You will be redirected back to your article in seconds

NBCi revs jump, loss down

'Net division CEO upbeat

NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million.

Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker).

“NBCi continues to perform well financially, with our revenues and gross margins pointing in the right direction,” said Will Lansing, NBCi’s CEO. “Furthermore, we strengthened our leadership positions in direct e-commerce and broadband with the respective launches of NBCi Direct, our e-list management and database marketing division, and NBCi.com, our dedicated portal for broadband and high-speed users.”

NBCi has 19.3 million registered members.

More Digital

  • Lily Singh Opens Up About Her

    Lily Singh and Trevor Noah Share Secrets in YouTube’s VR Series 'The Confessional'

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

  • Nbcuniversal _ snapchat

    Snap, NBCUniversal Form Studio Joint Venture, Tap Duplass Brothers for Original Shows

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

  • Jeffrey Katzenberg Hand Imprint Ceremony

    Jeffrey Katzenberg: Harvey Weinstein Is a Monster, But Didn't Act Alone

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

  • Ted Sarandos

    Netflix Plans to Release 80 Original Films in 2018

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

  • tbh

    Facebook Acquires Anonymous Teen Networking App tbh

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

  • Netflix Reed Hastings

    Netflix Adds 5.3 Million Subs in Q3, Beating Forecasts

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

  • Alyssa Milano

    #MeToo: Social Media Flooded With Stories of Sexual Harassment and Assault

    NBC Internet Inc. has reported a 165% jump in first-quarter revenues of $30.1 million while posting a lower net loss of $37.4 million, compared with last quarter’s $50.9 million. Revenues for the period ended March 31, include revs from Xoom.com, Snap and the NBC Multimedia Division (which consists of NBC.com, NBC Interactive Neighborhood and VideoSeeker). […]

More From Our Brands

Access exclusive content