Friday, July 30, 2021

Comcast Rides Return of Advertising

Boosted by the return of advertising and demand for connectivity, Comcast reported a 20% year-on-year rise in revenues to 28.5 billion US dollars for the second quarter of 2021. It said that broadband revenue climbed 14% to 5.7 billion dollars, while media revenue was up almost 26% to 5.1 billion dollars. 

Sky, the European broadcast unit, reported a 15% rise in revenues at constant currencies to 5.2 billion  dollars for the quarter. Source: Comcast statements

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