Peacock Exceeded $1B Revenue in Q4 as Sports Drive Streaming Engagement
CMCSAComcast(CMCSA) PYMNTS·2024-01-26 04:02

Peacock is seeing rapid growth, leveraging exclusive sports content to drive adoption in the face of stiff competition in the streaming space. The streaming platform’s parent company, Comcast, reported in its fourth-quarter 2023 financial results that Peacock experienced significant growth in paid subscribers and revenue. The streaming platform saw a nearly 50% increase in paid subscribers compared to the prior year period, reaching 31 million subscribers, and revenue shot up by 57% year over year, marking ...