Will Comcast's Fears of Disrupting Cable Stifle Peacock's Streaming Future?
Comcast-owned (NASDAQ: CMCSA) NBCUniversal is a part of the wave of companies releasing new streaming services. But you'd be forgiven if you'd forgotten about Peacock, which the company has been preparing with relatively little hype until an investor event earlier this month.
Compared to Disney's (NYSE: DIS) juggernaut Disney+ or even Apple's (NASDAQ: AAPL) less popular Apple TV+, Peacock hasn't captured the imagination of streaming customers (though investors seem to be starting to notice it).
The relatively low profile is reflective of NBCUniversal's modest strategy. The company has long had a reputation for caution in the streaming space, and the design and launch of Peacock seems like it will do little to change the conventional wisdom. NBCUniversal is clearly interested in limiting its potential downside, but will playing it safe hurt Peacock in the long run?
Source Fool.com
