Volatility at Universal Pictures, particularly the huge loss the studio is taking on "Battleship," has kept NBC Universal from a steady performance this year, the chief executive of its parent company Comcast Corp. said at an investors' conference Friday.
After noting that the NBC Universal had a 34% increase in operating cash flow during the first quarter driven in part by the success of films "The Lorax"and "Safe House,"Brian Roberts said the Comcast-owned media conglomerate that also operates television networks and theme parks is now facing a "negative quarter."
