NBCUniversal streaming service Peacock grew its fourth-quarter revenue and narrowed its loss to $372 million from a loss of $825 million in the year-ago period, with the full-year 2024 loss narrowing by “nearly” $1 billion from a $2.75 billion loss in 2023, Comcast reported Thursday.
Full-year revenue for Peacock in Comcast’s media division results jumped 46 percent to $4.9 billion. For the fourth quarter, it amounted to $1.3 billion of revenue, up from $1.0 billion in the prior-year period. The streamer ended December with more paying subscribers than in the year-ago period. The Peacock sub count as of the end of 2024, provided as a rounded figure, stood at the same 36 million as of the end of September and was up from 31 million as of the end of 2023, the company disclosed.
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