We have had a lot to say about the streaming wars here at Last Movie Outpost. We have waxed lyrical about the sustainability of the model, the winners, and the losers. Sometimes we are dead wrong. Other times we are right.
One streaming service that flies under the radar at the moment a little is Peacock. The Comcast-owned division of NBCUniversal is named after their logo. As it is backed by a major broadcaster with a decent-sized movie studio and television production house attached, at least content shouldn’t be an issue.
Peacock was subsequently launched in the UK under the Sky service after Comcast purchased Sky TV from Fox and the Murdoch media empire. Everybody Hates Chris, Ray Donovan, Saved By The Bell, and Undercover Boss are among the shows available.
Comcast has revealed that the service has hit 24.5 million monthly active accounts in the U.S. at the end of 2021. This is up by 4.5 million in the second half of the year. Of that 24.5 million, approximately 9 million are paid subscribers. 7 million come from bundled offers and promotions.
The company confirmed to Deadline that the streaming service generated $778 million in revenue. This led to a $1.7 billion loss for the full-year 2021. According to the analysts this puts it on plan to break-even in 2025.