Thread regarding Comcast layoffs

Finally some good news

Comcast sees investment in live sports paying off as Peacock revenue and subscribers spike

Comcast Corp. saw Peacock subscribers jump nearly 80% year over year in the third quarter with revenue from the platform growing 64% as the media giant continues to battle its competitors in the streaming wars.

https://www.bizjournals.com/philadelphia/news/2023/10/26/comcast-peacock-grows-subscribers-revenue-jumps.html

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| 758 views | | 1 reply (October 27, 2023)
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The only “streaming war” is the struggle to cover the costs of maintaining infrastructure long term, which isn’t going to be sustainable if the company is counting on the sports audience - most of whom are 50+ and living on fixed incomes.

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