Peacock's Profitable Shift: A Test Case for Streaming's Live Event Conundrum The recent profitability of Peacock, NBCUniversal's streaming service, marks a significant milestone in the entertainment industry.
The $189 million adjusted EBITDA figure is noteworthy, especially given that the platform was once seen as an afterthought.
Launched in 2020 with a focus on classic NBC sitcoms, Peacock has since pivoted towards live and original content.