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Peacock Closed Q1 2023 With 22 Million Paid Subscribers

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Peacock finished up the first quarter of 2023 with 22 million paid subscribers, an increase on the previous quarter and year.

In terms of access to Peacock, one of the big changes during the previous quarter was the removal of the free tier. While those already signed up to the free tier can continue to use it, new users now have to pick a plan and pay for the first month or year when signing up.

When it comes to the most recent quarter, Peacock managed to close out Q1 of 2023 with 22 million paid subscribers, according to the latest quarterly results from Comcast. This works out to be an increase of roughly 2 million compared to the 20 million noted at the end of the fourth quarter of 2022.

As importantly, it also represented an increase of around 60 percent when compared to the first quarter of 2022. Comcast also explained that Peacock revenue rose to $685 million, an increase of 45%.

The previous quarter had been pretty good to Peacock users at a content level. For example, Paid Peacock subscribers gained access to a Reelz linear channel and the ability to watch MSNBC’s Morning Joe and CNBC’s Squawk Box. This is in addition to access to popular new movies like M3GAN and Cocaine Bear.

For those that have yet to give the service a try, it is currently possible to sign up and only pay $20 for an entire year when using a promo code, a saving of $30 on the usual cost of the annual subscription.

John Finn

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