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Peacock Streaming Service Suffers Huge Financial Loss For 2021

Posted By: Ben Jordan Kerin on Jan 27, 2022

The Hollywood Reporter has shared details from Comcast’s recent 2021 fourth-quarter earnings report that included figures relating to NBCUniversal Peacock.

The Peacock streaming service reached 24.5 million active accounts in the US in 2021, but lost $1.7 billion despite making $778 million in revenue for the entire year.

The platform has lost the company a whopping $559 million in the last quarter of 2021 alone. Before signing the WWE Network deal, Peacock had an adjusted loss of $663 million in 2020, on $118 million in revenue.

Peacock has been the home of the WWE Network in the US since March 2021.

 

If you reference any quotes from this piece, please attribute them to the original source, and kindly credit WrestlingNewsSource.com (h/t) for the transcription.


 

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