CBS, Comcast Q2 results signal strength of TV business

Comcast and CBS Corp. each reported strong second-quarter earnings on Wednesday, a sign that "the good times are still rolling in the television business," Brian Stelter writes. CBS Corp. increased its profit by 11% in the second quarter to $472 million -- representing its best quarterly profits ever. Comcast, buoyed by growth in broadband subscribers as well as revenue from NBCUniversal, saw its profit rise 28.6% to $1.7 billion.

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