Exhibit 12.1

NBCUNIVERSAL MEDIA, LLC

Ratio of Earnings to Fixed Charges

	Pro Forma						Historical
							NBCUniversal			NBC Universal, Inc.
							Successor			Predecessor
							For the Period			For the Period
(dollars in millions)	Six Months Ended June 30, 2011			Year Ended December 31, 2010			January 29, 2011 to June 30, 2011			January 1, 2011 to January 28, 2011			Year Ended December 31
													2010			2009			2008			2007			2006
Earnings:
Pretax income (loss) from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries	$	860		$	1,825		$	899		$	(29	)	$	2,261		$	2,188		$	2,989		$	3,177		$	3,032
Equity in income of investees, net		(169	)		(241	)		(147	)		(25	)		(308	)		(103	)		(200	)		(243	)		(185	)
Fixed charges		267			492			216			45			365			139			183			147			165
Distributed income of equity investees		163			254			163			—			215			182			218			233			185
Amortization of capitalized interest, net of amount capitalized		(2	)		16			(3	)		1			16			(1	)		(14	)		(17	)		(5	)
Noncontrolling interests in pretax income (loss) of subsidiaries		(103	)		(183	)		(96	)		3			(75	)		(58	)		(112	)		(137	)		(180	)
Total Earnings	$	1,016		$	2,163		$	1,032		$	(5	)	$	2,474		$	2,347		$	3,064		$	3,160		$	3,012
Fixed Charges:
Interest expense, excluding amortization of capitalized financing costs	$	206		$	387		$	164		$	37		$	275		$	49		$	82		$	55		$	96
Interest capitalized		12			18			11			1			18			30			45			42			27
Portion of rents representative of an interest factor		49			87			41			7			72			60			56			50			42
Total Fixed Charges	$	267		$	492		$	216		$	45		$	365		$	139		$	183		$	147		$	165
Ratio of Earnings to Fixed Charges		3.8	x		4.4	x		4.8	x		NM			6.8	x		16.9	x		16.7	x		21.5	x		18.3	x

NM = Not meaningful