Peacock Climbs to 24 Million Subscribers as Industry Strikes Continue

The streaming service lost $651 million in the second quarter

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A week after wrapping its upfront talks, NBCUniversal announced Peacock climbed to 24 million subscribers, a gain of 2 million from last quarter.

That’s nearly double the 13 million it reported just a year ago, but losses are still high. Though revenue rose 85% to $820 million, Peacock lost $651 million in the second quarter and $704 million in the previous one.

The majority of its subscriber gains came from converting Comcast subscribers who previously got the service for free into paying customers.



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