'The Super Mario Bros. Movie' helped theatrical revenue leap by 66 percent
movie driving theatrical revenues up by 66 percent year over year to $913 million. And in the theme parks division, there were new records in revenue and profitability, with the division hauling in $2.2 billion in revenue, and an adjusted EBITDA of $833 million.
“We generated the best quarterly Adjusted EBITDA ever at Theme Parks, had the second-highest grossing animated film of all time in worldwide box office revenue with, and nearly doubled paid Peacock subscribers year-over-year,” Comcast CEO Brian Roberts said in a statement. “At the same time, we returned a healthy amount of capital to shareholders and maintained an enviable balance sheet.
Overall revenue in Comcast’s content and experiences division was $10.9 billion, with $2.2 billion in adjusted EBITDA. Comcast also reported net video subscriber losses of 543,000 as cord-cutting continues to accelerate. Q2 was the first full quarter at NBCUniversal without a full time CEO, as Comcast president Mike Cavanagh added oversight of the division
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