Comcast revealed that Peacock has surpassed 22 million subscribers as part of its Q1 earnings release this week.
Peacock subscriptions are up 60% over the same period in 2022.
- Peacock revenue also increased year-over-year in Q1 by 45%, to $685 million.
- Despite
these gains, Comcast is still taking an overall loss on Peacock,
spending $880 million on the platform in the same period.
- Box
office grosses from hits "Puss in Boots: The Last Wish" and "M3GAN" led
to a slight uptick in revenue for the Universal film studio.
- The news came just days after the termination of Jeff Shell
as CEO of NBCUniversal; Shell claims he was let go due to an
"inappropriate relationship" with a female colleague, while Comcast
suggests it was due to allegations of sexual harassment and
discrimination.
