Peter Kafka

Recent Posts by Peter Kafka

NBC U's Okay Quarter Just Fine for GE

GE doesn’t really care much about NBC Universal, which is why it’s happy to hand it off to Comcast (CMCSA) once regulators sign off. But for the record, the cable/broadcast/movie conglomerate posted an okay quarter: Revenues were up five percent and operating profit was up 13 percent, the company said this morning.

Bear in mind that a year ago, those numbers were down eight percent and 41 percent, respectively. So Jeff Zucker and company are still digging out of a hole. But whatever: Sometime, in the next 12 months or so, this will be come Brian Roberts’ and Steve Burke’s problem.

For the record, here’s how GE (GE) describes the unit’s performance to investors (click image to enlarge). As usual, NBC U’s real star is its cable business, though GE said the NBC broadcast unit had a strong upfront sales cycle, up 18 percent:


Latest Video

View all videos »

Search »

When AllThingsD began, we told readers we were aiming to present a fusion of new-media timeliness and energy with old-media standards for quality and ethics. And we hope you agree that we’ve done that.

— Kara Swisher and Walt Mossberg, in their farewell D post