January 21, 2022

purchase accounting

Comcast CFO Nerdily Points Out That, Technically, The Company Will Come Out Ahead on Olympics

On a call with analysts, NBCUniversal CEO Steve Burke announced that the network will break even on the Olympics, which is a pleasant surprise for the company since they initially projected a $200 million loss. Mr. Burke stated that he was strictly speaking on a "cash on cash basis" and then (this is my imagination […]