Peacock Lost $825 Million in Final 2023 Quarter
The NBCUniversal streaming service ended the year with 31 million subscribers.
The NBCUniversal streaming service ended the year with 31 million subscribers.
JelloBrains, I'd like to see a breakdown of the subs, I imagine many of them are on promotions like the Black Friday $29 a year deal. Let's say it's just 10mm of them, that leaves 21 million others, not knowing if they are paying the ad-supported price or the higher price, I'll just use them as a whole, it works out to everybody needing to pay an extra $40 over the quarter. Streaming just costs too much for everybody to have a service and by the time companies realize it and try to go back to licensing everything to Netflix it will be cable-like pricing which will push more piracy or continue the push of young people turning to only YouTube or TikTok entertainment.
Ashyr, 31 million is a shocking number of subscribers.
Johnvanjim, Pretty sure I’m a member due to some temp/free 6 month offer, not that I’ll ever pay for that service though..
TragicNotCute, Such an interesting headline for the article to be generally positive about its outlook for Peacock.
Stamau123, “Gotta spend money to make money”
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