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Jon Lafayette

Comcast Reports Higher Earnings as Peacock Makes Progress, but Broadband, Video Subs Decline

Comcast Xfinity store in King of Prussia, Pa. .

Comcast reported higher fourth-quarter as losses from Peacock abated, but the company continued to lose residential broadband and video customers.

Paid subscribers to Peacock rose by 3 million in the fourth quarter to 31 million, Philadelphia-based Comcast said. Subscribers are up 50% from a year ago. The subscriber count does not count the signups that happened before Peacock’s exclusive telecast of an NFL playoff game earlier this month. Comcast has called the game the biggest night on the internet it has experienced., but declined to share how many people signed up.

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