Comcast Formally Submits Bid for UK Broadcaster Sky
April 25, 2018 by admin
Filed under Lingerie Events
Comcast Corp. posted strong first-quarter earnings growth, despite continuing cable TV subscriber losses, and formally submitted its $31 billion proposal to buy Sky PLC, one of several deals it has contemplated that could transform its business and roil its rivals.
The company reported 21% profit growth compared with the year-earlier period. Revenue at its NBCUniversal media unit rose 21% to $9.5 billion, boosted by its Winter Olympics and Super Bowl broadcasts, which offset a weak performance in the film division. Comcast…
