streaming tv

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 Eubanks/NBCUniversal/NBCU Photo Bank)

Netflix Now Boasts 65M Subscribers

Thanks to investments in original programming, with popular shows such as Orange is the New Black and House of Cards, Netflix added 2.5 million new subscribers in the second quarter of 2015.

netflix-screen-reuters

Netflix Stock Streams Higher, Adding Almost 5M Subscribers

Netflix, Inc. beat its aggressive prediction that it would add 4 million new streaming subscribers in the quarter ending March by adding 4.88 million subscribers. After shares leaped 47% over the past three months, the fabulous numbers sent the stock up about 11 percent to $531 in after-hours trading on Wednesday.

The Associated Press