Comcast's entertainment unit NBCUniversal reported lower third-quarter financials as the coronavirus pandemic continued to hit results, especially at the conglomerate's theme parks unit.
TV advertising revenue fell again, but the drop was less pronounced than in the second quarter, which observers have called the bottom of the pandemic hit so far.
Meanwhile, NBCUniversal streaming service Peacock has reached nearly 22 million sign-ups, the company shared on Thursday. NBCUniversal overall reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), the profitability metric the company uses, of $1.28 billion for the three months ended Sept.
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