Peacock Reaches 46 Million Subscribers Despite $432 Million Q1 Loss

NBCUniversal’s Peacock posted a $432 million first-quarter loss while growing paying subscribers to 46 million, aided by Winter Olympics and the NFL’s Super Bowl. Revenue for Peacock rose to about $2.0 billion as advertising and paid subscriptions increased, and Comcast executives framed Peacock as approaching profitability in the current quarter, with a broader earnings backdrop showing strength in NBCUniversal’s media and entertainment segments even as its connectivity business faced ongoing subscriber losses.