
PHILADELPHIA—Comcast’s Q4 2023 earnings report and the subsequent call with analysts indicate that the service saw significant sub growth in 2023 and improved financial performance, with the streaming service pulling in $1 billion in quarterly revenue for the first time.
Peacock paid subscribers increased nearly 50% compared to the prior year period to 31 million, including net additions of 3 million in the fourth quarter and its quarterly revenue grew 57% YoY.