GE (NBC/Universal) Earnings Q4
Seth Gilbert, 01-19-2007
General Electric (NYSE: GE), parent company of NBC Universal, reported Q4 earnings.
Of the company’s entertainment properties, the NBC Universal Segment showed profit at $841m up from $801m, with revenue up 1% year over year.
Additionally, following a poor 4th place Nielsen rating for NBC TV in the prior season, prime time and non-news ratings were rebounding in December thanks to the success of the breakout hit Heroes and NFL Games broadcast under the new long term deal (signed in April and valid through 2011) with the NFL. Cable channels USA Networks, Bravo, and CNBC continue to do well with audiences.
More detailed press coverage of GE’s finances can be found at:
