The company said Peacock-related revenue was included in Media segment revenue of Q2 2024 $1.0 billion for 6 months $2.1 billion, and that Peacock had 33 million paid subscribers as of June 30, 2024 (24 million as of June 30, 2023). Peacock-related costs were $1.4 billion for Q2 and 6 months $3.1 billion.

1. 01

   The company said Peacock-related revenue was included in Media segment revenue of Q2 2024 $1.0 billion for 6 months $2.1 billion, and that Peacock had 33 million paid subscribers as of June 30, 2024 (24 million as of June 30, 2023). Peacock-related costs were $1.4 billion for Q2 and 6 months $3.1 billion.

2. 02

   The company said investment and other income (loss), net decreased from the prior-year period for Q2 2024. It attributed the Atairos results, which were a loss of $(391) million for Q2 and a loss of $(196) million for 6 months, to fair value adjustments on Atairos’ underlying investments; the prior-year figures were $(23) million and $501 million.

3. 03

   Comcast said it received $8.6 billion in Q4 2023 after exercising its put right requiring Disney to purchase its Hulu interest. The amount is the minimum equity value share of $9.2 billion less its capital contribution share of $557 million. The company said it expects to receive additional payments in 2024.

4. 04

   Comcast said it issued fixed-rate senior notes with a weighted-average interest rate of 5.38% and maturities ranging from 2029 to 2054, totaling $3.3 billion, in May 2024. It said the net proceeds were used to repay commercial paper and for working capital and other general corporate purposes. It also said debt repayments totaled $1.9 billion in the 6 months of 2024.

Key figures

Quarter ended June 30, 2024

Revenue

$29.7B

Operating income

$6.6B

Net income

$3.9B

EPS

$1.00

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.