Peacock Climbs to 20 Million Subscribers, Takes Heavy Financial Hits

Even a World Cup year couldn’t make Peacock fly. NBCUniversal’s flagship streaming service surpassed 20 million paid subscribers in the fourth quarter of 2022–a five million addition–driven by live sports, films and originals in Peacock’s best quarterly result since its launch in 2020. That still didn’t stop the bleeding. The cost of investing in those…

(SOURCE) https://www.adweek.com/convergent-tv/peacock-climbs-to-20-million-subscribers/

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