“Peacock’s full-year EBITDA loss of $2.5 billion was in line with the outlook we provided a year ago, and for 2023, we expect Peacock losses to be up modestly to around $3 billion,” Comcast ...

Peacock paid subscribers increased nearly 80% compared to the prior year period to 28 million, the company said and added 4 million in the quarter, the company reported. Comcast also reported that ...

NBCUniversal And Comcast Execs “More Confident” Than They Were A Year Ago In Peacock Profit Outlook, Jeff Shell ... didn’t think it was going to return the segment to growth over ...

Comcast reported Q3 revenue of $32. ... Peacock Hits 36M Subscribers, Explores Forming New Company Of Cable Networks. by ... The media segment posted revenue growth of 36.5% year over year to $8. ...

Peacock Tops 20M Subs, Quarterly Loss Widens to $978M, Management Sees $3B Peak Loss in 2023. The studios unit posted improved financials as theatrical revenue jumped 47.3 percent, while ...

When Comcast unveiled its plans for Peacock nearly three years ago, it provided an extremely modest long-term outlook for the streaming service. The company has managed to far exceed those ...

Our outlook for growth and our strategy has been consistent: we will compete aggressively, but in a financially disciplined way. ... The only area where Comcast seems committed is with Peacock.

This growth can be attributed to the streaming revenue growth of Peacock. Peacock revenues increased by 54% to $1.1B and the subscriber count increased by 55% year over year to 34M.

Driving that growth, at least in part, is the increased content spend. Management said it planned to increase its 2022 budget from $1.5 billion to $3 billion.

Comcast’s core cable business enjoys significant competitive advantages but has seen growth slow as fixed-wireless offerings have provided a viable option for a subset of customers. NBCUniversal ...

NBC Universal is reportedly considering a sports network that would feature NBA coverage, according to reports from The Wall ...