Peacock Posts $552 Million Loss as Subscribers Rise to 44 Million

[ordnance_qf_17_pounder@reddthat.com]

Imagine actually subscribing to this shit. Damn

[atrielienz@lemmy.world]

To be fair, the headline is a really terrible way to say that Peacock hasn't been in the black, but it's less in the red this year than last year.

[thepantser@sh.itjust.works]

Gaining subscribers but losing money. Which means they are operating at a loss. They would need to increase the price to become profitable but they have to compete with the other 10 services so they have to keep prices low. If they increase cost then customers would flee.

[rafoix@lemmy.zip]

The second they stop gaining subscribers those prices will go up.

[thisbenzingring@lemmy.today]

if I want to watch EPL, its the only option outside of pirating it in the US

[village604@adultswim.fan]

And? The article is about them reporting losses despite gaining subscribers.

[iww4@lemmy.zip]

1/2 a billion..

[mongostein@lemmy.ca]

What is EPL?

That’s the initials of a library as far as I know

[stephen01king@piefed.zip]

Presumably, the English Premier League.

[tidderuuf@lemmy.world]

How many of those a just subscribers from free accounts? Last I checked Comcast offers the accounts, I think TMobile or Verizon does, my employer benefits lets me get one and the one I found hilarious was an Instacart subscription.

There are probably more services out there that add the Peacock "Bonus" account for you.

[jomiran@lemmy.ml]

The Olympics should give them a one month boost.

[jomiran@lemmy.ml]

The Olympics

[tommasz@piefed.social]

Bonuses all around!

[thisbenzingring@lemmy.today]

English Primer League

professional soccer

[mongostein@lemmy.ca]

Ah. Thank you

[nopper@lemmy.dbzer0.com]

Poopcock.