Thursday, April 25, 2024
NewsPeacock Suffered Huge Financial Loss For 2021

Peacock Suffered Huge Financial Loss For 2021

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The Hollywood Reporter shared some news and notes from Comcast’s recent 2021 fourth quarter earnings report that included figures relating to NBCUniversal Peacock.

The Peacock streaming service hit 24.5 million active accounts in the US in 2021, but lost $1.7 billion despite making $778 million in revenue for the entire year. 

Peacock had lost the company $559 million in the last quarter of 2021 alone. Before signing the WWE Network deal, Peacock had an adjusted loss of $663 million in 2020, on $118 million in revenue.

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