Will Peacock Exist in a Year?
It's zero dark birdy as the streamer reports, literally, no new subscribers in Q2
As recession fears mount, Comcast becomes the latest to deliver a bleak earnings picture, with its streaming service Peacock stuck firm on 13 million subscribers, despite spending over $2 billion a year on content.
Hosts Janice Min, Tatiana Siegel and Sean McNulty discuss what that might mean for its future and what to expect next on the earnings front (Warner Bros. Discovery, Paramount and Lionsgate will report their results in the coming days, and the New York Times and BuzzFeed are on deck amid the ever-shrinking digital ad spend).
Also on today’s episode, Netflix gives a limp green light to more of The Gray Man, and lands the opening movies for the Venice Film Festival and the Toronto Film Festival. But are those slots cursed?
Never miss another podcast or story about the entertainment industry and become a paid subscriber.