Comcast Results Presentation Deck
Sky 2nd Quarter 2020 Overview
7
Customer Relationships
24.0
+4%
2Q 19
Revenue
$4,828
2Q 19
23.9
+2%
3Q 19
(12.9%)
$4,079
2Q20
24.0
+2%
4Q19
$772
23.9
($M) Adjusted EBITDA
2Q 19
+1%
1Q20
All percentages represent year/year constant currency growth rates.
See Notes on Slide 12
23.7
(1%)
2Q20
+0.2%
$749
(M)
2Q20
($M)
Commentary
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●
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Customer relationships: - 1.3% to 23.7M
Net losses of -214K reflects the postponement of sporting events
and the suspension of certain sales channels due to COVID-19
Revenue: 12.9% to $4.1B
Direct-to-Consumer -6.7% to $3.5B: lower ARPU due to COVID-
19, which resulted in lower sports subscription revenues, as well
as a decrease customers y/y
-
Advertising -41.2% to $321M: primarily reflects overall market
weakness, which was worsened by COVID-19, as well as the
continued unfavorable impact of a legislation change related to
gambling advertising.
Content -35.7% to $234M: reflects lower revenue from sports
programming as a result of the postponement of sporting events
due to COVID - 19
Adjusted EBITDA: +0.2% to $749M
Lower revenue offset by lower operating costs; reflects the
postponement of sporting events due to COVID-19View entire presentation