Peacock’s $614 Million Q3 Loss Looks Quaint Next to This Massive Write-Off
Four years ago, Comcast bought Sky for $39 billion. Today, the company revealed it will write off $8.6 billion of that in Q3 2022 alone.
Four years ago, Comcast bought Sky for $39 billion. Today, the company revealed it will write off $8.6 billion of that in Q3 2022 alone.
Decisions, decisions. Should Comcast’s NBCUniversal buy Hulu, Paramount, or Warner Bros. Discovery?
Peacock added no paid subscribers in Q2 and lost 1 million monthly active accounts on the free tier. There’s help — and options — on the horizon.
Although Comcast beat analyst expectations, executives declined to provide meaningful statistics on Peacock’s performance.
Comcast reported strong earnings on Thursday as the conglomerate continues to recover from the coronavirus.
After snagging the show from Netflix in early 2021, Peacock locked all but the first two seasons of “The Office” behind a paywall.
NBCUniversal CEO Jeff Shell stated that “The Office” has been a key draw for Peacock.
The Turner Classic Movies shift comes a few months before Comcast and WarnerMedia, which owns Turner, gear up to launch their own streaming services.
It’s unclear why Comcast may be looking to drop Starz, but investors did not react kindly to the news.
Comcast will hold an ownership stake in the company until 2024, but Bob Iger is now the man in charge.
Now that the floodgates are open, what comes next is anyone’s guess — but it’s going to alter the Hollywood landscape.
Comcast Watchable’s new series premieres Tuesday, Feb. 21