NBCU Reports Lower Profits

Oct 15, 2010  •  Post A Comment

Profits for NBC Universal were down 15 percent in the third quarter, reports TheWrap.

Parent company General Electric announced that net earnings for NBC Universal were $625 million.

Putting a positive spin on the news, GE said in a statement, "NBCU revenue and operating profit were favorable compared to the year-ago period after adjusting for 2009 transactions."

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