Peacock turns a profit as Comcast preps NBCU-cable split
TVREV’s Jason Damata reports that Comcast’s Q2 results show Peacock hit profitability for the first time since 2020, even as broadband keeps losing subscribers. The mix bolsters NBCUniversal’s standalone case ahead of its planned split from Comcast’s cable business.
Why it matters. NBCUniversal can now point to Peacock’s first profitable quarter to justify its standalone valuation as Comcast finalizes the cable spinoff.
Signal from TVREV · Jason Damata · read the original.
All gas. No brake. Free.
What’s happening, why it matters, who reported it, who followed, and how the story develops. Free with a reader account. Unsubscribe any time.
Continue free →