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Peacock reports initial profit

Peacock reports initial profit

The "Peacock" service owned by Comcast announced its first quarterly profit of $189 million before taxes, thanks to an increase in subscribers that reached 48 million, after attracting 2 million new subscribers during the quarter from April to June. Coverage of World Cup matches and reality television programs contributed to higher viewership and sales, which rose by 54% to $1.90 billion, surpassing expectations. Despite this success, the number of broadband subscribers declined by 167,000, and the performance of amusement parks fell due to weak market conditions and rising fuel prices, with ongoing economic challenges in some international markets.

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