Comcast More Than Doubles Peacock Streaming Service Sign-Ups in Q3

Rich Duprey, The Motley Fool
·2 min read
Comcast More Than Doubles Peacock Streaming Service Sign-Ups in Q3
Comcast More Than Doubles Peacock Streaming Service Sign-Ups in Q3

Comcast (NASDAQ: CMCSA) might not be posting the same kind of growth that Walt Disney (NYSE: DIS) did out of the box with its Disney+ streaming channel, but the cable giant announced Wednesday that the Peacock streaming service had more than doubled the number of subscribers to the service, with 22 million at the end of the third quarter. Having recently secured distribution rights on the Roku platform, Comcast may just see even more customers signing up. Both Comcast and Disney have benefited from the coronavirus pandemic, as related lockdowns and stay-at-home orders have caused consumers to turn to television for entertainment.