Peacock Gains Subscribers But Continues to Lose Money as Comcast Beats Earnings Expectations

Peacock gained 2 million paid subscribers in Q2 2023, reaching 24 million, but had a loss of $651 million.
Comcast's Q2 2023 earnings exceeded analyst estimates, with revenue up 1.7% and net income up 25% year-over-year.
Revenue for Comcast's theme parks division reached record levels, aided by new attractions and increased attendance.
NBCUniversal's theatrical revenue rose 66% in Q2 2023, largely driven by the success of "The Super Mario Bros. Movie."
Comcast lost over 500,000 cable TV subscribers in Q2 2023, reflecting the ongoing trend of cord-cutting by consumers.