Peacock Adds 2M Subscribers In Q2, Turns First Profit; Studio A Standout As Comcast Plots Next Big Move

NBCUniversal’s Peacock swung to a $189 million profit for the three months ended in June—its first quarter in the black—and added 2 million paid subscribers to reach 48 million. The subscriber growth alongside profitability suggests improving unit economics versus prior loss-making periods. Likely supportive for near-term investor sentiment toward streaming profitability.

Analysis

NBCUniversal’s Peacock swung to a $189 million profit for the three months ended in June—its first quarter in the black—and added 2 million paid subscribers to reach 48 million. The subscriber growth alongside profitability suggests improving unit economics versus prior loss-making periods. Likely supportive for near-term investor sentiment toward streaming profitability.