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Peacock Quarterly Loss Narrows to $348M as Subscribers Drop to 33M

Peacock, the streaming service of Comcast’s entertainment unit NBCUniversal, grew its second-quarter revenue and narrowed its loss to $348 million from $651 million in the year-ago period, and $639 million in the first quarter of 2024. The streamer ended June with 33 million paying subscribers, compared with 33.5 million as of the end of March, the company also said on Tuesday. But it touted a gain over the year-ago figure of 24 million. “Peacock revenue increased 28 percent to $1.0 billion” in ...

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