Peacock Loses $704 Million, Reaches 22 Million Subscribers

Parent company Comcast also addressed the recent firing of NBCUniversal's Jeff Shell

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Days after Comcast fired NBCUniversal’s Jeff Shell, the company held its first-quarter earnings call, addressing the former CEO’s departure and Peacock’s growing losses.

Brian Roberts, chairman of NBCU’s parent company, didn’t shy away from the Shell news, telling investors Thursday morning that the firing was “obviously a tough moment” for the organization. As a result, Comcast president Mike Cavanagh will step in as head of NBCUniversal for the time being.

Regarding Peacock, the streamer grew its subscriber base to nearly 22 million, adding 2 million during the quarter as Comcast continues to lean into a dual-revenue model.



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