Movies and TV Shows

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Universal's streaming service Peacock Lost $651 Million From April to June, expected to lost $3 Billion in 2023 (www.indiewire.com)

submitted 1 year ago by fuckReddit@infosec.pub to c/moviesandtv@lemmy.film

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Peacock finished the second quarter of 2023 with 24 million subscribers.

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[–] drhandsome@lemmy.film 10 points 1 year ago

I think Apple TV+ will also survive, simple because Apple’s business model permits loss leader services like that (or Apple Music is or Apple Fitness). The whole thing is basically one big elaborate iPhone ad.