Comcast Is Doubling Down on Peacock

Since launching Peacock in the summer of 2020, Comcast's (NASDAQ: CMCSA) management hasn't provided a lot of details on the business. But it was ready to share some key metrics with investors during its fourth-quarter earnings call in late January.

The biggest news from management was its plan to double its content spending for Peacock in 2022 from $1.5 billion to $3 billion. Here's what's giving management the confidence to double down on Peacock, and how that will impact investors.

Image source: Getty Images.

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Source Fool.com