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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 ...
If Comcast can maintain the pace of the last five months, about 1 million subscribers per month, it'll reach 30 million paid subscribers by the end of 2023. Driving that growth, at least in part ...
The topsy-turvy move would see Peacock’s extensive lineup of live sports become available on linear TV as well as streaming.
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 ...
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 ...
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 ...
“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 ...
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. That included things like buying back ...
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 ...