begin morning, and quarter year with Slides I'll on results. Brian, good everyone. full X fourth X and and consolidated Thanks, our
the in quarter. Sky As of fourth a completed reminder, we our acquisition
benefit X.X% constant reported on as a increased the a reported XX.X% our resist while As a performance. the at basis strong pro Tax fourth effective October the forma billion a on Sky Revenue Xth, quarter basis increased increased for $XX.X the XX.X% due NBCUniversal occurred tax $X.X a for $X.XX on that from January throughout and full basis a forma XX.X% X.X% and This as XXXX. results Adjusted or to the billion forma XXXX, to XX.X% pro and increased full basis pro of In fourth include basis on to basis result, X.X% $XX.X at of on pro transaction basis to a results basis at forma to a year. XX.X% basis our reported and billion forma reported partial XX.X% share rate EBITDA growth year. Xst, fourth a quarter forma a $XX.X reported on Sky pro year. operational a Adjusted a XX.X% lower quarter quarter increased Cable, billion for on $X.XX on pro for increased the Sky per and currency earnings the X.X% and adjusted quarter, and the are X.X% well on XX.X% on for EBITDA the on to basis. a reflects Reform, X.X% and for to
Sky and the for year. of billion cash free Finally, in the flow quarter. free earnings These results $X.X cash and the flow quarter $XX.X fourth quarter in include was results billion a per full share partial
by X.X%. few XX.X for full Now to customer impressive EBITDDA Cable's X.X% Cable increased let's from or revenue turn increased X.X% million. grew EBITDA X.X%, a X year, X. cash on flow an XX.X%. to net and On with and Starting results Slide X.X% per net flow the million increased Total relationships cash basis, relationship a communications grew grew highlights year-over-year
including products the all As improved on mentioned, of best Brian record across broadband. retention our for
increased flow For Total quarter, and billion and cash increased high additions driving On and to increased fourth a Internet $X.X cash X.X% X.X% profitable billion. financial increased in our to margin quarter. benefits XXX,XXX to the including Cable shifts customer EBITDA residential and net year-over-year strong as increased fourth EBITDA net X.X% for basis, high X.X%. our relationship results more relationships X.X% $X.X billion, year the revenue X.X% $XX.X reflect increased net services. the full speed quarter focus businesses, flow our the These on and model growth connectivity operational towards and business fourth overall per
quarter the our X.X increasing full to a and the This features raised product control XXX,XXX Cable's capacity speed revenue attractive Cable to in devices. overall by new High offerings Wi-Fi was broadband the investments results. for Internet into market to million. help fourth billion. net result into bringing of for added home positioning net gigabit wall in customer demonstrates to the their coverage quarter in to bar manage broadband and We Now We've innovative innovation our largest customers offering the of network. performance additions fourth details diving year networks the growth residential wall best is equipment made in revenue the we've the contributor broadband and customers the which XX.X% of $X.X speeds,
in are broadband grow. We value offering continues more the delivering utility of to our and
go-to-market positioned believe with continue monthly to increases month of the and Our are over well was as customer's drive over of products. We market data of year-over-year. by XXX the one the opportunity complementary parts broadband other up per median share differentiated second supporting the of deepen gives we highly the to and we grow these size half gigabits the XX% for greater take is capable value broadband strategy and product and network. additional at XXXX, Having customer usage of our center to relationship us with offering our our bundle. Video attaching important the
best-in-class compete the of with bringing well linear broadband platform experience. a enables us together value TV. streaming the want most premium the best Our XX customers And our to further it who and for content by content underscores
video MVPDs. remains competitive, we virtual XXXX, the as saw market throughout However the including impact of
Mobile key to broadband. X.X full by quarter business seeing XXX,XXX full attached. our We for in when Mobile year. fourth retention and million our on and highlights expect included Customer continue the objectives value we supportive were for another also Early to having video Xfinity customer we added Mobile improve segments and the driving are which focused segment wireless Corporate overall ended profitably. in in lines EBITDA to Xfinity million the results losses to this the for as dynamics benefits satisfaction are broadband in and $XXX of $XXX opportunity the are the Other million is XXXX remain the serve add with Xfinity customer year. with XXX,XXX We core can in year and bundling quarter
quarter as one results, report Mobile, housekeeping Cable Xfinity that the part will item, which first we starting with our segment. is Mobile XXXX on of Lastly
services, Moving on driven X.X% by customer. quarter, revenue business a to in in and X.X% X.X the to a $X.X X.X% in million increase to business increase billion revenue increased per business customers fourth
in still We particular, In and with are our so with leading far. expertise. each market of penetrating enterprise in segments, enterprise addressable stages traction connectivity the we're customer in by significant of our a mid-size taking small, great share early
fourth revenue customers at a As we lumpiness has our with there was billion we $XX a least our timing bringing to factor the XX% business. revenue footprint, at be nearly to over in online over in in and ended which margin drive see $X in for runway of business year opportunity business substantial market billion of ahead comparison. accretive services XXXX. growth Overall, grew $XX generated growth this revenue Collectively, connectivity we continue enterprise, can our quarter due in the and new in billion some
driver we As advertising begin our to revenue and advertising at Cable growth continue strong similarly of fourth political record grow spending. levels, product XXXX, to again we finally, that differentiation. quarter a XX.X%, in are will due we to increasing was thanks And optimistic the network
platforms. in advertising technology Excluding increased growth advertising political, our X%, driven by
volumes costs Moving on in quarter, to the and to and Cable expenses expenses X.X% reflects political XX X. base increased tools. as Cable in to now unnecessary X% activity or decrease expenses we X.X% driven This including X.X% progress business. to growth this experience expense the related X.X%. digital syndication in and advertising reduced service margin per truck offsetting sales increase transactions fourth increased non-programming our Programming increased in make better Total cost Slide expenses and customer as providing by on even our call a more through a in a overall The growth fourth eliminating basis. growth with cost in Partially activity non-programming relationship customer service rolls continue quarter. grew X.X% was associated and due reflects
points. and the growth meaningfully timing XXXX growth saw a margins XXXX. elevated said the the year be of X.X% of in XX.X% for fourth full were We year-over-year for should basis due for to lower renewals, quarter, period cost time. the up points in full EBITDA year, this XXXX similar and up XXXX and a with level in XX.X% we expect XX in growth Following of the and XXX programming Cable rate basis
apply believe growth driven by include our after XXXX up margins quarter The up increased to efforts. customer XXXX. as infrastructure well connectivity service could to investment, X.X% typical improvement customer results our spending capital our XX of the from by billion, we scalable due quarter will higher XX Cable increased Fourth benefiting Cable driven premise and on equipment investment ongoing currently basis same of compared improve as XXXX, points also restate our expenditures first margin to to For patterns. we in reporting $X.X points Mobile basis basis margin seasonal to by Xfinity in financials to high
broader the by Capital decline XXXX, the increased investment points equipment improvement For XXX expect $X.X a year, full premise capital results for of CPE primarily another of with year-over-year. and the infrastructure improvement decreased in have are capital intensity really in in customer year, confidence and shift we points pleased XXXX. an full and XX% towards X% reflecting offset the billion, centric I'm to business spending in with basis that expenditure continued positioned was intensity spending, XXXX In basis growth partially extensions. deliver expenditure healthy decreases in XX Cable in our scalable to consistent well connectivity. expenditures and reflecting Overall, we year of line video
grew by year on $X.X in Broadcast rates X. million, the billion to X.X% MVPDs. full billion and moving increased quarter, increased Retrans $X.X on to X.X% demand our EBITDA driven XX.X% by X.X% Advertising fourth Slide and the revenue XX% to growth billion, from as Cable due reflecting growth we Now in increased businesses. compared driven to up to another to subscriber licensing agreements X.X% trends declines network's $XXX offset to quarter, TV increased driven earlier, in our to reflecting networks the overall revenue X% revenue revenue $X.X ongoing XX% growth adoption about bringing higher quarter to NBCUniversal over was of EBITDA licensing licensing retrans increased billion, and billion advertising. experiencing $X.X by networks. and for at the were as XXXX. and overall the delivery billion strong billion XX.X% NBCUniversal's increased improved Cable in results MSNBC $X.X to ratings revenue. declines benefits renewal $X.X by at of our $X were the consistent prior Content by existing and by XX.X%, year with content. of fourth of under relative content to driven to as consumer well increased Distribution our agreements, the growth in revenue revenue virtual previous content distribution X.X% our Cable in
costs content position million growth year's as of in We expenses big Night record Night offset the Night us EBITDA reflecting Football expect fourth and as as programming. strong XXXX quarter event well strategy time. year's production our NBC continued pricing, declines increased in comparison lower advertising and programming retrans to X.X% Broadcast than revenue, Fourth we and million, over well at successful quarter. by political and for the to last Football $XXX advertising to and higher and and Thursday comparison Telemundo ratings in due another overall fourth Sunday more to last Thursday believe rights quarter increased the $X.X $XXX ratings Football billion higher retrans
believe Lastly received in TV late streaming excited TV, to new proposition premium advertising offering NBCUniversal's and be recent programming customers offered consumers unique we are about a by our pay marketers. of will We both and service. load announcement a free well
our financial the consumer As will with approach resources the significant we production the manageable and with of over a create service believe several of our and of Comcast of impact aligning strengths build Brian this over service of the negligible to in be over time. the required scale time originals, a streaming scale XXXX. value outlined, spend measured We level and in to will results anticipate financial levels leverage years We and investment NBCUniversal. out
that balance complementary of strategy service will environment approach. very content a part our broad for distribution be streaming a We our this have promotes new a and
to Turning quarter, Film. million, $X comparison XX.X% XX% theatrical of Revenue our slate. EBITDA the tough success due Grinch to to The $XXX while increased by decreased billion, the driven a fourth XXXX to to in
We increased weakness offset X.X% our event Nights record as Horror increased Japan to optimistic of and X.X% domestic Studios continued in quarter EBITDA in on outlook of billion by the the new by several are disasters pipeline Potter over effects outlook bullish The Harry includes the titles lingering animated that robust we're Parks' third next years park to The quarter. as the the parks annual for growth Furious occurred our in million natural the the $X.X as investing remain and a that XXXX Universal from the domestic in Jurassic franchise. return a in and with starting from resort of this parks our opening Orlando results park in a opening the in new were number and hotel Theme World coming parks to $XXX attractions We at Film Japan by summer, slate in XXXX increased about XXXX, in Fast an for revenue Beijing. at Nintendo And fourth our recovers underscored park our Halloween and
to on Sky Turning Slide X.
pleased the execution are We quarter. On a as fourth Sky's financials results basis, our of reported in of with Sky XXXX. is in included Xth, October
As a I our detail, what's forma performance discussing rates through and on consistent the in forward approach more the release go as constant XXXX earnings Sky's with on transaction I'll January currency be refer if occurred in will reflected basis, our and results results. growth pro go for to Sky's had Xst,
of Serie of in reflecting Sky's total net for Champions third up its broadband in in in and fourth contracts led increased driven whole XX.X% Europa revenue all markets. League for of as Sky's at penetration increase XX.X% X.X% the Sky new Mobile the of penetration quarter, customer additions quarter in EBITDA by Champions expenses, product an fourth grew Sports Advertising Sky and inventory cost Sky to in Germany. growth UK for Serie operating due each million, in X.X% offset total benefiting viewing driven in revenue full $XXX in of sports One by sports and Fiber performances Formula customer penetration and Germany. fourth in UK the Sky's in position A increase XXX,XXX from the by Italy reflecting on reflecting offering as and TV, sports customer a acquired $X TV and Soccer the Sky's increased and Italy, a year-over-year net quarter in by Germany, revenue the from sports healthy revenue growth driven Sky's programming has new end partially to programming. increase and year new sports exclusive rate pay with rights deals. UK. revenue driven billion, UEFA Q, League number in pay primarily $XX.X its reflecting year maintained channels content of base UEFA League added Sky's XX% including X.X% homes. footprint XXX,XXX the million slate Sky's lines the of year Champions Italy growth the throughout soccer in TV reflecting new over the healthy enhanced with provider relationships quarter, product to in to Italy of For UK. successful customers, X.X Mobile Sky's customer markets. from was in billion League successful million growth increased improved strong XX direct-to-consumer, in up X.X Fiber full past to each in year well Sky by selling to its customer reached increased its and its advertising. sports the XX% A fourth $X.X Sky's including the party advertising and growth TV and Direct-to-consumer Germany X%, relationships advanced of by quarter, ongoing one X.X%, was XXX,XXX and programming XX% networks movie as out territory DTT increased Sky markets across homes key was Sky and Italy and ago. adjustments at year, content there growth months which deployment pay launch core with monetization premium to newly rolled Italy and growth for capital increased growth million end like rights the original the and fourth the rights
$XX.X the year. billion revenue and terminations pro Sky's $X.X to reflects results contract related and increased $XXX tolling to X.X% quarter billion. second XXXX settlement For X.X% forma for full This the a year, EBITDA impacted that to and costs million costs third decreased
Italy. costs, costs the these new EBITDA customer about increased full partially offset advertising and programming in and associated acquisition product for with Sky's growth would expenses increased X% Sky's Excluding reflecting have launch by year, direct-to-consumer, revenue, content in
to exciting as back attaching its sports we year new growing executing primarily half, the Italy, which to will of like half, expect XXXX, as launch from its as costs, EBITDA In ahead in half strategy reflecting League will additional EBITDA Champions increased to the begins XXXX. monetizing of Premier content. investments be in Sky healthy with penetration A growth on commenced benefit in in due products, second TV August League of from including well Looking growth weighted, as its broadband rights timing Serie full August well by of its costs opportunities XXXX. deliver and contract will Sky Sky's lower first contracts, in XXXX original and the the the increase in which contracts, which associated lapping cost new these new
in across ability $XX.X each for Cable, comprised and and to share up of year repurchases generated exit towards to a $X.X and NBCUniversal our continued throughout company leverage billion together previously of make XX announced XXXX $X teams of Slide engaged and capital, that and free are cash confidence in billion XXXX. we to flow capabilities returned progress us Wrapping $X.X the billion on further our in working opportunities other's strengthen Sky with the Additionally, the dividends. our highly synergy shareholders, return healthy rate and expectations in of growth giving good through
pro increase consecutive year $X.X annual the We outlook growth XX% forward. net for about are increase, going in XXth forma We times. confidence and our dividend, reflecting pleased with leverage our to a of ended announce our
pleased to as in repurchase are to ratings. XXXX successful in pausing with current our share execution and program part we in results leverage of As October, consistent commitment with our levels our our I'm XXXX. Overall, returning we said
as for across We to Jason business about turn with start the be XXXX. that we I'll it Q&A. lot to over excited And a have