Comcast said Peacock hit 24.5 monthly active accounts in the U.S. at year end, up from 20 million as of June, the last time the media giant provided number.
The company posted a solid fourth-quarter with results beating Wall Street expectations, including revenue of $30.9 billion (vs $29.6B anticipated) and adjusted EPS at 77 cents a share (vs 74 cents forecast).
At NBCUniversal adjusted EBITDA rose 6% to $5.7 billion, including losses from Peacock investment.
Studios revenue increased 36.4% to $2.4 billion in the fourth quarter reflecting higher content licensing revenue, home entertainment and other revenue, and theatrical revenue. Theatrical revenue increased by $80 million, primarily due to current year releases, Sing 2 and Halloween Kills
Media revenue increased 8.4% to $5.8 billion in the fourth quarter of 2021, primarily reflecting higher distribution revenue and advertising revenue. Ad sales increased 6%, reflecting higher pricing and additional Peacock sales, partially offset by a decline in ratings and lower political advertising
Theme Parks continued to recover quickly from the ongoing negative Impacts of COVID-19, benefiting from strong demand from domestic guests in the U.S. and Japan. The division celebrated the Grand Opening of Universal Beijing Resort in Sept.