NBCUniversal Bloodbath: Peacock Fails to Grow Subscribers and Loses $467M

NBCUniversal Bloodbath: Peacock Fails to Grow Subscribers and Loses $467M


NBCUniversal can’t seem to whip up much consumer enthusiasm for its Peacock streaming service. The highly touted streamer — which features MSNBC programming and original scripted shows like Queer as Folk  — failed to grow its subscriber base during the second quarter and even lost $467 million in the process.

Comcast, which is the left-wing media conglomerate’s parent company, reported Wednesday that Peacock ended the quarter with 13 million paying customers out of 28 million monthly active accounts, which translates to zero growth from the previous quarter.

To make matter worse, Peacock lost $467 million for the period, a deeper loss that the year-ago period when it lost  $363 million.

Peacock Paid Subscribers Stall at 13 Million in Q2 https://t.co/LUFxPybLV5

— Variety (@Variety)

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