Jul 29

NBCUniversal CEO Says Tokyo Olympics Will Be Profitable Despite ‘Bad Luck’

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The Tokyo Olympics were supposed to be a home run for NBCUniversal, which was counting on the Games not just to provide a windfall of advertising revenue but to serve as a global launchpad for its year-old streaming service Peacock. But after tepid opening ceremony ratings and a host of other pandemic-related complications, the Comcast-owned…

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