variety.com
reports
record
2020
Peacock Lost $914 Million in 2020, Comcast Filing Reveals
Reading now: 810
variety.com
variety.comTodd Spangler NY Digital EditorPeacock, NBCUniversal’s fledgling streaming service, was — unsurprisingly — drenched in red ink last year.Peacock had a $914 million adjusted loss for 2020, according to a Comcast filing with the SEC Monday.
The streamer contributed $118 million in revenue to NBCU. In addition, Comcast recorded $989 million in “eliminations” for Peacock last year, which are intracompany payments (e.g.
content licensed to Peacock from other NBCU units).Comcast said Peacock had 33 million signups in the U.S. at year-end but hasn’t provided metrics on how many of those are paying subscribers.
The service, available in free and premium subscription tiers, launched for Comcast cable subscribers last April and went nationwide in.
Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations