Saturday 27 April 2024

Broadband TV News: Peacock doubles paid subscribers in a year

Story from Broadband TV News:

The number of paid subscribers to Comcast’s streaming service Peacock has increased by 55% over the last 12 months.

The service added 3 million subscribers in the first quarter to reach 34 million.

Peacock revenue also increased by 54% to $1.1 billion.

“Peacock remains one of the fastest growing domestic streamers with impressive acquisition, retention and engagement trends, said Brian L. Roberts, Chairman and Chief Executive Officer of Comcast.

Peacock has grown 12 million subscribers year-on-year at an ARPU of $10.

Its UK service featured on Sky Q has quietly been dropped.

Comcast no longer breaks out subscriber figures for Sky, but reported a drop of 65,000 International Residential Connectivity & Platforms Customer Relationships, a total of 17,782.

Domestic subscribers also decreased by 166,000 to 52.0 million.

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