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Good morning, ladies and gentlemen, and welcome to Comcast fourth-quarter and full-year 2024 earnings conference call. (Operator Instructions) Please note that this conference call is being recorded.

Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.

Comcast, led by chairman and CEO Brian Roberts, reported fourth-quarter and full-year results for its entertainment unit and other operations.