https://www.breitbart.com/entertainment/2023/10/26/streaming-carnage-nbcuniversals-peacock-loses-565m-in-3-months-expected-to-lose-2-8b-in-2023/
Streaming Carnage: NBCUniversal’s Peacock
Loses $565M in 3 Months, Expected to Lose
$2.8B in 2023
Breitbart, by David Ng
Posted By: Beardo, 10/27/2023 2:55:34 PM
NBCUniversal’s Peacock lost more than half a billion dollars during the three months of summer, the latest example of Hollywood’s streaming carnage that has seen studios struggling to carve out a profitable piece of the home video market. (snip) For the year so far, Peacock’s losses amount to $1.92 billion. (snip) Peacock serves as the streaming home to some of the far-left MSNBC’s programming, including The Reid Out, hosted by Joy Reid. The streamer also produces The Mehdi Hasan Show. (snip) Disney reported its streaming business — including Disney+ and Hulu — lost $512 million for the fiscal third quarter, while Paramount+ lost $424 million for the same period.