together" (HOLLYWOODREPORTER.com, 10/26). BLOOMBERG NEWS reports revenue at NBCUniversal rose 31% to $6.8B, "buoyed in particular" by the London Games. Excluding the Olympics, NBCU revenue was up 8%. The "broadcast segment saw revenue, including $1.2 billion from the Olympics, increase 83%; broadcast revenue excluding the games rose 5%" (BLOOMBERG NEWS, 10/26).
