Techlife News - 07.03.2020

(Martin Jones) #1

could hold digital events. Google has also halted
international travel for all employees.


TV AND PARKS


NBC parent company Comcast said that
because of insurance and the way contracts are
written, NBC won’t suffer losses if the Olympics
are canceled, but it’ll miss out on ad-driven
profits, which were $250 million for the 2016
Rio Olympics.


Comcast also said that the closure of the
Universal Studios Japan theme park for two
weeks will hurt a key NBCUniversal profit
measure by 7% to 9% in the first quarter. The
company also had to suspend construction of
Universal Studios Beijing, but Comcast CEO Brian
Roberts says “we’re back working” and expects
to open the park on time in May 2021.

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