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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.
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