NBC Peacock is one of the newest streaming services available and it’s doing well, especially in the COVID-19 lock-down environment…
Comcast’s new Peacock streaming platform has successfully added 10 million customers since its limited launch in April and following its national roll out in mid-July. This is the highlight in the company’s second quarter earnings report as net income for the period dropped 4.4 percent to $2.99 billion on revenue of $23.7 billion.
NBC Peacock Streaming Service Added 10 Million Customers Since April
Peacock managed to outperform rival HBO Max, which added 4.1 million subscribers, since its launch in May. However, this is far shy of Disney+, which reached 54.5 million subscriptions in early May. Meanwhile, Comcast’s home internet and cable segment fell flat at approximately $14.4 billion, even though it shed 477,000 video customers.
Additionally, ad revenue for the company’s cable networks, which include Bravo and USA Network, fell 27 percent, to $679 million. Its broadcast networks, NBC and Telemundo, experienced a decline in ad revenue of 28 percent. Comcast chairman and CEO Brian Roberts wrote in a statement:
“NBCUniversal successfully launched Peacock in Cable’s footprint in April, ahead of the streaming service’s U.S. nationwide launch earlier this month, with 10 million sign-ups to date.”