Comcast Takes $520M Loss On Peacock, Doesn't Disclose New Sign-Ups - NewsBreak

Home > Business
By Shannon in Business
Updated 2 years ago

Comcast on Thursday reported $230 million in revenue and a $520 million adjusted loss related to NBCUniversal streaming service Peacock in its third quarter earnings. That compared to $41 million in revenue and an adjusted loss of $233 million in the comparable year-ago period. For the first time since the launch of Peacock last year, management didn't provide an update on the number of signups in either the earnings release or call. NBCUniversal CEO Jeff Shell said only that the company has "added a few million more subs," more monthly active accounts. The company previously said that Peacock had ended the second...

comcast-takes-520m-loss-on-peacock-doesn-t-disclose-new-sign-ups-newsbreak