Comcast Results Presentation Deck slide image

Comcast Results Presentation Deck

NBCUniversal 4th Quarter 2021 Overview Revenue y/y% Adj. EBITDA y/y% Revenue $7,434 7 4Q20 $1,376 +25.6% 4Q20 $9,338 Adjusted EBITDA ($M) 4Q21 (6.8%) $1,282 ($M) 4Q21 All percentages represent year/year growth rates. See Notes on Slide 12 ($M) Media Studios Theme Parks $5,826 +8.4% $2,421 +36.4% $1,887 +191.3% $721 (49.3%) $51 (33.8%) $674 NM Commentary ● ● ● ● ● ● Distribution revenue +11.6%, driven by contractual rate increases and Peacock, partially offset by a decline in subscribers at our networks Advertising revenue +6.0%, reflecting higher pricing and Peacock, partially offset by a decline in ratings and lower political advertising Adjusted EBITDA decreased 49.3% reflecting higher programming costs at Peacock, higher sports programming costs compared to last year when RSN sports were delayed, and higher television programming and marketing costs driven by the return of our full schedule Content licensing revenue +33.7%, driven by television content licensing Home entertainment and other revenue +30.4%, reflecting the success of F9 and the return of stage plays Theatrical revenue increased by $80M, primarily due to Sing 2 and Halloween Kills, and the impact of theater closures in the prior year period Adjusted EBITDA decreased 33.8%, reflecting the timing of our film slate, which also drove higher marketing costs, partially offset by growth in TV content licensing Theme Parks revenue increased $1.2B to $1.9B, driven by strong growth in domestic guest attendance and spending per guest in the U.S. and Japan Adjusted EBITDA increased $671M to $674M Highest on record for any fourth quarter Universal Beijing celebrated its grand opening in September; was essentially break-even in the fourth quarter -
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