Despite a $2.5B loss in 2022, Comcast remains bullish on Peacock after doubling subscriptions

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Comcast Corp. is continue to invest heavily in the streaming wars. Its Peacock platform doubled its paid subscribers in 2022 but still lost $2.5 billion, and the tech and media conglomerate likely hasn't hit its peak Peacock losses yet. Comcast (NASDAQ: CMCSA) reported its fourth quarter and full year earnings on Thursday, largely topping analyst expectations as it painted a picture for how it intends to proceed with Peacock, its theme parks and the potential for future acquisition...


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