earnings

78,000 video customers cut the cord

Cord-cutting results in 392,000 fewer pay TV customers

Shares rose (slightly) after hours for the oft-dinged streaming company, as user accounts also increased by 1.6 million

Peacock adds 3 million subscribers, cuts losses

U.S. advertising sales edge up

Revenue down 3.2%

Core ad revenues up 2%

Domestic direct-to-consumer subscribers drop by 400,000

But analyst Craig Moffett is concerned that price cuts meant to rekindle flagging broadband customer growth might also crater ARPU

Core Disney Plus subs down, DTC losses decline, ESPN DTC version coming in fall 2025