Peacock Turns Profit, Comcast Reports Q2
Comcast’s second quarter benefited from World Cup revenue on Telemundo and a first-time profit for Peacock, though overall quarterly profit declined from a year earlier due to a large Hulu stake gain last year and cable/broadband headwinds. The company reaffirmed plans to spin off NBCUniversal and Sky, stressing Peacock’s profitability and live sports as central to sustaining growth across connectivity, content, and studios amid a broad strategic pivot.