Peacock Reports $217 Million Loss Despite Stable Subscriber Count
TL;DR Summary
Peacock, Comcast's streaming service, reported a narrowed third-quarter loss of $217 million with stable subscriber numbers at 41 million, despite a slight revenue decline to $1.4 billion. The company's overall financials showed mixed results across different segments, with growth in theme parks and content licensing offset by losses in other areas. Comcast continues to invest in content and theme park expansion while managing costs and preparing for a corporate separation.
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