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An Earnings Tale of Two Media Titans

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  • Description

    FBN's Dennis Kneale on Time Warner and Comcast's earnings.

  • Duration 1:12
  • Date

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-- -- -- And it is a tale of two titans Comcast and Time Warner both -- earnings this morning.

Brace yourselves for divergence of fortunes Comcast good Time Warner -- Comcast shares of 3% today last I checked in -- down and and and an up market on better than expected numbers Time Warner shares flat.

Roughly this morning -- rather lackluster results at Time Warner quarterly net.

Actually down 33% even operating profit down 16%.

Revenue down 4% declines in film publishing her results can't cast by -- -- Faring far better things -- good growth in broadband services.

Net income that Comcast.

32% revenue of 6% to more than fifteen village.

The other end earnings coming out of sent to the night yesterday on the deal of course of NBC universal now but that was also next performance I mean do you think it -- is gonna have an include new listing candidate non-GAAP tax.

It looks like the Olympic Games several thought NBC could lose maybe -- billion dollars -- -- it paid one point 15 billion that might come in -- in -- an internal problem because rating so far.

Boffo there right now you're right they -- they work and we shall see a lot of people talk summary talking about let's talk a minute so -- think -- -- to happen.

Well watch that might affect.

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