Peacock’s Promising Start to 2023 Might Not Be a Fluke

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3 • 847 Ratings

🗓️ 31 January 2023

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to discuss NBC’s typically struggling streaming service, Peacock, and its strong start to 2023. With shows like 'Yellowstone' and movies like ‘Nope,’ Peacock saw a 40 percent increase in subscribers in Q4 of 2022. Matt and Lucas discuss why Peacock may be long for the streaming world, what Comcast should do with its stake in Hulu, and how long Peacock can lose money before pulling the plug. Host: Matt Belloni Guest: Lucas Shaw Producer: Craig Horlbeck Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey everyone, it's Ariel Hawani.
0:02.4	And I'm Chuck Mindenhall.
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0:24.5	Peace.
0:25.2	We're out of here.
0:29.8	It is Monday, January 30th.
0:32.8	Peacock has kind of been the punching bag of the streaming wars.
0:36.5	It's the smallest of the major company
0:38.0	services. It's only been around two and a half years. It's U.S. only. It's owned by a cable company,
0:43.3	Comcast, sort of torn between the old world and the new. Not a lot of buzzy shows. And its biggest
0:49.2	hit, some would say it's only hit, is Yellowstone, a show from another company, Paramount, ended up on Peacock basically
0:55.1	by some deal-making fluke. That's all still pretty much true, but this week we got some updated
0:59.8	numbers on Peacock, and they weren't terrible. The subscriber number shot up to 20 million.
1:04.5	That's a 5 million gain in just the fourth quarter. It doubled its revenue from 2021,
1:09.7	and the programming is objectively getting better.
1:12.3	The NBC shows that used to be on Hulu the day after they air have moved over.
1:16.7	I watch SNL there. My wife watches Housewives. The Universal movies are there. I watched
	...

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