{"id":651553,"date":"2025-01-30T15:15:19","date_gmt":"2025-01-30T12:15:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wicked-boosts-nbcu-studios-unit-peacock-quarterly-loss-narrows-to-372m\/"},"modified":"2025-01-30T15:15:19","modified_gmt":"2025-01-30T12:15:19","slug":"wicked-boosts-nbcu-studios-unit-peacock-quarterly-loss-narrows-to-372m","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wicked-boosts-nbcu-studios-unit-peacock-quarterly-loss-narrows-to-372m\/","title":{"rendered":"#\u2018Wicked\u2019 Boosts NBCU Studios Unit, Peacock Quarterly Loss Narrows to $372M"},"content":{"rendered":"
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\n\tNBCUniversal 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 around $1 billion from a $2.75 billion loss in 2023, Comcast reported on Thursday. <\/p>\n

\n\tIts media<\/a> division results included $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, but the company didn\u2019t detail a sub count compared with 36 million as of the end of September, the company said.<\/p>\n

\n\tPeacock had its best month to date in August, scoring the largest share of TV use in the United States in the streamer\u2019s four-year history thanks, to the Paris Summer Olympics. However, the streamer also launched price increases that went into effect July 18 for new customers and Aug. 17 for existing subscribers.<\/p>\n

\n\tAs streaming profits remain in focus for Wall Street, Comcast CFO Jason Armstrong had last year\u00a0emphasized\u00a0that \u201c2023 marked the peak in annual losses at Peacock, and for 2024 we expect to show meaningful improvements in losses.\u201d<\/p>\n

\n\tMeanwhile, NBCU\u2019s studios\u2019 unit revenue and\u00a0earnings before interest, taxes, depreciation and amortization (EBITDA) increased in the fourth quarter, driven by the box office success of Wicked, starring Ariana Grande, Cynthia Erivo, Michelle Yeoh, and more.<\/p>\n

\n\tComcast, led by chairman and CEO Brian Roberts and president Michael Cavanagh, unveiled a spinoff plan for most of its cable networks into a separate entity, led by Mark Lazarus as CEO, in late November, promising \u201ca new growth trajectory\u201d for the combined assets. <\/p>\n

\n\tSaid Roberts about 2024: \u201cWe had the best financial performance in our company\u2019s 60-year history with record revenue, EBITDA and earnings per share along with significant free cash flow. Driving these results were the many accomplishments our teams have made across our six growth businesses, including 5 percent connectivity revenue growth in an intensely competitive environment, another 1.2 million mobile line additions, and a 5 percent increase in revenue for Business Services. We also had strong performance from our Studios, where we ranked number 2 in worldwide box office, and at Peacock, where we delivered revenue growth of 46 percent, fueled by a diverse slate of sports and entertainment content, including the incredibly successful Paris Olympics.\u201d<\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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 around $1 billion from a $2.75 billion loss in 2023, Comcast reported on Thursday. Its media division results included $1.3 billion of revenue,…<\/p>\n","protected":false},"author":1,"featured_media":651554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2024\/11\/2551_TP_00050-H-2024.jpg?w=1296&h=730&crop=1","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[72125,124783,71338,27947,76498],"class_list":["post-651553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-comcast","tag-international","tag-nbcuniversal","tag-peacock","tag-wicked"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/651553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=651553"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/651553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/651554"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=651553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=651553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=651553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}