Comcast Changes Segment Reporting to Align Sky With Connectivity and Content Businesses

13 March 2023

Comcast is changing its segment reporting to reflect how it accounts for its European pay TV business Sky, which it acquired in 2018 for around $40 billion and which faces lowered future earnings projections due to macroeconomic headwinds.   Beginning with its first quarter 2023 earnings, the NBCUniversal parent in a securities filing said it […]

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