NBCUniversal expects Peacock losses to peak this year as streamer slowly adds subscribers
Publishing timestamp: 2023-01-26 12:32:54
Summary
Comcast's streaming service Peacock has recorded losses of $2.5 billion in 2020, but is expected to peak in 2023 at $3 billion. Peacock recently surpassed 20 million paying subscribers and has been boosted by its deep sports slate, NBCUniversal movies, and next-day airing of programs from cable channel Bravo and broadcast network NBC.
Sentiment: POSITIVE
Keywords: earnings, comcast corp, business, entertainment, warner bros discovery inc, netflix inc, business news, media,
Source: https://www.cnbc.com/2023/01/26/peacock-losses-to-peak-this-year-slowly-adds-subscribers.html