Center City-based Comcast reported positive quarterly results thanks to its studio and theme-park units even as Peacock continued to post steep losses, writes Patience Haggin for The Wall Street Journal.

The company that owns NBCUniversal, the Sky TV business, and Xfinity-branded cable services reported a loss of 19,000 domestic broadband subscribers. However, the losses were not as severe as some analysts had predicted and the company still saw its broadband revenue increase.

Comcast’s wireless business also posted gains, while the film business was driven by the box office success of The Super Mario Bros. Movie.

The company managed to increase its profits thanks to growth in several businesses and lower expenses in several areas, including programming and marketing.

Overall, Comcast’s revenue increased by 1.7 percent year-over-year to $30.51 billion in the second quarter. Declines in areas such as cable TV and advertising were partially offset by gains from theme parks, the theatrical business, and wireless operations.

The theme-park revenue went up by a whopping 22.4 percent, with growth recorded at Universal Parks in Beijing, Hollywood, and Japan.

Net profit was up 25.1 percent year-over-year to almost $4.25 billion, which equals $1.02 a share.

Read more about Comcast’s quarterly results in The Wall Street Journal.

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