The timing of the decision by Comcast to buy out the rest of NBCUniversal "looks great" so far, Comcast Chairman and CEO Brian Roberts told CNBC on Wednesday, shortly after the media conglomerate reported better-than-expected earnings.
"We're in a very special place at this cross-section of media and technology," he said in a "Squawk Box" interview. "We made a big part of our logic for why we wanted our shareholders to have something unique, which is a foot in both" television content and cable distribution.
Back in February, Comcast announced plans to buy the 49 percent of NBCUniversal it didn't already own from General Electric in a deal worth $16.7 billion.
Comcast said Wednesday it earned $1.73 billion in the second quarter. That's up from $1.35 billion in the same period a year earlier. Earnings excluding items rose to 65 cents on a per-share basis. Revenue rose 7 percent to $16.3 billion from $15.2 billion.
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