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      "text": "Revenue ($M) 2Q21 $7,955, 2Q22 $9,445, +18.7%",
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      "text": "Distribution revenue +8.4% to $2.7B; Advertising revenue (1.3%) to $2.2B; Peacock revenue of $444M and Adjusted EBITDA loss of ($467M); Adjusted EBITDA decreased 2.9%; excluding Peacock, Media Adjusted EBITDA increased 3.7% driven by lower sports costs.",
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      "text": "Theatrical revenue increased by $352M to $550M; Content licensing revenue +19.0% to $2.1B; Adjusted EBITDA decreased $155M to break-even, driven by higher programming and production costs and an increase in marketing costs ahead of film releases in late June and in July, including Minions: The Rise of Gru, Black Phone, and Nope.",
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      "text": "Theme Parks revenue increased 64.8% to $1.8B; Strong demand at our U.S. parks; rebound at Universal Japan; Universal Beijing was closed for most of the quarter due to COVID-related restrictions; Adjusted EBITDA increased $411M to $632M; Universal Orlando generated its highest Adjusted EBITDA on record for any quarter; Universal Hollywood generated its highest Adjusted EBITDA on record for a second quarter.",
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      "text": "Media: Revenue $5,332 (+3.6%), Adj. EBITDA $1,337 (2.9%). Studios: Revenue $2,966 (+33.3%), Adj. EBITDA $1 (99.5%). Theme Parks: Revenue $1,804 (+64.8%), Adj. EBITDA $632 (+186.5%).",
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