Comcast Sees Drop in Q1 Profit as Coronavirus Affects Theme Parks, Movies

Cable-and-entertainment giant Comcast said first quarter net income fell nearly 40%, as the effects of the coronavirus pandemic crimped its theme parks, movie studio and advertising businesses, even as U.S. consumers boosted its cable and broadband operations.

The Philadelphia owner of NBCUniversal and Sky saw a profit of $2.15 billion for the first quarter,

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