NBCUniversal’s Peacock streaming service lifted revenue 85% to $820 million in the second quarter but its losses, before interest, taxes, depreciation and amortization, rose 39% to $651 million. The streaming service, which reported 24 million paying subscribers, is now losing 79 cents for every dollar in revenue it generates. That is, however, an improvement on the year-earlier period when...
NBCU’s Peacock Streaming Service Lifts Revenue and Losses
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