Now Streaming: Peacock achieves quarterly profitability for first time
"Now Streaming" is weekly recap of the stories surrounding the biggest content streamers. PLAYING THIS WEEKEND: Among this weekend's notable new content is Netflix (NFLX) comedy film "72 Hours" starring Kevin Hart, Marcello Hernandez, and Kam Patterson. Meanwhile, Paramount+ (PSKY) subscribers can catch the new season of sci-fi TV series "Star Trek: Strange New Worlds," while HBO Max (WBD) users can watch the first episode of comedy series "Stuart Fails to Save the Universe," a spin-off of sitcom "The Big Bang Theory." COMCAST RESULTS: On Thursday, Comcast (CMCSA) reported better-than-expected adjusted earnings per share and revenue for Q2, with the company noting that Peacock achieved quarterly profitability for the first time ever. Paid subscribers increased by 2M net additions in the Quarter to 48M, driven by the NBA Playoffs, FIFA World Cup, and Love Island USA, Comcast said. "Within Content & Experiences, Media delivered mid-single digit EBITDA growth and Peacock reached profitability for the first time, supported by a broad slate of sports, entertainment and major live events that drove strong engagement across our platforms," said Comcast co-CEOs Brian Roberts and Mike.
"Now Streaming" is weekly recap of the stories surrounding the biggest content streamers.
PLAYING THIS WEEKEND: Among this weekend's notable new content is Netflix (NFLX) comedy film "72 Hours" starring Kevin Hart, Marcello Hernandez, and Kam Patterson.
Meanwhile, Paramount+ (PSKY) subscribers can catch the new season of sci-fi TV series "Star Trek: Strange New Worlds," while HBO Max (WBD) users can watch the first episode of comedy series "Stuart Fails to Save the Universe," a spin-off of sitcom "The Big Bang Theory." COMCAST RESULTS: On Thursday, Comcast (CMCSA) reported better-than-expected adjusted earnings per share and revenue for Q2, with the company noting that Peacock achieved quarterly profitability for the first time ever.
Paid subscribers increased by 2M net additions in the Quarter to 48M, driven by the NBA Playoffs, FIFA World Cup, and Love Island USA, Comcast said. "Within Content & Experiences, Media delivered mid-single digit EBITDA growth and Peacock reached profitability for the first time, supported by a broad slate of sports, entertainment and major live events that drove strong engagement across our platforms," said Comcast co-CEOs Brian Roberts and Mike.