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Peacock Loses $500+ Million Despite New Subscriber Milestone
['Brandon Schreur']
ComingSoon.net – Movie Trailers, TV & Streaming News, and More
Despite a rise in subscribers, Peacock lost more than $500 million last quarter.
Comcast, which owns the Peacock streaming service, announced its financial results for the fourth quarter earlier today.
The streamer recorded 44 million paying subscribers, compared with 41 million at the end of the third quarter and 36 million a year ago, the company said Thursday.”Comcast CFO Jason Armstrong said that Peacock’s losses are expected to “meaningfully improve again” in 2026.
CEO Brian Roberts also addressed why the company hasn’t made any significant move to buy Warner Bros.
And there’s a lot of conversations on whether there are opportunities to build value, and we’re always open to that.