:Comcast Corp's quarterly revenue edged past estimates on Thursday, helped by sustained demand for its broadband services and higher theme park attendance, while investors await an update on the media giant's plans to replace the head of NBCUniversal.The company's total revenue fell 4.3 per cent to $29.69 bil
:Comcast Corp's quarterly revenue edged past estimates on Thursday, helped by sustained demand for its broadband services and higher theme park attendance, while investors await an update on the media giant's plans to replace the head of NBCUniversal.
Shell, a two-decade Comcast veteran who took over the top role in 2020, oversaw businesses including the Universal film studio, Peacock streaming service and Universal's theme parks at a time when the pandemic had shuttered all forms of in-person entertainment. Revenue at Peacock rose over 45 per cent compared with a year earlier. Paid subscribers increased by about 2 million in the first quarter from the fourth quarter.
Theme parks revenue climbed nearly 25 per cent, thanks to a rebound in attendance at its parks overseas and the lifting of COVID curbs in China.
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