Peacock Subs Nearly Double YoY to 24M

Peacock

PHILADELPHIA—Comcast continued to hemorrhage pay TV subs, but reported better than expected earnings and saw strong growth in its streaming operations in Q2 2023 with Peacock nearly doubling its subscriber count year-over-year to 24 million. 

Despite the pay TV sub losses and growing losses from streaming, the stock rose on better than expected earnings of $1.13 per share.