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PEACOCK SUBSCRIPTIONS DROP

By Mike Johnson on 2024-07-23 11:54:00

Peacock, which currently licenses WWE's live PPV events and the WWE Network library in the United States saw subscriptions drop to 33 million from 33.5 million in this quarter a year ago, according to Comcasts latest quarterly earnings.

The report noted that Peacock revenue "climbed 28% to $1 billion, while adjusted EBITDA improved to a loss of $348 million, nearly halving the year-ago loss of $651 million."

Comcast touted this quarter was the best year over year improvement for the streaming service since it launched in 2020.

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