The NBCuniversal Streaming Service Peacock increased earnings in the fourth quarter, decreasing from $ 372 million to $ 372 million in the same period of the previous year, and the loss in 2024 in 2024 due to “almost $ 1 billion” was lost. Increased $ 1 billion from a loss of $ 2.750 million. In 2023, COMCAST reported on Thursday.
PEACOCK’s annual revenue in the COMCAST media category was $ 46 % and $ 4.9 billion. In the fourth quarter, it reached a 1.3 billion dollar revenue from $ 1 billion in the previous year. The streamer ended in December and ended with more payment subclings than the year. At the end of 2024, which was provided as a rounded person, the current peacock sub -count was 36 million at the end of September, and the company disclosed that it increased from 31 million at the end of 2023.
Peacock reached the highest month in August, thanks to the summer Olympics in Paris, gaining the largest share of use of television in the United States in the four -year history of streamers. However, the streamer was also enforced to new customers on July 18 and began to increase prices to existing subscribers on August 17.
Mike Cavana, President of Morning Analyst Call, will add about 50 exclusive regular seasons and post -season NBA games in the second half of this year, in the second half of this year, in the second half of this year. I predicted that.
On the other hand, NBCU’s unit revenue and interest, taxes, depreciation, and before the revenue (eBitDa) (eBitDa) increased by the success of Wyikid’s success in Wikid, starring Arian Grande, Cynthia, Michelou, and wild robots. did.
The COMCAST cable system unit decreased by 3,89,000 in the previous year, 311,000 domestic video clarity every quarter. In the fourth quarter of 2024, domestic broadband customers have a net loss of 139,000. This includes the modest negative effects related to Hurricane Milton and Helen, compared to the losses of 34,000 people in the same period of the previous year.
Analyst call Cavanagh, called “disappointing” in December 2024, has dealt with a steep broadband subscriber loss than previous predictions. There are no signs that this will change in the short term. ”
The addition of the wireless line net in Japan was 307,000, almost not changed from 310,000 in the previous year.
COMCAST, led by Chairman and CEO Brian Roberts, announced in late November to other entities on most spin -off plans of Mark Lazarus led by Mark Lazarus. CAVANAGH has established a new network company for COMCast about trying to spin off many cable channels such as USA Network, Syfy, MSNBC, and CNBC.
“SPINCO is enough to lead the cable and digital media changes,” he told analysts, and NBCUNIVERSAL coordinates “World -class content technology, its properties, and talents. It is expected to stay in the trajectory of work.
COMCAST CEO’s Roberts, how did the media konglomarit support the TV audience, which has been shifting from legacy cable network to streaming services by planning a programming that focuses on sports, genre -based entertainment, and news. I talked about.
He argued that 98 % of viewing in Peacock did not come from spinko networks. “So they need their own consumer digital initiatives and focus and investment,” Roberts said.
“In addition to the NBA -like things, combined with the Olympics, combined with the football on Sunday night, it is a show like a day of the jackal, which is called the appearance of the United States in the NBC. He added that it was a very exciting business, using the NBC and the opposite of the past.
Spinco contains cable channels such as USA, CNBC, MSNBC, SYFY, E. Golf channel and digital business such as Fandango and rotten tomatoes. Cable Channel Bravo, a NBC broadcaster network and streaming serving cock, continues to be part of COMCAST’s Entertainment Arm Nbcuniversal.
Cavanagh describes the reorganized media business as follows: We are running a broadcast and streaming strategy, and we have been trying to optimize it for many years. COMCAST’s executive told analysts that it was too early to sketch that most cable network spin -offs were performed to another entity under Lazarus.
“I want to give them time and space to understand it,” Roberts told analysts.
In the fourth quarter, the profits of the studio unit increased by 6.7 % to $ 3.27 billion due to the rapid increase in theater revenue. COMCAST has risen theater profits because recent release performance, including Wicked and The Wild Robot, has succeeded.
Adjusted EBITDA, a adjusted Studios segment, recorded $ 569 million from nearly 85 % jumps due to an increase in profits and reduced operating costs. The latter was due to reduced marketing and promotion costs.
The quarterly revenue of media units increased by 3.5 % to $ 7.22 billion, mainly due to the increase in domestic distribution revenue. “I was driven to increase the number of paid subscriber compared to the previous period,” benefited from the increase in Peacock’s revenue. International network profits have increased due to the influence of foreign currency positive and “increased profits related to sports network distribution”.
Adjusted EBITDA, the media sector, jumped to $ 298 million to 175 % due to high profits and high operating costs. “The consistent operating costs reflect the consistent programming, production costs, marketing and promotional reductions, and are mainly offset by this quarterly retirement,” said COMCAST. See employment reductions. “Programming and production costs were consistent due to the combination of programming costs in Peacock and the combination of domestic sports programming costs in the network. Guild work stopped during the previous year.”
Investors seemed to be focusing on the decrease in broadband subscriber, so COMCAST’s shares decreased by 4 % on commercial transactions as of 8:00 am on Thursday.
