Comcast revenue spikes after NBCU buy

Giant Comcast Wednesday mentioned revenue elevated 51 percent last quarter to $14.3 billion reflecting purchasing NBCUniversal within the month of the month of january, a effective cable biz as well as the consolidation in the Universal Orlando theme parks. The NBCUniversal deal closed within the month of the month of january of 2011. Professional forma, including it in periods, total revenue may have grown 4.9 %. Internet profit rose to $908 million from $876 million. At NBCUniversal, revenue rose 4.six percent to $5.2 billion driven by cable nets and theme parks. ''NBCUniversal's results underscore the potency of our core cable systems business, additionally to terrific momentum within the theme parks. Our goal for NBCUniversal is always to improve making brands, also to enhance extended-term value. Overall, this quarter ongoing our momentum toward a effective integration,'' mentioned Comcast Boss John Roberts. Revenue for cable systems rose twelve percent to $2.1 billion around the 10.2 percent increase in distribution revenue, a 9.5 % increase in advertising revenue together with a 37.2 percent increase from certification possessed content within the cable production studio. Operating earnings fell 2 percent to $751 million reflecting elevated acquisition of original programming, and acquisition-related accounting revisions gathering $80 million. Excluding the revisions, cable nets operating earnings elevated 8.5 %. Broadcast television revenue rose 2.9 % to $1.5 billion, reflecting greater content certification revenue, partially offset by ratings pressure within the NBC broadcast network reducing political advertising at NBC's local stations. The segment tossed with a earnings insufficient $7 million for your quarter from an positive $70 million the last year, reflecting elevated acquisition of primetime, news programming, and native stations, additionally to acquisition-related accounting revisions gathering $24 million. Shot Entertainment revenue fell 7.8 percent to $1.1 billion, driven by lower theatrical revenue only partially offset by greater home theatre revenue from ''Bridesmaids'' as well as the worldwide relieve ''Fast Five.'' Earnings fell 16.9 % to $54 million. Theme park revenue elevated 9.one percent to $580 million. Revenue essentially cable business rose 5 % to $9.3 billion. Advertising revenue fell four percent on lower political trading. Video revenue nosed up 1.one percent year-on-year to $4.9 billion. The Philadelphia company, which ended the quarter with 49.367 million clients, saw more effective rise in high-speed Internet revenue (up 9.8 percent), voice (up 6.three percent) and business services (up 39 percent). Contact the number newsroom at news@variety.com