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Paris Olympics Coverage Powers NBCUniversal & Comcast Results In Q3; Peacock Hits 36 Million Subscribers

Coverage of the Paris Olympics spurred a 36.5% year-over-year gain in media revenue, propelling NBCUniversal parent Comcast’s performance in the third quarter. The company reported total revenue of $32.1 billion and earnings per share of $1.12, beating Wall Street analysts’ consensus forecast. Shares in Comcast, which are not known for dramatic movement, jumped 4% in […]

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