Comcast resilient, but Sky grapples with tough economic climate – Digital TV Europe

Against a backdrop of economic volatility and seismic change in the media industry, Sky and NBC Universal owner Comcast managed to deliver a solid set of results for Q3 2022. For the quarter in question, revenues dipped 1.5% to $29.8 billion. For the first nine months of the year, the headline revenue figure was up 5.6% to $90.9 billion. The markets responded by sending the Comcast share price down by 1.5% – much less than the 25% drop experienced by Meta after it delivered its own results.

Source: Comcast resilient, but Sky grapples with tough economic climate – Digital TV Europe