QUARTERLY REPORT

Comcast 1Q Earnings Up 9%, Beat Street

At NBC Universal, revenue fell because last year’s figure was boosted by the Olympics. Excluding the Olympics, revenue rose 5%, helped chiefly by its cable networks, which include Bravo, E! and USA. They saw advertising revenue climb 14%, continuing to recover after the recession.

FCC OKs Sale of NBCU’s KWHY Los Angeles

As a condition of its merger with NBCU last January, Comcast promised to spin off Spanish-language KWHY Los Angeles to a minority-owned buyer. It made good on that promise by agreeing to sell the station to the Hispanic-owned Meruelo Group. With the FCC go-ahead, the parties may now close on the $40 million deal.

Execs Join Women On NBCU Advisory Board

New NBCU Unit Appoints Three Chiefs

Cameron Blanchard, Tony Cardinale and Margaret Lazlo are playing starring roles in the newly created NBCUniversal Entertainment & Digital Networks and Integrated Media division. They report to the division’s chairman Lauren Zalaznick.

Katie Couric Pursuing Syndicated Talk Show

With Katie Couric’s contract set to expire in early June, the CBS News anchor has entered the window in which she can entertain offers. While no decision regarding her future has been made, the anchor is working on a potential syndicated show, which could involve her friend and former NBC boss Jeff Zucker, according to two sources familiar with Couric’s plans. She is believed to have already begun conversations with Time Warner, NBCUniversal and her current employer, CBS, about the potential next act.