Comcast’s NBCUniversal tallied strong ad revenue in the fourth quarter of 2013, due to strong viewership of its broadcast TV shows. Specifically, NBCU’s broadcast TV revenues were up 11.5%
to $2.2 billion. The division also benefited from higher content licensing.
Couple this with higher retrans dollars and NBCUniversal’s revenue was 7.5% higher, to $6.5 billion during
For the year 2013, NBCU’s revenue remained virtually the same at $23.7 billion -- slipping 0.7%, with its strong operating cash flow, up 15.2% to $4.7 billion.
Cable networks added 5.3% to $2.3 billion during the period. NBCUniversal’s theatrical film unit grew 4.9% to $1.4 billion, and theme parks climbed 8.8% to $566 million.
benefited in other video areas: For the first time in 26 earning periods, the number of video subscribers gained over the previous period -- growing 43,000 in the fourth quarter versus a 7,000 loss in
the fourth-quarter 2012 period.
For the year end, Comcast sits at 21.7 million video customers.
Looking across all of its businesses, Comcast added a net 1.8 million customers --
video, broadband and phone -- putting it at a combined 53 million customers.
Comcast companywide revenues grew 6.2% to $15.9 billion for the fourth quarter. And for the full year 2013, it
was up 8.3% to $21.5 billion, when excluding revenue gains from the 2012 London Olympics and pension costs.