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  "authorName": "Comcast",
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  "presentationDate": "2023-01-01 00:00:00",
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      "text": "Adjusted EBITDA* ($M)\n$464 4Q21\n$340 (15.1%); (2.0%) ex. severance* 4Q22",
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      "text": "Revenue ($M)\n$5,079 4Q21\n$4,416 (0.8%) 4Q22",
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      "text": "Customer Relationships (M)\n23.0 (1%) 4Q21\n22.9 (2%) 1Q22\n22.7 (2%) 2Q22\n23.0 +0% 3Q22\n23.1 +0% 4Q22",
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      "text": "Customer relationships: increased 129,000 to 23.1M\nNet additions in the U.K., Italy and Germany\nRevenue: (0.8%) to $4.4B\nDirect-to-Consumer: +0.2% to $3.5B; growth in the U.K. driven by wireless and broadband revenue\nContent: +6.5% to $304M driven by licensing our entertainment content\nAdvertising: (9.6%) to $564M, primarily driven by lower revenue in the U.K., reflecting the timing of the FIFA World Cup and the macroeconomic environment\nAdj. EBITDA: (15.1%) to $340M, (2.0%) ex. severance*\nReflecting an increase in direct network costs and higher other expenses, mostly offset by lower programming costs due to timing",
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      "text": "*Reported results for 4Q22 include increased severance costs. Refer to Notes page for further details.\nAll percentages represent year/year constant currency growth rates.\nSee Notes on Slide 12",
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      "text": "Sky 4th Quarter 2022 Overview",
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