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NBCUniversal Reports Improved Profits Despite Dip In Revenue

Comcast today reported Q1 results that include "improved profitability for its entertainment arm NBCUniversal." NBCU reported higher operating cash flow "than in the year-ago period, which had benefited from the profitable Sochi Olympics." Amid the lack of Olympics revenue, NBCU's "quarterly revenue dropped." Excluding $376M of revenue generated by the Super Bowl broadcast in Q1 '15 and $1.1B generated by the Sochi Games in Q1 '14, revenue increased 7.9% (HOLLYWOODREPORTER.com, 5/4).

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