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Skavau@piefed.socialM to Television@piefed.socialEnglish · 13 days ago

Peacock Posts $552 Million Loss as Subscribers Rise to 44 Million

www.hollywoodreporter.com

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Peacock Posts $552 Million Loss as Subscribers Rise to 44 Million

www.hollywoodreporter.com

Skavau@piefed.socialM to Television@piefed.socialEnglish · 13 days ago
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Comcast, led by Brian Roberts and Michael Cavanagh, reports its fourth-quarter financials and operating updates.
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  • ordnance_qf_17_pounder@reddthat.com
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    13 days ago

    Imagine actually subscribing to this shit. Damn

    • thisbenzingring@lemmy.today
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      13 days ago

      if I want to watch EPL, its the only option outside of pirating it in the US

      • Mongostein@lemmy.ca
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        13 days ago

        What is EPL?

        That’s the initials of a library as far as I know

        • stephen01king@piefed.zip
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          13 days ago

          Presumably, the English Premier League.

        • P00ptart@lemmy.world
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          13 days ago

          Soccer

        • thisbenzingring@lemmy.today
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          13 days ago

          English Primer League

          professional soccer

          • Mongostein@lemmy.ca
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            13 days ago

            Ah. Thank you

    • Jo Miran@lemmy.ml
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      13 days ago

      The Olympics

  • ThePantser@sh.itjust.works
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    13 days ago

    What do you mean people don’t like paying for 10 subscriptions to watch what they used to be able to watch with 1-2 subscriptions? Oh well it’s just the market is deciding.

    • village604@adultswim.fan
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      13 days ago

      What are you talking about? They are gaining subscribers.

      • ThePantser@sh.itjust.works
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        13 days ago

        Gaining subscribers but losing money. Which means they are operating at a loss. They would need to increase the price to become profitable but they have to compete with the other 10 services so they have to keep prices low. If they increase cost then customers would flee.

      • rafoix@lemmy.zip
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        13 days ago

        The second they stop gaining subscribers those prices will go up.

        • village604@adultswim.fan
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          13 days ago

          And? The article is about them reporting losses despite gaining subscribers.

    • ohulancutash@feddit.uk
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      13 days ago

      Didn’t even read the headline

      • atrielienz@lemmy.world
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        13 days ago

        To be fair, the headline is a really terrible way to say that Peacock hasn’t been in the black, but it’s less in the red this year than last year.

  • TomMasz@piefed.social
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    13 days ago

    Bonuses all around!

  • tidderuuf@lemmy.world
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    13 days ago

    How many of those a just subscribers from free accounts? Last I checked Comcast offers the accounts, I think TMobile or Verizon does, my employer benefits lets me get one and the one I found hilarious was an Instacart subscription.

    There are probably more services out there that add the Peacock “Bonus” account for you.

    • Jo Miran@lemmy.ml
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      13 days ago

      The Olympics should give them a one month boost.

  • NOPper@lemmy.dbzer0.com
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    12 days ago

    Poopcock.

  • IWW4@lemmy.zip
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    13 days ago

    1/2 a billion…

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