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Comcast Corporation reported results for the quarter ended June 30, 2023, and revealed that the paid subscribers for its streaming service Peacock nearly doubled compared to the prior year period, adding 2 million users and reaching 24 million.

Comcast’s new President Mike Cavanagh unveiled a significant revamp of the company’s senior management ranks, with Donna Langley, Mark Lazarus and Cesar Conde gaining significant promotions.

Comcast unveiled Now TV, a new streaming offering that includes more than 40 live channels, plus more than 20 integrated FAST channels, and a subscription to Peacock Premium at no additional cost.

Jeff Shell, Chief Executive Officer of NBCUniversal, has mutually agreed with Comcast that he will depart effective immediately following an investigation led by an outside counsel into a complaint of inappropriate conduct.

At approximately 30%, the player would enjoy a comprehensive lead on Netflix’s 23%, according to a recent study by Ampere Analysis. Hulu is currently owned by Disney (67%) and Comcast (33%), who are due to reach a sale agreement in January 2024.