Comcast Needs to Launch Peacock ASAP
Comcast (NASDAQ: CMCSA) launched its Peacock streaming service to select Xfinity X1 and Flex customers this week, and it plans to roll out the service to all of its video and internet subscribers before the end of the month. While Comcast had originally planned to launch the service to everyone in July, it's considering moving up the launch date for the general public. "We feel even more strongly we need to bring Peacock as quickly to market as possible," Matt Strauss, Peacock's chairman, said in a conference call.
And there's a good reason for that sentiment. Peacock has been dealt a bad hand, but launching earlier could help boost its chances at winning a share of the streaming video market.
Image source: Comcast.
Source Fool.com
