Comcast Q4 sinks on cord-cutting, Peacock losses
Comcast posted fourth-quarter earnings down as losses grew at its Peacock streaming service and the cable business lost subscribers. There were also $638 million (€587.7m) in severance costs as staff were cut. Peacock reported 20 million subscribers up from 15 million in October, but the investment in the streaming service expanded its quarterly loss to […]