NBCU Parent Comcast Explores Spinning Off Cable Networks

Plus, the company announces Olympic-sized revenue in the final tally

The numbers

$1.9 billion — The final total for Paris Olympics revenue for Comcast and NBCUniversal.

$1.4 billion — The record-setting revenue from Olympics ad sales.

$300 million+ — The Olympics revenue, specifically from Peacock.

36 million — Peacock’s total subscribers after the Olympics and NFL boost.

$436 million — Peacock’s losses in third-quarter revenue, which narrowed from $565 million year over year.

The watercooler talk

Outside of the record-setting Olympic revenue announced by NBCU parent company Comcast during its third-quarter earnings, the company made news by announcing exploratory plans to spin off its cable networks into a new company.

NBCU’s cable portfolio includes brands such as Oxygen, Bravo, MSNBC, CNBC, USA, E, Syfy, Universal Kids, and more.

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