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NBC Universal Loses $223 Million on Vancouver Winter Olympics

Apr 16, 2010  •  Post A Comment

NBC Universal Sports & Olympics Chairman Dick Ebersol told reporters in January that this year’s Winter Olympics would cost the network money, and now the figures are in, the Hollywood Reporter says. 

NBC Universal’s first-quarter results show the Winter Olympics was a $223 million loss for the media company. The Torino Games in 2006 brought in $684 million in revenue for NBC Universal, despite the ratings being up by 14% for the 2010 Vancouver games. 

Overall, NBC Universal posted a 49% decline in profits from last year’s first quarter, with $199 million in revenue, dragged down by the Olympics and sluggish box office sales. 

9 Comments

  1. Canadians ruled the Games! Not even a record 37 medals could overpower our success over yours…

  2. And I thought Canadians were smart…

  3. “…could overpower our success over yours.” ?
    I guess Jason’s from French speaking Canada.

  4. It was a beautiful event.

  5. THEY DON’T COVER ANY THING WELL DID NOT WATCH ANT THING ON ANY OF NBC STUCKT WITH CANADNA STATIONS!! AND I LIVE RIGHT OUT SIDE OF DETROIT!! THEY SHOULD HAVE LOST MORE LOL!!

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  9. This is good info! Where else can if ind out more?? Who runs this joint too? Keep up the good work 🙂

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