Comcast reported its fourth-quarter 2021 earnings, beating Wall Street’s expectations on both revenue and earnings. NBCUniversal revenue was US$9.3 billion, up 25.6% from Q4 2020, and studio sales were up more than 36%.
SkyShowtime, the new Comcast and ViacomCBS joint venture streaming service, announced that Monty Sarhan will lead the pan-European streamer as its CEO.
The streaming service will launch in the country on December 15 and will be initially available on Comcast’s entertainment devices, including Xfinity X1, Xfinity Flex and the recently announced XClass TV.
The Tokyo Olympics powered an increase in profits and revenue for Comcast’s NBCUniversal’s media business during the third quarter of the year, despite larger losses from its Peacock streaming service.
FlixLatino, the US Hispanic subscription video on-demand service from Somos Next, announced the launch of the FlixLatino app on Comcast’s Xfinity X1 and Xfinity Flex entertainment platforms.