Asked directly about when break-even will officially be achieved at Peacock, Cavanagh and Shell did not answer or reaffirm any past outlook. Unlike rival players like Disney and Warner Bros ...

Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks. But shares of the ...

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 management ...

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.

Comcast’s media revenue rose 36.5%, led by NBCUniversal and Peacock. Peacock paid subscribers jumped 29% to 36 million in Q3. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up On ...

“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 ...

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 ...

In addition to the bundled Charter subscriptions, Peacock also raised its subscription rates last year, which contributed to the improved monetization, said Comcast President Mike Cavanagh. Moving ...

The topsy-turvy move would see Peacock’s extensive lineup of live sports become available on linear TV as well as streaming.

Peacock has nearly doubled its subscriber base to 24 million over the past year, which is partially due to its investment in live sports. And it doesn’t appear that Comcast is stopping at the ...