Thursday 30 July 2020

Peacock has added 10 million customers since April

Illustration by Alex Castro / The Verge

Comcast’s new Peacock streaming service has added 10 million customers since its limited launch in April and national launch in mid-July. The announcement was a bright spot in the cable giant’s otherwise mostly grim second quarter earnings report, as it continued to feel the effects of the coronavirus pandemic on its entertainment divisions. Net income for the quarter fell 4.4 percent to $2.99 billion on revenue of $23.7 billion.

“NBCUniversal successfully launched Peacock in Cable’s footprint in April, ahead of the streaming service’s U.S. nationwide launch earlier this month, with 10 million sign-ups to date,” Comcast chairman and CEO Brian Roberts said in a statement announcing the earnings results. Peacock, considered a relatively...

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source https://www.theverge.com/2020/7/30/21345031/comcast-peacock-cable-second-quarter-earnings-customers

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