Peacock Hits Profitability As Comcast Prepares To Spin Off NBCU
Peacock hit what Comcast Co-CEO Mike Cavanagh called “meaningful profitability” for the first time in Q2, just as Comcast decided to let it leave the nest.
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Jason Armstrong
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NBCU’s Peacock Is Officially On Its Way To Profitability
NBCUniversal successfully called its shot with the nickname “Legendary February.”
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Peacock And Sports Are Still Shining Beacons For Comcast’s Advertising Business
Comcast has had a pretty rough go of it lately – but there’s still plenty of room for a turnaround.
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Comcast’s Q2 Earnings Show Streaming Momentum, But Legacy Pressures Persist
NBCU’s streaming losses were down to $100 million in Q2 from $348 million year-over-year, representing significant progress as the platform nears break-even.
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Comcast Might Be Losing Revenue, But Not NBCU’s Peacock
Parts of Comcast might be struggling, but the company still feels “well-positioned” in advance of the TV upfronts in May, according to CFO Jason Armstrong.