PHILADELPHIA—Comcast reported improved results at Peacock, with paid subscribers growing to 33 million and losses at the streaming service continuing to decline. But it continued to hemorrhage pay TV subs, which fell by 419,000 in Q2 2024, and it lost 120,000 broadband subscribers.
Overall, Comcast’s pay TV subscribers fell from 14.495 million subs a year ago in Q2 2023 to 13.199 million in Q2 2024, a decline of nearly 1.3 million. Meanwhile broadband subs fell by 120,000 in Q2 2024 to 32.068 million, which was also down from the 32.305 million broadband subs in Q2 2023.
