Peacock to Achieve First Profitable Quarter, NBCUniversal Chairman Confirms
By
Dade Hayes
Crisp on the outside, thoughtful on the inside. A keeper.
Summary
NBCUniversal Media Chairman Matt Strauss announced that Peacock, the company's 6-year-old streaming service, will finally turn a profit in the current quarter (Q2). Strauss described this as a major milestone for both the company and the team, and a validation of the consistent and disciplined strategy they have pursued from the beginning. He emphasized that there is no single correct approach to streaming strategy or market execution.
Key quotes
· 3 pulledIt's a big milestone for the company
It's also a beginning to a validation of the strategy that we've had from the beginning, because we've been very consistent and disciplined on the execution of our strategy
There's not one way to approach a streaming strategy or market
You might also wanna read
3 Ways to Stream Peacock Content for Free Without a Trial
The article discusses how Peacock, like many other streaming services, no longer offers a free trial. It presents three workarounds to acces
Rolling Stone·10d ago
MSNBC to Rebrand as MS NOW, Dropping NBC Name and Logo After Spin-off
MSNBC is rebranding as MS NOW (My Source News Opinion World) later this year, dropping the NBC name and peacock logo to establish a distinct
The Onion·9mo ago:max_bytes(150000):strip_icc():focal(975x543:977x545)/Vin-Diesel-Fast-Furious-6-2-051126-717c2cf2a9554e2bbf3eb351e029b04b.jpg)
Vin Diesel Announces 'Fast & Furious' TV Series in Development for Peacock
Vin Diesel announced at the NBCUniversal Upfront presentation that a new 'Fast & Furious' TV series is in development for Peacock. The show
People.com·1mo ago
Dutton Ranch and Off Campus Debut Strong in Streaming TV Ratings
Paramount+'s Yellowstone spin-off "Dutton Ranch" debuted at No. 5 and Prime Video's "Off Campus" premiered at No. 6 among all streaming orig
TVLine·18h ago
Cathie Wood's Roku bet: Streaming stock still down 73% from peak
The article analyzes Cathie Wood's investment in Roku (ROKU), a streaming platform stock that has fallen 73% from its all-time high. Wood ho
bit.ly·12d ago
Anthropic projects first profitable quarter with $10.9B revenue, but sustainability uncertain
Anthropic has informed investors that it expects to more than double its revenue to approximately $10.9 billion in Q2 and achieve its first-
buff.ly·12d ago