NBC Universal profits down 41%
Revenue drops 8% last quarter at GE owned co.
NBC Universal profits are down 41% and revenue dropped 8%.
We tend to watch NBC sometimes but we still find this pretty funny. It seems the more political a channel gets the poorer it performs which is fine by us. Just give us our enterainment, keep your politics at home.
GE (NBC’s parent company) CEO Jeff Immelt said NBC’s “overall performance is not as negative as it looks.” Jeff, baby, you know in business no one cares about excuses, just results.
For a long write up, click here.
