Streaming Services

NBCUniversal Bloodbath: Peacock Fails to Grow Subscribers and Loses $467M

NBCUniversal can’t seem to whip up much consumer enthusiasm for its Peacock streaming service. The highly touted streamer — which features MSNBC programming and original scripted shows like “Queer as Folk” — failed to grow its subscriber base during the second quarter and even lost $467 million in the process.

THE KELLY CLARKSON SHOW -- Episode 1159 -- Pictured: Seth MacFarlane -- (Photo by: Weiss E

Netflix Reports Disastrous Second Quarter as Subscriptions Fall Short

Far-left Netflix had a disastrous second quarter that saw new subscriptions fall short of expectations, causing shares of the streaming entertainment company to plummet by as much as 12 percent in after-hours trading on Thursday. The company cited growing competition from TikTok, the Chinese-owned video app that is hugely popular with Gen Z.

MEXICO CITY, MEXICO - SEPTEMBER 12: Reed Hastings, CEO of Netflix, attends a press confere