According to Peacock’s subscription flattened at 41m in the second quarter of 2025, but the streaming service reduced its losses to $101 million.
Reporting its second quarter financial results, Comcast was driven in revenue from its streaming platform by 18% to $1.2 billion, partly driven by the success of the Reality series. Love Island USA. Revenue reduced losses that reached $348 million in the second quarter of 2024.
During a conference call with analysts, Comcast President Michael J Cavanagh said Peacock “continues to provide considerable value.” “We have taken on the challenge and opportunity to create a streaming service for Peacock, and we are proud to say we can see a very strong and continuous momentum there,” he added.
In the NBCuniversal Studios division, Comcast reported quarterly revenues increased by 8% to $2.4 billion. This is primarily due to increased content licensing and theatrical revenue. Theater revenues rose 20% to $284 million. Live-action version of Universal Pictures How to Train a Dragon He was a strong performer with over $600 million worldwide box office revenue.
Overall, Comcast, which also owns European television giant Sky, saw its second quarter revenue edge increase by 2.1% to $30.3 billion. Net profit jumped from 183.1% to $11.1 billion, primarily due to the sale of Comcast’s stake in the Hulu streaming service to Disney.
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