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entertainment media/telecom

Comcast’s Peacock Reports Solid Growth in Paid Subscribers

By
Jessica Toonkel
· · Source: The Information

Comcast claimed vindication for its streaming strategy on Thursday, as executives responded to questions on the company’s earnings call aboutthe crash in media stocks following Netflix’s first quarterly loss in subscribers in over a decade. Comcast’s Peacock streaming service lifted its paid subscribers to 13 million, up from 9 million at the end of 2021. While that’s a tiny fraction of the...

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