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Comcast plans media spinoff as Peacock profits and broadband losses mount

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Comcast plans to complete its media spinoff within a year, separating NBCUniversal, Sky and Peacock from its broadband and cable business. Peacock posted its first quarterly profit of $189 million, adding 2 million subscribers to 48 million as revenue rose 54% to $1.9 billion. Comcast lost 167,000 domestic broadband customers, and it faces weaker theme-park profit.

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