Peacock Lost $1.7 Billion In 2021

Peacock Now Reaching 33m Subscribers

Comcast has announced that its streaming service Peacock has hit 24.5 million monthly active accounts in the U.S. at the end of 2021 – up by 4.5 million from June.

Of those 24.5 million, approximately 9 million are paid subscribers and 7 million are via bundles with the base approaching average revenue per subscriber of $10 per month, including those on the lower tiers with ads.

The company confirmed the streaming service generated $778 million in revenue and lost an adjusted $1.7 billion for full-year 2021 – that’s compared to $118 million in revenue and a $663 million loss for the year 2020.

Executives have previously indicated the SVOD platform would hit break-even in 2025.

Source: Deadline