NBCU's Total Revenues Decline, But Core Q1 Ad Revenues Up 2%

With reports of selling its stake in Hulu to Walt Disney, Comcast Corp. announced first-quarter financial results for NBCUniversal, showing predictable declines in overall revenues, due to comparisons with year-ago results, when NBCU aired Winter Olympics and the Super Bowl.

Total NBCU revenue sank 12.5% to $8.3 billion.

NBCU’s broadcast …

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