Peacock Hits 42 Million Sign-Ups, NBCU Earnings Drop

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Peacock Hits 42 Million Sign-Ups, NBCU Earnings Drop
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Cable giant Comcast reports first-quarter results, including for its entertainment unit NBCUniversal and European pay TV arm Sky, with streaming service Peacock growing.

Cable giant Comcast reports first-quarter results, including for its entertainment unit NBCUniversal and European pay TV arm Sky.

Comcast on Thursday also reported its first-quarter financials, with entertainment arm NBCUniversal posting an adjusted earnings before interest, taxes, depreciation and amortization drop of 11.8 percent. The results are the first with a new NBCU reporting structure, which includes Peacock and its higher investments. The new financial reporting, following a restructuring that aligned TV and streaming operations, is for NBCU's media segment, studios unit and theme parks arm.

 

Streaming is the way 😅😅

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