Outside of the record-setting Olympic Games revenue announced by NBCUniversal parent company Comcast during its third-quarter earnings, the company made news by announcing exploratory plans to spin off its cable networks into a new company. (ADWEEK)
Flagship streaming service Peacock added 3 million subscribers to reach 36 million. (Deadline)
Peacock grew its third-quarter revenue and narrowed its loss to $436 million from a loss of $565 million in the year-ago period, but the loss widened a bit compared with $348 million posted for the second quarter of 2024 on higher programming costs, driven by the 2024 Summer Olympic Games in Paris.
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