AMC Theatres Secures Bondholders’ Relief For New Debt Refinancing Peacock, the streaming service of Comcast’s entertainment unit NBCUniversal, has posted a widened fourth-quarter loss of $552 million, compared with $372 million in the year-ago period. Comcast CFO Jason Armstrong on a morning call said Peacock had “reached meaningful scale,” and “in 2026 we expect Peacock losses to meaningfully improve again” as the media conglomerate continues to navigate a disrupted landscape for traditional Hollywood studios. Comcast chairman and CEO Brian Roberts discussed the wider market backdrop for Peacock amid continuing industry consolidation that had the company eyeing and then calling off any run at Warner Bros. Discovery. “In terms of Warner Bros., what can you say, it’s still underway, obviously. We saw an opportunity to see if we could build value for Comcast shareholders, looking at their international reach, and would have been additive. But once it looked like all-cash, we were just not interested in these values stretching our balance sheet to do something like that,” Roberts explained.
Published: January 29, 2026 3:29 pm
Source: hollywoodreporter.com — Read original