Tuesday, March 21, 2023

NBUniversal expects Peacock losses to peak this year as streamer slowly adds subscribers

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  • Comcast said NBCUniversal’s Peacock will hit peak losses in 2023.
  • NBCUniversal’s earnings were weighed down by losses stemming from the streaming service.
  • Peacock was launched in 2020 and recently surpassed 20 million paying subscribers.

Shell’s fellow executives said Thursday they were optimistic about the streaming service. Peacock added 5 million paying subscribers – its best quarter yet – and the platform now has more than 20 million customers.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC


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